Evertec Company Profile (NYSE:EVTC)

About Evertec

Evertec logoEVERTEC, 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
  • CUSIP:
Key Metrics:
  • 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
Profitability:
  • Net Margins: 21.14%
  • Return on Equity: 120.29%
  • Return on Assets: 14.59%
Debt:
  • Debt-to-Equity Ratio: 5.65%
  • Current Ratio: 1.21%
  • Quick Ratio: 1.21%
Additional Links:
Companies Related to Evertec:

Analyst Ratings

Consensus Ratings for Evertec (NYSE:EVTC) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.83)
Consensus Price Target: $18.25 (7.04% upside)

Analysts' Ratings History for Evertec (NYSE:EVTC)
Show:
DateFirmActionRatingPrice TargetDetails
2/23/2017Stifel NicolausBoost Price TargetHold -> Hold$16.00 -> $17.00View Rating Details
1/12/2017Compass PointDowngradeBuy -> Neutral$19.00View Rating Details
12/5/2016Cowen and CompanyDowngradeOutperform -> Market Perform$18.00 -> $19.00View Rating Details
7/29/2016Deutsche Bank AGBoost Price TargetHold$15.00 -> $18.00View Rating Details
5/12/2016Bank of America CorpReiterated RatingSellView Rating Details
5/12/2016Morgan StanleyReiterated RatingHoldView Rating Details
2/18/2016Goldman Sachs Group, Inc. (The)Lower Price TargetNeutral$16.00 -> $14.00View Rating Details
8/20/2015William BlairReiterated RatingOutperformView Rating Details
8/14/2015J P Morgan Chase & CoReiterated RatingNeutral$22.00 -> $24.00View Rating Details
3/30/2015Topeka Capital MarketsInitiated CoverageBuy$26.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Evertec (NYSE:EVTC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/9/2017        
2/22/2017Q416$0.41$0.43$97.49 million$101.89 millionViewListenView Earnings Details
11/2/2016Q316$0.40$0.41$95.29 million$94.47 millionViewN/AView Earnings Details
7/28/2016Q216$0.41$0.43$93.40 million$97.70 millionViewListenView Earnings Details
5/11/2016Q1$0.40$0.41$92.12 million$95.48 millionViewListenView Earnings Details
2/17/2016Q415$0.44$0.44$94.85 million$95.50 millionViewListenView Earnings Details
11/4/2015Q315$0.42$0.42$91.38 million$92.80 millionViewN/AView Earnings Details
8/5/2015Q215$0.43$0.44$93.83 million$93.20 millionViewN/AView Earnings Details
5/6/2015Q115$0.40$0.39$89.40 million$91.30 millionViewN/AView Earnings Details
2/18/2015Q414$0.45$0.44$95.93 million$93.50 millionViewN/AView Earnings Details
11/5/2014Q314$0.40$0.40$92.40 million$88.64 millionViewN/AView Earnings Details
8/6/2014Q214$0.40$0.41$94.40 million$91.10 millionViewN/AView Earnings Details
5/7/2014Q1 14$0.39$0.40$91.26 million$87.20 millionViewN/AView Earnings Details
2/12/2014Q413$0.43$91.00 million$93.30 millionViewN/AView Earnings Details
11/6/2013Q313$0.36$83.80 million$87.40 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.35$84.40 million$89.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Evertec (NYSE:EVTC)
Current Year EPS Consensus Estimate: $1.66 EPS
Next Year EPS Consensus Estimate: $1.77 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.44$0.44$0.44
Q2 20161$0.45$0.45$0.45
Q3 20161$0.45$0.45$0.45
Q4 20161$0.47$0.47$0.47
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Evertec (NYSE:EVTC)
Annual Dividend:$0.40
Dividend Yield:2.35%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:37.04% (Based on Trailing 12 Months of Earnings)
24.10% (Based on Current Year Consensus EPS Estimate)
22.60% (Based on Next Year Consensus EPS Estimate)

Dividend History for Evertec (NYSE:EVTC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/17/2017quarterly$0.102.33%2/27/20173/1/20173/20/2017
10/28/2016quarterly$0.102.62%11/9/201611/14/201612/2/2016
7/29/2016quarterly$0.102.33%8/5/20168/9/20169/2/2016
5/12/2016quarterly$0.102.98%5/19/20165/23/20166/10/2016
2/18/2016quarterly$0.103.47%2/25/20162/29/20163/17/2016
11/5/2015quarterly$0.102.33%11/12/201511/16/201512/4/2015
8/6/2015quarterly$0.102.02%8/13/20158/17/20159/3/2015
5/7/2015quarterly$0.101.8%5/14/20155/18/20156/5/2015
2/19/2015quarterly$0.102%2/26/20153/2/20153/19/2015
11/5/2014quarterly$0.101.81%11/13/201411/17/201412/5/2014
8/6/2014quarterly$0.101.82%8/14/20148/18/20149/5/2014
5/7/2014quarterly$0.101.73%5/15/20145/19/20146/6/2014
2/12/2014quarterly$0.101.69%2/21/20142/25/20143/14/2014
11/6/2013quarterly$0.101.81%11/14/201311/18/201312/6/2013
8/8/2013special$0.108/15/20138/19/20139/6/2013
8/7/2013quarterly$0.108/19/20139/6/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Evertec (NYSE:EVTC)
Insider Ownership Percentage: 0.56%
Institutional Ownership Percentage: 74.79%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/23/2016Miguel VizcarrondoInsiderSell30,000$17.00$510,000.00View SEC Filing  
9/21/2015Carlos J RamirezEVPSell37,500$18.31$686,625.00View SEC Filing  
6/22/2015Carlos J RamirezEVPSell50,000$22.86$1,143,000.00View SEC Filing  
5/7/2015Miguel VizcarrondoEVPSell50,000$22.06$1,103,000.00View SEC Filing  
4/21/2015Carlos J RamirezEVPSell50,000$21.20$1,060,000.00View SEC Filing  
3/6/2015Carlos J RamirezEVPSell3,367$22.00$74,074.00View SEC Filing  
12/18/2014Peter HarringtonCEOSell10,411$22.18$230,915.98View SEC Filing  
12/10/2014Peter HarringtonCEOSell10,550$22.46$236,953.00View SEC Filing  
12/8/2014Peter HarringtonCEOSell10,500$22.46$235,830.00View SEC Filing  
12/5/2014Peter HarringtonCEOSell136,010$22.25$3,026,222.50View SEC Filing  
11/28/2014Peter HarringtonCEOSell107,390$22.31$2,395,870.90View SEC Filing  
11/25/2014Philip E SteurerCOOSell68,238$21.52$1,468,481.76View SEC Filing  
11/13/2014Carlos J RamirezEVPSell3,300$22.06$72,798.00View SEC Filing  
9/25/2014Philip E SteurerCOOSell25,000$22.13$553,250.00View SEC Filing  
6/25/2014Jimenez Juan Jose RomanCFOSell22,000$24.80$545,600.00View SEC Filing  
6/24/2014Peter HarringtonCEOSell50,000$25.05$1,252,500.00View SEC Filing  
5/28/2014Jimenez Juan Jose RomanCFOSell1,700$24.00$40,800.00View SEC Filing  
5/12/2014Carlos RamirezEVPSell40,000$22.94$917,600.00View SEC Filing  
3/26/2014Peter HarringtonCEOSell50,000$24.95$1,247,500.00View SEC Filing  
12/13/2013Popular IncDirectorSell5,800,000$20.33$117,914,000.00View SEC Filing  
9/18/2013Carlos RamirezEVPSell30,000$21.77$653,100.00View SEC Filing  
9/18/2013Popular IncDirectorSell9,057,000$21.77$197,170,890.00View SEC Filing  
9/17/2013Frank D'angeloDirectorBuy10,000$22.97$229,700.00View SEC Filing  
4/17/2013Philip E SteurerCOOBuy2,500$20.00$50,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Evertec (NYSE:EVTC)
DateHeadline
marketexclusive.com logoAnalyst Activity – Stifel Nicolaus Raises Its Price Target On Evertec (NYSE:EVTC) to $17.00 (NYSE:EVTC)
marketexclusive.com - February 23 at 5:05 PM
nasdaq.com logoEx-Dividend Reminder: ING Groep, Norbord and Evertec (NYSE:EVTC)
www.nasdaq.com - February 23 at 5:05 PM
finance.yahoo.com logoEdited Transcript of EVTC earnings conference call or presentation 22-Feb-17 10:00pm GMT (NYSE:EVTC)
finance.yahoo.com - February 23 at 5:05 PM
us.rd.yahoo.com logo4:13 pm EVERTEC beats by $0.02, beats on revs; guides FY17 EPS below consensus, revs in-line; updates on recent acquisitons (NYSE:EVTC)
us.rd.yahoo.com - February 22 at 10:25 PM
sg.finance.yahoo.com logoEvertec beats Street 4Q forecasts (NYSE:EVTC)
sg.finance.yahoo.com - February 22 at 10:25 PM
finance.yahoo.com logoEVERTEC Reports Fourth Quarter and Full Year 2016 Results (NYSE:EVTC)
finance.yahoo.com - February 22 at 5:23 PM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Results of Operations and Financial Con (NYSE:EVTC)
biz.yahoo.com - February 22 at 5:23 PM
businesswire.com logoEVERTEC Declares Quarterly Dividend on Common Stock (NYSE:EVTC)
www.businesswire.com - February 17 at 9:20 AM
capitalcube.com logoEVERTEC, Inc. – Value Analysis (NYSE:EVTC) : January 24, 2017 (NYSE:EVTC)
www.capitalcube.com - January 24 at 5:46 PM
capitalcube.com logoEVERTEC, Inc. breached its 50 day moving average in a Bearish Manner : EVTC-US : January 23, 2017 (NYSE:EVTC)
www.capitalcube.com - January 23 at 9:47 AM
tmcnet.com logoEVERTEC to Announce Fourth Quarter and Full Year … (NYSE:EVTC)
www.tmcnet.com - January 19 at 11:37 PM
finance.yahoo.com logoEVERTEC to Announce Fourth Quarter and Full Year 2016 Financial Results on February 22, 2017 (NYSE:EVTC)
finance.yahoo.com - January 19 at 6:35 PM
capitalcube.com logoEVERTEC, Inc. : EVTC-US: Dividend Analysis : November 14th, 2016 (record date) : By the numbers : January 11, 2017 (NYSE:EVTC)
www.capitalcube.com - January 11 at 5:41 PM
News IconEvertec selects Item Processing solutions from CheckAlt (NYSE:EVTC)
www.cuinsight.com - December 21 at 10:53 PM
News IconEvertec partners with CheckAlt on item processing tools (NYSE:EVTC)
www.greensheet.com - December 21 at 5:53 PM
4-traders.com logoEVERTEC, INC. : Regulation FD Disclosure (form 8-K) (NYSE:EVTC)
www.4-traders.com - December 15 at 5:41 PM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Regulation FD Disclosure (NYSE:EVTC)
biz.yahoo.com - December 14 at 9:10 PM
News IconOwnership Change: Carlos Ramirez Sold $908,982 Worth of Evertec Inc (NYSE:EVTC) Stock (NYSE:EVTC)
www.whatsonthorold.com - December 1 at 5:11 PM
capitalcube.com logoEVERTEC, Inc. breached its 50 day moving average in a Bullish Manner : EVTC-US : November 22, 2016 (NYSE:EVTC)
www.capitalcube.com - November 22 at 8:10 AM
finance.yahoo.com logoEVERTEC, INC. Financials (NYSE:EVTC)
finance.yahoo.com - November 11 at 4:24 PM
publicnow.com logoEVERTEC to Present at the J.P. Morgan 2016 Ultimate Services Investor Conference (NYSE:EVTC)
www.publicnow.com - November 9 at 9:04 PM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligati (NYSE:EVTC)
biz.yahoo.com - November 8 at 10:22 PM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibits (NYSE:EVTC)
biz.yahoo.com - November 3 at 4:42 PM
sg.finance.yahoo.com logoEvertec beats 3Q profit forecasts (NYSE:EVTC)
sg.finance.yahoo.com - November 3 at 8:00 AM
finance.yahoo.com logoEdited Transcript of EVTC earnings conference call or presentation 2-Nov-16 9:00pm GMT (NYSE:EVTC)
finance.yahoo.com - November 3 at 8:00 AM
publicnow.com logoEVERTEC Reports Third Quarter 2016 Results (NYSE:EVTC)
www.publicnow.com - November 2 at 5:03 PM
biz.yahoo.com logoQ3 2016 Evertec Inc Earnings Release - After Market Close (NYSE:EVTC)
biz.yahoo.com - November 2 at 8:08 AM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:EVTC)
biz.yahoo.com - October 28 at 8:04 AM
capitalcube.com logoEVERTEC, Inc. : EVTC-US: Dividend Analysis : August 09th, 2016 (record date) : By the numbers : October 17, 2016 (NYSE:EVTC)
www.capitalcube.com - October 17 at 4:53 PM
publicnow.com logoEVERTEC to Announce Third Quarter 2016 Financial Results on November 2, 2016 (NYSE:EVTC)
www.publicnow.com - October 6 at 4:53 PM
capitalcube.com logoEVERTEC, Inc. breached its 50 day moving average in a Bullish Manner : EVTC-US : September 29, 2016 (NYSE:EVTC)
www.capitalcube.com - September 29 at 9:56 AM
capitalcube.com logoEVERTEC, Inc. – Value Analysis (NYSE:EVTC) : September 20, 2016 (NYSE:EVTC)
www.capitalcube.com - September 21 at 9:08 AM
capitalcube.com logoEVERTEC, Inc. breached its 50 day moving average in a Bullish Manner : EVTC-US : September 19, 2016 (NYSE:EVTC)
www.capitalcube.com - September 19 at 9:34 AM
capitalcube.com logoETF’s with exposure to EVERTEC, Inc. : September 13, 2016 (NYSE:EVTC)
www.capitalcube.com - September 14 at 9:05 AM
live-pr.com logoNewly released market study: Evertec, Inc. (EVTC) - Financial and Strategic SWOT Analysis Review (NYSE:EVTC)
www.live-pr.com - August 27 at 4:41 PM
realistinvestor.com logoHere’s The Growth Forecast For Evertec, Inc. (NYSE:EVTC) (NYSE:EVTC)
www.realistinvestor.com - August 21 at 4:35 PM
capitalcube.com logoEVERTEC, Inc. :EVTC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 5, 2016 (NYSE:EVTC)
www.capitalcube.com - August 5 at 4:58 PM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NYSE:EVTC)
biz.yahoo.com - August 2 at 9:45 AM
4-traders.com logoEvertec : tops Street 2Q forecasts (NYSE:EVTC)
www.4-traders.com - July 30 at 4:34 PM
sg.finance.yahoo.com logoEvertec tops Street 2Q forecasts (NYSE:EVTC)
sg.finance.yahoo.com - July 28 at 6:25 PM
biz.yahoo.com logoQ2 2016 Evertec Inc Earnings Release - After Market Close (NYSE:EVTC)
biz.yahoo.com - July 28 at 7:07 AM
News IconKBW and Nasdaq launch fintech index (NYSE:EVTC)
www.finextra.com - July 18 at 10:02 AM
finance.yahoo.com logoEVERTEC, Inc. to Announce Second Quarter 2016 Financial Results on July 28, 2016 (NYSE:EVTC)
finance.yahoo.com - July 14 at 8:00 AM
capitalcube.com logoEVERTEC, Inc. – Value Analysis (NYSE:EVTC) : June 30, 2016 (NYSE:EVTC)
www.capitalcube.com - June 30 at 3:19 PM
capitalcube.com logoEVERTEC, Inc. breached its 50 day moving average in a Bullish Manner : EVTC-US : June 29, 2016 (NYSE:EVTC)
www.capitalcube.com - June 29 at 8:06 AM
moodys.com logoEVERTEC Group, LLC -- Moody's affirms Evertec's B1 CFR; outlook stable (NYSE:EVTC)
www.moodys.com - June 7 at 12:48 PM
publicnow.com logoEVERTEC to Present at the William Blair 2016 Growth Stock Conference (NYSE:EVTC)
www.publicnow.com - June 1 at 4:15 PM
sg.finance.yahoo.com logoEvertec beats Street 1Q forecasts (NYSE:EVTC)
sg.finance.yahoo.com - May 11 at 4:18 PM
biz.yahoo.com logoQ1 2016 Evertec Inc Earnings Release - After Market Close (NYSE:EVTC)
biz.yahoo.com - May 11 at 7:07 AM
capitalcube.com logoEVERTEC, Inc. breached its 50 day moving average in a Bearish Manner : EVTC-US : May 5, 2016 (NYSE:EVTC)
www.capitalcube.com - May 5 at 8:30 AM

Social

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.

Evertec (NYSE:EVTC) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Evertec (NYSE:EVTC)

Earnings History Chart

Earnings by Quarter for Evertec (NYSE:EVTC)

Dividend History Chart

Dividend Payments by Quarter for Evertec (NYSE:EVTC)

Last Updated on 2/24/2017 by MarketBeat.com Staff