GABELLI & Co INVESTMENT ADVISERS INC. Acquires New Position in Euronet Worldwide, Inc. $EEFT

GABELLI & Co INVESTMENT ADVISERS INC. acquired a new stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,441 shares of the business services provider’s stock, valued at approximately $947,000.

A number of other institutional investors have also modified their holdings of the business. Geneos Wealth Management Inc. grew its position in shares of Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after buying an additional 109 shares during the last quarter. Evergreen Capital Management LLC grew its position in Euronet Worldwide by 0.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider’s stock worth $3,450,000 after purchasing an additional 129 shares during the last quarter. Northwestern Mutual Investment Management Company LLC grew its position in Euronet Worldwide by 1.8% in the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 8,748 shares of the business services provider’s stock worth $666,000 after purchasing an additional 158 shares during the last quarter. Oppenheimer Asset Management Inc. grew its position in Euronet Worldwide by 1.5% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 10,817 shares of the business services provider’s stock worth $823,000 after purchasing an additional 164 shares during the last quarter. Finally, Arizona State Retirement System grew its position in Euronet Worldwide by 1.4% in the 3rd quarter. Arizona State Retirement System now owns 12,146 shares of the business services provider’s stock worth $1,067,000 after purchasing an additional 168 shares during the last quarter. Institutional investors own 91.60% of the company’s stock.

Analyst Ratings Changes

EEFT has been the subject of several recent analyst reports. Keefe, Bruyette & Woods decreased their target price on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research report on Friday, February 13th. Weiss Ratings cut shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. DA Davidson decreased their target price on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, Needham & Company LLC upped their target price on shares of Euronet Worldwide from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Euronet Worldwide presently has a consensus rating of “Hold” and a consensus price target of $95.00.

Euronet Worldwide Stock Performance

Shares of NASDAQ:EEFT opened at $66.08 on Monday. The company has a 50 day moving average of $70.43 and a 200-day moving average of $72.45. The firm has a market cap of $2.52 billion, a P/E ratio of 9.54, a P/E/G ratio of 0.52 and a beta of 0.83. Euronet Worldwide, Inc. has a twelve month low of $63.73 and a twelve month high of $114.25. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29.

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

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.