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: IT Services & Consulting
  • Sub-Industry: N/A
  • Symbol: NYSE:EVTC
  • CUSIP: N/A
  • Web: www.evertecinc.com
  • Market Cap: $1.33905 billion
  • Outstanding Shares: 72,381,000
Average Prices:
  • 50 Day Moving Avg: $18.50
  • 200 Day Moving Avg: $17.04
  • 52 Week Range: $14.15 - $19.52
  • Trailing P/E Ratio: 17.45
  • Foreward P/E Ratio: 10.54
  • P/E Growth: 2.51
Sales & Book Value:
  • Annual Revenue: $401.15 million
  • Price / Sales: 3.37
  • Book Value: $1.80 per share
  • Price / Book: 10.36
  • Annual Dividend: $0.40
  • Dividend Yield: 2.2%
  • EBIDTA: $157.72 million
  • Net Margins: 19.64%
  • Return on Equity: 107.21%
  • Return on Assets: 14.29%
  • Debt-to-Equity Ratio: 4.22%
  • Current Ratio: 1.22%
  • Quick Ratio: 1.22%
  • Average Volume: 293,573 shs.
  • Beta: 1.24
  • Short Ratio: 2.53

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 announced a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be given a dividend of $0.10 per share on Friday, September 8th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, August 3rd. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec, Inc. (NYSE:EVTC) posted its quarterly earnings data on Tuesday, August, 1st. The company reported $0.44 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.02. The company had revenue of $103.51 million for the quarter, compared to analyst estimates of $100.21 million. Evertec had a net margin of 19.64% and a return on equity of 107.21%. Evertec's revenue for the quarter was up 6.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share. View Evertec's Earnings History.

When will Evertec make its next earnings announcement?

Evertec is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Evertec.

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

Evertec updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $1.63-1.71 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.64. The company issued revenue guidance of $411-417 million, compared to the consensus revenue estimate of $399.74 million.

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

3 brokers have issued twelve-month price targets for Evertec's shares. Their predictions range from $17.00 to $19.00. On average, they anticipate Evertec's stock price to reach $18.33 in the next twelve months. 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. " (8/10/2017)
  • 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 are Evertec's key executives?

Evertec's management team includes the folowing people:

  • Frank G. D'Angelo, Independent Chairman of the Board
  • Morgan M. Schuessler, President, Chief Executive Officer, Director
  • Peter J. S. Smith, Chief Financial Officer, Executive Vice President, Treasurer
  • Mariana Goldvarg, President - Latin America
  • Philip E. Steurer, Executive Vice President, Chief Operating Officer
  • Luis A. Rodriguez, Executive Vice President - Corporate Development and Strategy and General Counsel
  • Guillermo Rospigliosi, Executive Vice President - Product, Marketing and Innovation
  • Carlos J. Ramirez, Executive Vice President - Head of Business Solutions
  • Miguel Vizcarrondo, Executive Vice President - Head of Merchant Acquiring Business and Payment Processing
  • Nestor Obie Rivera, Director

Who owns Evertec stock?

Evertec's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (13.34%), Vanguard Group Inc. (6.83%), Rivulet Capital LLC (4.42%), Renaissance Technologies LLC (3.82%), Capital Research Global Investors (3.37%) and American Century Companies Inc. (2.66%). 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 Fine Capital Partners L.P., FMR LLC, American Century Companies Inc., Renaissance Technologies LLC, Vanguard Group Inc., Alliancebernstein L.P., Schwab Charles Investment Management Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for Evertec.

Who bought Evertec stock? Who is buying Evertec stock?

Evertec's stock was acquired by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Capital Research Global Investors, Denver Investment Advisors LLC, Mckinley Capital Management LLC Delaware, Rivulet Capital LLC, Boston Partners, LSV Asset Management and Thompson Siegel & Walmsley LLC. 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.

What is Evertec's stock price today?

One share of Evertec stock can currently be purchased for approximately $18.65.

MarketBeat Community Rating for Evertec (NYSE EVTC)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  115 (Vote Outperform)
Underperform Votes:  139 (Vote Underperform)
Total Votes:  254
MarketBeat's community ratings are surveys of what our community members think about Evertec and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Evertec (NYSE:EVTC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $18.33 (1.70% downside)

Analysts' Ratings History for Evertec (NYSE:EVTC)
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 CorporationReiterated RatingSellN/AView Rating Details
5/12/2016Morgan StanleyReiterated RatingHoldN/AView Rating Details
2/18/2016Goldman Sachs Group, Inc. (The)Lower Price TargetNeutral$16.00 -> $14.00N/AView Rating Details
(Data available from 9/19/2015 forward)


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
10/31/2017$0.41N/AView Earnings Details
8/1/20176/30/2017$0.42$0.44$100.21 million$103.51 millionViewListenView Earnings Details
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)


Earnings Estimates for Evertec (NYSE:EVTC)
Current Year EPS Consensus Estimate: $1.7 EPS
Next Year EPS Consensus Estimate: $1.77 EPS


Current Dividend Information for Evertec (NYSE:EVTC)
Most Recent Dividend:9/8/2017
Annual Dividend:$0.40
Dividend Yield:2.14%
Dividend Growth:26.00% (3 Year Average)
Payout Ratio:37.74% (Trailing 12 Months of Earnings)
23.53% (Based on This Year's Estimates)
22.60% (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
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Evertec (NYSE:EVTC)
Insider Ownership Percentage: 1.42%
Institutional Ownership Percentage: 77.96%
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)


Headline Trends for Evertec (NYSE:EVTC)
Latest Headlines for Evertec (NYSE:EVTC)
americanbankingnews.com logoPerficient (PRFT) versus Evertec (EVTC) Critical Review
www.americanbankingnews.com - September 18 at 6:10 AM
finance.yahoo.com logoEvertec Announces Hurricane Irma Relief Efforts
finance.yahoo.com - September 14 at 7:08 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 13 at 5:06 AM
americanbankingnews.com logo$102.48 Million in Sales Expected for Evertec, Inc. (EVTC) This Quarter
www.americanbankingnews.com - September 12 at 1:38 PM
americanbankingnews.com logoZacks: Analysts Anticipate Evertec, Inc. (EVTC) Will Post Earnings of $0.41 Per Share
www.americanbankingnews.com - September 10 at 6:32 AM
finance.yahoo.com logoEVERTEC, Inc. : EVTC-US: Dividend Analysis : August 07th, 2017 (record date) : By the numbers : September 1, 2017
finance.yahoo.com - September 1 at 6:50 PM
finance.yahoo.com logoIs Evertec, Inc. (EVTC) a Great Stock for Value Investors?
finance.yahoo.com - August 22 at 7:01 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Expected to Announce Earnings of $0.41 Per Share
www.americanbankingnews.com - August 22 at 6:26 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 19 at 4:36 AM
finance.yahoo.com logoIHS Markit Score upgrades Evertec Inc to 81 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 11 at 6:57 PM
americanbankingnews.com logoZacks Investment Research Lowers Evertec, Inc. (NYSE:EVTC) to Hold
www.americanbankingnews.com - August 10 at 10:04 PM
americanbankingnews.com logoEvertec, Inc. (NYSE:EVTC) Expected to Post Quarterly Sales of $102.48 Million
www.americanbankingnews.com - August 6 at 7:13 AM
americanbankingnews.com logoZacks: Analysts Anticipate Evertec, Inc. (EVTC) to Post $0.42 Earnings Per Share
www.americanbankingnews.com - August 4 at 2:18 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Upgraded at Zacks Investment Research
www.americanbankingnews.com - August 3 at 11:02 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 2 at 3:28 PM
finance.yahoo.com logoEdited Transcript of EVTC earnings conference call or presentation 1-Aug-17 8:30pm GMT
finance.yahoo.com - August 2 at 5:06 AM
businesswire.com logoEVERTEC Reports Second Quarter 2017 Results
www.businesswire.com - August 1 at 7:05 PM
americanbankingnews.com logoEvertec, Inc. (NYSE:EVTC) Issues FY17 Earnings Guidance
www.americanbankingnews.com - August 1 at 5:36 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Declares $0.10 Quarterly Dividend
www.americanbankingnews.com - July 27 at 11:17 AM
americanbankingnews.com logoEvertec, Inc. (EVTC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - July 25 at 10:09 AM
americanbankingnews.com logoEvertec, Inc. (EVTC) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - July 17 at 11:08 PM
americanbankingnews.com logoZacks: Brokerages Anticipate Evertec, Inc. (EVTC) Will Announce Quarterly Sales of $99.98 Million
www.americanbankingnews.com - July 15 at 9:22 AM
americanbankingnews.com logo Brokerages Expect Evertec, Inc. (NYSE:EVTC) Will Announce Earnings of $0.42 Per Share
www.americanbankingnews.com - July 13 at 10:02 AM
finance.yahoo.com logoEVERTEC to Announce Second Quarter 2017 Financial Results on August 1, 2017
finance.yahoo.com - July 12 at 7:12 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - July 4 at 10:26 PM
finance.yahoo.com logoEVERTEC Solidifies Its Position in Latin America, Completes PayGroup Acquisition
finance.yahoo.com - July 3 at 6:17 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Raised to "Sell" at BidaskClub
www.americanbankingnews.com - July 1 at 6:20 PM
americanbankingnews.com logoEvertec, Inc. (EVTC) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - June 28 at 8:48 AM
seekingalpha.com logoPuerto Rico Bankruptcy: Uncertainty, But Also Stock Profit Opportunity
seekingalpha.com - June 23 at 5:41 PM
americanbankingnews.com logoZacks: Analysts Anticipate Evertec, Inc. (EVTC) Will Post Quarterly Sales of $99.98 Million
www.americanbankingnews.com - June 21 at 11:42 AM
finance.yahoo.com logoEVERTEC Launches ATH® Móvil Business
finance.yahoo.com - June 20 at 5:46 PM
americanbankingnews.com logo Brokerages Anticipate Evertec, Inc. (EVTC) Will Post Earnings of $0.42 Per Share
www.americanbankingnews.com - June 19 at 8:18 AM
streetinsider.com logoEvertec (EVTC) Granted Approval for PayGroup Acquisition by U.S. Federal Bank Regulator
www.streetinsider.com - June 5 at 5:13 PM
finance.yahoo.com logoEVERTEC Receives Approval on PayGroup Acquisition
finance.yahoo.com - June 5 at 5:13 PM
finance.yahoo.com logoEVERTEC to Present at the William Blair 2017 Growth Stock Conference
finance.yahoo.com - June 5 at 11:20 AM
americanbankingnews.com logoEvertec Inc (EVTC) Downgraded by ValuEngine
www.americanbankingnews.com - June 4 at 6:14 PM
americanbankingnews.com logoEvertec Inc (EVTC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - June 2 at 6:42 PM
finance.yahoo.com logoIs EVERTEC (EVTC) a Great Stock for Value Investors?
finance.yahoo.com - May 29 at 10:39 AM
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



Evertec (EVTC) Chart for Tuesday, September, 19, 2017

This page was last updated on 9/19/2017 by MarketBeat.com Staff