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
Capitalization:
  • Market Cap: $1.05 billion
  • Outstanding Shares: 72,381,000
Average Prices:
  • 50 Day Moving Avg: $16.68
  • 200 Day Moving Avg: $16.96
  • 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: 2.8%
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: 596,415 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 declared a quarterly dividend on Wednesday, July 26th. Shareholders of record on Monday, August 7th will be paid a dividend of $0.10 per share on Friday, September 8th. This represents a $0.40 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Thursday, August 3rd. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec, Inc. (NYSE:EVTC) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.42 by $0.02. The business earned $103.51 million during the quarter, compared to analyst estimates of $100.21 million. Evertec had a return on equity of 107.21% and a net margin of 19.64%. The firm's quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 EPS. 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 issued an update on 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 brokerages have issued 12-month target prices for Evertec's stock. Their predictions range from $17.00 to $20.00. On average, they expect Evertec's share price to reach $18.50 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. " (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?

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 purchased 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 (star star)
Outperform Votes:  126 (Vote Outperform)
Underperform Votes:  156 (Vote Underperform)
Total Votes:  282
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, 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)
Price Target History for Evertec (NYSE:EVTC)
Analysts' Ratings History for Evertec (NYSE:EVTC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Morgan StanleyLower Price TargetEqual Weight$18.00 -> $17.00N/AView Rating Details
10/12/2017Cowen and CompanyReiterated RatingHold$20.00N/AView Rating Details
9/28/2017Stifel NicolausUpgradeHold -> Buy$18.00HighView Rating Details
1/12/2017Compass PointDowngradeBuy -> Neutral$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
2/18/2016Goldman Sachs Group, Inc. (The)Lower Price TargetNeutral$16.00 -> $14.00N/AView Rating Details
(Data available from 10/22/2015 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
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)

Estimates

Earnings Estimates for Evertec (NYSE:EVTC)
Current Year EPS Consensus Estimate: $1.59 EPS
Next Year EPS Consensus Estimate: $1.62 EPS

Dividends

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)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017Quarterly$0.102.29%8/3/20178/7/20179/8/2017
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: 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)

Headlines

Headline Trends for Evertec (NYSE:EVTC)
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Chart

Evertec (EVTC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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