Evertec, Inc. (NYSE:EVTC) Stock Has Consensus Target Price of $35.00

Shares of Evertec, Inc. (NYSE:EVTC – Get Free Report) have earned a consensus rating of “Hold” from the six ratings firms that are covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $35.00.

EVTC has been the topic of a number of analyst reports. Morgan Stanley set a $34.00 price target on Evertec in a research note on Thursday, August 6th. Wall Street Zen upgraded shares of Evertec from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Weiss Ratings raised shares of Evertec from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, October 21st.

Check Out Our Latest Stock Analysis on EVTC

Evertec Stock Performance

Shares of NYSE EVTC opened at $31.23 on Wednesday. The stock has a market cap of $1.87 billion, a price-to-earnings ratio of 20.28, a P/E/G ratio of 0.93 and a beta of 0.71. 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 has a 1-year low of $21.81 and a 1-year high of $34.41. The stock’s 50-day moving average is $29.68 and its 200 day moving average is $28.42.

Evertec (NYSE:EVTC – Get Free Report) last released its earnings results on Tuesday, November 3rd. The business services provider reported $1.07 EPS for the quarter, beating the consensus estimate of $0.98 by $0.09. The company had revenue of $282.99 million for the quarter, compared to analyst estimates of $272.94 million. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The firm’s quarterly revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.92 EPS. On average, sell-side analysts anticipate that Evertec will post 3.53 EPS for the current fiscal year.

Evertec Dividend Announcement

The business also recently declared 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. The ex-dividend date is Monday, November 9th. This represents a $0.20 annualized dividend and a yield of 0.6%. Evertec’s payout ratio is 12.99%.

Insider Buying and Selling at Evertec

In other Evertec news, Director Aldo Polak sold 1,094 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $30.37, for a total transaction of $33,224.78. Following the transaction, the director directly owned 14,849 shares of the company’s stock, valued at approximately $450,964.13. The trade was a 6.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paola Perez-Surillo sold 17,486 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $31.56, for a total transaction of $551,858.16. Following the completion of the transaction, the executive vice president owned 46,421 shares of the company’s stock, valued at $1,465,046.76. This trade represents a 27.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 20,580 shares of company stock worth $644,673. 1.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Evertec

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in shares of Evertec by 1.4% in the first quarter. Royal Bank of Canada now owns 34,824 shares of the business services provider’s stock worth $983,000 after acquiring an additional 479 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Evertec by 13.9% during the first quarter. EverSource Wealth Advisors LLC now owns 4,302 shares of the business services provider’s stock valued at $121,000 after acquiring an additional 524 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Evertec by 6.2% during the first quarter. Cetera Investment Advisers now owns 13,078 shares of the business services provider’s stock valued at $369,000 after acquiring an additional 765 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Evertec by 166.9% during the second quarter. Allworth Financial LP now owns 1,372 shares of the business services provider’s stock valued at $38,000 after acquiring an additional 858 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Evertec in the 2nd quarter worth about $37,000. Hedge funds and other institutional investors own 96.80% of the company’s stock.

Key Stories Impacting Evertec

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.

About Evertec

(Get Free Report)

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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Analyst Recommendations for Evertec (NYSE:EVTC)

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