Evertec (EVTC) Receiving Somewhat Positive Media Coverage, Study Finds
News coverage about Evertec (NYSE:EVTC) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Evertec earned a news impact score of 0.09 on Accern’s scale. Accern also gave news coverage about the business services provider an impact score of 45.6321544753597 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Evertec (EVTC) Stock Rating Lowered by J P Morgan Chase & Co (americanbankingnews.com)
- Evertec Inc (EVTC) Expected to Post Quarterly Sales of $90.26 Million (americanbankingnews.com)
- $0.23 EPS Expected for Evertec Inc (EVTC) This Quarter (americanbankingnews.com)
- ETFs with exposure to EVERTEC, Inc. : December 12, 2017 (finance.yahoo.com)
- EVERTEC, Inc. :EVTC-US: Earnings Analysis: Q3, 2017 By the Numbers : December 11, 2017 (finance.yahoo.com)
Evertec (NYSE EVTC) opened at $13.15 on Monday. Evertec has a fifty-two week low of $12.60 and a fifty-two week high of $19.52. The firm has a market cap of $951.93, a PE ratio of 7.97, a PEG ratio of 1.81 and a beta of 1.14. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 4.08.
A number of analysts have weighed in on the stock. Morgan Stanley decreased their target price on shares of Evertec from $18.00 to $17.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 19th. TheStreet cut shares of Evertec from a “b-” rating to a “c+” rating in a research note on Thursday, October 19th. Deutsche Bank decreased their target price on shares of Evertec from $18.00 to $16.00 and set a “hold” rating on the stock in a research note on Wednesday, November 8th. Zacks Investment Research cut shares of Evertec from a “buy” rating to a “hold” rating in a research note on Monday, October 9th. Finally, BidaskClub lowered shares of Evertec from a “sell” rating to a “strong sell” rating in a report on Friday, October 27th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. Evertec has a consensus rating of “Hold” and a consensus price target of $17.83.
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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