Brown Advisory Inc. Invests $37.52 Million in Euronet Worldwide, Inc. $EEFT

Brown Advisory Inc. acquired a new position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 493,009 shares of the business services provider’s stock, valued at approximately $37,523,000. Brown Advisory Inc. owned 1.17% of Euronet Worldwide as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in EEFT. Johnson Financial Group Inc. bought a new stake in shares of Euronet Worldwide in the third quarter valued at approximately $26,000. Danske Bank A S bought a new stake in shares of Euronet Worldwide in the third quarter valued at approximately $26,000. Geneos Wealth Management Inc. lifted its stake in Euronet Worldwide by 48.4% during the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after purchasing an additional 109 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in Euronet Worldwide during the third quarter worth $37,000. Finally, Kestra Advisory Services LLC bought a new stake in Euronet Worldwide during the fourth quarter worth $38,000. 91.60% of the stock is currently owned by institutional investors.

Euronet Worldwide Stock Performance

NASDAQ EEFT opened at $66.90 on Tuesday. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 0.52 and a beta of 0.83. Euronet Worldwide, Inc. has a twelve month low of $62.50 and a twelve month high of $109.53. The stock has a fifty day simple moving average of $70.00 and a 200 day simple moving average of $71.76. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 earnings per share for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. The business had revenue of $1.01 billion during 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%.Euronet Worldwide’s quarterly revenue was up 10.5% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Sell-side analysts expect that Euronet Worldwide, Inc. will post 9.83 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on EEFT. Weiss Ratings cut Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. DA Davidson cut 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. Finally, Needham & Company LLC reiterated a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a report on Friday, May 22nd. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $95.00.

Insider Buying and Selling

In other news, Director Thomas A. Mcdonnell purchased 3,000 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were acquired at an average price of $66.87 per share, with a total value of $200,610.00. Following the completion of the transaction, the director owned 100,219 shares of the company’s stock, valued at $6,701,644.53. The trade was a 3.09% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 12.19% 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.