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

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$28.33 -2.32 (-7.57 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$30.65
Today's Range$26.0401 - $28.62
52-Week Range$15.85 - $31.10
Volume2.77 million shs
Average Volume620,414 shs
Market Capitalization$2.06 billion
P/E Ratio19.27
Dividend Yield0.65%
Beta0.65
EVERTEC, Inc. and its subsidiaries engage in transaction processing business serving financial institutions, merchants, corporations, and government agencies 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; payment and billing products for merchants, businesses, and financial institutions; 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, as well as various indirect sales channels, including value-added resellers. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. was founded in 1988 and is headquartered 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$407.14 million
Cash Flow$2.2755 per share
Book Value$2.04 per share

Profitability

Net Income$55.05 million

Miscellaneous

Employees2,100
Market Cap$2.06 billion
Next Earnings Date5/7/2019 (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, February 15th. Investors of record on Tuesday, February 26th will be given a dividend of $0.05 per share on Friday, March 22nd. This represents a $0.20 annualized dividend and a yield of 0.71%. The ex-dividend date of this dividend is Monday, February 25th. View Evertec's Dividend History.

How were Evertec's earnings last quarter?

Evertec Inc (NYSE:EVTC) announced its earnings results on Wednesday, February, 20th. The business services provider reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.03. The business services provider earned $118.20 million during the quarter, compared to analyst estimates of $114.72 million. Evertec had a return on equity of 62.09% and a net margin of 16.52%. The firm's revenue was up 18.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.24 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, May 7th 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, February, 20th. The company provided EPS guidance of $1.80-$1.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.96. The company issued revenue guidance of $464-$476 million, compared to the consensus revenue estimate of $473.44 million.Evertec also updated its FY 2019 guidance to $1.80-1.90 EPS.

What price target have analysts set for EVTC?

9 brokers have issued 12 month price targets for Evertec's stock. Their forecasts range from $18.00 to $33.00. On average, they expect Evertec's share price to reach $25.50 in the next year. This suggests that the stock has a possible downside of 10.0%. View Analyst Price Targets for Evertec.

What is the consensus analysts' recommendation for Evertec?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Evertec in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Evertec.

Has Evertec been receiving favorable news coverage?

Media stories about EVTC stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Evertec earned a coverage optimism score of 0.6 on InfoTrie's scale. They also assigned media headlines about the business services provider a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.

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 NVIDIA (NVDA), Visa (V), New Residential Investment (NRZ), Intel (INTC), Etsy (ETSY), QUALCOMM (QCOM), Alibaba Group (BABA), Micron Technology (MU), KeyCorp (KEY) and Boeing (BA).

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. Guillermo Rospigliosi, Exec. VP of Product, Marketing & Innovation (Age 45)
  • Mr. Miguel Vizcarrondo, Exec. VP of Payment Services, Puerto Rico & Caribbean, Bus. Solutions and Merchant Acquiring (Age 46)
  • Mr. Joaquín Castrillo, Exec. VP & CFO (Age 37)

Who are Evertec's major shareholders?

Evertec's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.23%), Bank of Montreal Can (2.11%), Robeco Institutional Asset Management B.V. (1.88%), Dimensional Fund Advisors LP (1.87%), Bank of New York Mellon Corp (1.16%) and Copper Rock Capital Partners LLC (1.15%). Company insiders that own Evertec stock include Carlos J Ramirez, Diana I Rivera-Ramirez, Guillermo Rospigliosi, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, 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 Millennium Management LLC, Pzena Investment Management LLC, Sapience Investments LLC, Castleark Management LLC, ETF Managers Group LLC, Copper Rock Capital Partners LLC, Robeco Institutional Asset Management B.V. and Bank of Montreal Can. Company insiders that have sold Evertec company stock in the last year include Carlos J Ramirez, Diana I Rivera-Ramirez, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, 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 WINTON GROUP Ltd, Boston Partners, Dimensional Fund Advisors LP, BlackRock Inc., PNC Financial Services Group Inc., Hsbc Holdings PLC, Nicholas Company Inc. and Two Sigma Investments LP. 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 $28.33.

How big of a company is Evertec?

Evertec has a market capitalization of $2.06 billion and generates $407.14 million in revenue each year. The business services provider earns $55.05 million in net income (profit) each year or $1.47 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:  198 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  418
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 2/21/2019 by MarketBeat.com Staff

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