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NYSE:EVTC - Evertec Stock Price, Forecast & News

$29.68
-1.00 (-3.26 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$28.60
Now: $29.68
$30.60
50-Day Range
$29.68
MA: $34.06
$35.30
52-Week Range
$26.56
Now: $29.68
$37.38
Volume825,517 shs
Average Volume336,855 shs
Market Capitalization$2.13 billion
P/E Ratio21.05
Dividend Yield0.65%
Beta0.73
EVERTEC, Inc engage in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates in four segments: Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; 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. Read More…

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone787-759-9999

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$487.37 million
Cash Flow$2.82 per share
Book Value$3.78 per share

Profitability

Net Income$86.27 million

Miscellaneous

Employees2,100
Market Cap$2.13 billion
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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Evertec (NYSE:EVTC) Frequently Asked Questions

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 Thursday, February 20th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.05 per share on Friday, April 3rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.67%. The ex-dividend date of this dividend is Tuesday, March 3rd. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec Inc (NYSE:EVTC) issued its quarterly earnings results on Tuesday, February, 25th. The business services provider reported $0.48 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.45 by $0.03. The business services provider earned $127.19 million during the quarter, compared to the consensus estimate of $121.69 million. Evertec had a net margin of 21.23% and a return on equity of 57.37%. The business's revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 EPS. View Evertec's Earnings History.

When is Evertec's next earnings date?

Evertec is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Evertec.

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

Evertec issued an update on its FY20 earnings guidance on Tuesday, February, 25th. The company provided earnings per share (EPS) guidance of $2.00-2.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.17. The company issued revenue guidance of $501-508 million, compared to the consensus revenue estimate of $505.81 million.

What price target have analysts set for EVTC?

1 equities research analysts have issued 12 month target prices for Evertec's shares. Their forecasts range from $36.00 to $36.00. On average, they anticipate Evertec's share price to reach $36.00 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets for Evertec.

What is the consensus analysts' recommendation for Evertec?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evertec in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Evertec.

Has Evertec been receiving favorable news coverage?

News headlines about EVTC stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Evertec earned a news impact score of -4.0 on InfoTrie's scale. They also assigned headlines about the business services provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Evertec.

Are investors shorting Evertec?

Evertec saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 1,780,000 shares, a decrease of 9.2% from the January 15th total of 1,960,000 shares. Based on an average daily volume of 393,800 shares, the short-interest ratio is presently 4.5 days. Approximately 3.0% of the company's stock are sold short. View Evertec's Current Options Chain.

Who are some of Evertec's key competitors?

What other stocks do shareholders of Evertec own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Evertec investors own include KeyCorp (KEY), Snap (SNAP), Huntington Bancshares (HBAN), Roku (ROKU), AbbVie (ABBV), IBM (IBM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Docusign (DOCU) and Etsy (ETSY).

Who are Evertec's key executives?

Evertec's management team includes the folowing people:
  • Mr. Morgan M. Schuessler Jr., Pres, CEO & Director (Age 46)
  • Mr. Philip E. Steurer, Exec. VP & COO (Age 50)
  • Mr. Luis A. Rodríguez-González, Exec. VP, Sec. and Gen. Counsel – Legal, Compliance & Corp. Devel. (Age 41)
  • Mr. Miguel Vizcarrondo Carrión, Exec. VP of Payment Services, Puerto Rico & Caribbean, Bus. Solutions and Merchant Acquiring (Age 46)
  • Mr. Joaquin A. Castrillo-Salgado, Exec. VP & CFO (Age 36)

Who are Evertec's major shareholders?

Evertec's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.26%), State Street Corp (2.56%), Boston Partners (2.22%), Bank of New York Mellon Corp (1.66%), Man Group plc (1.65%) and Geode Capital Management LLC (1.36%). Company insiders that own Evertec stock include Carlos J Ramirez, Diana I Rivera-Ramirez, Frank G D'angelo, Guillermo Rospigliosi, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Philip E Steurer and Tere Loubriel. View Institutional Ownership Trends for Evertec.

Which major investors are selling Evertec stock?

EVTC stock was sold by a variety of institutional investors in the last quarter, including Bank of Montreal Can, AQR Capital Management LLC, Bank of New York Mellon Corp, Renaissance Technologies LLC, PNC Financial Services Group Inc., Chicago Equity Partners LLC, Navellier & Associates Inc and Goldman Sachs Group Inc.. Company insiders that have sold Evertec company stock in the last year include Diana I Rivera-Ramirez, Luis A Rodriguez-Gonzalez, Morgan M Schuessler and Philip E Steurer. View Insider Buying and Selling for Evertec.

Which major investors are buying Evertec stock?

EVTC stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Man Group plc, Prudential Financial Inc., Bank of America Corp DE, FMR LLC, Marshall Wace North America L.P., Citigroup Inc. and TD Asset Management Inc.. View Insider Buying and Selling for Evertec.

How do I buy shares of Evertec?

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

What is Evertec's stock price today?

One share of EVTC stock can currently be purchased for approximately $29.68.

How big of a company is Evertec?

Evertec has a market capitalization of $2.13 billion and generates $487.37 million in revenue each year. The business services provider earns $86.27 million in net income (profit) each year or $1.81 on an earnings per share basis. Evertec employs 2,100 workers across the globe.View Additional Information About Evertec.

What is Evertec's official website?

The official website for Evertec is http://www.evertecinc.com/.

How can I contact Evertec?

Evertec's mailing address is Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926. The business services provider can be reached via phone at 787-759-9999 or via email at [email protected]


MarketBeat Community Rating for Evertec (NYSE EVTC)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  250 (Vote Outperform)
Underperform Votes:  275 (Vote Underperform)
Total Votes:  525
MarketBeat's community ratings are surveys of what our community members think about Evertec and other stocks. Vote "Outperform" if you believe EVTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EVTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/29/2020 by MarketBeat.com Staff

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