Evertec (EVTC) Earns Media Sentiment Score of 0.21

News headlines about Evertec (NYSE:EVTC) have been trending somewhat positive on Wednesday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Evertec earned a daily sentiment score of 0.21 on Accern’s scale. Accern also gave news headlines about the business services provider an impact score of 47.1147858461361 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Shares of NYSE:EVTC opened at $21.70 on Wednesday. The company has a market capitalization of $1.57 billion, a PE ratio of 14.76, a P/E/G ratio of 3.06 and a beta of 1.08. Evertec has a twelve month low of $21.50 and a twelve month high of $21.80. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.09.

Evertec (NYSE:EVTC) last issued its quarterly earnings results on Tuesday, May 1st. The business services provider reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.16. The company had revenue of $110.27 million during the quarter, compared to analyst estimates of $101.96 million. Evertec had a net margin of 13.23% and a return on equity of 72.62%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.45 EPS. equities analysts forecast that Evertec will post 1.41 earnings per share for the current year.

A number of research analysts have issued reports on the stock. Goldman Sachs raised shares of Evertec from a “sell” rating to a “neutral” rating in a research note on Thursday, February 22nd. JPMorgan Chase raised shares of Evertec from an “underweight” rating to a “neutral” rating in a research note on Wednesday, May 2nd. ValuEngine raised shares of Evertec from a “buy” rating to a “strong-buy” rating in a research note on Friday, April 13th. Cowen reissued a “market perform” rating and set a $18.00 target price (up from $14.00) on shares of Evertec in a research note on Thursday, February 22nd. Finally, Zacks Investment Research raised shares of Evertec from a “sell” rating to a “hold” rating in a research note on Friday, March 9th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, two have given a buy rating and two have assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $18.00.

Evertec Company Profile

EVERTEC, Inc and its subsidiaries engage in transaction processing business serving financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates through four segments: Payment Services – Puerto Rico & Caribbean, Payment Services – Latin America, Merchant Acquiring, and Business Solutions.

Insider Buying and Selling by Quarter for Evertec (NYSE:EVTC)

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