Euronet Worldwide (EEFT) Receives Daily Coverage Optimism Score of -0.03
Headlines about Euronet Worldwide (NASDAQ:EEFT) have been trending somewhat negative this week, according to Alpha One Sentiment. The research group, a unit of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Alpha One ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Euronet Worldwide earned a media sentiment score of -0.03 on Alpha One’s scale. Alpha One also gave news coverage about the business services provider an impact score of 62 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Alpha One’s rankings:
- Euronet Worldwide (EEFT) Earns Coverage Optimism Rating of 0.24 (americanbankingnews.com)
- Wall Street’s M&A Chatter From April 17: Norsat, MoneyGram, Disney-Snap, Verizon-Straight Path (feeds.benzinga.com)
- MoneyGram and Ant Financial Enter Into Amended Merger Agreement (finance.yahoo.com)
- Ant Financial Raises MoneyGram Bid 36% to Fend Off Euronet (finance.yahoo.com)
- Jack’s Back. With More Money, Too (finance.yahoo.com)
A number of research firms have weighed in on EEFT. Zacks Investment Research upgraded Euronet Worldwide from a “hold” rating to a “buy” rating and set a $96.00 price target for the company in a research note on Tuesday, April 11th. Evercore ISI restated a “buy” rating on shares of Euronet Worldwide in a research note on Tuesday, March 14th. Finally, Piper Jaffray Companies set a $97.00 price target on Euronet Worldwide and gave the company a “buy” rating in a research note on Thursday, February 9th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Euronet Worldwide has an average rating of “Buy” and a consensus price target of $93.75.
Euronet Worldwide (NASDAQ:EEFT) traded down 0.57% on Friday, reaching $84.82. The company’s stock had a trading volume of 313,844 shares. Euronet Worldwide has a 52-week low of $65.33 and a 52-week high of $86.35. The company has a market cap of $4.44 billion, a P/E ratio of 26.26 and a beta of 1.34. The firm’s 50-day moving average price is $84.04 and its 200 day moving average price is $78.62.
Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings data on Tuesday, February 7th. The business services provider reported $0.99 earnings per share for the quarter, meeting the consensus estimate of $0.99. Euronet Worldwide had a return on equity of 23.58% and a net margin of 8.90%. The business earned $519.80 million during the quarter, compared to analyst estimates of $504.20 million. Equities analysts anticipate that Euronet Worldwide will post $4.55 EPS for the current fiscal year.
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Euronet Worldwide Company Profile
Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.
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