S&P 500   5,123.41
DOW   37,983.24
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5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
S&P 500   5,123.41
DOW   37,983.24
QQQ   438.27
5 Trends You Need to Know This Quarter
MarketBeat Week in Review – 4/8 - 4/12
Diplomat tapped as Latvia's new foreign minister as incumbent quits following flights scandal
It's almost April 15. Here's how to reduce stress and get your taxes done
Nearing 50 Supreme Court arguments in, lawyer Lisa Blatt keeps winning
The craze for Masters gnomes is growing. Little golf-centric statue is now a coveted collector item
How O.J. Simpson burned the Ford Bronco into America's collective memory
NYSE:EVTC

EVERTEC (EVTC) Stock Price, News & Analysis

$37.37
-0.59 (-1.55%)
(As of 04/12/2024 ET)
Today's Range
$37.20
$37.76
50-Day Range
$36.07
$42.22
52-Week Range
$31.55
$42.21
Volume
282,759 shs
Average Volume
385,465 shs
Market Capitalization
$2.41 billion
P/E Ratio
30.88
Dividend Yield
0.54%
Price Target
$41.33

EVERTEC MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
10.6% Upside
$41.33 Price Target
Short Interest
Bearish
2.83% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$4.32 M Sold Last Quarter
Proj. Earnings Growth
13.30%
From $2.33 to $2.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.43 out of 5 stars

Business Services Sector

240th out of 306 stocks

Data Processing & Preparation Industry

39th out of 55 stocks

EVTC stock logo

About EVERTEC Stock (NYSE:EVTC)

EVERTEC, Inc. engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services - Puerto Rico & Caribbean; Latin America Payments and Solutions; 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. In addition, the company 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 services. Further, it provides business process management solutions comprising core bank processing, network hosting and management, IT professional, business process outsourcing, item and cash processing, and fulfillment solutions to merchant, fintech, financial institutions, and corporate and government customers. Additionally, the company owns and operates the ATH network, a personal identification number debit networks. It manages a system of electronic payment networks that process approximately six billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

EVTC Stock Price History

EVTC Stock News Headlines

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Company Calendar

Ex-Dividend for 3/15 Dividend
2/26/2024
Last Earnings
2/28/2024
Dividend Payable
3/15/2024
Today
4/13/2024
Next Earnings (Estimated)
4/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Employees
5,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$41.33
High Stock Price Target
$50.00
Low Stock Price Target
$33.00
Potential Upside/Downside
+10.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$79.72 million
Pretax Margin
12.29%

Debt

Sales & Book Value

Annual Sales
$694.71 million
Cash Flow
$4.03 per share
Book Value
$9.26 per share

Miscellaneous

Free Float
65,032,000
Market Cap
$2.41 billion
Optionable
Optionable
Beta
1.20
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EVTC Stock Analysis - Frequently Asked Questions

Should I buy or sell EVERTEC stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EVERTEC in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EVTC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EVTC, but not buy additional shares or sell existing shares.
View EVTC analyst ratings
or view top-rated stocks.

What is EVERTEC's stock price target for 2024?

3 analysts have issued 1-year target prices for EVERTEC's shares. Their EVTC share price targets range from $33.00 to $50.00. On average, they expect the company's share price to reach $41.33 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for EVTC
or view top-rated stocks among Wall Street analysts.

How have EVTC shares performed in 2024?

EVERTEC's stock was trading at $40.94 on January 1st, 2024. Since then, EVTC shares have decreased by 8.7% and is now trading at $37.37.
View the best growth stocks for 2024 here
.

Are investors shorting EVERTEC?

EVERTEC saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 1,820,000 shares, an increase of 25.5% from the March 15th total of 1,450,000 shares. Based on an average daily volume of 316,000 shares, the short-interest ratio is presently 5.8 days. Currently, 2.8% of the shares of the company are sold short.
View EVERTEC's Short Interest
.

When is EVERTEC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our EVTC earnings forecast
.

How were EVERTEC's earnings last quarter?

EVERTEC, Inc. (NYSE:EVTC) issued its quarterly earnings data on Wednesday, February, 28th. The business services provider reported $0.53 EPS for the quarter, missing analysts' consensus estimates of $0.59 by $0.06. The business services provider earned $194.62 million during the quarter, compared to analysts' expectations of $179.86 million. EVERTEC had a net margin of 11.48% and a trailing twelve-month return on equity of 29.73%.

How often does EVERTEC pay dividends? What is the dividend yield for EVERTEC?

EVERTEC announced a quarterly dividend on Thursday, February 15th. Shareholders of record on Tuesday, February 27th will be paid a dividend of $0.05 per share on Friday, March 15th. This represents a $0.20 annualized dividend and a yield of 0.54%. The ex-dividend date is Monday, February 26th.
Read our dividend analysis for EVTC
.

Is EVERTEC a good dividend stock?

EVERTEC (NYSE:EVTC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.53%. The dividend payout ratio is 16.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVTC will have a dividend payout ratio of 7.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EVTC.

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

EVERTEC updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided EPS guidance of 2.820-2.940 for the period, compared to the consensus EPS estimate of 2.970. The company issued revenue guidance of $844.0 million-$854.0 million, compared to the consensus revenue estimate of $779.5 million.

What is Mac Schuessler's approval rating as EVERTEC's CEO?

2 employees have rated EVERTEC Chief Executive Officer Mac Schuessler on Glassdoor.com. Mac Schuessler has an approval rating of 65% among the company's employees.

What other stocks do shareholders of EVERTEC own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EVERTEC investors own include Advanced Micro Devices (AMD), AbbVie (ABBV), KeyCorp (KEY), OPKO Health (OPK), Cree (CREE), Cisco Systems (CSCO), Energy Transfer (ET), Etsy (ETSY), International Business Machines (IBM) and Pfizer (PFE).

Who are EVERTEC's major shareholders?

EVERTEC's stock is owned by a variety of institutional and retail investors. Top institutional investors include Bridge City Capital LLC (0.09%). Insiders that own company stock include Castillo Rodrigo Del, Diego Viglianco, Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Luis A Rodriguez-Gonzalez, Morgan M Schuessler, Paola Perez-Surillo, Philip E Steurer and Popular, Inc.
View institutional ownership trends
.

How do I buy shares of EVERTEC?

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

This page (NYSE:EVTC) was last updated on 4/13/2024 by MarketBeat.com Staff

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