Euronet Worldwide, Inc. (NASDAQ:EEFT) Receives Average Rating of “Hold” from Brokerages

Euronet Worldwide, Inc. (NASDAQ:EEFT) has been given an average rating of “Hold” by the eight analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $96.00.

EEFT has been the subject of a number of recent research reports. DA Davidson reissued a “buy” rating and set a $112.00 price objective on shares of Euronet Worldwide in a report on Tuesday, February 17th. Weiss Ratings upgraded Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 17th. Keefe, Bruyette & Woods lowered their price target on 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. Needham & Company LLC dropped their price objective on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Wolfe Research reaffirmed an “underperform” rating and set a $80.00 price objective on shares of Euronet Worldwide in a report on Thursday, January 8th.

Euronet Worldwide Stock Performance

Shares of EEFT stock opened at $72.14 on Wednesday. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. The firm has a fifty day simple moving average of $72.94 and a two-hundred day simple moving average of $79.25. Euronet Worldwide has a 12 month low of $64.34 and a 12 month high of $114.25. The firm has a market capitalization of $2.84 billion, a PE ratio of 10.41, a price-to-earnings-growth ratio of 0.57 and a beta of 0.80.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Thursday, February 12th. The business services provider reported $2.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.09). Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the prior year, the business earned $2.08 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Analysts forecast that Euronet Worldwide will post 9.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Euronet Worldwide

Several institutional investors and hedge funds have recently added to or reduced their stakes in EEFT. Villanova Investment Management Co LLC lifted its position in shares of Euronet Worldwide by 19.5% during the 4th quarter. Villanova Investment Management Co LLC now owns 68,345 shares of the business services provider’s stock worth $5,202,000 after buying an additional 11,140 shares in the last quarter. Virtu Financial LLC purchased a new stake in shares of Euronet Worldwide during the fourth quarter valued at approximately $284,000. Invesco Ltd. lifted its holdings in Euronet Worldwide by 123.4% during the fourth quarter. Invesco Ltd. now owns 252,670 shares of the business services provider’s stock worth $19,231,000 after acquiring an additional 139,578 shares during the period. Corient Private Wealth LLC boosted its position in Euronet Worldwide by 1,069.5% in the fourth quarter. Corient Private Wealth LLC now owns 47,306 shares of the business services provider’s stock worth $3,600,000 after purchasing an additional 43,261 shares during the last quarter. Finally, Alberta Investment Management Corp purchased a new position in Euronet Worldwide in the fourth quarter worth $1,355,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.

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.