Euronet Worldwide, Inc. (NASDAQ:EEFT) Given Average Recommendation of “Hold” by Brokerages

Euronet Worldwide, Inc. (NASDAQ:EEFT) has been given a consensus recommendation of “Hold” by the eight ratings firms that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $96.00.

A number of equities analysts recently weighed in on the stock. Monness Crespi & Hardt downgraded shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a research note on Monday, January 5th. DA Davidson set a $112.00 price target on shares of Euronet Worldwide in a research report on Thursday, March 5th. Weiss Ratings raised Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 17th. Keefe, Bruyette & Woods dropped their price objective on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research note on Friday, February 13th. Finally, Needham & Company LLC cut their target price on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th.

Euronet Worldwide Stock Performance

NASDAQ:EEFT opened at $65.08 on Friday. The company has a market capitalization of $2.56 billion, a PE ratio of 9.39, a P/E/G ratio of 0.52 and a beta of 0.80. The company has a 50 day simple moving average of $71.13 and a two-hundred day simple moving average of $76.43. 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 has a fifty-two week low of $64.34 and a fifty-two week high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings results 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 return on equity of 27.22% and a net margin of 7.33%.The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. During the same quarter last year, the firm posted $2.08 EPS. The firm’s revenue for the quarter 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 anticipate that Euronet Worldwide will post 9.11 earnings per share for the current year.

Hedge Funds Weigh In On Euronet Worldwide

A number of institutional investors and hedge funds have recently modified their holdings of EEFT. Rockefeller Capital Management L.P. lifted its position in shares of Euronet Worldwide by 340.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,078 shares of the business services provider’s stock valued at $158,000 after acquiring an additional 1,606 shares during the period. Corient Private Wealth LLC boosted its stake in Euronet Worldwide by 133.6% during the fourth quarter. Corient Private Wealth LLC now owns 9,451 shares of the business services provider’s stock worth $719,000 after acquiring an additional 5,406 shares in the last quarter. Villanova Investment Management Co LLC grew its holdings in Euronet Worldwide by 19.5% in the fourth quarter. Villanova Investment Management Co LLC now owns 68,345 shares of the business services provider’s stock worth $5,202,000 after purchasing an additional 11,140 shares during the period. Virtu Financial LLC bought a new stake in Euronet Worldwide in the fourth quarter valued at $284,000. Finally, Invesco Ltd. increased its stake in Euronet Worldwide by 123.4% in the fourth quarter. Invesco Ltd. now owns 252,670 shares of the business services provider’s stock valued at $19,231,000 after purchasing an additional 139,578 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors.

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.