Evertec (EVTC) Given Media Sentiment Rating of 0.09
Media coverage about Evertec (NYSE:EVTC) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Evertec earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 46.1896542854839 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Evertec (NYSE:EVTC) opened at $13.85 on Thursday. The company has a debt-to-equity ratio of 4.08, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $1,000.00, a PE ratio of 8.12, a price-to-earnings-growth ratio of 1.84 and a beta of 1.18. Evertec has a 52 week low of $12.60 and a 52 week high of $19.52.
Evertec (NYSE:EVTC) last issued its earnings results on Tuesday, November 7th. The business services provider reported $0.33 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.41 by ($0.08). The business had revenue of $102.70 million for the quarter, compared to analyst estimates of $97.11 million. Evertec had a return on equity of 95.54% and a net margin of 15.92%. The firm’s revenue was up 8.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.41 EPS. sell-side analysts forecast that Evertec will post 1.46 EPS for the current year.
A number of research firms recently commented on EVTC. BidaskClub raised Evertec from a “sell” rating to a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research downgraded Evertec from a “buy” rating to a “hold” rating in a research note on Thursday, August 10th. ValuEngine raised Evertec from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Cowen and Company reaffirmed a “hold” rating and issued a $20.00 price target on shares of Evertec in a research note on Thursday, October 12th. Finally, Morgan Stanley dropped their price target on Evertec from $18.00 to $17.00 and set an “equal weight” rating for the company in a research note on Thursday, October 19th. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $17.83.
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Evertec Company Profile
EVERTEC, Inc is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually.
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