Evertec Company Profile (NYSE:EVTC)

About Evertec (NYSE:EVTC)

EVERTEC, 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

Capitalization:

Market Cap: $1.05 billion
Outstanding Shares: 72,381,000

Average Prices:

50 Day Moving Avg: $16.79
200 Day Moving Avg: $16.97
52 Week Range: $14.15 - $19.52

P/E:

Trailing P/E Ratio: 13.61
Foreward P/E Ratio: 8.98
P/E Growth: 2.16

Sales & Book Value:

Annual Revenue: $401.15 million
Price / Sales: 2.63
Book Value: $1.80 per share
Price / Book: 8.08

Dividend:

Annual Dividend: $0.40
Dividend Yield: 2.7%

Profitability:

EBITDA: $157.72 million
Net Margins: 19.64%
Return on Equity: 107.21%
Return on Assets: 14.29%

Debt:

Debt-to-Equity Ratio: 4.22%
Current Ratio: 1.22%
Quick Ratio: 1.22%

Misc:

Average Volume: 590,511 shs.
Beta: 1.2
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. Stockholders 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 annualized dividend and a dividend yield of 2.75%. 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) released its earnings results on Tuesday, August, 1st. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.42 by $0.02. The firm had revenue of $103.51 million for the quarter, compared to the consensus estimate of $100.21 million. Evertec had a net margin of 19.64% and a return on equity of 107.21%. The firm's revenue was up 6.0% on a year-over-year basis. During the same period last year, the company 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, November, 7th 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 guidance of $1.63-1.71 for the period, compared to the Thomson Reuters consensus earnings per share 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?

4 brokers have issued 12 month price targets for Evertec's stock. Their forecasts range from $17.00 to $20.00. On average, they anticipate Evertec's share price to reach $18.50 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. " (10/16/2017)
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?

Some companies that are related to Evertec include Acxiom Corporation (ACXM), Syntel (SYNT), TeleTech Holdings (TTEC), Baozun (BZUN), ManTech International Corporation (MANT), Insight Enterprises (NSIT), AVEVA Group plc (AVV), Imperva (IMPV), Globant S.A. (GLOB), Presidio (PSDO), CSG Systems International (CSGS), ePlus inc. (PLUS), Sykes Enterprises, Incorporated (SYKE), Web.com Group (WEB), Barracuda Networks (CUDA), Computacenter plc (CCC), Endurance International Group Holdings (EIGI) and Virtusa Corporation (VRTU).

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 number of of retail and institutional investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.05%). View Institutional Ownership Trends 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 Robeco Institutional Asset Management B.V.. 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 $14.55.

MarketBeat Community Rating for Evertec (NYSE EVTC)

Community Ranking:		2.2 out of 5 ( )
Outperform Votes:		125 (Vote Outperform)
Underperform Votes:		153 (Vote Underperform)
Total Votes:		278

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.

Consensus Ratings for Evertec (NYSE:EVTC) (How are Consensus Ratings Calculated?)

Ratings Breakdown:	3 Hold Ratings, 1 Buy Rating
Consensus Rating:	Hold (Score: 2.25)
Consensus Price Target:	$18.50 (27.15% upside)

Consensus Price Target History for Evertec (NYSE:EVTC)

Analysts' Ratings History for Evertec (NYSE:EVTC)

Show:

Date	Firm	Action	Rating	Price Target	Impact on Share Price
10/19/2017	Morgan Stanley	Lower Price Target	Equal Weight	$18.00 -> $17.00	N/A
10/12/2017	Cowen and Company	Reiterated Rating	Hold	$20.00	N/A
9/28/2017	Stifel Nicolaus	Upgrade	Hold -> Buy	$18.00	High
1/12/2017	Compass Point	Downgrade	Buy -> Neutral	$19.00	N/A
7/29/2016	Deutsche Bank AG	Boost Price Target	Hold	$15.00 -> $18.00	N/A
5/12/2016	Bank of America Corporation	Reiterated Rating	Sell		N/A
2/18/2016	Goldman Sachs Group, Inc. (The)	Lower Price Target	Neutral	$16.00 -> $14.00	N/A

(Data available from 10/20/2015 forward)

Earnings History for Evertec (NYSE:EVTC)

Earnings by Quarter for Evertec (NYSE:EVTC)

Earnings History by Quarter for Evertec (NYSE EVTC)

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
10/31/2017		$0.41					N/A
8/1/2017	6/30/2017	$0.42	$0.44	$100.21 million	$103.51 million	View	Listen
5/3/2017	Q1	$0.39	$0.45	$98.66 million	$101.28 million	View	Listen
2/22/2017	Q416	$0.41	$0.43	$97.49 million	$101.89 million	View	Listen
11/2/2016	Q316	$0.40	$0.41	$95.29 million	$94.47 million	View	N/A
7/28/2016	Q216	$0.41	$0.43	$93.40 million	$97.70 million	View	Listen
5/11/2016	Q1	$0.40	$0.41	$92.12 million	$95.48 million	View	Listen
2/17/2016	Q415	$0.44	$0.44	$94.85 million	$95.50 million	View	Listen
11/4/2015	Q315	$0.42	$0.42	$91.38 million	$92.80 million	View	N/A
8/5/2015	Q215	$0.43	$0.44	$93.83 million	$93.20 million	View	N/A
5/6/2015	Q115	$0.40	$0.39	$89.40 million	$91.30 million	View	N/A
2/18/2015	Q414	$0.45	$0.44	$95.93 million	$93.50 million	View	N/A
11/5/2014	Q314	$0.40	$0.40	$92.40 million	$88.64 million	View	N/A
8/6/2014	Q214	$0.40	$0.41	$94.40 million	$91.10 million	View	N/A
5/7/2014	Q1 14	$0.39	$0.40	$91.26 million	$87.20 million	View	N/A
2/12/2014	Q413		$0.43	$91.00 million	$93.30 million	View	N/A
11/6/2013	Q313		$0.36	$83.80 million	$87.40 million	View	N/A
8/7/2013	Q2 2013		$0.35	$84.40 million	$89.20 million	View	N/A

(Data available from 1/1/2011 forward)

Earnings Estimates for Evertec (NYSE:EVTC)

Current Year EPS Consensus Estimate: $1.59 EPS
Next Year EPS Consensus Estimate: $1.62 EPS

Current Dividend Information for Evertec (NYSE:EVTC)

Most Recent Dividend:	9/8/2017
Annual Dividend:	$0.40
Dividend Yield:	2.75%
Dividend Growth:	26.00% (3 Year Average)
Payout Ratio:	37.74% (Trailing 12 Months of Earnings) 25.16% (Based on This Year's Estimates) 24.69% (Based on Next Year's Estimates)

Dividend Payments by Quarter for Evertec (NYSE:EVTC)

Dividend History by Quarter for Evertec (NYSE EVTC)

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date
7/26/2017	Quarterly	$0.10	2.29%	8/3/2017	8/7/2017	9/8/2017
4/27/2017	quarterly	$0.10	2.52%	5/4/2017	5/8/2017	6/9/2017
2/17/2017	quarterly	$0.10	2.33%	2/27/2017	3/1/2017	3/20/2017
10/28/2016	quarterly	$0.10	2.62%	11/9/2016	11/14/2016	12/2/2016
7/29/2016	quarterly	$0.10	2.33%	8/5/2016	8/9/2016	9/2/2016
5/12/2016	quarterly	$0.10	2.98%	5/19/2016	5/23/2016	6/10/2016
2/18/2016	quarterly	$0.10	3.47%	2/25/2016	2/29/2016	3/17/2016
11/5/2015	quarterly	$0.10	2.33%	11/12/2015	11/16/2015	12/4/2015
8/6/2015	quarterly	$0.10	2.02%	8/13/2015	8/17/2015	9/3/2015
5/7/2015	quarterly	$0.10	1.8%	5/14/2015	5/18/2015	6/5/2015
2/19/2015	quarterly	$0.10	2%	2/26/2015	3/2/2015	3/19/2015
11/5/2014	quarterly	$0.10	1.81%	11/13/2014	11/17/2014	12/5/2014
8/6/2014	quarterly	$0.10	1.82%	8/14/2014	8/18/2014	9/5/2014
5/7/2014	quarterly	$0.10	1.73%	5/15/2014	5/19/2014	6/6/2014
2/12/2014	quarterly	$0.10	1.69%	2/21/2014	2/25/2014	3/14/2014
11/6/2013	quarterly	$0.10	1.81%	11/14/2013	11/18/2013	12/6/2013
8/8/2013	special	$0.10		8/15/2013	8/19/2013	9/6/2013
8/7/2013	quarterly	$0.10			8/19/2013	9/6/2013

(Data available from 1/1/2013 forward)

Insider Trading and Institutional Ownership History for Evertec (NYSE:EVTC)

Insider Ownership Percentage: 1.42%
Institutional Ownership Percentage: 77.96%

Institutional Ownership by Quarter for Evertec (NYSE:EVTC)

Insider Trades by Quarter for Evertec (NYSE:EVTC)

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction
11/23/2016	Miguel Vizcarrondo	Insider	Sell	30,000	$17.00	$510,000.00
9/21/2015	Carlos J Ramirez	EVP	Sell	37,500	$18.31	$686,625.00
6/22/2015	Carlos J Ramirez	EVP	Sell	50,000	$22.86	$1,143,000.00
5/7/2015	Miguel Vizcarrondo	EVP	Sell	50,000	$22.06	$1,103,000.00
4/21/2015	Carlos J Ramirez	EVP	Sell	50,000	$21.20	$1,060,000.00
3/6/2015	Carlos J Ramirez	EVP	Sell	3,367	$22.00	$74,074.00
12/18/2014	Peter Harrington	CEO	Sell	10,411	$22.18	$230,915.98
12/10/2014	Peter Harrington	CEO	Sell	10,550	$22.46	$236,953.00
12/8/2014	Peter Harrington	CEO	Sell	10,500	$22.46	$235,830.00
12/5/2014	Peter Harrington	CEO	Sell	136,010	$22.25	$3,026,222.50
11/28/2014	Peter Harrington	CEO	Sell	107,390	$22.31	$2,395,870.90
11/25/2014	Philip E Steurer	COO	Sell	68,238	$21.52	$1,468,481.76
11/13/2014	Carlos J Ramirez	EVP	Sell	3,300	$22.06	$72,798.00
9/25/2014	Philip E Steurer	COO	Sell	25,000	$22.13	$553,250.00
6/25/2014	Jimenez Juan Jose Roman	CFO	Sell	22,000	$24.80	$545,600.00
6/24/2014	Peter Harrington	CEO	Sell	50,000	$25.05	$1,252,500.00
5/28/2014	Jimenez Juan Jose Roman	CFO	Sell	1,700	$24.00	$40,800.00
5/12/2014	Carlos Ramirez	EVP	Sell	40,000	$22.94	$917,600.00
3/26/2014	Peter Harrington	CEO	Sell	50,000	$24.95	$1,247,500.00
12/13/2013	Popular Inc	Director	Sell	5,800,000	$20.33	$117,914,000.00
9/18/2013	Carlos Ramirez	EVP	Sell	30,000	$21.77	$653,100.00
9/18/2013	Popular Inc	Director	Sell	9,057,000	$21.77	$197,170,890.00
9/17/2013	Frank D'angelo	Director	Buy	10,000	$22.97	$229,700.00
4/17/2013	Philip E Steurer	COO	Buy	2,500	$20.00	$50,000.00

(Data available from 1/1/2013 forward)

Headline Trends for Evertec (NYSE:EVTC) Latest Headlines for Evertec (NYSE:EVTC)

Source:

Date	Headline
	Morgan Stanley Lowers Evertec, Inc. (EVTC) Price Target to $17.00 www.americanbankingnews.com - October 19 at 9:38 PM
	$96.66 Million in Sales Expected for Evertec, Inc. (EVTC) This Quarter www.americanbankingnews.com - October 19 at 3:22 AM
	Brokerages Expect Evertec, Inc. (EVTC) Will Post Earnings of $0.40 Per Share www.americanbankingnews.com - October 17 at 8:24 PM
	Zacks Investment Research Lowers Evertec, Inc. (EVTC) to Strong Sell www.americanbankingnews.com - October 16 at 11:50 PM
	EVERTEC to Announce Third Quarter 2017 Financial Results on November 7, 2017 finance.yahoo.com - October 16 at 6:56 PM
	Evertec's (EVTC) Hold Rating Reaffirmed at Cowen and Company www.americanbankingnews.com - October 14 at 11:58 PM
	ETFs with exposure to EVERTEC, Inc. : October 11, 2017 finance.yahoo.com - October 11 at 8:01 PM
	EVERTEC, Inc. :EVTC-US: Earnings Analysis: Q2, 2017 By the Numbers : October 10, 2017 finance.yahoo.com - October 10 at 4:13 PM
	Evertec, Inc. (EVTC) Lowered to Hold at Zacks Investment Research www.americanbankingnews.com - October 10 at 12:02 AM
	EVERTEC Group, LLC -- Moody's places Evertec's ratings on review for downgrade finance.yahoo.com - October 9 at 6:46 PM
	Evertec, Inc. (EVTC) Receives Consensus Recommendation of "Hold" from Analysts www.americanbankingnews.com - October 8 at 4:50 AM
	Top Ranked Value Stocks to Buy for October 5th www.zacks.com - October 5 at 9:25 AM
	Zacks.com featured highlights include article EVERTEC, Amphenol, Stanley Black & Decker and Conn's finance.yahoo.com - October 5 at 9:25 AM
	See what the IHS Markit Score report has to say about Evertec Inc. finance.yahoo.com - October 4 at 5:03 AM
	Can EVERTEC Inc’s (EVTC) ROE Continue To Surpass The Industry Average? finance.yahoo.com - October 4 at 5:03 AM
	Stifel Nicolaus Upgrades Evertec, Inc. (EVTC) to "Buy" www.americanbankingnews.com - September 28 at 8:56 PM
	EVERTEC Increases Hurricane Relief Donation to $1 Million finance.yahoo.com - September 28 at 1:15 PM
	EVERTEC, Inc. – Value Analysis (NYSE:EVTC) : September 21, 2017 finance.yahoo.com - September 21 at 6:38 PM
	EVERTEC, Inc. breached its 50 day moving average in a Bearish Manner : EVTC-US : September 20, 2017 finance.yahoo.com - September 20 at 7:22 PM
	Perficient (PRFT) versus Evertec (EVTC) Critical Review www.americanbankingnews.com - September 18 at 6:10 AM
	Evertec Announces Hurricane Irma Relief Efforts finance.yahoo.com - September 14 at 7:08 PM
	Evertec, Inc. (EVTC) Receives Consensus Recommendation of "Hold" from Brokerages www.americanbankingnews.com - September 13 at 5:06 AM
	$102.48 Million in Sales Expected for Evertec, Inc. (EVTC) This Quarter www.americanbankingnews.com - September 12 at 1:38 PM
	EVERTEC, 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
	Is Evertec, Inc. (EVTC) a Great Stock for Value Investors? finance.yahoo.com - August 22 at 7:01 PM
	Evertec, Inc. (EVTC) Expected to Announce Earnings of $0.41 Per Share www.americanbankingnews.com - August 22 at 6:26 PM
	Evertec, Inc. (EVTC) Given Consensus Recommendation of "Hold" by Brokerages www.americanbankingnews.com - August 19 at 4:36 AM
	IHS 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
	Evertec, Inc. (NYSE:EVTC) Expected to Post Quarterly Sales of $102.48 Million www.americanbankingnews.com - August 6 at 7:13 AM
	Evertec, Inc. (EVTC) Issues Quarterly Earnings Results www.americanbankingnews.com - August 2 at 3:28 PM
	Edited Transcript of EVTC earnings conference call or presentation 1-Aug-17 8:30pm GMT finance.yahoo.com - August 2 at 5:06 AM
	EVERTEC Reports Second Quarter 2017 Results www.businesswire.com - August 1 at 7:05 PM
	Evertec, Inc. (NYSE:EVTC) Issues FY17 Earnings Guidance www.americanbankingnews.com - August 1 at 5:36 PM
	Evertec, Inc. (EVTC) Declares $0.10 Quarterly Dividend www.americanbankingnews.com - July 27 at 11:17 AM
	Evertec, Inc. (EVTC) Receives Consensus Rating of "Hold" from Analysts www.americanbankingnews.com - July 25 at 10:09 AM
	Brokerages Expect Evertec, Inc. (NYSE:EVTC) Will Announce Earnings of $0.42 Per Share www.americanbankingnews.com - July 13 at 10:02 AM
	EVERTEC to Announce Second Quarter 2017 Financial Results on August 1, 2017 finance.yahoo.com - July 12 at 7:12 PM
	EVERTEC Solidifies Its Position in Latin America, Completes PayGroup Acquisition finance.yahoo.com - July 3 at 6:17 PM
	Puerto Rico Bankruptcy: Uncertainty, But Also Stock Profit Opportunity seekingalpha.com - June 23 at 5:41 PM
	Evertec (EVTC) Granted Approval for PayGroup Acquisition by U.S. Federal Bank Regulator www.streetinsider.com - June 5 at 5:13 PM
	Ex-Dividend Reminder: Evertec, Bloomin' Brands and Papa John's International www.nasdaq.com - May 3 at 9:12 AM
	Ex-Dividend Reminder: ING Groep, Norbord and Evertec www.nasdaq.com - February 23 at 5:05 PM
	4:13 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
	EVERTEC, 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
	EVERTEC Declares Quarterly Dividend on Common Stock www.businesswire.com - February 17 at 9:20 AM
	EVERTEC, INC. Files SEC form 8-K, Regulation FD Disclosure biz.yahoo.com - December 14 at 9:10 PM
	EVERTEC, 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
	EVERTEC, 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
	Q3 2016 Evertec Inc Earnings Release - After Market Close biz.yahoo.com - November 2 at 8:08 AM
	EVERTEC, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits biz.yahoo.com - October 28 at 8:04 AM