EVTC stock icon

Evertec
EVTC

$31.65
0.94%

Market Cap: $2.04B

 

About: Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Latin America Payments and Solutions, and Business Solutions which derive maximum revenue. The company serves a diversified customer base of financial institutions, merchants, corporations, and government agencies with mission-critical technology solutions that enable them to issue, process, and accept transactions securely.

Employees: 5,000

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

81% more call options, than puts

Call options by funds: $156K | Put options by funds: $86K

1.41% less ownership

Funds ownership: 101.28% [Q1] → 99.87% (-1.41%) [Q2]

6% less funds holding

Funds holding: 257 [Q1] → 242 (-15) [Q2]

19% less capital invested

Capital invested by funds: $2.64B [Q1] → $2.14B (-$505M) [Q2]

23% less repeat investments, than reductions

Existing positions increased: 73 | Existing positions reduced: 95

33% less first-time investments, than exits

New positions opened: 31 | Existing positions closed: 46

67% less funds holding in top 10

Funds holding in top 10: 3 [Q1] → 1 (-2) [Q2]

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$28
12%
downside
Avg. target
$36
14%
upside
High target
$42
33%
upside

3 analyst ratings

positive
33%
neutral
33%
negative
33%
Susquehanna
James Friedman
56% 1-year accuracy
30 / 54 met price target
12%downside
$28
Negative
Downgraded
5 Sept 2024
Susquehanna
James Friedman
56% 1-year accuracy
30 / 54 met price target
20%upside
$38
Neutral
Maintained
1 Aug 2024
Keefe, Bruyette & Woods
Sanjay Sakhrani
94% 1-year accuracy
17 / 18 met price target
33%upside
$42
Outperform
Maintained
8 Jul 2024

Financial journalist opinion