Investors Asset Management of Georgia Inc. GA ADV purchased a new position in Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 93,011 shares of the business services provider’s stock, valued at approximately $7,079,000. Euronet Worldwide makes up approximately 2.9% of Investors Asset Management of Georgia Inc. GA ADV’s investment portfolio, making the stock its 6th biggest holding. Investors Asset Management of Georgia Inc. GA ADV owned about 0.22% of Euronet Worldwide as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Johnson Financial Group Inc. purchased a new stake in Euronet Worldwide in the 3rd quarter worth $26,000. Danske Bank A S purchased a new stake in Euronet Worldwide in the 3rd quarter worth $26,000. Geneos Wealth Management Inc. lifted its stake in Euronet Worldwide by 48.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after purchasing an additional 109 shares in the last quarter. First Horizon Corp purchased a new stake in Euronet Worldwide in the 3rd quarter worth $36,000. Finally, Abich Financial Wealth Management LLC purchased a new stake in Euronet Worldwide in the 3rd quarter worth $37,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on EEFT. Keefe, Bruyette & Woods decreased their price target on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research note on Friday, February 13th. Needham & Company LLC boosted their price target on shares of Euronet Worldwide from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. DA Davidson decreased their price target on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Weiss Ratings downgraded shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Euronet Worldwide presently has a consensus rating of “Hold” and an average price target of $95.00.
Euronet Worldwide Price Performance
Euronet Worldwide stock opened at $69.98 on Wednesday. The stock has a market cap of $2.66 billion, a price-to-earnings ratio of 10.10, a price-to-earnings-growth ratio of 0.54 and a beta of 0.83. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. Euronet Worldwide, Inc. has a 1 year low of $63.73 and a 1 year high of $114.25. The firm has a 50-day moving average of $70.72 and a two-hundred day moving average of $72.75.
Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.16. The company had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The firm’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the previous year, the company earned $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, research analysts forecast that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current year.
Euronet Worldwide Profile
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.
Further Reading
- Five stocks we like better than Euronet Worldwide
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
