Wall Street analysts expect Euronet Worldwide, Inc. (NASDAQ:EEFT – Get Rating) to post $718.65 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Euronet Worldwide’s earnings, with the highest sales estimate coming in at $732.10 million and the lowest estimate coming in at $704.56 million. Euronet Worldwide posted sales of $652.70 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 10.1%. The company is scheduled to report its next earnings report before the market opens on Monday, January 1st.
On average, analysts expect that Euronet Worldwide will report full year sales of $3.41 billion for the current year, with estimates ranging from $3.31 billion to $3.56 billion. For the next year, analysts forecast that the firm will post sales of $4.06 billion, with estimates ranging from $3.90 billion to $4.22 billion. Zacks’ sales averages are an average based on a survey of sell-side analysts that follow Euronet Worldwide.
Euronet Worldwide (NASDAQ:EEFT – Get Rating) last issued its quarterly earnings data on Wednesday, February 9th. The business services provider reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.28). Euronet Worldwide had a return on equity of 11.89% and a net margin of 2.36%. The firm had revenue of $811.50 million during the quarter, compared to analysts’ expectations of $807.42 million. During the same period in the previous year, the firm earned $0.97 EPS.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State of Alaska Department of Revenue acquired a new stake in Euronet Worldwide during the 1st quarter valued at approximately $968,000. Wedge Capital Management L L P NC lifted its stake in Euronet Worldwide by 8.3% during the 1st quarter. Wedge Capital Management L L P NC now owns 3,391 shares of the business services provider’s stock valued at $441,000 after acquiring an additional 259 shares during the period. Arden Trust Co acquired a new stake in Euronet Worldwide during the 1st quarter valued at approximately $290,000. New Mexico Educational Retirement Board acquired a new stake in Euronet Worldwide during the 1st quarter valued at approximately $1,419,000. Finally, Norges Bank acquired a new stake in Euronet Worldwide during the 4th quarter valued at approximately $53,361,000. Institutional investors and hedge funds own 94.99% of the company’s stock.
Shares of Euronet Worldwide stock opened at $131.97 on Tuesday. The firm’s 50 day moving average price is $127.33 and its 200-day moving average price is $123.46. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.13. Euronet Worldwide has a 52-week low of $96.30 and a 52-week high of $159.32. The company has a market cap of $6.75 billion, a P/E ratio of 100.74 and a beta of 1.43.
Euronet Worldwide Company Profile (Get Rating)
Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services.
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