NYSE:EVTC - Evertec Stock Price, News, & Analysis

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$28.11 -0.02 (-0.07 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$28.11
Today's Range$27.82 - $28.26
52-Week Range$21.20 - $31.63
Volume251,737 shs
Average Volume430,289 shs
Market Capitalization$2.03 billion
P/E Ratio16.54
Dividend Yield0.71%
Beta0.71
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. 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 consulting services, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. The company manages a system of electronic payment networks that process approximately two billion transactions. It sells and distributes its services primarily through a proprietary direct sales force. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is based in San Juan, Puerto Rico.

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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$453.87 million
Cash Flow$2.6645 per share
Book Value$3.00 per share

Profitability

Net Income$86.27 million

Miscellaneous

Employees2,100
Market Cap$2.03 billion
Next Earnings Date7/30/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Friday, April 26th. Investors of record on Monday, May 6th will be paid a dividend of $0.05 per share on Friday, June 7th. This represents a $0.20 annualized dividend and a dividend yield of 0.71%. The ex-dividend date of this dividend is Friday, May 3rd. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec Inc (NYSE:EVTC) released its quarterly earnings results on Wednesday, May, 1st. The business services provider reported $0.46 EPS for the quarter, beating the Zacks' consensus estimate of $0.43 by $0.03. The business services provider had revenue of $118.84 million for the quarter, compared to analyst estimates of $116.82 million. Evertec had a return on equity of 61.11% and a net margin of 19.44%. The firm's revenue for the quarter was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.47 earnings per share. View Evertec's Earnings History.

When is Evertec's next earnings date?

Evertec is scheduled to release their next quarterly earnings announcement on Tuesday, July 30th 2019. View Earnings Estimates for Evertec.

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

Evertec updated its FY19 earnings guidance on Wednesday, May, 1st. The company provided earnings per share guidance of $1.84-1.92 for the period, compared to the Thomson Reuters consensus estimate of $1.87. The company issued revenue guidance of $469-476 million, compared to the consensus revenue estimate of $472.01 million.Evertec also updated its FY 2019 guidance to $1.84-1.92 EPS.

What price target have analysts set for EVTC?

4 analysts have issued twelve-month price objectives for Evertec's shares. Their predictions range from $25.00 to $33.00. On average, they expect Evertec's share price to reach $28.75 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Evertec.

What is the consensus analysts' recommendation for Evertec?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evertec in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Evertec.

Has Evertec been receiving favorable news coverage?

Media headlines about EVTC stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Evertec earned a coverage optimism score of 1.9 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

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 Cisco Systems (CSCO), salesforce.com (CRM), Intel (INTC), Roku (ROKU), Boeing (BA), Caterpillar (CAT), KeyCorp (KEY), New Residential Investment (NRZ), 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 many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.14%), Renaissance Technologies LLC (3.13%), Rivulet Capital LLC (2.98%), Man Group plc (2.31%), Dimensional Fund Advisors LP (1.99%) and Bank of Montreal Can (1.99%). 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 FMR LLC, Robeco Institutional Asset Management B.V., Morgan Stanley, Wellington Management Group LLP, Wells Fargo & Company MN, BlackRock Inc., Bank of Montreal Can and Goldman Sachs Group Inc.. Company insiders that have sold Evertec company stock in the last year include Carlos J Ramirez, Diana I Rivera-Ramirez, Frank G D'angelo, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Philip E Steurer and Tere Loubriel. View Insider Buying and Selling for Evertec.

Which major investors are buying Evertec stock?

EVTC stock was bought by a variety of institutional investors in the last quarter, including Rivulet Capital LLC, Renaissance Technologies LLC, Man Group plc, Loomis Sayles & Co. L P, Marshall Wace North America L.P., Dimensional Fund Advisors LP, Alambic Investment Management L.P. and Geode Capital Management LLC. 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, Scottrade, Fidelity and Charles Schwab.

What is Evertec's stock price today?

One share of EVTC stock can currently be purchased for approximately $28.11.

How big of a company is Evertec?

Evertec has a market capitalization of $2.03 billion and generates $453.87 million in revenue each year. The business services provider earns $86.27 million in net income (profit) each year or $1.70 on an earnings per share basis. Evertec employs 2,100 workers across the globe.

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:  207 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  438
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 5/19/2019 by MarketBeat.com Staff

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