Euronet Worldwide (NASDAQ:EEFT) Reaches New 12-Month Low – Should You Sell?

Euronet Worldwide, Inc. (NASDAQ:EEFT)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $64.34 and last traded at $63.9740, with a volume of 389388 shares traded. The stock had previously closed at $66.01.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on EEFT shares. Keefe, Bruyette & Woods dropped their price objective on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research note on Friday, February 13th. DA Davidson set a $112.00 price target on shares of Euronet Worldwide in a report on Thursday, March 5th. Weiss Ratings raised shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 17th. Monness Crespi & Hardt lowered shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a report on Monday, January 5th. Finally, Needham & Company LLC decreased their price objective on shares of Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Four investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Euronet Worldwide currently has an average rating of “Hold” and an average price target of $96.00.

Euronet Worldwide Trading Down 3.3%

The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.11. The stock has a market capitalization of $2.51 billion, a P/E ratio of 9.23, a price-to-earnings-growth ratio of 0.53 and a beta of 0.82. The stock has a 50-day moving average price of $70.69 and a two-hundred day moving average price of $75.91.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.48 by ($0.09). Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the prior year, the firm earned $2.08 EPS. Euronet Worldwide’s quarterly revenue was up 5.9% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, research analysts forecast that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

Institutional Trading of Euronet Worldwide

Several hedge funds and other institutional investors have recently made changes to their positions in EEFT. Tudor Investment Corp ET AL purchased a new position in Euronet Worldwide in the 3rd quarter worth approximately $42,813,000. Bank of Montreal Can increased its holdings in shares of Euronet Worldwide by 933.8% in the 4th quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock worth $151,739,000 after purchasing an additional 1,800,837 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Euronet Worldwide by 131.9% in the second quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock worth $132,632,000 after purchasing an additional 744,040 shares during the last quarter. Voss Capital LP raised its stake in shares of Euronet Worldwide by 66.5% in the third quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock worth $117,665,000 after purchasing an additional 535,000 shares during the last quarter. Finally, Brown Advisory Inc. bought a new position in shares of Euronet Worldwide during the fourth quarter valued at $37,523,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Company Profile

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.