Euronet Worldwide Downgraded to “Neutral” at Zacks (EEFT)
Euronet Worldwide (NASDAQ:EEFT) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Monday. They currently have a $53.00 price objective on the stock. Zacks‘s price objective indicates a potential upside of 6.45% from the stock’s previous close.
Shares of Euronet Worldwide (NASDAQ:EEFT) traded down 2.05% during mid-day trading on Monday, hitting $48.77. 113,488 shares of the company’s stock traded hands. Euronet Worldwide has a 1-year low of $32.62 and a 1-year high of $50.32. The stock’s 50-day moving average is $47.45 and its 200-day moving average is $44.05. The company has a market cap of $2.485 billion and a price-to-earnings ratio of 28.57.
Euronet Worldwide (NASDAQ:EEFT) last released its earnings data on Tuesday, April 29th. The company reported $0.41 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.45 by $0.04. Analysts expect that Euronet Worldwide will post $2.43 EPS for the current fiscal year.
Euronet Worldwide, Inc (NASDAQ:EEFT) is a global electronic payments provider.
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