EVERTEC Inc. (NYSE:EVTC) shares fell to a low of $37.66 before closing at $37.96. Intraday shares traded counted 0.3 million, which was 22.15% higher than its 30-day average trading volume of 383.61K. EVTC’s previous close was $38.29 while the outstanding shares total 71.89M. The firm has a beta of 1.09, a 12-month trailing P/E ratio of 28.52, and a growth ratio of 3.38. The stock’s Relative Strength Index (RSI) is 51.13, with weekly volatility at 2.14% and ATR at 1.02. The EVTC stock’s 52-week price range has touched low of $18.21 and a $42.35 high. The stock traded lower over the last trading session, losing -0.86% on 02/16/21.
Investors have identified the Software – Infrastructure company EVERTEC Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $2.76 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
EVERTEC Inc. (EVTC) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For EVTC, the company has in raw cash 162.2 million on their books with 14.25 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 318.88 million total, with 137.56 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 2.13 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on EVTC sounds very interesting.
Is the stock of EVTC attractive?
In related news, EVP & COO, Steurer Philip E. sold 30,000 shares of the company’s stock in a transaction that recorded on Jan 19. The sale was performed at an average price of 38.57, for a total value of 1,157,100. As the sale deal closes, the Executive Vice President, Perez-Surillo Paola now sold 12,955 shares of the company’s stock, valued at 496,824. Also, Executive Vice President, Vizcarrondo Miguel sold 25,000 shares of the company’s stock in a deal that was recorded on Jan 04. The shares were price at an average price of 37.98 per share, with a total market value of 949,500. Following this completion of acquisition, the President & CEO, Schuessler Morgan M now holds 72,784 shares of the company’s stock, valued at 2,892,436. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
3 out of 7 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on EVERTEC Inc.. 0 analysts has assigned a Sell rating on the EVTC stock. The 12-month mean consensus price target for the company’s shares has been set at $36.43.