Evertec Inc (NASDAQ: EVTC) Stock On Most Active Line

Evertec Inc day trading at USD 27.28 per share, then rallying to 28.1099 and closing at USD 27.96 per share. A net gain of 2.49% for the day. Long term pricing analysis shows the stock trading at 24.79% lower than it’s 52week high and -49.81% higher than the 52week low. The share volume traded for the day was 493K which was 1 times the 50 Day Average Volume.

Evertec Inc had a market cap of 2,009,353K as of 25th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $1.35.

Evertec Inc is a leading full-service transaction processing business in Latin America, providing a broad range of merchant acquiring, payment processing, and business solutions services.

Financial Results

Evertec Inc Reports First Quarter Of Fiscal 2020.

  • Total revenue for the quarter ended March 31, 2020, was $121.9 million, an increase of 3% compared with $118.8 million in the prior year.
  • Net Income attributable to common shareholders. For the quarter ended March 31, 2020, GAAP Net Income attributable to common shareholders was $22.2 million, or $0.30 per diluted share, a decrease of $4.4 million or $0.06 per diluted share as compared to the prior year.
  • Adjusted EBITDA. For the quarter ended March 31, 2020, Adjusted EBITDA was $56.3 million, a decrease of 2% compared to the prior year.
  • Adjusted Net Income. For the quarter ended March 31, 2020, Adjusted Net Income was $33.5 million, a decrease of 10% compared with $37.1 million in the prior year.
  • Adjusted earnings per common share were $0.46, a decrease of 8% compared to $0.50 in the prior year.
  • During the three months ended March 31, 2020, the Company repurchased a total of 336 thousand shares of its common stock at an average price of $21.73 per share for a total of $7.3 million.

Evertec Inc (25th June 2020): The Institutional Ownership as of today stood at 82.02% and the Total Value of Holdings (millions) is $ $ 1,616

New Institutional Holders and other activity – As of today, the total number of shares held is, 58,941,686 by 245 institutional holders.

LATEST NEWS:

23 -June-2020:- X Square Capital LLC Makes New $883,000 Investment in Evertec Inc (NYSE: EVTC)

X Square Capital LLC acquired a new position in shares of Evertec Inc (NYSE: EVTC) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 38,865 shares of the business services provider’s stock, valued at approximately $883,000.

23 -June-2020:- Balyasny Asset Management LLC Purchases New Stake in Evertec Inc (NYSE: EVTC)

Balyasny Asset Management LLC bought a new position in shares of Evertec Inc (NYSE: EVTC) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 33,794 shares of the business services provider’s stock, valued at approximately $768,000.

18 -June-2020:- M&T Bank Corp Raises Stock Holdings in Evertec Inc (NYSE: EVTC)

M&T Bank Corp lifted its holdings in shares of Evertec Inc (NYSE: EVTC) by 39.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,179 shares of the business services provider’s stock after purchasing an additional 4,860 shares during the quarter.

 

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