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

Euronet Worldwide, Inc. (NASDAQ:EEFT) has earned a consensus rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $95.00.

A number of research firms have recently commented on EEFT. DA Davidson lowered their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Weiss Ratings cut Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. Needham & Company LLC restated a “buy” rating and issued a $85.00 target price on shares of Euronet Worldwide in a research note on Friday, May 22nd. Finally, Keefe, Bruyette & Woods lowered their target price on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research note on Friday, February 13th.

Insider Transactions at Euronet Worldwide

In related news, Director Thomas A. Mcdonnell acquired 3,000 shares of the stock in a transaction on Tuesday, May 26th. The stock was acquired at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the completion of the purchase, the director owned 100,219 shares of the company’s stock, valued at $6,701,644.53. This represents a 3.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 12.19% of the company’s stock.

Institutional Trading of Euronet Worldwide

Several large investors have recently modified their holdings of the company. Parallel Advisors LLC grew its holdings in shares of Euronet Worldwide by 23.6% in the first quarter. Parallel Advisors LLC now owns 775 shares of the business services provider’s stock worth $51,000 after acquiring an additional 148 shares during the period. Turtle Creek Asset Management Inc. grew its holdings in shares of Euronet Worldwide by 44.9% in the first quarter. Turtle Creek Asset Management Inc. now owns 1,847,040 shares of the business services provider’s stock worth $122,588,000 after acquiring an additional 572,194 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Euronet Worldwide by 3.6% in the first quarter. Janus Henderson Group PLC now owns 1,406,556 shares of the business services provider’s stock worth $93,353,000 after acquiring an additional 48,990 shares during the period. Amundi bought a new stake in shares of Euronet Worldwide in the first quarter worth $642,000. Finally, California State Teachers Retirement System grew its holdings in shares of Euronet Worldwide by 28.8% in the first quarter. California State Teachers Retirement System now owns 48,123 shares of the business services provider’s stock worth $3,194,000 after acquiring an additional 10,754 shares during the period. Institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Trading Up 3.2%

NASDAQ:EEFT opened at $66.07 on Friday. The company has a 50-day moving average price of $69.93 and a 200-day moving average price of $71.84. Euronet Worldwide has a 12 month low of $62.50 and a 12 month high of $112.94. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. The stock has a market cap of $2.52 billion, a price-to-earnings ratio of 9.53, a P/E/G ratio of 0.50 and a beta of 0.82.

Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, topping the consensus estimate of $1.42 by $0.16. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $969.68 million. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The company’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period last year, the company posted $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Equities analysts predict that Euronet Worldwide will post 9.83 EPS for the current year.

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.