Morgan Stanley Has Lowered Expectations for Evertec (NYSE:EVTC) Stock Price

Posted by Brian Himes on May 19th, 2026

Evertec (NYSE:EVTC – Get Free Report) had its target price lowered by analysts at Morgan Stanley from $29.00 to $25.00 in a report issued on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the business services provider’s stock. Morgan Stanley’s price objective would suggest a potential upside of 1.50% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Evertec from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Zacks Research lowered shares of Evertec from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Raymond James Financial reaffirmed an “outperform” rating and set a $34.00 price target on shares of Evertec in a research report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Evertec in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $33.20.

Get Our Latest Stock Analysis on Evertec

Evertec Price Performance

Shares of NYSE:EVTC traded up $0.36 during trading on Tuesday, hitting $24.63. 16,186 shares of the company’s stock were exchanged, compared to its average volume of 480,168. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.97 and a quick ratio of 1.97. The business’s 50-day simple moving average is $28.06 and its 200 day simple moving average is $28.47. Evertec has a 52-week low of $21.82 and a 52-week high of $38.56. The company has a market cap of $1.52 billion, a price-to-earnings ratio of 11.90, a PEG ratio of 0.80 and a beta of 0.80.

Evertec (NYSE:EVTC – Get Free Report) last posted its earnings results on Wednesday, May 6th. The business services provider reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $0.91 by ($0.01). Evertec had a return on equity of 31.40% and a net margin of 13.95%.The firm had revenue of $247.92 million during the quarter, compared to analysts’ expectations of $248.99 million. During the same quarter in the prior year, the firm posted $0.87 earnings per share. Evertec’s quarterly revenue was up 8.4% on a year-over-year basis. Evertec has set its FY 2026 guidance at 3.860-3.980 EPS. As a group, equities analysts predict that Evertec will post 3.34 EPS for the current year.

Insider Buying and Selling at Evertec

In related news, COO Joaquin A. Castrillo-Salgado acquired 20,000 shares of Evertec stock in a transaction dated Friday, May 8th. The stock was acquired at an average price of $22.74 per share, for a total transaction of $454,800.00. Following the transaction, the chief operating officer owned 143,987 shares of the company’s stock, valued at $3,274,264.38. This represents a 16.13% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Luis A. Rodriguez-Gonzalez purchased 17,000 shares of Evertec stock in a transaction that occurred on Thursday, May 7th. The stock was bought at an average cost of $24.10 per share, with a total value of $409,700.00. Following the completion of the transaction, the executive vice president owned 80,907 shares of the company’s stock, valued at $1,949,858.70. The trade was a 26.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders own 1.13% of the company’s stock.

Institutional Investors Weigh In On Evertec

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EVTC. American Century Companies Inc. raised its position in Evertec by 7.4% in the 3rd quarter. American Century Companies Inc. now owns 4,894,013 shares of the business services provider’s stock valued at $165,320,000 after purchasing an additional 335,639 shares during the last quarter. Dana Investment Advisors Inc. purchased a new stake in Evertec during the 3rd quarter valued at approximately $2,782,000. SG Americas Securities LLC lifted its position in Evertec by 443.9% during the 4th quarter. SG Americas Securities LLC now owns 42,505 shares of the business services provider’s stock worth $1,236,000 after acquiring an additional 34,690 shares during the period. Invenomic Capital Management LP grew its stake in shares of Evertec by 114.4% in the 3rd quarter. Invenomic Capital Management LP now owns 247,541 shares of the business services provider’s stock valued at $8,362,000 after purchasing an additional 132,063 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new position in Evertec in the 3rd quarter valued at $1,559,000. Hedge funds and other institutional investors own 96.80% of the company’s stock.

Evertec Company Profile

(Get Free Report)

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.