Evertec Company Profile (NYSE:EVTC)

About Evertec (NYSE:EVTC)

Evertec logoEVERTEC, Inc. is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. It offers a range of services for core bank processing, cash processing and technology outsourcing. It owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. It serves a range of financial institutions, merchants, corporations and government agencies with solutions that enable them to issue, process and accept transactions securely. The Company's range of services spans the entire transaction processing value chain and includes a range of front-end customer-facing solutions.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Software & Services
  • Sub-Industry: N/A
  • Symbol: NYSE:EVTC
  • CUSIP: N/A
  • Web: www.evertecinc.com
Capitalization:
  • Market Cap: $1.21 billion
  • Outstanding Shares: 72,569,000
Average Prices:
  • 50 Day Moving Avg: $16.09
  • 200 Day Moving Avg: $16.75
  • 52 Week Range: $13.69 - $18.60
P/E:
  • Trailing P/E Ratio: 15.72
  • Foreward P/E Ratio: 9.68
  • P/E Growth: 2.16
Sales & Book Value:
  • Annual Revenue: $395.31 million
  • Price / Sales: 3.06
  • Book Value: $1.68 per share
  • Price / Book: 9.91
Dividend:
  • Annual Dividend: $0.40
  • Dividend Yield: 2.4%
Profitability:
  • EBIDTA: $155.45 million
  • 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%
Misc:
  • Average Volume: 318,571 shs.
  • Beta: 1.27
  • Short Ratio: 1.97
 

Frequently Asked Questions for Evertec (NYSE:EVTC)

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 Thursday, April 27th. Shareholders of record on Monday, May 8th will be given a dividend of $0.10 per share on Friday, June 9th. This represents a $0.40 dividend on an annualized basis and a yield of 2.40%. The ex-dividend date is Thursday, May 4th. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec Inc (NYSE:EVTC) released its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.45 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.39 by $0.06. The business earned $101.28 million during the quarter, compared to analysts' expectations of $98.66 million. Evertec had a net margin of 21.14% and a return on equity of 120.29%. View Evertec's Earnings History.

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

Evertec issued an update on its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of $1.54-1.67 for the period, compared to the Thomson Reuters consensus estimate of $1.59.

Where is Evertec's stock going? Where will Evertec's stock price be in 2017?

4 equities research analysts have issued 1 year price objectives for Evertec's stock. 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. View Analyst Ratings for Evertec.

What are analysts saying about Evertec stock?

Here are some recent quotes from research analysts about Evertec stock:

  • 1. 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. " (5/5/2017)
  • 2. 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)

Who are some of Evertec's key competitors?

Who owns Evertec stock?

Evertec's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (14.39%), Vanguard Group Inc. (6.96%), Rivulet Capital LLC (4.00%), Renaissance Technologies LLC (3.98%), American Century Companies Inc. (2.88%) and State Street Corp (1.64%). Company insiders that own Evertec stock include Carlos J Ramirez and Miguel Vizcarrondo. View Institutional Ownership Trends for Evertec.

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 Wells Fargo & Company MN, FMR LLC, Nationwide Fund Advisors, Credit Suisse AG, PNC Financial Services Group Inc., Stoneridge Investment Partners LLC, Texas Yale Capital Corp. and Engineers Gate Manager LP. View Insider Buying and Selling for Evertec.

Who bought Evertec stock? Who is buying Evertec stock?

Evertec's stock was purchased by a variety of institutional investors in the last quarter, including Denver Investment Advisors LLC, Vanguard Group Inc., American Century Companies Inc., Renaissance Technologies LLC, Goldman Sachs Group Inc., Citadel Advisors LLC, Geode Capital Management LLC and Heartland Advisors Inc.. View Insider Buying and Selling for Evertec.

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 $16.65.

Analyst Ratings

Consensus Ratings for Evertec (NYSE:EVTC) (?)
Ratings Breakdown: 4 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $18.25 (9.61% upside)

Analysts' Ratings History for Evertec (NYSE:EVTC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/23/2017Stifel NicolausBoost Price TargetHold -> Hold$16.00 -> $17.00N/AView Rating Details
1/12/2017Compass PointDowngradeBuy -> Neutral$19.00N/AView Rating Details
12/5/2016Cowen and CompanyDowngradeOutperform -> Market Perform$18.00 -> $19.00N/AView Rating Details
7/29/2016Deutsche Bank AGBoost Price TargetHold$15.00 -> $18.00N/AView Rating Details
5/12/2016Bank of America CorpReiterated RatingSellN/AView Rating Details
5/12/2016Morgan StanleyReiterated RatingHoldN/AView Rating Details
2/18/2016Goldman Sachs Group IncLower Price TargetNeutral$16.00 -> $14.00N/AView Rating Details
8/20/2015William BlairReiterated RatingOutperformN/AView Rating Details
8/14/2015JPMorgan Chase & Co.Reiterated RatingNeutral$22.00 -> $24.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Evertec (NYSE:EVTC)
Earnings by Quarter for Evertec (NYSE:EVTC)
Earnings History by Quarter for Evertec (NYSE:EVTC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/3/2017Q1$0.39$0.45$98.66 million$101.28 millionViewListenView Earnings Details
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: $1.65 EPS
Next Year EPS Consensus Estimate: $1.72 EPS

Dividends

Current Dividend Information for Evertec (NYSE:EVTC)
Next Dividend:6/9/2017
Annual Dividend:$0.40
Dividend Yield:2.40%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:37.04% (Trailing 12 Months of Earnings)
24.24% (Based on This Year's Estimates)
23.26% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Evertec (NYSE:EVTC)

Dividend History by Quarter for Evertec (NYSE:EVTC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/27/2017quarterly$0.102.52%5/4/20175/8/20176/9/2017
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 and Institutional Ownership History for Evertec (NYSE:EVTC)
Insider Ownership Percentage: 0.56%
Institutional Ownership Percentage: 74.79%
Insider Trades by Quarter for Evertec (NYSE:EVTC)
Institutional Ownership by Quarter for Evertec (NYSE:EVTC)
Insider Trades by Quarter for Evertec (NYSE:EVTC)
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

Headline Trends for Evertec (NYSE:EVTC)
Latest Headlines for Evertec (NYSE:EVTC)
Source:
DateHeadline
finance.yahoo.com logoEVERTEC, Inc. :EVTC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 18, 2017
finance.yahoo.com - May 18 at 10:18 AM
finance.yahoo.com logoEVERTEC, Inc. – Value Analysis (NYSE:EVTC) : May 8, 2017
finance.yahoo.com - May 9 at 8:58 AM
americanbankingnews.com logoEvertec Inc (EVTC) Issues Quarterly Earnings Results
www.americanbankingnews.com - May 6 at 1:00 AM
americanbankingnews.com logoEvertec Inc (EVTC) Raised to Hold at Zacks Investment Research
www.americanbankingnews.com - May 5 at 10:10 PM
finance.yahoo.com logoEVERTEC, Inc. breached its 50 day moving average in a Bullish Manner : EVTC-US : May 5, 2017
finance.yahoo.com - May 5 at 5:17 PM
americanbankingnews.com logoEvertec Inc (EVTC) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS
www.americanbankingnews.com - May 5 at 2:30 PM
finance.yahoo.com logoEVERTEC, Inc. : EVTC-US: Dividend Analysis : May 08th, 2017 (record date) : By the numbers : May 4, 2017
finance.yahoo.com - May 4 at 5:12 PM
finance.yahoo.com logoEdited Transcript of EVTC earnings conference call or presentation 3-May-17 9:00pm GMT
finance.yahoo.com - May 4 at 5:12 PM
americanbankingnews.com logoEvertec Inc (EVTC) Releases FY17 Earnings Guidance
www.americanbankingnews.com - May 4 at 1:05 AM
finance.yahoo.com logoEvertec beats Street 1Q forecasts
finance.yahoo.com - May 3 at 9:55 PM
finance.yahoo.com logoEVERTEC Reports First Quarter 2017 Results
finance.yahoo.com - May 3 at 4:55 PM
americanbankingnews.com logo Brokerages Expect Evertec Inc (EVTC) Will Post Quarterly Sales of $98.66 Million
www.americanbankingnews.com - May 3 at 3:40 PM
nasdaq.com logoEx-Dividend Reminder: Evertec, Bloomin' Brands and Papa John's International
www.nasdaq.com - May 3 at 9:12 AM
americanbankingnews.com logo Brokerages Anticipate Evertec Inc (EVTC) to Announce $0.39 EPS
www.americanbankingnews.com - May 1 at 11:31 AM
americanbankingnews.com logoEvertec Inc Plans Dividend of $0.10 (EVTC)
www.americanbankingnews.com - April 28 at 3:50 PM
americanbankingnews.com logoEvertec (EVTC) Getting Positive News Coverage, Report Shows
www.americanbankingnews.com - April 27 at 1:09 AM
americanbankingnews.com logoEvertec Inc (EVTC) Rating Lowered to Sell at Zacks Investment Research
www.americanbankingnews.com - April 25 at 8:50 PM
americanbankingnews.com logoEvertec Inc (EVTC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 24 at 4:49 PM
americanbankingnews.com logoEvertec (EVTC) Receives Daily Coverage Optimism Rating of 0.08
www.americanbankingnews.com - April 21 at 7:41 PM
finance.yahoo.com logoEVERTEC to Announce First Quarter 2017 Financial Results on May 3, 2017
finance.yahoo.com - April 10 at 4:52 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Evertec Inc (EVTC) Will Announce Earnings of $0.39 Per Share
www.americanbankingnews.com - April 10 at 11:00 AM
americanbankingnews.com logoEvertec Inc (EVTC) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - March 29 at 2:04 PM
finance.yahoo.com logoIs EVERTEC (EVTC) a Good Stock for Value Investors?
finance.yahoo.com - March 1 at 12:39 PM
nasdaq.com logoEx-Dividend Reminder: ING Groep, Norbord and Evertec
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
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
us.rd.yahoo.com - February 22 at 10:25 PM
finance.yahoo.com logoEVERTEC Reports Fourth Quarter and Full Year 2016 Results
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
biz.yahoo.com - February 22 at 5:23 PM
businesswire.com logoEVERTEC Declares Quarterly Dividend on Common Stock
www.businesswire.com - February 17 at 9:20 AM
finance.yahoo.com logoEVERTEC to Announce Fourth Quarter and Full Year 2016 Financial Results on February 22, 2017
finance.yahoo.com - January 19 at 6:35 PM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - December 14 at 9:10 PM
finance.yahoo.com logoEVERTEC, INC. Financials
finance.yahoo.com - November 11 at 4:24 PM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligati
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
biz.yahoo.com - November 3 at 4:42 PM
finance.yahoo.com logoEdited Transcript of EVTC earnings conference call or presentation 2-Nov-16 9:00pm GMT
finance.yahoo.com - November 3 at 8:00 AM
biz.yahoo.com logoQ3 2016 Evertec Inc Earnings Release - After Market Close
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
biz.yahoo.com - October 28 at 8:04 AM
biz.yahoo.com logoEVERTEC, INC. Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
biz.yahoo.com - August 2 at 9:45 AM
biz.yahoo.com logoQ2 2016 Evertec Inc Earnings Release - After Market Close
biz.yahoo.com - July 28 at 7:07 AM
finance.yahoo.com logoEVERTEC, Inc. to Announce Second Quarter 2016 Financial Results on July 28, 2016
finance.yahoo.com - July 14 at 8:00 AM
moodys.com logoEVERTEC Group, LLC -- Moody's affirms Evertec's B1 CFR; outlook stable
www.moodys.com - June 7 at 12:48 PM

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Evertec (EVTC) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff