NYSE:EVTC - Evertec Stock Price, News, & Analysis

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$27.71 -1.37 (-4.71 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$27.71
Today's Range$27.70 - $28.91
52-Week Range$15.85 - $31.10
Volume593,965 shs
Average Volume497,771 shs
Market Capitalization$2.01 billion
P/E Ratio16.30
Dividend Yield0.69%
Beta0.67
EVERTEC, Inc. and its subsidiaries engage in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, Merchant Acquiring, and Business Solutions. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; payment and billing products for merchants, businesses, and financial institutions; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting services, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. The company manages a system of electronic payment networks that process approximately two billion transactions. It sells and distributes its services primarily through a proprietary direct sales force, as well as various indirect sales channels, including value-added resellers. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

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Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone787-759-9999

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$453.87 million
Cash Flow$2.5375 per share
Book Value$2.96 per share

Profitability

Net Income$86.27 million

Miscellaneous

Employees2,100
Market Cap$2.01 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

Evertec (NYSE:EVTC) Frequently Asked Questions

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 declared a quarterly dividend on Friday, February 15th. Stockholders of record on Tuesday, February 26th will be given a dividend of $0.05 per share on Friday, March 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.72%. The ex-dividend date of this dividend is Monday, February 25th. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec Inc (NYSE:EVTC) released its earnings results on Wednesday, February, 20th. The business services provider reported $0.43 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.40 by $0.03. The business services provider earned $118.20 million during the quarter, compared to analyst estimates of $114.72 million. Evertec had a return on equity of 64.03% and a net margin of 19.01%. The business's revenue for the quarter was up 18.7% on a year-over-year basis. During the same period last year, the company earned $0.24 earnings per share. View Evertec's Earnings History.

When is Evertec's next earnings date?

Evertec is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Evertec.

What guidance has Evertec issued on next quarter's earnings?

Evertec updated its FY19 earnings guidance on Wednesday, February, 20th. The company provided earnings per share (EPS) guidance of $1.80-$1.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96. The company issued revenue guidance of $464-$476 million, compared to the consensus revenue estimate of $473.44 million.Evertec also updated its FY 2019 guidance to $1.80-1.90 EPS.

What price target have analysts set for EVTC?

6 equities research analysts have issued 12-month target prices for Evertec's shares. Their forecasts range from $25.00 to $33.00. On average, they expect Evertec's share price to reach $28.75 in the next year. This suggests a possible upside of 3.8% from the stock's current price. View Analyst Price Targets for Evertec.

What is the consensus analysts' recommendation for Evertec?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evertec in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Evertec.

Has Evertec been receiving favorable news coverage?

Press coverage about EVTC stock has been trending somewhat positive this week, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Evertec earned a news sentiment score of 0.6 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term.

Who are some of Evertec's key competitors?

What other stocks do shareholders of Evertec own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evertec investors own include NVIDIA (NVDA), Micron Technology (MU), New Residential Investment (NRZ), Intel (INTC), KeyCorp (KEY), Visa (V), Cisco Systems (CSCO), General Electric (GE), IBM (IBM) and Roku (ROKU).

Who are Evertec's key executives?

Evertec's management team includes the folowing people:
  • Mr. Morgan M. Schuessler Jr., Pres, CEO & Director (Age 46)
  • Mr. Philip E. Steurer, Exec. VP & COO (Age 50)
  • Mr. Guillermo Rospigliosi, Exec. VP of Product, Marketing & Innovation (Age 45)
  • Mr. Miguel Vizcarrondo, Exec. VP of Payment Services, Puerto Rico & Caribbean, Bus. Solutions and Merchant Acquiring (Age 46)
  • Mr. Joaquín Castrillo, Exec. VP & CFO (Age 37)

Who are Evertec's major shareholders?

Evertec's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.23%), FMR LLC (5.53%), Bank of Montreal Can (2.11%), Norges Bank (1.92%), Robeco Institutional Asset Management B.V. (1.88%) and Dimensional Fund Advisors LP (1.87%). Company insiders that own Evertec stock include Carlos J Ramirez, Diana I Rivera-Ramirez, Frank G D'angelo, Guillermo Rospigliosi, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Philip E Steurer and Tere Loubriel. View Institutional Ownership Trends for Evertec.

Which major investors are selling Evertec stock?

EVTC stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Millennium Management LLC, Pzena Investment Management LLC, Sapience Investments LLC, Castleark Management LLC, ETF Managers Group LLC, American Century Companies Inc. and Copper Rock Capital Partners LLC. Company insiders that have sold Evertec company stock in the last year include Carlos J Ramirez, Diana I Rivera-Ramirez, Frank G D'angelo, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Philip E Steurer and Tere Loubriel. View Insider Buying and Selling for Evertec.

Which major investors are buying Evertec stock?

EVTC stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, WINTON GROUP Ltd, Boston Partners, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, BlackRock Inc., PNC Financial Services Group Inc. and Hsbc Holdings PLC. View Insider Buying and Selling for Evertec.

How do I buy shares of Evertec?

Shares of EVTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Evertec's stock price today?

One share of EVTC stock can currently be purchased for approximately $27.71.

How big of a company is Evertec?

Evertec has a market capitalization of $2.01 billion and generates $453.87 million in revenue each year. The business services provider earns $86.27 million in net income (profit) each year or $1.70 on an earnings per share basis. Evertec employs 2,100 workers across the globe.

What is Evertec's official website?

The official website for Evertec is http://www.evertecinc.com.

How can I contact Evertec?

Evertec's mailing address is Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926. The business services provider can be reached via phone at 787-759-9999 or via email at [email protected]


MarketBeat Community Rating for Evertec (NYSE EVTC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  198 (Vote Outperform)
Underperform Votes:  222 (Vote Underperform)
Total Votes:  420
MarketBeat's community ratings are surveys of what our community members think about Evertec and other stocks. Vote "Outperform" if you believe EVTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EVTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

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