BNP Paribas Financial Markets Boosts Stock Position in Euronet Worldwide, Inc. $EEFT

BNP Paribas Financial Markets increased its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 2,561.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 104,069 shares of the business services provider’s stock after buying an additional 100,159 shares during the period. BNP Paribas Financial Markets owned 0.25% of Euronet Worldwide worth $7,921,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Neo Ivy Capital Management purchased a new stake in shares of Euronet Worldwide in the 3rd quarter worth approximately $1,724,000. Voss Capital LP grew its stake in shares of Euronet Worldwide by 66.5% in the 3rd quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock worth $117,665,000 after buying an additional 535,000 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in Euronet Worldwide during the 3rd quarter valued at $42,813,000. Quantbot Technologies LP purchased a new stake in Euronet Worldwide during the 3rd quarter valued at $2,081,000. Finally, American Century Companies Inc. boosted its stake in Euronet Worldwide by 29.7% during the 3rd quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock valued at $152,965,000 after purchasing an additional 399,263 shares during the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. Needham & Company LLC reiterated a “buy” rating and set a $85.00 target price on shares of Euronet Worldwide in a research note on Friday, May 22nd. DA Davidson cut their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Keefe, Bruyette & Woods cut their target price 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. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $95.00.

Insider Activity

In other news, Director Thomas A. Mcdonnell purchased 3,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average cost of $66.87 per share, for a total transaction of $200,610.00. Following the purchase, the director directly owned 100,219 shares in the company, valued at approximately $6,701,644.53. This represents a 3.09% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 12.19% of the stock is currently owned by company insiders.

Euronet Worldwide Stock Performance

EEFT stock opened at $65.68 on Wednesday. The company has a market cap of $2.50 billion, a P/E ratio of 9.48, a price-to-earnings-growth ratio of 0.52 and a beta of 0.82. Euronet Worldwide, Inc. has a 1 year low of $63.73 and a 1 year high of $114.25. 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 $69.98 and its 200-day moving average price is $71.94.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. The firm had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $969.68 million. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The company’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period last year, the business posted $1.13 EPS. 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 earnings per share 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.