Evertec (NYSE:EVTC) Director Sells $29,500.00 in Stock

Evertec, Inc. (NYSE:EVTC) Director Aldo Polak sold 1,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $29.50, for a total transaction of $29,500.00. Following the sale, the director owned 17,943 shares of the company’s stock, valued at approximately $529,318.50. This represents a 5.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Evertec Stock Performance

NYSE EVTC traded up $1.59 during trading on Thursday, reaching $32.00. The company’s stock had a trading volume of 461,805 shares, compared to its average volume of 520,802. 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 firm has a market cap of $1.91 billion, a price-to-earnings ratio of 20.78, a P/E/G ratio of 0.96 and a beta of 0.70. Evertec, Inc. has a twelve month low of $21.81 and a twelve month high of $37.44. The business’s fifty day moving average price is $28.38 and its 200-day moving average price is $27.77.

Evertec (NYSE:EVTC) last announced its earnings results on Tuesday, August 4th. The business services provider reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.95 by $0.10. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The business had revenue of $274.82 million during the quarter, compared to analysts’ expectations of $262.24 million. During the same period in the prior year, the company earned $0.89 earnings per share. The business’s revenue was up 19.7% compared to the same quarter last year. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. As a group, analysts anticipate that Evertec, Inc. will post 3.48 EPS for the current fiscal year.

Evertec Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 3rd will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, August 3rd. Evertec’s dividend payout ratio (DPR) is presently 12.99%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. raised its holdings in Evertec by 189.7% during the fourth quarter. Hantz Financial Services Inc. now owns 1,072 shares of the business services provider’s stock worth $31,000 after purchasing an additional 702 shares during the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Evertec during the 4th quarter worth $31,000. Clearstead Advisors LLC boosted its position in shares of Evertec by 194.5% in the 4th quarter. Clearstead Advisors LLC now owns 1,240 shares of the business services provider’s stock worth $36,000 after buying an additional 819 shares in the last quarter. Allworth Financial LP acquired a new stake in Evertec in the 2nd quarter valued at about $38,000. Finally, Global Retirement Partners LLC grew its stake in Evertec by 53.1% in the 4th quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 510 shares during the last quarter. 96.80% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Weiss Ratings lowered Evertec from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday. Morgan Stanley set a $34.00 price objective on shares of Evertec in a research report on Thursday, August 6th. Raymond James Financial reaffirmed an “outperform” rating and issued a $34.00 price objective on shares of Evertec in a report on Thursday, May 7th. Finally, Wall Street Zen upgraded Evertec from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $35.00.

Evertec Company Profile

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.