Somewhat Favorable Media Coverage Likely to Affect Euronet Worldwide (EEFT) Stock Price
Press coverage about Euronet Worldwide (NASDAQ:EEFT) has been trending somewhat positive recently, AlphaOne Sentiment Analysis reports. The research group, a service of Accern, ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Euronet Worldwide earned a coverage optimism score of 0.10 on AlphaOne’s scale. AlphaOne also gave headlines about the business services provider an impact score of 66 out of 100, indicating that recent news coverage is likely to have an impact on the stock’s share price in the next few days.
These are some of the media stories that may have effected Alpha One Sentiment’s scoring:
- EURONET WORLDWIDE INC : Submission of Matters to a Vote of Security Holders (form 8-K) (4-traders.com)
- Ria Money Transfer expands Indian network by partnering with three agents (indiablooms.com)
- Hello Alvin and epay Launch Direct 24/7 … (tmcnet.com)
- Hello Alvin and epay Launch Direct 24/7 Access to Healthcare via Any Mobile Device: Nation’s 1st Mobile Healthcare Option In Retail Targeting 22,000+ Retailers (businesswire.com)
- ETFs with exposure to Euronet Worldwide, Inc. : May 22, 2017 (finance.yahoo.com)
A number of brokerages have recently issued reports on EEFT. Zacks Investment Research lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Monday, May 1st. Evercore ISI reiterated a “buy” rating on shares of Euronet Worldwide in a research report on Tuesday, March 14th. Finally, Piper Jaffray Companies set a $97.00 target price on shares of Euronet Worldwide and gave the stock a “buy” rating in a research report on Thursday, February 9th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $97.00.
Shares of Euronet Worldwide (NASDAQ:EEFT) traded down 0.05% during trading on Friday, hitting $84.44. 136,324 shares of the stock were exchanged. Euronet Worldwide has a 52 week low of $65.33 and a 52 week high of $86.35. The firm has a 50 day moving average price of $84.41 and a 200 day moving average price of $79.10. The firm has a market capitalization of $4.43 billion, a P/E ratio of 26.32 and a beta of 1.34.
Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Tuesday, April 25th. The business services provider reported $0.73 EPS for the quarter, hitting the consensus estimate of $0.73. Euronet Worldwide had a net margin of 8.90% and a return on equity of 23.58%. The business had revenue of $473.40 million for the quarter, compared to the consensus estimate of $464.08 million. Analysts forecast that Euronet Worldwide will post $4.53 EPS for the current fiscal year.
About Euronet Worldwide
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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