Analyst Ratings for Evertec Inc. (EVTC)Updated: 2017-07-27
Shares of Evertec Inc. (NYSE:EVTC) have received a consensus rating of Hold from Wall Street analysts. Last month, EVTC received an average rating of Hold.
A buy rating was issued by 1 analysts, 0 issued an overweight rating, 6 gave a hold rating, 1 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 0 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.
EVTC was given price targets by several analysts. The most optimistic price target was 19, implying a possible profit of 8.88 percent. The most pessimistic price target was 15, which equates to a potential downside of -14.04 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 2.44 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.8 percent in FY estimates.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
EVTC has an estimated earnings growth rate of 50.18 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. EVTC has a PEG ratio of 0.33.
EVTC has traded between a high of 18.60 and a low of 14.15 over the past year. The current market price is above the trailing year's low by 23.32 percent, and 6.18 percent lower than its 52-week high. EVTC has a P/E ratio of 16.46. Investors typically compare the P/E ratio to a company's peers in the industry. The EVTC value stock report compares EVTC to some of its peers using value stock charts. The market cap of EVTC is $1.3 billion. EVTC's next earnings release will be on 0000-00-00, which is days away.