Evertec Company Profile (NYSE:EVTC)

Evertec trades on the New York Stock Exchange (NYSE) under the ticker symbol "EVTC."

Evertec announced a quarterly dividend on Wednesday, July 26th. Investors of record on Monday, August 7th will be given a dividend of $0.10 per share on Friday, September 8th. This represents a $0.40 annualized dividend and a yield of 2.23%. The ex-dividend date is Thursday, August 3rd. View Evertec's Dividend History.

Evertec, Inc. (NYSE:EVTC) announced its quarterly earnings results on Tuesday, August, 1st. The company reported $0.44 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.02. The firm had revenue of $103.51 million for the quarter, compared to the consensus estimate of $100.21 million. Evertec had a return on equity of 107.21% and a net margin of 19.64%. The firm's revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 EPS. View Evertec's Earnings History.

Evertec is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Evertec.

Evertec updated its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $1.63-1.71 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.64. The company issued revenue guidance of $411-417 million, compared to the consensus revenue estimate of $399.74 million.

3 analysts have issued 12 month target prices for Evertec's stock. Their predictions range from $17.00 to $19.00. On average, they anticipate Evertec's stock price to reach $18.33 in the next twelve months. View Analyst Ratings for Evertec.

Here are some recent quotes from research analysts about Evertec stock:

• 1. According to Zacks Investment Research, "Evertec, Inc. is engaged in transaction processing business primarily in Latin America and the Caribbean. The Company operates through divisions which consist of Merchant Acquiring Solutions, Payment Processing and Business Solutions. It offers ATH network, payment processing, card products processing, electronic benefit transfer services, information technology services, database management services, printing centre and document mailing, cash processing, business processes outsourcing services as well as payment solutions, point-of-sale systems and accessories to receive payments. Evertec, Inc. is based in San Juan, Puerto Rico. " (8/10/2017)
• 2. Stifel Nicolaus analysts commented, "In our view, EVTC's better than expected 4Q results were more than offset by disappointing initial 2017 guidance. Additionally, we are concerned by the shrinking bellwether acquiring business, international attrition and continued macro headwinds in PR. On the positive side, we are encouraged by the newly announced acquisition of Chilean payments company PayGroup, which is the company's first meaningfully step toward international expansion. That said, the growth outlook remains challenged and coupled with continued margin pressure, we struggle to find reasons for optimism. Therefore despite an attractive valuation at just 10.4x 2018 EPS, we continue to believe a wait and see approach is best." (2/23/2017)

Some companies that are related to Evertec include 2U (TWOU), Verint Systems (VRNT), Sophos Group PLC (SOPH), Inovalon Holdings (INOV), Verifone Systems (PAY), Baozun (BZUN), Acxiom Corporation (ACXM), TeleTech Holdings (TTEC), ManTech International Corporation (MANT), AVEVA Group plc (AVV), Syntel (SYNT), Imperva (IMPV), Insight Enterprises (NSIT), Globant S.A. (GLOB), Barracuda Networks (CUDA), CSG Systems International (CSGS), Presidio (PSDO) and ePlus inc. (PLUS).

Evertec's management team includes the folowing people:

• Frank G. D'Angelo, Independent Chairman of the Board
• Morgan M. Schuessler, President, Chief Executive Officer, Director
• Peter J. S. Smith, Chief Financial Officer, Executive Vice President, Treasurer
• Mariana Goldvarg, President - Latin America
• Philip E. Steurer, Executive Vice President, Chief Operating Officer
• Luis A. Rodriguez, Executive Vice President - Corporate Development and Strategy and General Counsel
• Guillermo Rospigliosi, Executive Vice President - Product, Marketing and Innovation
• Carlos J. Ramirez, Executive Vice President - Head of Business Solutions
• Miguel Vizcarrondo, Executive Vice President - Head of Merchant Acquiring Business and Payment Processing
• Nestor Obie Rivera, Director

Evertec's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (13.34%), Vanguard Group Inc. (6.83%), Rivulet Capital LLC (4.42%), Renaissance Technologies LLC (3.82%), Capital Research Global Investors (3.37%) and American Century Companies Inc. (2.66%). Company insiders that own Evertec stock include Carlos J Ramirez and Miguel Vizcarrondo. View Institutional Ownership Trends for Evertec.

Evertec's stock was sold by a variety of institutional investors in the last quarter, including Fine Capital Partners L.P., FMR LLC, American Century Companies Inc., Renaissance Technologies LLC, Vanguard Group Inc., Alliancebernstein L.P., Schwab Charles Investment Management Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for Evertec.

Evertec's stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial For Lutherans, Capital Research Global Investors, Denver Investment Advisors LLC, Mckinley Capital Management LLC Delaware, Rivulet Capital LLC, Boston Partners, LSV Asset Management and Thompson Siegel & Walmsley LLC. View Insider Buying and Selling for Evertec.

Shares of Evertec can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Evertec stock can currently be purchased for approximately $17.90.