EPS for EVERTEC, Inc. (EVTC) Expected At $0.37

October 13, 2018 - By Adrian Erickson

EVERTEC, Inc. (NYSE:EVTC) LogoInvestors sentiment increased to 1.67 in 2018 Q2. Its up 0.70, from 0.97 in 2018Q1. It increased, 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.
Element Limited Liability Corp invested in 14,145 shares. Cna Financial owns 27,375 shares or 0.13% of their US portfolio. Bnp Paribas Arbitrage Sa owns 0% invested in EVERTEC, Inc. (NYSE:EVTC) for 3,273 shares. California Public Employees Retirement Systems reported 136,953 shares. Moreover, Deutsche Savings Bank Ag has 0% invested in EVERTEC, Inc. (NYSE:EVTC) for 201,908 shares. Castleark Mngmt Limited Liability Com invested in 0.38% or 563,630 shares. California State Teachers Retirement Systems reported 93,280 shares or 0% of all its holdings. Engineers Gate Manager L P has 0.09% invested in EVERTEC, Inc. (NYSE:EVTC). Smith Asset Mngmt Gp Ltd Partnership accumulated 126,256 shares. 3,504 were accumulated by Zurcher Kantonalbank (Zurich Cantonalbank). 12,488 were reported by Teacher Retirement System Of Texas. Clearbridge Limited Com holds 2,651 shares or 0% of its portfolio. State Teachers Retirement Systems owns 38,877 shares for 0% of their portfolio. Profund Advsrs Lc holds 0.01% of its portfolio in EVERTEC, Inc. (NYSE:EVTC) for 11,698 shares. Hanseatic Management Services stated it has 144 shares.

Since September 7, 2018, it had 0 insider buys, and 4 selling transactions for $1.52 million activity. $281,723 worth of EVERTEC, Inc. (NYSE:EVTC) shares were sold by Rodriguez-Gonzalez Luis A. $35,325 worth of EVERTEC, Inc. (NYSE:EVTC) was sold by Rivera-Ramirez Diana I. 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. On Thursday, July 19 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. J.P. Morgan upgraded the stock to “Hold” 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 firm has “Neutral” rating given on Wednesday, May 2 by JP Morgan. Morgan Stanley maintained the shares of EVTC in report on Wednesday, August 1 with “Equal-Weight” rating.

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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