Key Points
- Insider sale: Euronet Worldwide insider Adam Godderz sold 345 shares on May 7 at an average price of $72.03, totaling about $24,850.
- Strong recent earnings: The company reported quarterly EPS of $1.58, beating estimates, and revenue of $1.01 billion, also ahead of forecasts, with revenue up 10.5% year over year.
- Analyst view: Wall Street is mixed on EEFT, with an average rating of Hold and a consensus price target of $95.00, though some firms still rate it a buy.
Euronet Worldwide, Inc. (NASDAQ:EEFT - Get Free Report) insider Adam Godderz sold 345 shares of the business's stock in a transaction on Thursday, May 7th. The shares were sold at an average price of $72.03, for a total transaction of $24,850.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Euronet Worldwide Price Performance
Shares of EEFT stock opened at $69.60 on Tuesday. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 10.04, a price-to-earnings-growth ratio of 0.54 and a beta of 0.83. Euronet Worldwide, Inc. has a 12-month low of $63.73 and a 12-month high of $114.25. The firm has a fifty day moving average of $70.71 and a 200-day moving average of $72.88. 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 (NASDAQ:EEFT - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. The business had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $969.68 million. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The firm's revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, equities research analysts forecast that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current year.
Institutional Investors Weigh In On Euronet Worldwide
Several institutional investors and hedge funds have recently added to or reduced their stakes in EEFT. Johnson Financial Group Inc. bought a new stake in Euronet Worldwide during the 3rd quarter worth about $26,000. Danske Bank A S bought a new stake in Euronet Worldwide during the 3rd quarter worth about $26,000. First Horizon Corp bought a new stake in Euronet Worldwide during the 3rd quarter worth about $36,000. Geneos Wealth Management Inc. lifted its position in Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider's stock worth $36,000 after buying an additional 109 shares in the last quarter. Finally, Abich Financial Wealth Management LLC bought a new stake in Euronet Worldwide during the 3rd quarter worth about $37,000. 91.60% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the stock. Needham & Company LLC boosted their price objective on shares of Euronet Worldwide from $80.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, April 30th. Weiss Ratings cut shares of Euronet Worldwide from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, April 2nd. DA Davidson cut their price objective on shares of Euronet Worldwide from $112.00 to $102.00 and set a "buy" rating on the stock in a research report on Tuesday, April 14th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of Euronet Worldwide from $85.00 to $75.00 and set a "market perform" rating on the stock in a research report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $95.00.
View Our Latest Report on Euronet Worldwide
About Euronet Worldwide
(
Get Free Report)
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.
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