Evertec Inc [NYSE: EVTC] loss -0.46% or -0.15 points to close at $32.61 with a heavy trading volume of 263810 shares.
The daily chart for EVTC points out that the company has recorded -5.09% loss over the past six months.
If we look at the average trading volume of 323.21K shares, EVTC reached to a volume of 263810 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Evertec Inc [EVTC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EVTC shares is $36.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EVTC stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Evertec Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on November 21, 2024. While these analysts kept the previous recommendation, Susquehanna dropped their target price from $38 to $28. The new note on the price target was released on September 05, 2024, representing the official price target for Evertec Inc stock. Previously, the target price had yet another drop from $52 to $49, while Susquehanna kept a Neutral rating on EVTC stock.
The Average True Range (ATR) for Evertec Inc is set at 0.79, with the Price to Sales ratio for EVTC stock in the period of the last 12 months amounting to 2.52. The Price to Book ratio for the last quarter was 4.13, with the Price to Cash per share for the same quarter was set at 5.13. Price to Free Cash Flow for EVTC in the course of the last twelve months was 9.44 with Quick ratio for the last quarter at 1.97.
Trading performance analysis for EVTC stock
Evertec Inc [EVTC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.58. With this latest performance, EVTC shares dropped by -7.36% in over the last four-week period, additionally sinking by -5.09% over the last 6 months – not to mention a drop of -15.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EVTC stock in for the last two-week period is set at 38.05, with the RSI for the last a single of trading hit 36.11, and the three-weeks RSI is set at 40.59 for Evertec Inc [EVTC]. The present Moving Average for the last 50 days of trading for this stock 34.67, while it was recorded at 32.55 for the last single week of trading, and 34.47 for the last 200 days.
Evertec Inc [EVTC]: A deeper dive into fundamental analysis
Evertec Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.97 and a Current Ratio set at 1.97.
Evertec Inc [EVTC]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EVTC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Evertec Inc go to 8.62%.
An analysis of Institutional ownership at Evertec Inc [EVTC]
There are presently around $105.10%, or 105.76%% of EVTC stock, in the hands of institutional investors. The top three institutional holders of EVTC stocks are: BLACKROCK INC. with ownership of 9.59 million shares, which is approximately 14.8914%. VANGUARD GROUP INC, holding 7.31 million shares of the stock with an approximate value of $$243.12 million in EVTC stocks shares; and VANGUARD GROUP INC, currently with $$221.9 million in EVTC stock with ownership which is approximately 10.3593%.
