Shares of Evertec, Inc. (NYSE:EVTC – Get Free Report) have been assigned a consensus rating of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $35.00.
EVTC has been the topic of several recent analyst reports. Morgan Stanley set a $34.00 target price on Evertec in a research note on Thursday, August 6th. Wall Street Zen upgraded Evertec from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Weiss Ratings upgraded Evertec from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, October 21st.
Get Our Latest Research Report on EVTC
Evertec Trading Down 4.5%
Shares of NYSE EVTC opened at $31.23 on Wednesday. The firm’s 50 day moving average price is $29.68 and its 200-day moving average price is $28.42. Evertec has a 52-week low of $21.81 and a 52-week high of $34.41. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.70 and a current ratio of 1.70. The company has a market cap of $1.87 billion, a PE ratio of 20.28, a P/E/G ratio of 0.93 and a beta of 0.71.
Evertec (NYSE:EVTC – Get Free Report) last announced its quarterly earnings results on Tuesday, November 3rd. The business services provider reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.09. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The company had revenue of $282.99 million during the quarter, compared to the consensus estimate of $272.94 million. During the same quarter last year, the firm earned $0.92 earnings per share. The firm’s quarterly revenue was up 23.8% compared to the same quarter last year. On average, equities research analysts expect that Evertec will post 3.53 EPS for the current fiscal year.
Evertec Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Monday, November 9th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, November 9th. Evertec’s dividend payout ratio (DPR) is presently 12.99%.
More Evertec News
Here are the key news stories impacting Evertec this week:
- Positive Sentiment: Revenue rose 24% year over year to $283.0 million, while adjusted earnings of $1.07 per share beat estimates of about $0.97–$0.98 and increased from $0.92 a year earlier. Evertec Q3 2026 results
- Positive Sentiment: Adjusted EBITDA climbed 19% to $110.5 million. Revenue also exceeded the roughly $272.9 million analyst forecast. Evertec tops Q3 estimates
- Neutral Sentiment: GAAP net income attributable to common shareholders was $29.9 million, or $0.49 per diluted share; this is a different measure from the $1.07 adjusted EPS cited in earnings coverage. Evertec Q3 2026 results
- Negative Sentiment: EVTC shares traded lower despite the earnings and revenue beats. The provided reports do not identify a specific negative catalyst or explain the market reaction.
Insider Activity
In other Evertec news, EVP Paola Perez-Surillo sold 17,486 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $31.56, for a total transaction of $551,858.16. Following the transaction, the executive vice president owned 46,421 shares in the company, valued at approximately $1,465,046.76. This represents a 27.36% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Aldo J. Polak sold 1,094 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $30.37, for a total transaction of $33,224.78. Following the sale, the director directly owned 14,849 shares in the company, valued at approximately $450,964.13. The trade was a 6.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 20,580 shares of company stock valued at $644,673 over the last quarter. 1.13% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new position in Evertec during the second quarter valued at approximately $37,000. Integrated Wealth Concepts LLC bought a new stake in Evertec in the 2nd quarter worth approximately $38,000. Allworth Financial LP bought a new stake in Evertec in the 2nd quarter worth approximately $38,000. Global Retirement Partners LLC bought a new stake in Evertec in the 2nd quarter worth approximately $48,000. Finally, Bessemer Group Inc. raised its stake in Evertec by 961.4% during the 1st quarter. Bessemer Group Inc. now owns 2,006 shares of the business services provider’s stock valued at $57,000 after buying an additional 1,817 shares during the last quarter. 96.80% of the stock is owned by hedge funds and other institutional investors.
Evertec Company Profile
Evertec, Inc is a payment processing and financial technology company that provides transaction-processing services and business technology solutions to financial institutions, merchants, government agencies and other organizations. The company operates through businesses that support electronic payments, merchant acquiring, payment networks and related financial services.
Its products and services include debit and credit card processing, point-of-sale and e-commerce payment acceptance, automated teller machine processing, prepaid services, electronic bill payment and money transfer solutions.
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