Nisa Investment Advisors LLC Trims Position in Euronet Worldwide, Inc. $EEFT

Nisa Investment Advisors LLC reduced its position in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 95.4% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,240 shares of the business services provider’s stock after selling 26,012 shares during the period. Nisa Investment Advisors LLC’s holdings in Euronet Worldwide were worth $109,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Allworth Financial LP boosted its holdings in shares of Euronet Worldwide by 248.7% during the second quarter. Allworth Financial LP now owns 265 shares of the business services provider’s stock worth $27,000 after purchasing an additional 189 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in Euronet Worldwide by 48.4% in 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 during the last quarter. True Wealth Design LLC boosted its stake in Euronet Worldwide by 106.4% in the 2nd quarter. True Wealth Design LLC now owns 450 shares of the business services provider’s stock worth $46,000 after buying an additional 232 shares during the last quarter. Huntington National Bank grew its holdings in Euronet Worldwide by 35.5% in the 2nd quarter. Huntington National Bank now owns 550 shares of the business services provider’s stock valued at $56,000 after buying an additional 144 shares during the period. Finally, UMB Bank n.a. increased its stake in shares of Euronet Worldwide by 46.2% during the 2nd quarter. UMB Bank n.a. now owns 658 shares of the business services provider’s stock valued at $67,000 after acquiring an additional 208 shares during the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.

Euronet Worldwide Stock Performance

NASDAQ:EEFT opened at $74.57 on Monday. The firm’s fifty day simple moving average is $74.53 and its 200 day simple moving average is $85.66. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.84. Euronet Worldwide, Inc. has a twelve month low of $68.56 and a twelve month high of $114.25. The firm has a market capitalization of $3.13 billion, a price-to-earnings ratio of 10.92, a PEG ratio of 0.58 and a beta of 0.84.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings results on Thursday, October 23rd. The business services provider reported $3.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.58 by $0.04. The firm had revenue of $1.15 billion during 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 firm’s quarterly revenue was up 4.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.03 EPS. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. As a group, equities research analysts expect that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on EEFT shares. Wolfe Research reissued an “underperform” rating and issued a $80.00 target price on shares of Euronet Worldwide in a research report on Thursday, January 8th. Oppenheimer decreased their price target on shares of Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating on the stock in a report on Friday, October 17th. Wall Street Zen cut shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research note on Saturday, October 18th. Keefe, Bruyette & Woods cut their target price on Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating on the stock in a research report on Friday, October 24th. Finally, Weiss Ratings raised Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, January 12th. Five equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $111.33.

About Euronet Worldwide

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.