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BABA   86.14 (-1.62%)
AMD   77.30 (-0.43%)
T   19.17 (-0.57%)
MU   55.44 (-3.83%)
CGC   3.82 (+5.52%)
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GE   85.38 (-0.69%)
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AMC   8.73 (+20.75%)
PYPL   78.38 (-0.04%)
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NYSE:EVTC

EVERTEC - EVTC Stock Forecast, Price & News

$33.70
-0.07 (-0.21%)
(As of 12/1/2022 02:34 PM ET)
Add
Compare
Today's Range
$33.53
$34.29
50-Day Range
$31.00
$35.98
52-Week Range
$30.72
$51.06
Volume
5,027 shs
Average Volume
301,863 shs
Market Capitalization
$2.20 billion
P/E Ratio
9.31
Dividend Yield
0.61%
Price Target
$38.50

EVERTEC MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
14.2% Upside
$38.50 Price Target
Short Interest
Healthy
1.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.08mentions of EVERTEC in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.02%
From $2.19 to $2.30 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

Business Services Sector

152nd out of 331 stocks

Data Processing & Preparation Industry

26th out of 74 stocks

EVTC stock logo

About EVERTEC (NYSE:EVTC) Stock

EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; Business Solutions, and Corporate and Other segments. 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, 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. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

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EVTC Stock News Headlines

Why EVERTEC, Inc. (NYSE:EVTC) Looks Like A Quality Company
EVERTEC, Inc. (EVTC) Q3 2022 Earnings Call Transcript
Where Evertec Stands With Analysts
EVERTEC Reports Third Quarter 2022 Results
Evertec (EVTC) Misses Q3 Earnings Estimates
Evertec is Now Oversold (EVTC)
Evertec 10% Owner Sold $219.88M In Company Stock
EVERTEC Announces Secondary Offering of Common Stock
See More Headlines
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EVTC Company Calendar

Last Earnings
10/27/2021
Ex-Dividend for 9/2 Dividend
8/05/2022
Dividend Payable
9/02/2022
Ex-Dividend for 12/2 Dividend
10/31/2022
Today
12/01/2022
Dividend Payable
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/23/2023

Industry, Sector and Symbol

Industry
Data processing & preparation
Sub-Industry
N/A
Employees
2,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$38.50
High Stock Price Forecast
$43.00
Low Stock Price Forecast
$29.00
Forecasted Upside/Downside
+14.2%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$161.13 million
Pretax Margin
45.82%

Debt

Sales & Book Value

Annual Sales
$589.80 million
Cash Flow
$3.89 per share
Book Value
$6.98 per share

Miscellaneous

Free Float
64,915,000
Market Cap
$2.20 billion
Optionable
Optionable
Beta
0.99

Key Executives

  • Mr. Morgan M. Schuessler Jr. (Age 49)
    Pres, CEO & Director
  • Mr. Joaquin A. Castrillo-Salgado (Age 39)
    Exec. VP, Treasurer & CFO
    Comp: $858.81k
  • Mr. Diego Viglianco (Age 52)
    Chief Operating Officer
    Comp: $778.09k
  • Mr. Miguel Vizcarrondo Carrión (Age 49)
    Chief Product & Innovation Officer
  • Mr. Guillermo Rospigliosi (Age 48)
    Group Head of Latin America
    Comp: $781.23k
  • Mr. Luis A. Rodríguez-GonzálezMr. Luis A. Rodríguez-González (Age 44)
    Chief Legal & Admin. Officer and Sec.
  • Ms. Kay Sharpton
    VP of Investor Relations
  • Ms. Alexandra López-Soler (Age 50)
    Chief Marketing Officer & Communications Officer
  • Mr. Philip E. Steurer (Age 53)
    Chief Strategy Officer
  • Ms. Paola Pérez Surillo (Age 38)
    Group Head of Puerto Rico













EVTC Stock - Frequently Asked Questions

Should I buy or sell EVERTEC stock right now?

4 Wall Street research 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 research analysts is that investors should "hold" EVTC shares. 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 EVTC analyst ratings
or view top-rated stocks.

What is EVERTEC's stock price forecast for 2023?

4 Wall Street analysts have issued 12 month target prices for EVERTEC's shares. Their EVTC share price forecasts range from $29.00 to $43.00. On average, they anticipate the company's stock price to reach $38.50 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price.
View analysts price targets for EVTC
or view top-rated stocks among Wall Street analysts.

How have EVTC shares performed in 2022?

EVERTEC's stock was trading at $49.98 on January 1st, 2022. Since then, EVTC stock has decreased by 32.4% and is now trading at $33.77.
View the best growth stocks for 2022 here
.

Are investors shorting EVERTEC?

EVERTEC saw a decline in short interest during the month of November. As of November 15th, there was short interest totaling 910,500 shares, a decline of 17.2% from the October 31st total of 1,100,000 shares. Based on an average daily volume of 371,100 shares, the short-interest ratio is presently 2.5 days. Approximately 1.4% of the company's shares are sold short.
View EVERTEC's Short Interest
.

When is EVERTEC's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our EVTC earnings forecast
.

How were EVERTEC's earnings last quarter?

EVERTEC, Inc. (NYSE:EVTC) announced its quarterly earnings results on Wednesday, October, 27th. The business services provider reported $0.62 EPS for the quarter, meeting the consensus estimate of $0.62. The business services provider had revenue of $145.90 million for the quarter, compared to analysts' expectations of $142.64 million. EVERTEC had a net margin of 41.09% and a trailing twelve-month return on equity of 33.61%. The business's quarterly revenue was up 6.9% on a year-over-year basis. During the same period last year, the firm posted $0.61 earnings per share.

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

EVERTEC declared a quarterly dividend on Thursday, October 20th. Shareholders of record on Tuesday, November 1st will be given a dividend of $0.05 per share on Friday, December 2nd. This represents a $0.20 annualized dividend and a yield of 0.59%. The ex-dividend date is Monday, October 31st.
Read our dividend analysis for EVTC
.

Is EVERTEC a good dividend stock?

EVERTEC (NYSE:EVTC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.61%. The dividend payout ratio is 5.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVTC will have a dividend payout ratio of 8.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EVTC.

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

EVERTEC issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided EPS guidance of $2.36-$2.47 for the period, compared to the consensus EPS estimate of $2.57. The company issued revenue guidance of $607.00 million-$615.00 million, compared to the consensus revenue estimate of $609.54 million.

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

2 employees have rated EVERTEC Chief Executive Officer Mac Schuessler on Glassdoor.com. Mac Schuessler has an approval rating of 65% among the company's employees.

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 retail and institutional investors. Top institutional investors include BlackRock Inc. (15.44%), Vanguard Group Inc. (11.55%), Kayne Anderson Rudnick Investment Management LLC (7.34%), State Street Corp (3.34%), Boston Partners (3.30%) and River Road Asset Management LLC (2.68%). Insiders that own company stock include Castillo Rodrigo Del, Diego Viglianco, Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo, Philip E Steurer and Popular, Inc.
View institutional ownership trends
.

How do I buy shares of EVERTEC?

Shares of EVTC stock 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 $33.77.

How much money does EVERTEC make?

EVERTEC (NYSE:EVTC) has a market capitalization of $2.20 billion and generates $589.80 million in revenue each year. The business services provider earns $161.13 million in net income (profit) each year or $3.62 on an earnings per share basis.

How many employees does EVERTEC have?

The company employs 2,500 workers across the globe.

How can I contact EVERTEC?

EVERTEC's mailing address is Cupey Center Building Road 176 Kilometer 1.3, San Juan PR, 00926. The official website for the company is www.evertecinc.com. The business services provider can be reached via phone at (787) 759-9999, via email at ir@evertecinc.com, or via fax at 787-250-7356.

This page (NYSE:EVTC) was last updated on 12/1/2022 by MarketBeat.com Staff