News stories about Evertec (NYSE:EVTC) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. 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 news sentiment score of 0.28 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 45.8775383560914 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
A number of research firms recently commented on EVTC. ValuEngine downgraded Evertec from a “buy” rating to a “hold” rating in a report on Tuesday, September 26th. JPMorgan Chase & Co. downgraded Evertec from a “neutral” rating to an “underweight” rating in a report on Tuesday, December 12th. BidaskClub downgraded Evertec from a “hold” rating to a “sell” rating in a report on Thursday, September 28th. Stifel Nicolaus dropped their price objective on Evertec from $18.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, November 8th. Finally, Zacks Investment Research downgraded Evertec from a “buy” rating to a “hold” rating in a report on Monday, October 9th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $17.60.
Shares of Evertec (EVTC) opened at $14.10 on Tuesday. The company has a market capitalization of $1,020.70, a PE ratio of 16.02, a P/E/G ratio of 2.09 and a beta of 1.14. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 4.08. Evertec has a fifty-two week low of $12.60 and a fifty-two week high of $19.52.
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Evertec Company Profile
EVERTEC, Inc is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually.
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