Choreo LLC Has $722,000 Stock Holdings in Euronet Worldwide, Inc. $EEFT

Choreo LLC increased its position in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 39.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,120 shares of the business services provider’s stock after buying an additional 2,010 shares during the quarter. Choreo LLC’s holdings in Euronet Worldwide were worth $722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in Euronet Worldwide by 248.7% during the 2nd quarter. Allworth Financial LP now owns 265 shares of the business services provider’s stock worth $27,000 after acquiring an additional 189 shares during the last quarter. Elequin Capital LP bought a new position in shares of Euronet Worldwide during the first quarter valued at $30,000. Geneos Wealth Management Inc. lifted its holdings in shares of Euronet Worldwide by 48.4% during the first 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 during the period. Atwood & Palmer Inc. lifted its holdings in shares of Euronet Worldwide by 43.7% during the second quarter. Atwood & Palmer Inc. now owns 431 shares of the business services provider’s stock worth $44,000 after purchasing an additional 131 shares during the period. Finally, True Wealth Design LLC grew its stake in shares of Euronet Worldwide by 106.4% in the second quarter. True Wealth Design LLC now owns 450 shares of the business services provider’s stock worth $46,000 after purchasing an additional 232 shares during the last quarter. Institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Stock Up 0.6%

Shares of Euronet Worldwide stock opened at $74.52 on Tuesday. The stock’s 50-day moving average is $79.80 and its 200 day moving average is $93.01. Euronet Worldwide, Inc. has a one year low of $68.56 and a one year high of $114.25. The firm has a market cap of $3.13 billion, a price-to-earnings ratio of 10.91, a PEG ratio of 0.63 and a beta of 1.20. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.15.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Thursday, October 23rd. The business services provider reported $3.62 earnings per share for the quarter, topping analysts’ consensus estimates of $3.58 by $0.04. The business had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.20 billion. Euronet Worldwide had a return on equity of 27.63% and a net margin of 7.27%.The firm’s revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the previous year, the company posted $3.03 earnings per share. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. Equities research analysts anticipate that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on EEFT. DA Davidson reaffirmed a “buy” rating and set a $130.00 target price on shares of Euronet Worldwide in a research report on Friday, September 12th. Wall Street Zen cut Euronet Worldwide from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. Oppenheimer cut their price objective on Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating on the stock in a research note on Friday, October 17th. Needham & Company LLC reduced their target price on Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Euronet Worldwide in a report on Tuesday, November 25th. Five research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Euronet Worldwide has an average rating of “Moderate Buy” and a consensus target price of $117.60.

Euronet Worldwide Profile

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services.