Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT – Get Free Report) have received an average rating of “Hold” from the seven brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $95.00.
A number of equities analysts have recently issued reports on the company. DA Davidson lowered their price objective on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Euronet Worldwide in a research note on Friday, May 22nd. Finally, Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd.
Check Out Our Latest Research Report on EEFT
Insider Activity at Euronet Worldwide
Hedge Funds Weigh In On Euronet Worldwide
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Tudor Investment Corp ET AL acquired a new position in shares of Euronet Worldwide in the third quarter worth approximately $42,813,000. Vanguard Group Inc. increased its holdings in Euronet Worldwide by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 3,767,279 shares of the business services provider’s stock worth $286,728,000 after purchasing an additional 26,416 shares in the last quarter. Bank of Montreal Can increased its holdings in Euronet Worldwide by 933.8% in the fourth quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock worth $151,739,000 after purchasing an additional 1,800,837 shares in the last quarter. Turtle Creek Asset Management Inc. lifted its stake in Euronet Worldwide by 44.9% in the first quarter. Turtle Creek Asset Management Inc. now owns 1,847,040 shares of the business services provider’s stock valued at $122,588,000 after buying an additional 572,194 shares during the period. Finally, American Century Companies Inc. lifted its stake in Euronet Worldwide by 29.7% in the third 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 during the period. 91.60% of the stock is owned by institutional investors and hedge funds.
Euronet Worldwide Price Performance
Euronet Worldwide stock opened at $65.89 on Friday. 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 company has a market capitalization of $2.51 billion, a PE ratio of 9.51, a P/E/G ratio of 0.52 and a beta of 0.82. Euronet Worldwide has a 12 month low of $62.50 and a 12 month high of $107.91. The stock has a 50-day moving average price of $70.08 and a two-hundred day moving average price of $71.61.
Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last posted its earnings results 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. The firm had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $969.68 million. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The business’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period last year, the company earned $1.13 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Analysts expect that Euronet Worldwide will post 9.83 EPS for the current 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.
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