NYSE:EVTC

EVERTEC Stock Forecast, Price & News

$45.47
-0.03 (-0.07 %)
(As of 09/21/2021 04:00 PM ET)
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Today's Range
$44.94
$45.86
50-Day Range
$41.57
$46.69
52-Week Range
$32.79
$46.92
Volume252,105 shs
Average Volume339,386 shs
Market Capitalization$3.27 billion
P/E Ratio21.86
Dividend Yield0.44%
Beta0.99
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EVERTEC logo

About EVERTEC

EVERTEC, Inc. engages in the provision of transaction services. It operates through the following segments: Payment Services-Puerto Rico and Caribbean, Payment Services-Latin America, Merchant Acquiring, and Business Solutions. The Payment Services segment involves in the authorization, processing, management and recording of automated teller machines (ATM) and point of sales transactions, and ATM management and monitoring. The Merchant Acquiring segment offers services to merchants of all sizes, enabling them to accept all types of electronic payments. The Business Solutions segment comprises bank processing, network hosting and management, information technology professional services, business process outsourcing, item processing, cash processing, and fulfillment. EVERTEC was founded in 1998 and is headquartered in San Juan, Puerto Rico.

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Industry, Sector and Symbol

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MarketRank

Overall MarketRank

2.18 out of 5 stars

Business Services Sector

113th out of 392 stocks

Data Processing & Preparation Industry

25th out of 93 stocks

Analyst Opinion: 1.2Community Rank: 4.3Dividend Strength: 1.7Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -
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EVERTEC (NYSE:EVTC) Frequently Asked Questions

Is EVERTEC a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for EVERTEC in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" EVERTEC stock. 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 analyst ratings for EVERTEC
or view top-rated stocks.

What stocks does MarketBeat like better than EVERTEC?

Wall Street analysts have given EVERTEC a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but EVERTEC wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting EVERTEC?

EVERTEC saw a increase in short interest in the month of August. As of August 13th, there was short interest totaling 1,370,000 shares, an increase of 31.7% from the July 29th total of 1,040,000 shares. Based on an average daily volume of 255,500 shares, the short-interest ratio is currently 5.4 days. Approximately 2.3% of the company's stock are short sold.
View EVERTEC's Short Interest
.

When is EVERTEC's next earnings date?

EVERTEC is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for EVERTEC
.

How were EVERTEC's earnings last quarter?

EVERTEC, Inc. (NYSE:EVTC) announced its quarterly earnings results on Tuesday, August, 3rd. The business services provider reported $0.78 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.27. The business services provider had revenue of $149.15 million for the quarter, compared to the consensus estimate of $139.58 million. EVERTEC had a net margin of 27.07% and a trailing twelve-month return on equity of 51.31%.
View EVERTEC's earnings history
.

How has EVERTEC's stock been impacted by Coronavirus (COVID-19)?

EVERTEC's stock was trading at $26.45 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EVTC shares have increased by 71.9% and is now trading at $45.47.
View which stocks have been most impacted by COVID-19
.

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

EVERTEC declared a quarterly dividend on Friday, July 23rd. Investors of record on Monday, August 2nd will be given a dividend of $0.05 per share on Friday, September 3rd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.44%. The ex-dividend date of this dividend is Friday, July 30th.
View EVERTEC's dividend history
.

Is EVERTEC a good dividend stock?

EVERTEC pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.44%. EVERTEC does not yet have a strong track record of dividend growth. The dividend payout ratio of EVERTEC is 10.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EVERTEC will have a dividend payout ratio of 7.72% next year. This indicates that EVERTEC will be able to sustain or increase its dividend.
View EVERTEC's dividend history.

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

EVERTEC updated its FY 2021 earnings guidance on Tuesday, August, 17th. The company provided earnings per share guidance of $2.560-$2.660 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.310. The company issued revenue guidance of $570 million-$579 million, compared to the consensus revenue estimate of $551.56 million.

What price target have analysts set for EVTC?

5 brokers have issued 1-year target prices for EVERTEC's stock. Their forecasts range from $36.00 to $51.00. On average, they anticipate EVERTEC's stock price to reach $45.00 in the next year. This suggests that the stock has a possible downside of 1.0%.
View analysts' price targets for EVERTEC
or view top-rated stocks among Wall Street analysts.

Who are EVERTEC's key executives?

EVERTEC's management team includes the following people:
  • Morgan M. Schuessler, President, Chief Executive Officer & Director
  • Diego Viglianco, Chief Operating Officer & Executive Vice President
  • Joaquín A. Castrillo Salgado, Chief Financial Officer & Executive Vice President
  • Maria Gois, Senior Vice President-Information Technology
  • Paola Pérez, Chief Accounting Officer & Executive VP

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

2 employees have rated EVERTEC CEO Mac Schuessler on Glassdoor.com. Mac Schuessler has an approval rating of 65% among EVERTEC's employees.

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 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.76%), Vanguard Group Inc. (10.39%), Boston Partners (6.26%), Kayne Anderson Rudnick Investment Management LLC (5.61%), American Century Companies Inc. (3.91%) and Capital International Investors (3.51%). Company insiders that own EVERTEC stock include Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo and Philip E Steurer.
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 Goldman Sachs Group Inc., Rivulet Capital LLC, Federated Hermes Inc., BlackRock Inc., The Manufacturers Life Insurance Company , Renaissance Technologies LLC, Eagle Asset Management Inc., and Invesco Ltd.. Company insiders that have sold EVERTEC company stock in the last year include Frank G D'angelo, Guillermo Rospigliosi, Joaquin A Castrillo-Salgado, Luis A Rodriguez-Gonzalez, Miguel Vizcarrondo, Morgan M Schuessler, Paola Perez-Surillo, and Philip E Steurer.
View insider buying and selling activity for EVERTEC
or view top insider-selling stocks.

Which institutional investors are buying EVERTEC stock?

EVTC stock was acquired by a variety of institutional investors in the last quarter, including Capital International Investors, Kayne Anderson Rudnick Investment Management LLC, Macquarie Group Ltd., American Century Companies Inc., JPMorgan Chase & Co., Vanguard Group Inc., Healthcare of Ontario Pension Plan Trust Fund, and IronBridge Private Wealth LLC.
View insider buying and selling activity for EVERTEC
or or view top insider-buying stocks.

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 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 $45.47.

How much money does EVERTEC make?

EVERTEC has a market capitalization of $3.27 billion and generates $510.59 million in revenue each year. The business services provider earns $104.44 million in net income (profit) each year or $1.92 on an earnings per share basis.

How many employees does EVERTEC have?

EVERTEC employs 2,500 workers across the globe.

What is EVERTEC's official website?

The official website for EVERTEC is www.evertecinc.com.

Where are EVERTEC's headquarters?

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].


This page was last updated on 9/22/2021 by MarketBeat.com Staff
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