Value Holdings Management CO. LLC Acquires 35,600 Shares of Euronet Worldwide, Inc. $EEFT

Value Holdings Management CO. LLC boosted its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 56.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 98,123 shares of the business services provider’s stock after buying an additional 35,600 shares during the period. Euronet Worldwide makes up about 1.4% of Value Holdings Management CO. LLC’s investment portfolio, making the stock its 21st largest position. Value Holdings Management CO. LLC’s holdings in Euronet Worldwide were worth $8,616,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of EEFT. ABS Direct Equity Fund LLC grew its stake in shares of Euronet Worldwide by 33.3% in the third quarter. ABS Direct Equity Fund LLC now owns 40,000 shares of the business services provider’s stock worth $3,512,000 after acquiring an additional 10,000 shares during the last quarter. Oak Thistle LLC boosted its holdings in Euronet Worldwide by 262.8% in the 3rd quarter. Oak Thistle LLC now owns 10,042 shares of the business services provider’s stock valued at $882,000 after purchasing an additional 7,274 shares during the period. Corient Private Wealth LLC grew its position in Euronet Worldwide by 20.1% in the 2nd quarter. Corient Private Wealth LLC now owns 4,099 shares of the business services provider’s stock worth $416,000 after purchasing an additional 686 shares during the last quarter. Texas Permanent School Fund Corp increased its holdings in shares of Euronet Worldwide by 0.8% during the 2nd quarter. Texas Permanent School Fund Corp now owns 26,926 shares of the business services provider’s stock worth $2,730,000 after purchasing an additional 202 shares during the period. Finally, Osaic Holdings Inc. increased its holdings in shares of Euronet Worldwide by 6.7% during the 2nd quarter. Osaic Holdings Inc. now owns 4,169 shares of the business services provider’s stock worth $423,000 after purchasing an additional 260 shares during the period. 91.60% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on EEFT. Weiss Ratings reissued a “hold (c-)” rating on shares of Euronet Worldwide in a research report on Monday. Keefe, Bruyette & Woods reduced their price objective on Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating for the company in a research report on Friday, October 24th. Oppenheimer lowered their price objective on Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating on the stock in a research report on Friday, October 17th. Wall Street Zen cut Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday, October 18th. Finally, Needham & Company LLC lowered their price target on shares of Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $117.60.

Euronet Worldwide Trading Up 0.1%

Shares of EEFT opened at $77.02 on Friday. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.84. The stock has a market cap of $3.24 billion, a PE ratio of 11.28, a PEG ratio of 0.67 and a beta of 0.86. Euronet Worldwide, Inc. has a 1 year low of $68.56 and a 1 year high of $114.25. The stock has a 50 day simple moving average of $76.59 and a 200-day simple moving average of $90.11.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings results on Thursday, October 23rd. The business services provider reported $3.62 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the firm earned $3.03 EPS. Euronet Worldwide’s quarterly revenue was up 4.2% on a year-over-year basis. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. On average, sell-side analysts predict that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal 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.