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

Euronet Worldwide, Inc. (NASDAQ:EEFT) has been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $95.00.

A number of research analysts have weighed in on the company. Needham & Company LLC restated a “buy” rating and issued a $85.00 price objective on shares of Euronet Worldwide in a report on Friday, May 22nd. DA Davidson decreased their price objective on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd.

Insiders Place Their Bets

In other news, Director Thomas A. Mcdonnell acquired 3,000 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the acquisition, the director owned 100,219 shares of the company’s stock, valued at approximately $6,701,644.53. This trade represents a 3.09% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 12.19% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Neo Ivy Capital Management purchased a new position in Euronet Worldwide in the 3rd quarter valued at $1,724,000. Voss Capital LP increased its stake in shares of Euronet Worldwide by 66.5% in the 3rd quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock worth $117,665,000 after acquiring an additional 535,000 shares during the last quarter. Tudor Investment Corp ET AL acquired a new stake in shares of Euronet Worldwide in the 3rd quarter worth $42,813,000. Weitz Investment Management Inc. acquired a new stake in shares of Euronet Worldwide in the 4th quarter worth $12,178,000. Finally, Quantbot Technologies LP acquired a new stake in shares of Euronet Worldwide in the 3rd quarter worth $2,081,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Trading Up 1.0%

Shares of NASDAQ:EEFT opened at $67.55 on Friday. Euronet Worldwide has a 1 year low of $62.50 and a 1 year high of $107.91. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 0.52 and a beta of 0.82. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. The business’s 50 day moving average price is $70.07 and its 200-day moving average price is $71.72.

Euronet Worldwide (NASDAQ:EEFT) last announced its earnings results on Wednesday, April 29th. The business services provider reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The firm had revenue of $1.01 billion for the quarter, compared to analyst estimates of $969.68 million. During the same quarter last year, the firm posted $1.13 EPS. The business’s revenue was up 10.5% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities research analysts forecast that Euronet Worldwide will post 9.83 earnings per share for the current fiscal 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.