Euronet Worldwide, Inc. $EEFT Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC increased its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 8.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,527 shares of the business services provider’s stock after acquiring an additional 195 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Euronet Worldwide were worth $256,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Benson Investment Management Company Inc. acquired a new stake in Euronet Worldwide in the second quarter valued at $3,674,000. IFP Advisors Inc grew its holdings in Euronet Worldwide by 51.8% in the second quarter. IFP Advisors Inc now owns 3,716 shares of the business services provider’s stock valued at $377,000 after purchasing an additional 1,268 shares during the last quarter. Callan Family Office LLC acquired a new stake in Euronet Worldwide in the second quarter valued at $295,000. KLP Kapitalforvaltning AS grew its holdings in Euronet Worldwide by 5.8% in the second quarter. KLP Kapitalforvaltning AS now owns 12,700 shares of the business services provider’s stock valued at $1,288,000 after purchasing an additional 700 shares during the last quarter. Finally, Lecap Asset Management Ltd. acquired a new stake in Euronet Worldwide in the second quarter valued at $448,000. Institutional investors and hedge funds own 91.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on EEFT. Weiss Ratings reissued a “hold (c)” rating on shares of Euronet Worldwide in a report on Wednesday, October 8th. DA Davidson reissued a “buy” rating and issued a $130.00 target price on shares of Euronet Worldwide in a report on Friday, September 12th. Keefe, Bruyette & Woods lowered their target price on Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating on the stock in a report on Friday. Needham & Company LLC lowered their target price on Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Oppenheimer decreased their price objective on Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating on the stock in a research note on Friday, October 17th. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $117.60.

Euronet Worldwide Stock Down 1.4%

EEFT opened at $82.27 on Friday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.15. The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of 12.05, a price-to-earnings-growth ratio of 0.67 and a beta of 1.21. The business has a 50-day moving average of $89.63 and a two-hundred day moving average of $97.92. Euronet Worldwide, Inc. has a 12 month low of $82.17 and a 12 month high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings data on Thursday, October 23rd. The business services provider reported $3.62 EPS for the quarter, topping analysts’ consensus estimates of $3.58 by $0.04. The company had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.20 billion. Euronet Worldwide had a return on equity of 27.63% and a net margin of 7.27%.The company’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period last year, the business posted $3.03 EPS. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. On average, research analysts expect that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current year.

About Euronet Worldwide

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The 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 and prepaid card outsourcing, card issuing, and merchant acquiring services.