American Century Companies Inc. lifted its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT – Free Report) by 29.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,741,996 shares of the business services provider’s stock after purchasing an additional 399,263 shares during the quarter. American Century Companies Inc. owned 4.14% of Euronet Worldwide worth $152,965,000 as of its most recent filing with the SEC.
Several other large investors have also bought and sold shares of the company. Allworth Financial LP boosted its stake in shares of Euronet Worldwide by 248.7% during the 2nd quarter. Allworth Financial LP now owns 265 shares of the business services provider’s stock worth $27,000 after acquiring an additional 189 shares in the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Euronet Worldwide by 48.4% during the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after purchasing an additional 109 shares during the period. First Horizon Corp purchased a new stake in shares of Euronet Worldwide during the third quarter worth $36,000. Abich Financial Wealth Management LLC acquired a new position in Euronet Worldwide in the third quarter worth approximately $37,000. Finally, True Wealth Design LLC increased its position in Euronet Worldwide by 106.4% during the second 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. Institutional investors own 91.60% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently commented on EEFT shares. Weiss Ratings upgraded shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 17th. Needham & Company LLC decreased their price objective on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Wolfe Research reiterated an “underperform” rating and issued a $80.00 price objective on shares of Euronet Worldwide in a research note on Thursday, January 8th. Monness Crespi & Hardt downgraded Euronet Worldwide from a “buy” rating to a “neutral” rating in a research report on Monday, January 5th. Finally, Keefe, Bruyette & Woods cut their target price on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research note on Friday, February 13th. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $96.00.
Euronet Worldwide Trading Down 1.9%
Shares of NASDAQ:EEFT opened at $69.55 on Monday. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.78. The firm has a market cap of $2.92 billion, a price-to-earnings ratio of 10.04, a PEG ratio of 0.55 and a beta of 0.80. Euronet Worldwide, Inc. has a 12 month low of $64.34 and a 12 month high of $114.25. The company’s fifty day simple moving average is $73.20 and its 200 day simple moving average is $79.60.
Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last released its earnings results on Thursday, February 12th. The business services provider reported $2.39 EPS for the quarter, missing the consensus estimate of $2.48 by ($0.09). The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The company’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.08 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, research analysts forecast that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.
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.
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