Euronet Worldwide (NASDAQ:EEFT) Director Thomas Mcdonnell Acquires 3,000 Shares of Stock

Euronet Worldwide, Inc. (NASDAQ:EEFT) Director Thomas Mcdonnell acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was purchased at an average cost of $66.87 per share, for a total transaction of $200,610.00. Following the completion of the acquisition, the director owned 100,219 shares in the company, valued at approximately $6,701,644.53. This represents a 3.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Euronet Worldwide Stock Performance

Shares of NASDAQ EEFT opened at $67.46 on Wednesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. The stock’s fifty day moving average price is $69.64 and its two-hundred day moving average price is $72.04. Euronet Worldwide, Inc. has a one year low of $63.73 and a one year high of $114.25. The firm has a market cap of $2.57 billion, a price-to-earnings ratio of 9.73, a P/E/G ratio of 0.52 and a beta of 0.83.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $969.68 million. During the same period in the prior year, the firm posted $1.13 EPS. The company’s revenue for the quarter was up 10.5% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities analysts forecast that Euronet Worldwide, Inc. will post 9.83 EPS for the current year.

Institutional Trading of Euronet Worldwide

A number of institutional investors have recently modified their holdings of EEFT. Johnson Financial Group Inc. bought a new stake in shares of Euronet Worldwide during the 3rd quarter valued at $26,000. Danske Bank A S bought a new stake in shares of Euronet Worldwide during the 3rd quarter valued at $26,000. Geneos Wealth Management Inc. lifted its position in shares of Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 109 shares during the period. Abich Financial Wealth Management LLC bought a new stake in shares of Euronet Worldwide during the 3rd quarter worth $37,000. Finally, Kestra Advisory Services LLC bought a new stake in shares of Euronet Worldwide during the 4th quarter worth $38,000. 91.60% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on EEFT shares. DA Davidson decreased their price objective on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Euronet Worldwide in a report on Friday, May 22nd. Finally, Keefe, Bruyette & Woods cut their target price 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. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Euronet Worldwide has an average rating of “Hold” and an average price target of $95.00.

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.