NYSE:EVTC

EVERTEC Stock Forecast, Price & News

$39.68
-0.87 (-2.15 %)
(As of 04/20/2021 12:00 AM ET)
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Today's Range
$39.64
Now: $39.68
$40.76
50-Day Range
$36.03
MA: $38.16
$40.94
52-Week Range
$22.02
Now: $39.68
$42.35
Volume464,129 shs
Average Volume407,583 shs
Market Capitalization$2.86 billion
P/E Ratio30.06
Dividend Yield0.49%
Beta1.14
EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through 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. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT professional services, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Further, the company owns and operates the ATH network, an automated teller machine and personal identification number debit networks. It manages a system of electronic payment networks that process approximately three billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.
EVERTEC logo

Industry, Sector and Symbol

Industry Data processing & preparation
Sub-IndustryN/A
CUSIPN/A
Phone787-759-9999
Employees2,500
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$487.37 million
Cash Flow$2.93 per share
Book Value$3.78 per share

Profitability

Net Income$103.47 million

Miscellaneous

Market Cap$2.86 billion
Next Earnings Date4/29/2021 (Confirmed)
OptionableOptionable

Headlines

EVERTEC (NYSE:EVTC) Shares Gap Up to $39.92
April 17, 2021 |  americanbankingnews.com
$0.53 EPS Expected for EVERTEC, Inc. (NYSE:EVTC) This Quarter
April 7, 2021 |  americanbankingnews.com
Returns On Capital At EVERTEC (NYSE:EVTC) Have Stalled
April 2, 2021 |  finance.yahoo.com
New Strong Sell Stocks for March 5th - Yahoo Finance
March 5, 2021 |  finance.yahoo.com
Vuzix and SOS among tech gainers; - Seeking Alpha
March 1, 2021 |  seekingalpha.com
See More Headlines

MarketRank

Overall MarketRank

1.70 out of 5 stars

Business Services Sector

65th out of 441 stocks

Data Processing & Preparation Industry

15th out of 100 stocks

Analyst Opinion: 1.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$39.68
-0.87 (-2.15 %)
(As of 04/20/2021 12:00 AM ET)
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EVERTEC (NYSE:EVTC) Frequently Asked Questions

Is EVERTEC a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EVERTEC in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" EVERTEC stock. 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 analyst ratings for EVERTEC
or view top-rated stocks.

What stocks does MarketBeat like better than EVERTEC?

Wall Street analysts have given EVERTEC a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but EVERTEC wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is EVERTEC's next earnings date?

EVERTEC is scheduled to release its next quarterly earnings announcement on Thursday, April 29th 2021.
View our earnings forecast for EVERTEC
.

How can I listen to EVERTEC's earnings call?

EVERTEC will be holding an earnings conference call on Thursday, April 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were EVERTEC's earnings last quarter?

EVERTEC, Inc. (NYSE:EVTC) announced its quarterly earnings results on Sunday, February, 28th. The business services provider reported $0.59 EPS for the quarter, topping the consensus estimate of $0.54 by $0.05. The business services provider had revenue of $134.20 million for the quarter, compared to the consensus estimate of $133.45 million. EVERTEC had a net margin of 19.30% and a trailing twelve-month return on equity of 47.02%. The company's revenue for the quarter was up 5.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.48 EPS.
View EVERTEC's earnings history
.

How has EVERTEC's stock been impacted by Coronavirus?

EVERTEC's stock was trading at $26.45 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EVTC stock has increased by 50.0% and is now trading at $39.68.
View which stocks have been most impacted by COVID-19
.

How often does EVERTEC pay dividends? What is the dividend yield for EVERTEC?

EVERTEC declared a quarterly dividend on Thursday, February 18th. Shareholders of record on Monday, March 1st will be given a dividend of $0.05 per share on Friday, March 26th. This represents a $0.20 annualized dividend and a yield of 0.50%. The ex-dividend date is Friday, February 26th.
View EVERTEC's dividend history
.

Is EVERTEC a good dividend stock?

EVERTEC pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.49%. EVERTEC does not yet have a strock track record of dividend growth. The dividend payout ratio of EVERTEC is 11.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVERTEC will have a dividend payout ratio of 9.39% next year. This indicates that EVERTEC will be able to sustain or increase its dividend.
View EVERTEC's dividend history.

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

EVERTEC updated its FY 2021 Pre-Market earnings guidance on Monday, March, 1st. The company provided EPS guidance of 2.15-2.23 for the period, compared to the Thomson Reuters consensus estimate of $2.28. The company issued revenue guidance of $533-544 million, compared to the consensus revenue estimate of $536.17 million.

What price target have analysts set for EVTC?

4 brokers have issued 1 year price targets for EVERTEC's stock. Their forecasts range from $34.00 to $43.00. On average, they expect EVERTEC's stock price to reach $37.40 in the next twelve months. This suggests that the stock has a possible downside of 5.7%.
View analysts' price targets for EVERTEC
or view top-rated stocks among Wall Street analysts.

Who are EVERTEC's key executives?

EVERTEC's management team includes the following people:
  • Mr. Morgan M. Schuessler Jr., Pres, CEO & Director (Age 48)
  • Mr. Joaquin A. Castrillo-Salgado, Exec. VP, Treasurer & CFO (Age 38, Pay $625.08k)
  • Mr. Philip E. Steurer, Exec. VP & COO (Age 52)
  • Mr. Miguel Vizcarrondo Carrión, Exec. VP and Chief Commercial Officer for Puerto Rico and Caribbean (Age 48)
  • Mr. Guillermo Rospigliosi, Exec. VP and Chief Product & Innovation Officer (Age 47, Pay $623.97k)
  • Ms. Paola Pérez Surillo, Exec. VP & Chief Admin. Officer (Age 37)
  • Ms. Kay Sharpton, VP of Investor Relations
  • Mr. Luis A. Rodríguez-González, Gen. Counsel, Exec. VP of Legal, Compliance & Corp. Devel. and Sec. (Age 43)
  • Ms. Alexandra López-Soler, Sr. VP of Marketing & Communication
  • Mr. Carlos J. Ramírez, Exec. VP of Puerto Rico Sales (Age 57)

What is Mac Schuessler's approval rating as EVERTEC's CEO?

2 employees have rated EVERTEC CEO Mac Schuessler on Glassdoor.com. Mac Schuessler has an approval rating of 65% among EVERTEC's employees.

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 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 institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.06%), Louisiana State Employees Retirement System (0.04%), Oregon Public Employees Retirement Fund (0.03%), Everence Capital Management Inc. (0.01%) and GPS Wealth Strategies Group LLC (0.00%). Company insiders that own EVERTEC stock include Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo and Philip E Steurer.
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 State of Alaska Department of Revenue, and Louisiana State Employees Retirement System. Company insiders that have sold EVERTEC company stock in the last year include Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo, and Philip E Steurer.
View insider buying and selling activity for EVERTEC
or view top insider-selling stocks.

Which major investors are buying EVERTEC stock?

EVTC stock was purchased by a variety of institutional investors in the last quarter, including Everence Capital Management Inc., GPS Wealth Strategies Group LLC, and Oregon Public Employees Retirement Fund.
View insider buying and selling activity for EVERTEC
or or view top insider-buying stocks.

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 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 $39.68.

How much money does EVERTEC make?

EVERTEC has a market capitalization of $2.86 billion and generates $487.37 million in revenue each year. The business services provider earns $103.47 million in net income (profit) each year or $1.81 on an earnings per share basis.

How many employees does EVERTEC have?

EVERTEC employs 2,500 workers across the globe.

What is EVERTEC's official website?

The official website for EVERTEC is www.evertecinc.com.

Where are EVERTEC's headquarters?

EVERTEC is headquartered at Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926.

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]


This page was last updated on 4/20/2021 by MarketBeat.com Staff
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