Rice Hall James & Associates LLC Lowers Holdings in Euronet Worldwide, Inc. $EEFT

Rice Hall James & Associates LLC decreased its position in Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report) by 6.1% in the fourth quarter, Holdings Channel reports. The firm owned 223,476 shares of the business services provider’s stock after selling 14,533 shares during the period. Rice Hall James & Associates LLC’s holdings in Euronet Worldwide were worth $17,009,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of EEFT. Neo Ivy Capital Management purchased a new stake in Euronet Worldwide during the third quarter worth $1,724,000. Voss Capital LP lifted its holdings in Euronet Worldwide by 66.5% during the third quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock worth $117,665,000 after buying an additional 535,000 shares during the period. Tudor Investment Corp ET AL purchased a new stake in Euronet Worldwide during the third quarter worth $42,813,000. Weitz Investment Management Inc. purchased a new stake in Euronet Worldwide during the fourth quarter worth $12,178,000. Finally, Quantbot Technologies LP purchased a new stake in Euronet Worldwide during the third quarter worth $2,081,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.

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Euronet Worldwide Stock Performance

Shares of EEFT opened at $66.90 on Tuesday. Euronet Worldwide, Inc. has a 12 month low of $62.50 and a 12 month high of $109.53. The stock has a fifty day moving average price of $70.00 and a 200-day moving average price of $71.76. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. The firm has a market cap of $2.55 billion, a PE ratio of 9.65, a P/E/G ratio of 0.52 and a beta of 0.83.

Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $969.68 million. During the same quarter in the prior year, the business posted $1.13 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Equities research analysts predict that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current fiscal year.

Insider Activity at Euronet Worldwide

In other Euronet Worldwide news, Director Thomas A. Mcdonnell acquired 3,000 shares of the firm’s stock in a transaction dated Tuesday, May 26th. The stock was purchased at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the acquisition, the director owned 100,219 shares in the company, valued at approximately $6,701,644.53. This trade represents a 3.09% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 12.19% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on EEFT. DA Davidson lowered their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Needham & Company LLC restated a “buy” rating and set a $85.00 target price on shares of Euronet Worldwide in a report on Friday, May 22nd. Finally, Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $95.00.

Read Our Latest Research Report on EEFT

Euronet Worldwide Company Profile

(Free Report)

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.

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