Remitly Global (NASDAQ:RELY) & Evertec (NYSE:EVTC) Head-To-Head Analysis

Evertec (NYSE:EVTC) and Remitly Global (NASDAQ:RELY) are both finance companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, dividends, profitability, institutional ownership, risk and valuation.

Profitability

This table compares Evertec and Remitly Global’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Evertec	9.80%	32.07%	9.12%
Remitly Global	16.85%	33.33%	21.92%

Valuation and Earnings

This table compares Evertec and Remitly Global”s revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Evertec	$931.82 million	1.75	$141.59 million	$1.54	17.71
Remitly Global	$1.64 billion	2.82	$67.93 million	$1.39	15.66

Evertec has higher earnings, but lower revenue than Remitly Global. Remitly Global is trading at a lower price-to-earnings ratio than Evertec, indicating that it is currently the more affordable of the two stocks.

Analyst Ratings

This is a breakdown of current ratings and recommmendations for Evertec and Remitly Global, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Evertec	0	4	2	0	2.33
Remitly Global	0	1	10	2	3.08

Evertec presently has a consensus target price of $35.00, indicating a potential upside of 28.36%. Remitly Global has a consensus target price of $27.78, indicating a potential upside of 27.60%. Given Evertec’s higher possible upside, equities research analysts clearly believe Evertec is more favorable than Remitly Global.

Volatility & Risk

Evertec has a beta of 0.72, meaning that its stock price is 28% less volatile than the S&P 500. Comparatively, Remitly Global has a beta of 0.39, meaning that its stock price is 61% less volatile than the S&P 500.

Institutional & Insider Ownership

96.8% of Evertec shares are held by institutional investors. Comparatively, 74.3% of Remitly Global shares are held by institutional investors. 1.1% of Evertec shares are held by company insiders. Comparatively, 6.5% of Remitly Global shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Summary

Remitly Global beats Evertec on 9 of the 15 factors compared between the two stocks.

About Evertec

EVERTEC, Inc. engages in transaction processing business and financial technology in Latin America and the Caribbean. The company operates through four segments: Payment Services – Puerto Rico & Caribbean; Latin America Payments and Solutions; Merchant Acquiring; and Business Solutions. It 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 (EBT) cards. In addition, the company offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers services. Further, it provides business process management solutions comprising core bank processing, network hosting and management, IT professional, business process outsourcing, item and cash processing, and fulfillment solutions to merchant, fintech, financial institutions, and corporate and government customers. Additionally, the company owns and operates the ATH network, a personal identification number debit networks. It manages a system of electronic payment networks that process approximately six billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.

About Remitly Global

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 170 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.