EVERTEC, Inc., formerly Carib Latam Holdings, Inc., is a full-service transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. It has three segments: Merchant Acquiring, Payment Processing and Business Solutions. It provides services to merchants that allow them to accept electronic methods of payment, such as debit, credit, prepaid and electronic benefit transfer cards, carrying the ATH, Visa, MasterCard, Discover and American Express brands. It provides a suite of payment processing products and services to blue chip regional and global corporate customers, government agencies and financial institutions across Latin American and the Caribbean. It provides a suite of business process management solutions, which include core bank processing, network hosting and management, information technology (IT) consulting services, business process outsourcing, item and cash processing, and fulfillment.
Industry, Sector and Symbol:
- Sector: Business Services
- Industry: Business Software & Services
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: EVTC
- Previous Close: $17.05
- 50 Day Moving Average: $17.37
- 200 Day Moving Average: $16.88
- 52-Week Range: $11.55 - $18.60
- Trailing P/E Ratio: 16.37
- Foreward P/E Ratio: 9.63
- P/E Growth: 2.41
- Market Cap: $1.31B
- Outstanding Shares: 73,872,000
- Beta: 1.27
- Net Margins: 21.14%
- Return on Equity: 120.29%
- Return on Assets: 14.59%
Companies Related to Evertec:
- Debt-to-Equity Ratio: 5.65%
- Current Ratio: 1.21%
- Quick Ratio: 1.21%
What is Evertec's stock symbol?
Evertec trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVTC."
How often does Evertec pay dividends? What is the dividend yield for Evertec?
Evertec announced a quarterly dividend on Friday, February 17th. Shareholders of record on Wednesday, March 1st will be paid a dividend of $0.10 per share on Monday, March 20th. This represents a $0.40 dividend on an annualized basis and a yield of 2.35%. The ex-dividend date is Monday, February 27th.
Where is Evertec's stock going? Where will Evertec's stock price be in 2017?
6 brokers have issued 1-year price objectives for Evertec's shares. Their forecasts range from $17.00 to $19.00. On average, they anticipate Evertec's stock price to reach $18.25 in the next year.
When will Evertec announce their earnings?
Evertec is scheduled to release their next quarterly earnings announcement on Tuesday, May, 9th 2017.
What are analysts saying about Evertec stock?
Here are some recent quotes from research analysts about Evertec stock:
- Stifel Nicolaus analysts commented, "In our view, EVTC's better than expected 4Q results were more than offset by disappointing initial 2017 guidance. Additionally, we are concerned by the shrinking bellwether acquiring business, international attrition and continued macro headwinds in PR. On the positive side, we are encouraged by the newly announced acquisition of Chilean payments company PayGroup, which is the company's first meaningfully step toward international expansion. That said, the growth outlook remains challenged and coupled with continued margin pressure, we struggle to find reasons for optimism. Therefore despite an attractive valuation at just 10.4x 2018 EPS, we continue to believe a wait and see approach is best." (2/23/2017)
According to Zacks Investment Research, "Evertec, Inc. is engaged in transaction processing business primarily in Latin America and the Caribbean. The Company operates through divisions which consist of Merchant Acquiring Solutions, Payment Processing and Business Solutions. It offers ATH network, payment processing, card products processing, electronic benefit transfer services, information technology services, database management services, printing centre and document mailing, cash processing, business processes outsourcing services as well as payment solutions, point-of-sale systems and accessories to receive payments. Evertec, Inc. is based in San Juan, Puerto Rico. " (2/22/2017)
Who owns Evertec stock?
Evertec's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (14.81%), Rivulet Capital LLC (3.90%), Renaissance Technologies LLC (3.69%), State Street Corp (1.60%), Skyline Asset Management LP (1.22%) and Thompson Siegel & Walmsley LLC (0.94%). Company insiders that own Evertec stock include Carlos J Ramirez and Miguel Vizcarrondo.
Who sold Evertec stock? Who is selling Evertec stock?
Evertec's stock was sold by a variety of institutional investors in the last quarter, including North Run Capital LP, FMR LLC, Federated Investors Inc. PA, Two Sigma Investments LP, Skyline Asset Management LP, Fiera Capital Corp and Barrow Hanley Mewhinney & Strauss LLC.
Who bought Evertec stock? Who is buying Evertec stock?
Evertec's stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Texas Yale Capital Corp., Denver Investment Advisors LLC, Thompson Siegel & Walmsley LLC, Bogle Investment Management L P DE, AQR Capital Management LLC, Rivulet Capital LLC and State Street Corp.
How do I buy Evertec stock?
Shares of Evertec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Evertec stock cost?
One share of Evertec stock can currently be purchased for approximately $17.05.