Recent News
On April 29, 2026 the company issued a press release and filed an 8-K announcing first-quarter results and an increased quarterly cash dividend of $0.89 per share. The Board declared the dividend on April 28, 2026, with a record date of May 29, 2026 and a payment date of June 12, 2026. Evercore scheduled its sixth annual Consumer & Retail Conference for June 9–11, 2026 and called a virtual annual meeting for June 10, 2026.
Technical Analysis
ADX registers 9.1, indicating no established trend; that low strength tempers the bullish implications coming from directional indicators and suggests near-term consolidation is more likely than a strong breakout.
DI+ shows a dip & reversal and DI- shows a peak & reversal—both readings resolve to bullish directional signals under standard interpretation. Given the low ADX, these bullish DI readings imply directional bias without strong trend conviction, so momentum confirmation remains necessary to translate bias into sustained gains.
MACD reads 3.51 against a signal line of 3.59 and exhibits a dip & reversal. Momentum shows improvement but no bullish crossover yet; the lack of a MACD-above-signal crossover keeps immediate bullish momentum unconfirmed despite the improving MACD trend.
MRO sits at -13.04 with a decreasing trend. The negative MRO indicates price sits below the model target and therefore suggests upside potential; the negative reading materially supports a scenario where mean reversion toward intrinsic target can apply pressure toward higher prices if other momentum cues align.
RSI at 53.93 with a peak & reversal trend warns of a short-term stall or pullback risk after a recent run; this peak behavior increases the chance of sideways-to-lower price action unless momentum indicators flip decisively bullish.
Price closed at $340.78, above the 200-day average ($327.47) but below the 20-day average ($344.32) and the 12-day EMA ($343.47, which shows a peak & reversal). The mixed placement—above the long-term average but below near-term averages—supports a consolidation-biased outlook with a bullish structural backdrop if short-term EMAs resume upward slope.
Ichimoku levels (Tenkan 346.27; Kijun 336.32; Senkou A 332.26; Senkou B 318.14) place price above the cloud, providing a constructive context for trend continuation should short-term momentum recover. Bollinger bands place the close between the 1x bands (lower ~ $339.11; upper ~ $349.53), implying limited near-term volatility expansion absent an exogenous catalyst.
Volume at 432,038 slightly exceeds the 10-day average but remains below 50- and 200-day averages, indicating muted conviction behind recent moves. Short-term beta (42-day 1.47) and 52-week beta (1.80) indicate above-market sensitivity if broader markets move.
Fundamental Analysis
Earnings: Reported EPS came in at $7.53 versus an estimate of $5.43, a $2.10 beat and an EPS surprise ratio of 38.67%. Forward EPS sits at $5.75 with a forward P/E of 54.17, reflecting elevated forward multiple expectations relative to current earnings power. Free cash flow remained negative at -$228,966,000 and free cash flow yield equals -1.82%.
Profitability and returns show strength: return on assets equals 6.23% and return on equity equals 16.90%, both above the industry peer mean values provided (ROA industry peer mean 0.675%; ROE industry peer mean 4.768%), indicating superior capital efficiency and equity returns versus peers.
Valuation multiples: trailing P/E equals 43.19, below the industry peer mean P/E of 108.70 and below the peer median; price-to-book equals 7.06, above the industry peer mean book multiple of 4.6719 and above the peer median. The PEG ratio stands at 0.92, above the industry peer mean and median reported (which were negative), suggesting earnings growth expectations compress the traditional PEG comparison dynamics.
Revenue and growth metrics show mixed signals: reported revenue growth measures include revenue growth at 24.01% (raw value 0.24006) and other year-over-year figures flagged in the dataset; earnings growth YoY registers strongly positive at 18.94% while earnings QoQ showed a modest decline. Asset turnover equals 0.2877, above the industry peer mean of 0.0583, supporting relatively efficient asset utilization.
Balance sheet and liquidity: cash equals $1.184B, total debt $1.098B, debt-to-equity 0.6163, and debt-to-assets 0.2546 (near the higher end of the peer range provided). Dividend metrics: dividend rate $1.287 and a dividend payout ratio of 16.53%, with dividend coverage about 6.05x.
WMDST values the stock as fair-valued. The combination of a strong earnings beat, above-peer returns, negative free cash flow, and mixed revenue signals yields a balanced fundamental picture that supports the fair-valued determination while leaving upside tied to cash-flow recovery and sustained fee/transaction volumes.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2026-03-31 |
| REPORT DATE: | 2026-04-29 |
| NEXT REPORT DATE: | 2026-07-29 |
| CASH FLOW | Begin Period Cash Flow | $ 1.4 B |
| Operating Cash Flow | $ -225.86 M | |
| Capital Expenditures | $ -3.10 M | |
| Change In Working Capital | $ -779.58 M | |
| Dividends Paid | $ -49.79 M | |
| Cash Flow Delta | $ -440.05 M | |
| End Period Cash Flow | $ 996.1 M | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 1.4 B | |
| Forward Revenue | $ 256.9 M | |
| COSTS | ||
| Cost Of Revenue | — | |
| Depreciation | $ 13.7 M | |
| Depreciation and Amortization | $ 13.7 M | |
| Research and Development | — | |
| Total Operating Expenses | — | |
| PROFITABILITY | ||
| Gross Profit | — | |
| EBITDA | — | |
| EBIT | — | |
| Operating Income | — | |
| Interest Income | — | |
| Interest Expense | $ 8.9 M | |
| Net Interest Income | $ -8.89 M | |
| Income Before Tax | $ 331.8 M | |
| Tax Provision | $ 9.1 M | |
| Tax Rate | 2.729 % | |
| Net Income | $ 301.2 M | |
| Net Income From Continuing Operations | $ 322.7 M | |
| EARNINGS | ||
| EPS Estimate | $ 5.43 | |
| EPS Actual | $ 7.53 | |
| EPS Difference | $ 2.10 | |
| EPS Surprise | 38.674 % | |
| Forward EPS | $ 5.75 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 4.3 B | |
| Intangible Assets | $ 253.3 M | |
| Net Tangible Assets | $ 1.5 B | |
| Total Current Assets | — | |
| Cash and Short-Term Investments | — | |
| Cash | $ 1.2 B | |
| Net Receivables | $ 546.6 M | |
| Inventory | — | |
| Long-Term Investments | — | |
| LIABILITIES | ||
| Accounts Payable | $ 39.1 M | |
| Short-Term Debt | — | |
| Total Current Liabilities | — | |
| Net Debt | — | |
| Total Debt | $ 1.1 B | |
| Total Liabilities | $ 2.2 B | |
| EQUITY | ||
| Total Equity | $ 1.8 B | |
| Retained Earnings | $ 2.8 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 46.08 | |
| Shares Outstanding | 38.677 M | |
| Revenue Per-Share | $ 35.98 | |
| VALUATION | Market Capitalization | $ 12.6 B |
| Enterprise Value | $ 13.7 B | |
| Enterprise Multiple | — | |
| Enterprise Multiple QoQ | — | |
| Enterprise Multiple YoY | — | |
| Enterprise Multiple IPRWA | — | |
| EV/R | 9.828 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 2.421 | |
| Asset To Liability | 1.938 | |
| Debt To Capital | 0.381 | |
| Debt To Assets | 0.255 | |
| Debt To Assets QoQ | 18.086 % | |
| Debt To Assets YoY | -10.784 % | |
| Debt To Assets IPRWA | high: 0.306 EVR: 0.255 mean: 0.09 low: 0.035 median: 0.035 |
|
| Debt To Equity | 0.616 | |
| Debt To Equity QoQ | 8.397 % | |
| Debt To Equity YoY | -0.525 % | |
| Debt To Equity IPRWA | high: 0.806 EVR: 0.616 mean: 0.107 median: 0.002 low: -1.177 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 7.058 | |
| Price To Book QoQ | 7.947 % | |
| Price To Book YoY | 28.64 % | |
| Price To Book IPRWA | high: 9.545 EVR: 7.058 median: 5.668 mean: 4.672 low: -9.029 |
|
| Price To Earnings (P/E) | 43.189 | |
| Price To Earnings QoQ | -35.746 % | |
| Price To Earnings YoY | -29.51 % | |
| Price To Earnings IPRWA | high: 395.831 median: 118.435 mean: 108.696 low: 62.225 EVR: 43.189 |
|
| PE/G Ratio | 0.923 | |
| Price To Sales (P/S) | 9.039 | |
| Price To Sales QoQ | -12.339 % | |
| Price To Sales YoY | -24.022 % | |
| Price To Sales IPRWA | high: 14.538 median: 11.964 mean: 11.339 EVR: 9.039 low: 2.303 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 54.17 | |
| Forward PE/G | 1.158 | |
| Forward P/S | 48.928 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | — | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.288 | |
| Asset Turnover Ratio QoQ | 9.224 % | |
| Asset Turnover Ratio YoY | 54.16 % | |
| Asset Turnover Ratio IPRWA | EVR: 0.288 high: 0.214 mean: 0.058 low: 0.013 median: 0.013 |
|
| Receivables Turnover | 2.525 | |
| Receivables Turnover Ratio QoQ | 5.741 % | |
| Receivables Turnover Ratio YoY | 61.809 % | |
| Receivables Turnover Ratio IPRWA | high: 5.389 EVR: 2.525 mean: 1.158 low: 0.03 median: 0.03 |
|
| Inventory Turnover | — | |
| Inventory Turnover Ratio QoQ | — | |
| Inventory Turnover Ratio YoY | — | |
| Inventory Turnover Ratio IPRWA | — | |
| Days Sales Outstanding (DSO) | 36.143 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | — | |
| Cash Conversion Cycle Days QoQ | — | |
| Cash Conversion Cycle Days YoY | — | |
| Cash Conversion Cycle Days IPRWA | — | |
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | — | |
| CapEx To Revenue | -0.002 | |
| CapEx To Depreciation | -0.226 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 2.3 B | |
| Net Invested Capital | $ 2.3 B | |
| Invested Capital | $ 2.3 B | |
| Net Tangible Assets | $ 1.5 B | |
| Net Working Capital | — | |
| LIQUIDITY | ||
| Cash Ratio | — | |
| Current Ratio | — | |
| Current Ratio QoQ | — | |
| Current Ratio YoY | — | |
| Current Ratio IPRWA | — | |
| Quick Ratio | — | |
| Quick Ratio QoQ | — | |
| Quick Ratio YoY | — | |
| Quick Ratio IPRWA | — | |
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | — | |
| Cost Of Debt | 0.543 % | |
| Interest Coverage Ratio | — | |
| Interest Coverage Ratio QoQ | — | |
| Interest Coverage Ratio YoY | — | |
| Interest Coverage Ratio IPRWA | — | |
| Operating Cash Flow Ratio | — | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | — | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 6.05 | |
| Dividend Payout Ratio | 0.165 | |
| Dividend Rate | $ 1.29 | |
| Dividend Yield | 0.004 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | -19.481 % | |
| Revenue Growth | 24.006 % | |
| Revenue Growth QoQ | -2.383 % | |
| Revenue Growth YoY | -183.47 % | |
| Revenue Growth IPRWA | high: 40.347 % EVR: 24.006 % mean: 0.599 % median: -3.395 % low: -34.463 % |
|
| Earnings Growth | 46.784 % | |
| Earnings Growth QoQ | -7.248 % | |
| Earnings Growth YoY | 1894.203 % | |
| Earnings Growth IPRWA | EVR: 46.784 % high: -7.692 % median: -7.692 % mean: -18.768 % low: -70.588 % |
|
| MARGINS | ||
| Gross Margin | — | |
| Gross Margin QoQ | — | |
| Gross Margin YoY | — | |
| Gross Margin IPRWA | — | |
| EBIT Margin | — | |
| EBIT Margin QoQ | — | |
| EBIT Margin YoY | — | |
| EBIT Margin IPRWA | — | |
| Return On Sales (ROS) | — | |
| Return On Sales QoQ | — | |
| Return On Sales YoY | — | |
| Return On Sales IPRWA | — | |
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ -228.97 M | |
| Free Cash Flow Yield | -1.82 % | |
| Free Cash Flow Yield QoQ | -130.273 % | |
| Free Cash Flow Yield YoY | -73.573 % | |
| Free Cash Flow Yield IPRWA | high: 11.325 % median: 11.325 % mean: 3.966 % EVR: -1.82 % low: -18.535 % |
|
| Free Cash Growth | -128.671 % | |
| Free Cash Growth QoQ | -370.966 % | |
| Free Cash Growth YoY | -30.292 % | |
| Free Cash Growth IPRWA | EVR: -128.671 % high: -140.451 % mean: -189.736 % median: -205.815 % low: -217.577 % |
|
| Free Cash To Net Income | -0.76 | |
| Cash Flow Margin | 22.901 % | |
| Cash Flow To Earnings | 1.058 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 6.229 % | |
| Return On Assets QoQ | 49.341 % | |
| Return On Assets YoY | 58.62 % | |
| Return On Assets IPRWA | EVR: 6.229 % high: 2.763 % mean: 0.675 % median: 0.127 % low: -0.546 % |
|
| Return On Capital Employed (ROCE) | — | |
| Return On Equity (ROE) | 0.169 | |
| Return On Equity QoQ | 68.383 % | |
| Return On Equity YoY | 74.214 % | |
| Return On Equity IPRWA | EVR: 0.169 high: 0.079 median: 0.048 mean: 0.048 low: -0.022 |
|
| DuPont ROE | 15.798 % | |
| Return On Invested Capital (ROIC) | — | |
| Return On Invested Capital QoQ | — | |
| Return On Invested Capital YoY | — | |
| Return On Invested Capital IPRWA | — | |