Evertec (NYSE:EVTC) Upgraded by Wall Street Zen to “Buy” Rating

Posted by Francis Steltz on Aug 9th, 2026

Wall Street Zen upgraded shares of Evertec (NYSE:EVTC – Free Report) from a hold rating to a buy rating in a report released on Saturday morning.

A number of other brokerages have also recently issued reports on EVTC. Weiss Ratings upgraded Evertec from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. Morgan Stanley set a $34.00 price target on shares of Evertec in a research report on Thursday. Finally, Raymond James Financial reiterated an “outperform” rating and set a $34.00 price objective on shares of Evertec in a research note on Thursday, May 7th. Two investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Evertec presently has a consensus rating of “Hold” and a consensus target price of $35.00.

Get Our Latest Stock Analysis on Evertec

Evertec Price Performance

Shares of Evertec stock opened at $29.87 on Friday. The business’s fifty day moving average price is $28.02 and its 200 day moving average price is $27.78. Evertec has a twelve month low of $21.81 and a twelve month high of $37.71. The company has a current ratio of 1.70, a quick ratio of 1.97 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $1.84 billion, a P/E ratio of 19.40, a PEG ratio of 1.01 and a beta of 0.70.

Evertec (NYSE:EVTC – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The business services provider reported $1.05 EPS for the quarter, topping the consensus estimate of $0.95 by $0.10. The company had revenue of $274.82 million during the quarter, compared to analyst estimates of $262.24 million. Evertec had a return on equity of 32.07% and a net margin of 9.80%.The firm’s revenue was up 19.7% on a year-over-year basis. During the same period in the prior year, the firm posted $0.89 earnings per share. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. As a group, research analysts anticipate that Evertec will post 3.34 earnings per share for the current year.

Evertec Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Monday, August 3rd will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $0.20 annualized dividend and a dividend yield of 0.7%. Evertec’s dividend payout ratio is presently 12.99%.

Insider Activity

In related news, Director Brian John Smith bought 16,202 shares of the stock in a transaction dated Friday, June 12th. The stock was acquired at an average price of $26.42 per share, for a total transaction of $428,056.84. Following the completion of the purchase, the director owned 88,222 shares in the company, valued at $2,330,825.24. This represents a 22.50% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 1.13% of the company’s stock.

Hedge Funds Weigh In On Evertec

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hantz Financial Services Inc. raised its stake in shares of Evertec by 189.7% during the fourth quarter. Hantz Financial Services Inc. now owns 1,072 shares of the business services provider’s stock valued at $31,000 after purchasing an additional 702 shares during the period. Kestra Advisory Services LLC purchased a new position in shares of Evertec in the fourth quarter valued at $31,000. Clearstead Advisors LLC grew its holdings in Evertec by 194.5% during the 4th quarter. Clearstead Advisors LLC now owns 1,240 shares of the business services provider’s stock valued at $36,000 after purchasing an additional 819 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in Evertec by 73.7% during the 4th quarter. Richardson Financial Services Inc. now owns 1,325 shares of the business services provider’s stock valued at $39,000 after purchasing an additional 562 shares in the last quarter. Finally, Global Retirement Partners LLC increased its stake in Evertec by 53.1% during the 4th quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock worth $43,000 after buying an additional 510 shares during the period. 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.