Keefe, Bruyette & Woods Forecasts Strong Price Appreciation for Evertec (NYSE:EVTC) Stock

Evertec (NYSE:EVTC) had its price objective increased by stock analysts at Keefe, Bruyette & Woods from $38.00 to $42.00 in a research note issued to investors on Wednesday, Benzinga reports. The firm currently has an “outperform” rating on the business services provider’s stock. Keefe, Bruyette & Woods‘s price objective suggests a potential upside of 34.47% from the stock’s previous close.

Several other equities research analysts also recently weighed in on EVTC. Morgan Stanley set a $34.00 price target on Evertec in a research report on Thursday, August 6th. Weiss Ratings upgraded Evertec from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, October 21st. Finally, Wall Street Zen raised Evertec from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $35.50.

Evertec Stock Down 4.5%

NYSE:EVTC opened at $31.23 on Wednesday. The firm has a market capitalization of $1.87 billion, a P/E ratio of 20.28, a PEG ratio of 0.93 and a beta of 0.71. Evertec has a 1-year low of $21.81 and a 1-year high of $34.41. The company’s fifty day moving average price is $29.68 and its 200-day moving average price is $28.42. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.70 and a quick ratio of 1.70.

Evertec (NYSE:EVTC) last issued its earnings results on Tuesday, November 3rd. The business services provider reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.09. The firm had revenue of $282.99 million during the quarter, compared to analysts’ expectations of $272.94 million. Evertec had a net margin of 9.80% and a return on equity of 32.07%. The firm’s revenue was up 23.8% compared to the same quarter last year. During the same quarter last year, the company posted $0.92 earnings per share. As a group, equities research analysts anticipate that Evertec will post 3.53 EPS for the current year.

Insider Activity at Evertec

In related news, Director Aldo Polak sold 1,094 shares of the business’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $30.37, for a total value of $33,224.78. Following the completion of the transaction, the director directly owned 14,849 shares in the company, valued at $450,964.13. The trade was a 6.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Paola Perez-Surillo sold 17,486 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $31.56, for a total transaction of $551,858.16. Following the completion of the transaction, the executive vice president owned 46,421 shares of the company’s stock, valued at approximately $1,465,046.76. This represents a 27.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 20,580 shares of company stock valued at $644,673. Insiders own 1.13% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in Evertec in the 2nd quarter valued at $254,513,000. Heartland Advisors Inc. purchased a new stake in Evertec in the 2nd quarter worth $23,346,000. North Star Asset Management Inc. purchased a new stake in Evertec in the 2nd quarter worth $22,489,000. Lone Peak Global Investors LLC raised its position in Evertec by 5.9% during the second quarter. Lone Peak Global Investors LLC now owns 584,685 shares of the business services provider’s stock worth $16,243,000 after acquiring an additional 32,764 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Evertec during the second quarter worth $12,700,000. Institutional investors and hedge funds own 96.80% of the company’s stock.

More Evertec News

Here are the key news stories impacting Evertec this week:

• Positive Sentiment: Adjusted earnings were $1.07 per share, above analysts’ estimates of about $0.97–$0.98 and up from $0.92 a year earlier. Revenue reached $283.0 million, exceeding the roughly $272.9 million consensus and rising 24% year over year (about 21% in constant currency). Evertec Q3 2026 results Evertec tops Q3 earnings and revenue estimates
• Positive Sentiment: Adjusted EBITDA increased 19% to $110.5 million, indicating continued operating growth alongside the revenue and earnings beat. Evertec Q3 2026 results

About Evertec

Evertec, Inc is a payment processing and financial technology company that provides transaction-processing services and business technology solutions to financial institutions, merchants, government agencies and other organizations. The company operates through businesses that support electronic payments, merchant acquiring, payment networks and related financial services.

Its products and services include debit and credit card processing, point-of-sale and e-commerce payment acceptance, automated teller machine processing, prepaid services, electronic bill payment and money transfer solutions.