EvertecEVTC
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
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
3 analyst ratings
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 |