Evertec Stock Price, News & Analysis (NYSE:EVTC)

$32.16
-0.40 (-1.23 %)
(As of 09/23/2019 06:00 AM ET)
Today's Range
$31.89
Now: $32.16
$32.76
50-Day Range
$32.14
MA: $34.70
$36.38
52-Week Range
$22.41
Now: $32.16
$37.38
Volume809,631 shs
Average Volume369,461 shs
Market Capitalization$2.31 billion
P/E Ratio18.29
Dividend Yield0.61%
Beta0.77
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$453.87 million
Cash Flow$2.6318 per share
Book Value$2.96 per share

Profitability

Net Income$86.27 million

Miscellaneous

Employees2,100
Market Cap$2.31 billion
Next Earnings Date10/29/2019 (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 Friday, July 26th. Shareholders of record on Monday, August 5th will be paid a dividend of $0.05 per share on Friday, September 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.62%. The ex-dividend date is Friday, August 2nd. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec Inc (NYSE:EVTC) issued its earnings results on Wednesday, July, 31st. The business services provider reported $0.51 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.44 by $0.07. The business services provider earned $122.55 million during the quarter, compared to analyst estimates of $117.13 million. Evertec had a return on equity of 60.49% and a net margin of 20.55%. The firm's revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.46 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, October 29th 2019. View Earnings Estimates for Evertec.

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

Evertec issued an update on its FY19 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $1.92-1.98 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.91. The company issued revenue guidance of $477-482 million, compared to the consensus revenue estimate of $474.03 million.

What price target have analysts set for EVTC?

3 brokerages have issued 12-month price targets for Evertec's stock. Their predictions range from $32.00 to $36.00. On average, they expect Evertec's stock price to reach $33.6667 in the next year. This suggests a possible upside of 4.7% from the stock's current price. View Analyst Price Targets for Evertec.

What is the consensus analysts' recommendation for Evertec?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evertec in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Evertec.

Has Evertec been receiving favorable news coverage?

Press coverage about EVTC stock has been trending somewhat negative this week, InfoTrie Sentiment reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Evertec earned a news impact score of -1.3 on InfoTrie's scale. They also assigned news stories about the business services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Evertec.

Are investors shorting Evertec?

Evertec saw a decline in short interest in the month of August. As of August 15th, there was short interest totalling 1,114,200 shares, a decline of 16.4% from the July 15th total of 1,332,500 shares. Based on an average trading volume of 373,900 shares, the short-interest ratio is currently 3.0 days. Currently, 1.9% of the shares of the company 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 Cisco Systems (CSCO), Intel (INTC), Caterpillar (CAT), Docusign (DOCU), NVIDIA (NVDA), Roku (ROKU), Xilinx (XLNX), salesforce.com (CRM), KeyCorp (KEY) and New Residential Investment (NRZ).

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 variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.41%), BlackRock Inc. (12.41%), Vanguard Group Inc. (8.88%), Renaissance Technologies LLC (3.06%), Man Group plc (2.41%) and Bank of Montreal Can (2.04%). 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 Vanguard Group Inc., Copper Rock Capital Partners LLC, Schroder Investment Management Group, Schroder Investment Management Group, Grantham Mayo Van Otterloo & Co. LLC, Panagora Asset Management Inc., Allianz Asset Management GmbH and Prudential Financial 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 purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Balyasny Asset Management LLC, Eagle Asset Management Inc., Beaconlight Capital LLC, Morgan Stanley, BlackRock Inc., BlackRock Inc. and AXA. 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 $32.16.

How big of a company is Evertec?

Evertec has a market capitalization of $2.31 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.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:  230 (Vote Outperform)
Underperform Votes:  247 (Vote Underperform)
Total Votes:  477
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 9/23/2019 by MarketBeat.com Staff

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