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

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have been assigned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $95.00.

A number of brokerages recently issued reports on EEFT. Weiss Ratings upgraded shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, June 30th. DA Davidson decreased their price objective on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $85.00 price target on shares of Euronet Worldwide in a research note on Friday, May 22nd.

Insider Transactions at Euronet Worldwide

In other news, Director Thomas A. Mcdonnell purchased 3,000 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were purchased at an average cost 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 12.19% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. CX Institutional increased its holdings in shares of Euronet Worldwide by 10.7% in the second quarter. CX Institutional now owns 86,453 shares of the business services provider’s stock valued at $6,327,000 after purchasing an additional 8,360 shares during the last quarter. Parallel Advisors LLC raised its holdings in Euronet Worldwide by 23.6% in the 1st quarter. Parallel Advisors LLC now owns 775 shares of the business services provider’s stock valued at $51,000 after acquiring an additional 148 shares during the period. Turtle Creek Asset Management Inc. raised its holdings in Euronet Worldwide by 44.9% in the 1st quarter. Turtle Creek Asset Management Inc. now owns 1,847,040 shares of the business services provider’s stock valued at $122,588,000 after acquiring an additional 572,194 shares during the period. Janus Henderson Group PLC lifted its position in Euronet Worldwide by 3.6% during the first quarter. Janus Henderson Group PLC now owns 1,406,556 shares of the business services provider’s stock worth $93,353,000 after acquiring an additional 48,990 shares during the last quarter. Finally, Amundi acquired a new stake in Euronet Worldwide during the first quarter worth approximately $642,000. 91.60% of the stock is owned by institutional investors and hedge funds.

Euronet Worldwide Trading Up 1.3%

Shares of Euronet Worldwide stock traded up $0.99 during trading on Tuesday, reaching $78.95. 66,478 shares of the company were exchanged, compared to its average volume of 698,704. 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 has a twelve month low of $62.50 and a twelve month high of $107.91. The business has a 50-day moving average price of $69.60 and a 200-day moving average price of $71.22. The firm has a market capitalization of $3.01 billion, a price-to-earnings ratio of 11.41, a P/E/G ratio of 0.60 and a beta of 0.83.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 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 business had revenue of $1.01 billion during the quarter, compared to the consensus estimate of $969.68 million. During the same quarter in the prior year, the company posted $1.13 earnings per share. The firm’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. Sell-side analysts anticipate that Euronet Worldwide will post 9.83 EPS 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.