Evertec (EVTC) Set to Announce Earnings on Tuesday

Evertec (NYSE:EVTC) is set to issue its quarterly earnings data after the market closes on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.23 per share for the quarter.

Shares of Evertec (NYSE EVTC) opened at $15.90 on Monday. The company has a market capitalization of $1,151.00, a price-to-earnings ratio of 18.07, a PEG ratio of 2.36 and a beta of 1.24. The company has a debt-to-equity ratio of 4.08, a current ratio of 1.00 and a quick ratio of 1.00. Evertec has a 1 year low of $12.60 and a 1 year high of $19.52.

EVTC has been the subject of a number of recent analyst reports. BidaskClub downgraded Evertec from a “sell” rating to a “strong sell” rating in a research report on Friday, October 27th. Stifel Nicolaus lowered their price objective on Evertec from $18.00 to $17.00 and set a “buy” rating for the company in a research report on Wednesday, November 8th. Deutsche Bank lowered their price objective on Evertec from $18.00 to $16.00 and set a “hold” rating for the company in a research report on Wednesday, November 8th. ValuEngine raised Evertec from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Finally, JPMorgan Chase & Co. downgraded Evertec from a “neutral” rating to an “underweight” rating in a research report on Tuesday, December 12th. Four research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. Evertec has an average rating of “Hold” and a consensus target price of $16.67.

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About Evertec

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.

Earnings History for Evertec (NYSE:EVTC)

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