Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Evertec Inc before investing.

In this article, we go over a few key elements for understanding Evertec Inc’s stock price such as:

• Evertec Inc’s current stock price and volume
• Why Evertec Inc’s stock price changed recently
• Upgrades and downgrades for EVTC from analysts
• EVTC’s stock price momentum as measured by its relative strength

About Evertec Inc (EVTC)

Before we jump into Evertec Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

EVERTEC, Inc. is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. It offers a range of services for core bank processing, cash processing and technology outsourcing. It owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. It serves a range of financial institutions, merchants, corporations and government agencies with solutions that enable them to issue, process and accept transactions securely. The Company's range of services spans the entire transaction processing value chain and includes a range of front-end customer-facing solutions.

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Evertec Inc’s Stock Price as of Market Close

As of September 05, 2024, 4:00 PM, CST, Evertec Inc’s stock price was $31.95.

Evertec Inc is down 5.28% from its previous closing price of $33.73.

During the last market session, Evertec Inc’s stock traded between $33.22 and $33.85. Currently, there are 64.42 million shares of Evertec Inc stock available for purchase.

Evertec Inc’s price-earnings (P/E) ratio is currently at 31.9, which is high compared to the Business Support Services industry median of 22.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Evertec Inc Stock Price History

Evertec Inc’s (EVTC) price is currently down 6.72% so far this month.

During the month of September, Evertec Inc’s stock price has reached a high of $34.32 and a low of $31.21.

Over the last year, Evertec Inc has hit prices as high as $42.21 and as low as $28.76. Year to date, Evertec Inc’s stock is down 1.33%.

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What Caused Evertec Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 04, 2024, there were 2 analysts who downgraded Evertec Inc’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Evertec Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Evertec Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Evertec Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Evertec Inc (EVTC) by visiting AAII Stock Evaluator.

Relative Price Strength of Evertec Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 04, 2024, Evertec Inc has a weighted four-quarter relative price strength of -6.74%, which translates to a Momentum Score of 40 and is considered to be Weak.

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Evertec Inc Stock Price: Bottom Line

As of September 5, 2024, Evertec Inc’s stock price is $31.95, which is down 5.28% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Evertec Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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