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.
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Industry, Sector and Symbol
Industry Data processing & preparation
Sub-IndustryN/A
SectorBusiness Services
Phone787-759-9999
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$453.87 million
Profitability
Miscellaneous
Employees2,100
Next Earnings Date10/29/2019 (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, July 26th. Investors of record on Monday, August 5th will be given a dividend of $0.05 per share on Friday, September 6th. This represents a $0.20 annualized dividend and a yield of 0.61%. The ex-dividend date is Friday, August 2nd. View Evertec's Dividend History.
How were Evertec's earnings last quarter?
Evertec Inc (NYSE:EVTC) announced its quarterly earnings data on Wednesday, July, 31st. The business services provider reported $0.51 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.07. The business services provider earned $122.55 million during the quarter, compared to the consensus estimate of $117.13 million. Evertec had a net margin of 20.55% and a return on equity of 60.49%. Evertec's quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter last year, the company earned $0.46 EPS. View Evertec's Earnings History.
When is Evertec's next earnings date?
What guidance has Evertec issued on next quarter's earnings?
Evertec updated its FY19 earnings guidance on Wednesday, July, 31st. The company provided EPS guidance of $1.92-1.98 for the period, compared to the Thomson Reuters consensus 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 equities research analysts have issued 12-month target prices for Evertec's shares. 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 2.1% 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?
News headlines about EVTC stock have been trending somewhat positive recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by monitoring more than six thousand news and blog 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 0.9 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect 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 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 daily volume of 373,900 shares, the days-to-cover ratio is presently 3.0 days. Approximately 1.9% of the shares of the stock are sold short. View Evertec's Current Options Chain.
Who are some of Evertec's key competitors?
Some companies that are related to Evertec include StoneCo (STNE), DXC Technology (DXC), Zendesk (ZEN), Proofpoint (PFPT), Pegasystems (PEGA), Zynga (ZNGA), CarGurus (CARG), Bilibili (BILI), Corelogic (CLGX), YY (YY), Five9 (FIVN), Globant (GLOB), Inovalon (INOV), Yext (YEXT) and CSG Systems International (CSGS).
What other stocks do shareholders of Evertec own?
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 shareholders 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 institutional 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 institutional investors are buying Evertec stock?
EVTC stock was bought 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 $32.99.
How big of a company is Evertec?
Evertec has a market capitalization of $2.37 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?
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)
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.
