Euronet Worldwide, Inc. (NASDAQ:EEFT) Given Average Rating of “Hold” by Analysts

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have been given an average rating of “Hold” by the seven ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $95.00.

EEFT has been the topic of several analyst reports. DA Davidson lowered their target price on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Needham & Company LLC restated 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 upgraded Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, June 30th.

Euronet Worldwide Stock Up 1.3%

Shares of NASDAQ:EEFT traded up $0.99 during trading on Tuesday, reaching $78.95. 66,478 shares of the company traded hands, compared to its average volume of 698,704. The firm has a market cap of $3.01 billion, a P/E ratio of 11.41, a price-to-earnings-growth ratio of 0.60 and a beta of 0.83. Euronet Worldwide has a 1-year low of $62.50 and a 1-year high of $107.91. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29. The firm has a fifty day simple moving average of $69.60 and a 200 day simple moving average of $71.22.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $969.68 million. During the same quarter in the previous year, the company posted $1.13 earnings per share. The business’s quarterly revenue 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. Analysts anticipate that Euronet Worldwide will post 9.83 earnings per share for the current fiscal year.

Insider Activity at Euronet Worldwide

In related news, Director Thomas A. Mcdonnell bought 3,000 shares of Euronet Worldwide stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the completion of the purchase, the director owned 100,219 shares in the company, valued at approximately $6,701,644.53. This represents a 3.09% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 12.19% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Tudor Investment Corp ET AL bought a new position in shares of Euronet Worldwide during the 3rd quarter worth about $42,813,000. Bank of Montreal Can boosted its holdings in shares of Euronet Worldwide by 933.8% in 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 acquiring an additional 1,800,837 shares in the last quarter. AQR Capital Management LLC boosted its stake in Euronet Worldwide by 131.9% in the second quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock worth $132,632,000 after purchasing an additional 744,040 shares in the last quarter. Turtle Creek Asset Management Inc. grew its holdings in Euronet Worldwide by 44.9% during the 1st quarter. Turtle Creek Asset Management Inc. now owns 1,847,040 shares of the business services provider’s stock worth $122,588,000 after acquiring an additional 572,194 shares during the last quarter. Finally, Voss Capital LP grew its stake in shares of 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 valued at $117,665,000 after purchasing an additional 535,000 shares during the last quarter. 91.60% of the stock is owned by institutional investors.

Euronet Worldwide Company 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.