Brokerages Set Euronet Worldwide, Inc. (NASDAQ:EEFT) Price Target at $96.00

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have been given a consensus rating of “Hold” by the eight analysts that are covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $96.00.

A number of equities research analysts have commented on the stock. Needham & Company LLC dropped their price objective on shares of Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. DA Davidson set a $112.00 target price on shares of Euronet Worldwide in a research note on Thursday, March 5th. Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday. Wolfe Research restated an “underperform” rating and issued a $80.00 price target on shares of Euronet Worldwide in a research note on Thursday, January 8th. Finally, Keefe, Bruyette & Woods decreased their price target on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a report on Friday, February 13th.

Institutional Investors Weigh In On Euronet Worldwide

Several institutional investors have recently added to or reduced their stakes in EEFT. Tudor Investment Corp ET AL purchased a new position in Euronet Worldwide in the third quarter valued at approximately $42,813,000. Vanguard Group Inc. lifted its position in shares of Euronet Worldwide by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 3,767,279 shares of the business services provider’s stock worth $286,728,000 after buying an additional 26,416 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Euronet Worldwide by 933.8% during the 4th quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock worth $151,739,000 after buying an additional 1,800,837 shares during the last quarter. American Century Companies Inc. boosted its holdings in shares of Euronet Worldwide by 29.7% in the 3rd quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock valued at $152,965,000 after buying an additional 399,263 shares in the last quarter. Finally, Reinhart Partners LLC. boosted its holdings in shares of Euronet Worldwide by 24.9% in the 4th quarter. Reinhart Partners LLC. now owns 1,348,340 shares of the business services provider’s stock valued at $102,623,000 after buying an additional 268,542 shares in the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Stock Performance

Shares of Euronet Worldwide stock opened at $64.05 on Friday. Euronet Worldwide has a one year low of $63.73 and a one year high of $114.25. The company has a market cap of $2.52 billion, a PE ratio of 9.24, a P/E/G ratio of 0.51 and a beta of 0.82. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.11. The business has a 50-day simple moving average of $70.28 and a 200-day simple moving average of $75.56.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share for the quarter, missing the consensus estimate of $2.48 by ($0.09). Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same period last year, the business earned $2.08 EPS. The firm’s revenue was up 5.9% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities research analysts forecast that Euronet Worldwide will post 9.11 EPS for the current fiscal year.

About Euronet Worldwide

Euronet Worldwide, Inc is a global financial technology company specializing in electronic payment services and transaction processing. Through its three primary business segments—Electronic Funds Transfer (EFT) Network Services, epay® Prepaid and Payment Services, and Money Transfer—Euronet provides end-to-end solutions that enable secure, efficient and convenient payments for consumers, financial institutions and retailers worldwide.

In its EFT Network Services arm, Euronet operates one of the world’s largest ATM and point-of-sale (POS) terminal networks, offering deployment, management and connectivity services.