Euronet Worldwide Inc. Hits New 52-Week High at $39.40 (EEFT)
Shares of Euronet Worldwide (NASDAQ:EEFT) hit a new 52-week high during trading on Monday, American Banking and Market News reports. The stock traded as high as $39.40 and last traded at $39.40, with a volume of 118,385 shares trading hands. The stock had previously closed at $38.60.
Separately, analysts at Piper Jaffray Cos. reiterated an “overweight” rating on shares of Euronet Worldwide (NASDAQ:EEFT) in a research note to investors on Monday. They now have a $44.00 price target on the stock, up previously from $39.00.
Euronet Worldwide has a 1-year low of $18.46 and a 1-year high of $38.63. The stock has a 50-day moving average of $36.81 and a 200-day moving average of $32.23. The company has a market cap of $1.996 billion and a P/E ratio of 62.46.
Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Wednesday, July 24th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The company had revenue of $341.50 million for the quarter, compared to the consensus estimate of $340.28 million. On average, analysts predict that Euronet Worldwide will post $1.96 earnings per share for the current fiscal year.
Euronet Worldwide, Inc (NASDAQ:EEFT) is a global electronic payments provider.
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