News stories about Evertec (NYSE:EVTC) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Evertec earned a news impact score of 0.18 on Accern’s scale. Accern also assigned news articles about the business services provider an impact score of 47.38044762039 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment Analysis’s rankings:
- IHS Markit Score upgrades Evertec Inc to 81 out of 100, ranking positively in two out of four IHS Markit categories. (finance.yahoo.com)
- Evertec, Inc. (NYSE:EVTC) Stock Closed 5.4% Above Its 50 Day Moving Average (highlightpress.com)
- Zacks Investment Research Lowers Evertec, Inc. (NYSE:EVTC) to Hold (americanbankingnews.com)
- Gujarat Congress MLAs staying at Bengaluru luxury resort to return to Gujarat (ismboard.com)
- Evertec, Inc. (NYSE:EVTC) Expected to Post Quarterly Sales of $102.48 Million (americanbankingnews.com)
EVTC has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Evertec from a “hold” rating to a “buy” rating and set a $19.00 price objective on the stock in a research report on Tuesday, July 4th. ValuEngine cut shares of Evertec from a “strong-buy” rating to a “buy” rating in a research report on Friday, June 2nd. Finally, BidaskClub upgraded shares of Evertec from a “sell” rating to a “hold” rating in a research report on Thursday, August 3rd. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Evertec presently has a consensus rating of “Hold” and a consensus price target of $19.00.
Evertec (NYSE:EVTC) opened at 18.35 on Friday. The firm’s 50-day moving average is $17.61 and its 200 day moving average is $16.79. Evertec has a 52-week low of $14.15 and a 52-week high of $19.52. The stock has a market capitalization of $1.33 billion, a PE ratio of 17.17 and a beta of 1.25.
Evertec (NYSE:EVTC) last posted its earnings results on Tuesday, August 1st. The business services provider reported $0.44 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.02. The company had revenue of $103.51 million for the quarter, compared to analyst estimates of $100.21 million. Evertec had a net margin of 19.64% and a return on equity of 107.21%. The business’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share. On average, equities analysts forecast that Evertec will post $1.70 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 8th. Stockholders of record on Monday, August 7th will be given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.18%. The ex-dividend date is Thursday, August 3rd. Evertec’s dividend payout ratio is 37.74%.
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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