Analysts See $0.37 EPS for EVERTEC, Inc. (EVTC)

October 13, 2018 - By Adrian Erickson

EVERTEC, Inc. (NYSE:EVTC) LogoInvestors sentiment increased to 1.67 in Q2 2018. Its up 0.70, from 0.97 in 2018Q1. It improved, as 14 investors sold EVERTEC, Inc. shares while 41 reduced holdings. 41 funds opened positions while 51 raised stakes. 55.10 million shares or 4.34% less from 57.60 million shares in 2018Q1 were reported.
Louisiana State Employees Retirement Systems has invested 0.03% in EVERTEC, Inc. (NYSE:EVTC). Heartland Advsr holds 0.86% or 600,000 shares in its portfolio. Ameriprise holds 0% in EVERTEC, Inc. (NYSE:EVTC) or 347,570 shares. The California-based Schwab Charles Mngmt has invested 0.01% in EVERTEC, Inc. (NYSE:EVTC). D E Shaw And Company has 0% invested in EVERTEC, Inc. (NYSE:EVTC) for 143,819 shares. Tiaa Cref Invest Management Lc holds 347,423 shares. Trexquant Limited Partnership reported 0.01% of its portfolio in EVERTEC, Inc. (NYSE:EVTC). Fuller Thaler Asset Mngmt, a California-based fund reported 1,010 shares. Int Group holds 0% or 46,880 shares. Globeflex Cap L P has 50,059 shares. Teachers Retirement System Of The State Of Kentucky holds 19,400 shares or 0.01% of its portfolio. Continental Ltd Liability reported 1.28% in EVERTEC, Inc. (NYSE:EVTC). 810,345 are held by Northern Tru Corporation. Pzena Investment Management Limited Liability Co holds 1.18M shares or 0.13% of its portfolio. Mackenzie holds 0% or 41,246 shares in its portfolio.

Since September 7, 2018, it had 0 insider buys, and 4 selling transactions for $1.52 million activity. 1,500 EVERTEC, Inc. (NYSE:EVTC) shares with value of $35,325 were sold by Rivera-Ramirez Diana I.. Rodriguez-Gonzalez Luis A sold $281,723 worth of EVERTEC, Inc. (NYSE:EVTC) on Monday, September 10.

Analysts expect EVERTEC, Inc. (NYSE:EVTC) to report $0.37 EPS on November, 6.They anticipate $0.04 EPS change or 12.12 % from last quarter’s $0.33 EPS. EVTC’s profit would be $26.01 million giving it 15.49 P/E if the $0.37 EPS is correct. After having $0.42 EPS previously, EVERTEC, Inc.’s analysts see -11.90 % EPS growth. The stock increased 1.73% or $0.39 during the last trading session, reaching $22.93. About 402,345 shares traded. EVERTEC, Inc. (NYSE:EVTC) has risen 26.25% since October 14, 2017 and is uptrending. It has outperformed by 10.63% the S&P500.

EVERTEC, Inc. (NYSE:EVTC) Ratings Coverage

Among 5 analysts covering Evertec (NYSE:EVTC), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 0 are positive. Evertec had 6 analyst reports since May 2, 2018 according to SRatingsIntel. Morgan Stanley maintained EVERTEC, Inc. (NYSE:EVTC) rating on Wednesday, August 1. Morgan Stanley has “Equal-Weight” rating and $25 target. Morgan Stanley maintained it with “Equal-Weight” rating and $23 target in Thursday, July 19 report. JP Morgan upgraded the stock to “Neutral” rating in Wednesday, May 2 report. Deutsche Bank maintained EVERTEC, Inc. (NYSE:EVTC) rating on Wednesday, August 1. Deutsche Bank has “Hold” rating and $25 target. The rating was upgraded by J.P. Morgan on Wednesday, May 2 to “Hold”.

EVERTEC, Inc. and its subsidiaries engage in transaction processing business serving financial institutions, merchants, firms, and government agencies in Latin America and the Caribbean. The company has market cap of $1.61 billion. The firm operates through three divisions: Merchant Acquiring, Payment Processing, and Business Solutions. It has a 30.49 P/E ratio. The Merchant Acquiring segment provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer cards.

EVERTEC, Inc. (NYSE:EVTC) Institutional Positions Chart

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