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Evertec ( (EVTC) ) has issued an announcement.
On July 30, 2025, Evertec‘s Board of Directors approved an increase in the company’s share repurchase authorization, allowing for the repurchase of up to $150 million worth of shares by December 31, 2026. This decision follows a strong second quarter where Evertec reported an 8% increase in revenue to $229.6 million and a 27% rise in GAAP net income to $40.5 million. The company also raised its full-year financial outlook, reflecting confidence in continued organic growth and successful pricing initiatives. The increased share repurchase program and positive financial results are likely to enhance Evertec’s market positioning and provide value to its stakeholders.
The most recent analyst rating on (EVTC) stock is a Buy with a $42.00 price target. To see the full list of analyst forecasts on Evertec stock, see the EVTC Stock Forecast page.
Spark’s Take on EVTC Stock
According to Spark, TipRanks’ AI Analyst, EVTC is a Outperform.
Evertec’s strong financial performance and positive earnings call outlook are the primary drivers of the stock score. While the technical indicators suggest a neutral to slightly bearish trend, the valuation is fair. The company’s strong revenue growth and profitability trends outweigh the leverage and external challenges highlighted.
To see Spark’s full report on EVTC stock, click here.
More about Evertec
EVERTEC, Inc. is a leading full-service transaction processor and financial technology provider operating in Latin America, Puerto Rico, and the Caribbean. The company offers a wide range of services including merchant acquiring, payment services, and business process management. EVERTEC owns and operates the ATH® network, a prominent PIN debit network in Latin America, and provides technology solutions for core banking, cash processing, and fulfillment in Puerto Rico.
Average Trading Volume: 315,834
Technical Sentiment Signal: Sell
Current Market Cap: $2.12B
For a thorough assessment of EVTC stock, go to TipRanks’ Stock Analysis page.