NYSE:EVTC EVERTEC - EVTC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding EVERTEC, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $37.35 -0.81 (-2.12%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$36.97▼$38.0550-Day Range$30.67▼$38.1652-Week Range$30.17▼$44.24Volume595,631 shsAverage Volume294,545 shsMarket Capitalization$2.44 billionP/E Ratio10.32Dividend Yield0.54%Price Target$38.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media EVERTEC MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.1% Upside$38.50 Price TargetShort InterestHealthy0.97% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.17Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth6.39%From $2.19 to $2.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.88 out of 5 starsBusiness Services Sector228th out of 320 stocksData Processing & Preparation Industry50th out of 70 stocks 1.0 Analyst's Opinion Consensus RatingEVERTEC has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $38.50, EVERTEC has a forecasted upside of 3.1% from its current price of $37.35.Amount of Analyst CoverageEVERTEC has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.97% of the float of EVERTEC has been sold short.Short Interest Ratio / Days to CoverEVERTEC has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in EVERTEC has recently decreased by 3.29%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldEVERTEC has a dividend yield of 0.54%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthEVERTEC does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of EVERTEC is 5.52%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, EVERTEC will have a dividend payout ratio of 8.58% next year. This indicates that EVERTEC will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EVTC. Previous Next 2.9 News and Social Media Coverage News SentimentEVERTEC has a news sentiment score of 1.17. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for EVERTEC this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, EVERTEC insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.44% of the stock of EVERTEC is held by insiders.Percentage Held by Institutions97.74% of the stock of EVERTEC is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for EVERTEC are expected to grow by 6.39% in the coming year, from $2.19 to $2.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of EVERTEC is 10.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.06.Price to Earnings Ratio vs. SectorThe P/E ratio of EVERTEC is 10.32, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 229.76.Price to Book Value per Share RatioEVERTEC has a P/B Ratio of 5.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About EVERTEC (NYSE:EVTC) StockEVERTEC, Inc. engages in the provision of transaction services. It operates through the following segments: Payment Services-Puerto Rico and Caribbean, Payment Services-Latin America, Merchant Acquiring, Business Solutions, and Corporate and Other. The Payment Services segment is involved in the authorization, processing, management and recording of automated teller machines (ATM) and point of sales transactions, and ATM management and monitoring. The Merchant Acquiring segment offers services to merchants of all sizes, enabling them to accept all types of electronic payments. The Business Solutions segment consists of bank processing, network hosting and management, information technology professional services, business process outsourcing, item processing, cash processing, and fulfillment. The Corporate and Other represents corporate overhead, certain leveraged activities, other non-operating expenses, and intersegment eliminations. The company was founded in 1998 and is headquartered in San Juan, Puerto Rico.Read More Receive EVTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EVERTEC and its competitors with MarketBeat's FREE daily newsletter. Email Address EVTC Stock News HeadlinesJanuary 31, 2023 | finance.yahoo.comEVERTEC Included for the Fifth Year in a Row in the Bloomberg Gender-Equality Index 2023January 31, 2023 | americanbankingnews.comHead to Head Review: EVERTEC (NYSE:EVTC) vs. Creek Road Miners (OTCMKTS:CRKR)February 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.December 13, 2022 | finance.yahoo.comIs There Now An Opportunity In EVERTEC, Inc. (NYSE:EVTC)?December 2, 2022 | finance.yahoo.comEVERTEC Announces Refinancing of Credit FacilitiesNovember 26, 2022 | finance.yahoo.comWhy EVERTEC, Inc. (NYSE:EVTC) Looks Like A Quality CompanyNovember 9, 2022 | finance.yahoo.comEVERTEC Third Quarter 2022 Earnings: EPS Beats ExpectationsNovember 5, 2022 | seekingalpha.comEVERTEC, Inc. (EVTC) Q3 2022 Earnings Call TranscriptFebruary 5, 2023 | Investor Place Media (Ad)Cash Holders STILL Aren't Taking Steps to PrepareStocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.November 4, 2022 | finance.yahoo.comHere's Why We Think EVERTEC (NYSE:EVTC) Is Well Worth WatchingNovember 4, 2022 | markets.businessinsider.comWhere Evertec Stands With AnalystsNovember 2, 2022 | finance.yahoo.comEVERTEC Reports Third Quarter 2022 ResultsNovember 2, 2022 | finance.yahoo.comEvertec (EVTC) Misses Q3 Earnings EstimatesOctober 26, 2022 | msn.comFriday Is Your Last Chance To Buy Evertec Before The Dividend PayoutOctober 19, 2022 | tmcnet.comEVERTEC to Announce Third Quarter 2022 Financial ResultsOctober 19, 2022 | finance.yahoo.comEVERTEC to Announce Third Quarter 2022 Financial Results on November 2, 2022October 8, 2022 | nasdaq.comInvesting in EVERTEC (NYSE:EVTC) five years ago would have delivered you a 115% gainOctober 4, 2022 | reuters.comEVTC.K - Evertec Inc | Stock Price & Latest News | ReutersSeptember 23, 2022 | finance.yahoo.comEVERTEC Commits $250,000 in Support of Hurricane Fiona ReliefSeptember 19, 2022 | nasdaq.comEvertec is Now Oversold (EVTC)September 14, 2022 | reuters.comEVTC.N - Evertec Inc | Stock Price & Latest News | ReutersSeptember 2, 2022 | nasdaq.comEVERTEC, Inc. (NYSE:EVTC) Shares Could Be 50% Below Their Intrinsic Value EstimateSeptember 1, 2022 | finance.yahoo.comInvesting in EVERTEC (NYSE:EVTC) five years ago would have delivered you a 91% gainAugust 17, 2022 | uk.investing.comEvertec 10% Owner Sold $219.88M In Company StockAugust 17, 2022 | seekingalpha.comEvertec: High Growth With Continued Macroeconomic ResiliencyAugust 15, 2022 | finance.yahoo.comPopular Sells Shares of EVERTEC in Secondary Public Offering and in Private Sale to EVERTECAugust 12, 2022 | marketwatch.comShares of Evertec Inc Down on Above Average Volume, Moving Against Trend (EVTC)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EVTC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for EVERTEC and its competitors with MarketBeat's FREE daily newsletter. Email Address EVTC Company Calendar Last Earnings10/27/2021Ex-Dividend for 12/2 Dividend10/31/2022Dividend Payable12/02/2022Today2/05/2023Next Earnings (Estimated)2/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Data processing & preparation Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:EVTC CUSIPN/A CIK1559865 Webwww.evertecinc.com Phone(787) 759-9999Fax787-250-7356Employees2,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$38.50 High Stock Price Forecast$43.00 Low Stock Price Forecast$29.00 Forecasted Upside/Downside+3.1%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.62 Trailing P/E Ratio10.32 Forward P/E Ratio17.05 P/E GrowthN/ANet Income$161.13 million Net Margins41.09% Pretax Margin45.82% Return on Equity33.61% Return on Assets14.14% Debt Debt-to-Equity Ratio0.94 Current Ratio2.22 Quick Ratio2.22 Sales & Book Value Annual Sales$589.80 million Price / Sales4.13 Cash Flow$3.76 per share Price / Cash Flow9.93 Book Value$6.53 per share Price / Book5.72Miscellaneous Outstanding Shares65,200,000Free Float64,915,000Market Cap$2.44 billion OptionableOptionable Beta0.96 Key ExecutivesMorgan M. SchuesslerPresident, Chief Executive Officer & DirectorDiego VigliancoChief Operating Officer & Executive Vice PresidentJoaquín A. Castrillo SalgadoChief Financial Officer, Treasurer & Executive VPMaria GoisSenior Vice President-Information TechnologyPaola PérezChief Accounting Officer & Executive VPKey CompetitorsLiveRampNYSE:RAMPPagSeguro DigitalNYSE:PAGSSterling CheckNASDAQ:STERGlobal Blue GroupNYSE:GBRiot PlatformsNASDAQ:RIOTView All CompetitorsInsiders & InstitutionsCX InstitutionalBought 31,307 shares on 2/3/2023Ownership: 0.048%Simplicity Solutions LLCSold 1,794 shares on 2/2/2023Ownership: 0.025%SG Americas Securities LLCSold 10,176 shares on 2/2/2023Ownership: 0.016%ProShare Advisors LLCBought 1,069 shares on 2/2/2023Ownership: 0.015%Simplex Trading LLCBought 100 shares on 2/2/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions EVTC Stock - Frequently Asked Questions Should I buy or sell EVERTEC stock right now? 2 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 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 forecast for 2023? 2 brokers have issued twelve-month target prices for EVERTEC's shares. Their EVTC share price forecasts range from $29.00 to $43.00. On average, they predict the company's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 3.1% 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 2023? EVERTEC's stock was trading at $32.38 at the beginning of the year. Since then, EVTC stock has increased by 15.3% and is now trading at $37.35. View the best growth stocks for 2023 here. When is EVERTEC's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023. View our EVTC earnings forecast. How were EVERTEC's earnings last quarter? EVERTEC, Inc. (NYSE:EVTC) posted its earnings results on Wednesday, October, 27th. The business services provider reported $0.62 EPS for the quarter, meeting analysts' consensus estimates of $0.62. The business services provider had revenue of $145.90 million for the quarter, compared to the consensus estimate of $142.64 million. EVERTEC had a trailing twelve-month return on equity of 33.61% and a net margin of 41.09%. The firm's revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 EPS. How often does EVERTEC pay dividends? What is the dividend yield for EVERTEC? EVERTEC declared a quarterly dividend on Thursday, October 20th. Investors of record on Tuesday, November 1st will be given a dividend of $0.05 per share on Friday, December 2nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date of this dividend is Monday, October 31st. 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 0.54%. The dividend payout ratio is 5.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVTC will have a dividend payout ratio of 8.58% 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 issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of $2.36-$2.47 for the period, compared to the consensus EPS estimate of $2.57. The company issued revenue guidance of $607.00 million-$615.00 million, compared to the consensus revenue estimate of $609.54 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). What is EVERTEC's stock symbol? EVERTEC trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVTC." Who are EVERTEC's major shareholders? EVERTEC's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include River Road Asset Management LLC (3.12%), Natixis Advisors L.P. (0.60%), Seizert Capital Partners LLC (0.17%), Comerica Bank (0.11%), New York State Teachers Retirement System (0.09%) and Bridge City Capital LLC (0.08%). 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, Miguel Vizcarrondo, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is EVERTEC's stock price today? One share of EVTC stock can currently be purchased for approximately $37.35. How much money does EVERTEC make? EVERTEC (NYSE:EVTC) has a market capitalization of $2.44 billion and generates $589.80 million in revenue each year. The business services provider earns $161.13 million in net income (profit) each year or $3.62 on an earnings per share basis. How many employees does EVERTEC have? The company employs 2,500 workers across the globe. How can I contact EVERTEC? EVERTEC's mailing address is Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926. The official website for the company is www.evertecinc.com. The business services provider can be reached via phone at (787) 759-9999, via email at ir@evertecinc.com, or via fax at 787-250-7356. This page (NYSE:EVTC) was last updated on 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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