Euronet Worldwide, Inc. (NASDAQ:EEFT) Receives $117.60 Average Price Target from Brokerages

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $117.60.

A number of analysts have recently weighed in on EEFT shares. Needham & Company LLC lowered their target price on Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Keefe, Bruyette & Woods decreased their price objective on shares of Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Oppenheimer dropped their target price on shares of Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating for the company in a research note on Friday, October 17th. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. Finally, Wall Street Zen lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a report on Saturday, October 18th.

Euronet Worldwide Stock Performance

NASDAQ:EEFT opened at $78.35 on Friday. The stock has a market capitalization of $3.29 billion, a P/E ratio of 11.47, a price-to-earnings-growth ratio of 0.69 and a beta of 0.86. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.84. Euronet Worldwide has a 1 year low of $68.56 and a 1 year high of $114.25. The firm has a 50 day moving average of $76.31 and a 200-day moving average of $89.39.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings results on Thursday, October 23rd. The business services provider reported $3.62 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.04. Euronet Worldwide had a return on equity of 27.63% and a net margin of 7.27%.The business had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the company earned $3.03 EPS. Euronet Worldwide’s revenue for the quarter was up 4.2% on a year-over-year basis. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. As a group, sell-side analysts anticipate that Euronet Worldwide will post 9.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Euronet Worldwide

A number of institutional investors and hedge funds have recently made changes to their positions in the company. LRI Investments LLC boosted its stake in shares of Euronet Worldwide by 26.7% in the 2nd quarter. LRI Investments LLC now owns 1,540 shares of the business services provider’s stock valued at $156,000 after purchasing an additional 325 shares during the last quarter. American Century Companies Inc. lifted its holdings in Euronet Worldwide by 20.4% in the second quarter. American Century Companies Inc. now owns 1,342,733 shares of the business services provider’s stock valued at $136,126,000 after buying an additional 227,597 shares during the period. Prudential Financial Inc. boosted its stake in Euronet Worldwide by 80.3% in the second quarter. Prudential Financial Inc. now owns 98,147 shares of the business services provider’s stock valued at $9,950,000 after acquiring an additional 43,710 shares during the last quarter. Savant Capital LLC boosted its stake in Euronet Worldwide by 215.0% in the second quarter. Savant Capital LLC now owns 20,624 shares of the business services provider’s stock valued at $2,091,000 after acquiring an additional 14,076 shares during the last quarter. Finally, Nisa Investment Advisors LLC grew its holdings in Euronet Worldwide by 145.6% during the 2nd quarter. Nisa Investment Advisors LLC now owns 27,252 shares of the business services provider’s stock worth $2,763,000 after acquiring an additional 16,155 shares during the period. Institutional investors own 91.60% of the company’s stock.

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.