Euronet Worldwide (EEFT) Receiving Somewhat Favorable Media Coverage, Report Finds
Press coverage about Euronet Worldwide (NASDAQ:EEFT) has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Euronet Worldwide earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned news coverage about the business services provider an impact score of 45.7991872042685 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- [$$] My First Million – Jenny Campbell, new Dragons’ Den star (finance.yahoo.com)
- ETFs with exposure to Euronet Worldwide, Inc. : August 15, 2017 (finance.yahoo.com)
- Euronet Worldwide, Inc. (EEFT) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- See what the IHS Markit Score report has to say about Euronet Worldwide Inc. (finance.yahoo.com)
Several analysts recently weighed in on the company. BidaskClub upgraded Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Monday. Zacks Investment Research downgraded Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Friday, July 28th. Lake Street Capital reiterated a “buy” rating and issued a $99.00 target price (up from $96.00) on shares of Euronet Worldwide in a research report on Thursday, July 27th. Finally, DA Davidson began coverage on Euronet Worldwide in a research report on Wednesday, July 19th. They issued a “buy” rating and a $105.00 target price for the company. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Euronet Worldwide has an average rating of “Buy” and a consensus target price of $100.20.
Euronet Worldwide (NASDAQ:EEFT) traded down 1.05% during trading on Thursday, reaching $96.06. The company’s stock had a trading volume of 167,454 shares. The stock has a 50-day moving average price of $92.69 and a 200 day moving average price of $85.91. Euronet Worldwide has a 52-week low of $70.51 and a 52-week high of $97.92. The company has a market cap of $5.05 billion, a PE ratio of 31.01 and a beta of 1.34.
Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings results on Wednesday, July 26th. The business services provider reported $1.09 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.01. Euronet Worldwide had a return on equity of 22.32% and a net margin of 8.23%. The firm had revenue of $536.60 million during the quarter, compared to analyst estimates of $513.10 million. During the same quarter in the previous year, the company posted $0.97 earnings per share. The company’s revenue was up 12.5% compared to the same quarter last year. On average, analysts expect that Euronet Worldwide will post $4.55 EPS for the current year.
In other Euronet Worldwide news, VP Jeffrey B. Newman sold 3,433 shares of Euronet Worldwide stock in a transaction dated Wednesday, July 19th. The stock was sold at an average price of $92.00, for a total transaction of $315,836.00. Following the completion of the sale, the vice president now owns 16,386 shares of the company’s stock, valued at $1,507,512. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Juan Bianchi sold 18,126 shares of Euronet Worldwide stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $88.01, for a total value of $1,595,269.26. Following the sale, the chief executive officer now directly owns 9,534 shares of the company’s stock, valued at approximately $839,087.34. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 126,883 shares of company stock valued at $11,968,683. Corporate insiders own 7.70% of the company’s stock.
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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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