Key Points
- Director Thomas Mcdonnell bought 3,000 shares of Euronet Worldwide at $66.87 each, a transaction worth about $200,610. After the purchase, he owned 100,219 shares, increasing his stake by 3.09%.
- Euronet Worldwide recently reported better-than-expected quarterly results, with EPS of $1.58 versus the $1.42 consensus and revenue of $1.01 billion, up 10.5% year over year. The company also set FY 2026 guidance of $10.57 to $11.05 EPS.
- Analyst sentiment is mixed: the stock has an average Hold rating with a $95 average target price, while institutional ownership remains high at 91.6%. Several major investors recently increased their positions in EEFT.
Euronet Worldwide, Inc. (NASDAQ:EEFT - Get Free Report) Director Thomas Mcdonnell acquired 3,000 shares of the company's stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price 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 in the company, valued at $6,701,644.53. The trade was a 3.09% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Euronet Worldwide Price Performance
Shares of EEFT stock opened at $67.46 on Wednesday. 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, Inc. has a twelve month low of $63.73 and a twelve month high of $114.25. The company has a market cap of $2.57 billion, a P/E ratio of 9.73, a P/E/G ratio of 0.52 and a beta of 0.83. The business has a fifty day simple moving average of $69.64 and a 200 day simple moving average of $72.04.
Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The business services provider reported $1.58 earnings per share for the quarter, topping the consensus estimate 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 period in the prior year, the company earned $1.13 EPS. Euronet Worldwide's revenue for the quarter 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, sell-side analysts forecast that Euronet Worldwide, Inc. will post 9.83 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have commented on EEFT shares. Needham & Company LLC reiterated a "buy" rating and issued a $85.00 target price on shares of Euronet Worldwide in a research report on Friday, May 22nd. Weiss Ratings downgraded Euronet Worldwide from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, April 2nd. DA Davidson dropped their target price on Euronet Worldwide from $112.00 to $102.00 and set a "buy" rating for the company in a research report on Tuesday, April 14th. Finally, Keefe, Bruyette & Woods dropped their target price on Euronet Worldwide from $85.00 to $75.00 and set a "market perform" rating for the company in a research report on Friday, February 13th. Three 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. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $95.00.
Check Out Our Latest Analysis on Euronet Worldwide
Hedge Funds Weigh In On Euronet Worldwide
Several large investors have recently bought and sold shares of EEFT. Tudor Investment Corp ET AL bought a new position in Euronet Worldwide in the third quarter valued at about $42,813,000. Bank of Montreal Can increased its stake in shares of Euronet Worldwide by 933.8% in the fourth quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider's stock valued at $151,739,000 after buying an additional 1,800,837 shares during the period. AQR Capital Management LLC increased 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 valued at $132,632,000 after buying an additional 744,040 shares during the period. Turtle Creek Asset Management Inc. increased its stake in shares of Euronet Worldwide by 44.9% in the first 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 buying an additional 572,194 shares during the period. Finally, Voss Capital LP increased 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 valued at $117,665,000 after buying an additional 535,000 shares during the period. 91.60% of the stock is currently owned by institutional investors.
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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