Evertec (NYSE:EVTC) Director Sells $30,090.00 in Stock

Evertec, Inc. (NYSE:EVTC) Director Aldo Polak sold 1,000 shares of Evertec stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $30.09, for a total transaction of $30,090.00. Following the transaction, the director directly owned 15,943 shares of the company’s stock, valued at approximately $479,724.87. This represents a 5.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Evertec Stock Performance

Shares of NYSE:EVTC opened at $29.99 on Thursday. The company has a market capitalization of $1.79 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 0.83 and a beta of 0.69. Evertec, Inc. has a 12 month low of $21.81 and a 12 month high of $35.01. The firm’s 50-day moving average is $29.85 and its 200 day moving average is $27.96. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.89.

Evertec (NYSE:EVTC) last announced its quarterly earnings data on Tuesday, August 4th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.10. The business had revenue of $274.82 million during the quarter, compared to the consensus estimate of $262.24 million. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The firm’s quarterly revenue was up 19.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.89 earnings per share. Evertec has set its FY 2026 guidance at 3.940-4.040 EPS. Research analysts predict that Evertec, Inc. will post 3.53 EPS for the current year.

Evertec Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 3rd will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Monday, August 3rd. Evertec’s dividend payout ratio (DPR) is currently 12.99%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on EVTC shares. Raymond James Financial reaffirmed an “outperform” rating and issued a $34.00 price objective on shares of Evertec in a research report on Thursday, May 7th. Wall Street Zen raised shares of Evertec from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Morgan Stanley set a $34.00 price target on shares of Evertec in a report on Thursday, August 6th. Finally, Weiss Ratings raised shares of Evertec from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, August 25th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of EVTC. Kestra Advisory Services LLC purchased a new position in Evertec during the 4th quarter worth $31,000. Hantz Financial Services Inc. lifted its holdings in shares of Evertec by 189.7% in the 4th quarter. Hantz Financial Services Inc. now owns 1,072 shares of the business services provider’s stock worth $31,000 after buying an additional 702 shares during the period. Clearstead Advisors LLC lifted its holdings 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 during the period. Public Employees Retirement System of Ohio bought a new position in shares of Evertec during the 2nd quarter worth $37,000. Finally, Allworth Financial LP bought a new position in shares of Evertec during the 2nd quarter worth $38,000. Institutional investors own 96.80% of the company’s stock.

About Evertec

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.