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

Evertec (NYSE:EVTC) had its price target increased by Keefe, Bruyette & Woods from $38.00 to $42.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has an “outperform” rating on the business services provider’s stock. Keefe, Bruyette & Woods‘s price objective would indicate a potential upside of 34.47% from the stock’s current price.

EVTC has been the subject of several other reports. Morgan Stanley set a $34.00 price objective on Evertec in a research note on Thursday, August 6th. Weiss Ratings upgraded Evertec from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, October 21st. Finally, Wall Street Zen raised shares of Evertec from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Evertec has an average rating of “Hold” and an average target price of $35.50.

Evertec Price Performance

NYSE:EVTC opened at $31.23 on Wednesday. Evertec has a 12 month low of $21.81 and a 12 month high of $34.41. The stock has a 50 day moving average of $29.68 and a two-hundred day moving average of $28.42. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.89. The firm has a market cap of $1.87 billion, a P/E ratio of 20.28, a price-to-earnings-growth ratio of 0.93 and a beta of 0.71.

Evertec (NYSE:EVTC) last announced its earnings results on Tuesday, November 3rd. The business services provider reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.09. The business had revenue of $282.99 million during the quarter, compared to analysts’ expectations of $272.94 million. Evertec had a return on equity of 32.07% and a net margin of 9.80%. The business’s revenue was up 23.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.92 earnings per share. On average, analysts expect that Evertec will post 3.53 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Paola Perez-Surillo sold 17,486 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $31.56, for a total value of $551,858.16. Following the completion of the sale, the executive vice president directly owned 46,421 shares in the company, valued at $1,465,046.76. This represents a 27.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Aldo Polak sold 1,094 shares of the stock in a transaction that occurred 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 sale, the director directly owned 14,849 shares of the company’s stock, valued at approximately $450,964.13. This represents a 6.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 20,580 shares of company stock valued at $644,673 over the last 90 days. Company insiders own 1.13% of the company’s stock.

Institutional Trading of Evertec

A number of hedge funds and other institutional investors have recently modified their holdings of EVTC. Royal Bank of Canada raised its holdings in shares of Evertec by 1.4% during the 1st quarter. Royal Bank of Canada now owns 34,824 shares of the business services provider’s stock worth $983,000 after acquiring an additional 479 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Evertec by 13.9% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,302 shares of the business services provider’s stock valued at $121,000 after acquiring an additional 524 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Evertec by 6.2% during the 1st quarter. Cetera Investment Advisers now owns 13,078 shares of the business services provider’s stock valued at $369,000 after acquiring an additional 765 shares during the last quarter. Allworth Financial LP grew its holdings in shares of Evertec by 166.9% in the second quarter. Allworth Financial LP now owns 1,372 shares of the business services provider’s stock valued at $38,000 after purchasing an additional 858 shares during the period. Finally, Public Employees Retirement System of Ohio purchased a new stake in shares of Evertec in the second quarter valued at about $37,000. 96.80% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Evertec

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

Evertec Company Profile

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.