American Century Companies Inc. Buys 399,263 Shares of Euronet Worldwide, Inc. $EEFT

American Century Companies Inc. raised its position in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 29.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,741,996 shares of the business services provider’s stock after buying an additional 399,263 shares during the quarter. American Century Companies Inc.’s holdings in Euronet Worldwide were worth $152,965,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the stock. AQR Capital Management LLC increased its stake in Euronet Worldwide by 131.9% in the second quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock valued at $132,632,000 after acquiring an additional 744,040 shares during the last quarter. Burgundy Asset Management Ltd. boosted its stake in shares of Euronet Worldwide by 3.9% during the second quarter. Burgundy Asset Management Ltd. now owns 1,217,631 shares of the business services provider’s stock valued at $123,443,000 after purchasing an additional 46,205 shares in the last quarter. Van Berkom & Associates Inc. grew its holdings in Euronet Worldwide by 7.0% during the 3rd quarter. Van Berkom & Associates Inc. now owns 1,105,348 shares of the business services provider’s stock worth $97,061,000 after acquiring an additional 72,138 shares during the last quarter. Reinhart Partners LLC. increased its holdings in Euronet Worldwide by 20.3% in the third quarter. Reinhart Partners LLC. now owns 1,079,798 shares of the business services provider’s stock valued at $94,818,000 after purchasing an additional 181,888 shares during the period. Finally, New South Capital Management Inc. lifted its stake in shares of Euronet Worldwide by 19.9% in the third quarter. New South Capital Management Inc. now owns 853,542 shares of the business services provider’s stock worth $74,950,000 after acquiring an additional 141,655 shares during the period. 91.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EEFT has been the subject of several recent analyst reports. Monness Crespi & Hardt cut shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a research report on Monday, January 5th. Weiss Ratings upgraded shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, February 17th. Needham & Company LLC cut their price target on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. DA Davidson reissued a “buy” rating and set a $112.00 price target on shares of Euronet Worldwide in a research report on Tuesday, February 17th. Finally, Wolfe Research reiterated an “underperform” rating and set a $80.00 price target on shares of Euronet Worldwide in a report on Thursday, January 8th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $96.00.

Euronet Worldwide Stock Performance

NASDAQ:EEFT opened at $69.55 on Monday. The business’s fifty day moving average is $73.20 and its 200 day moving average is $79.60. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.11. Euronet Worldwide, Inc. has a 52-week low of $64.34 and a 52-week high of $114.25. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 10.04, a PEG ratio of 0.55 and a beta of 0.80.

Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.09). Euronet Worldwide had a return on equity of 27.22% and a net margin of 7.33%.The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. During the same period last year, the company posted $2.08 EPS. The business’s revenue was up 5.9% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Research analysts predict that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Euronet Worldwide 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.