BW Gestao de Investimentos Ltda. Purchases New Shares in Euronet Worldwide, Inc. $EEFT

BW Gestao de Investimentos Ltda. acquired a new stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 42,744 shares of the business services provider’s stock, valued at approximately $3,753,000. BW Gestao de Investimentos Ltda. owned about 0.10% of Euronet Worldwide as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. lifted its holdings in shares of Euronet Worldwide by 17.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider’s stock valued at $67,143,000 after acquiring an additional 91,348 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Euronet Worldwide by 4.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 121,475 shares of the business services provider’s stock valued at $12,980,000 after purchasing an additional 5,009 shares during the period. Focus Partners Wealth bought a new stake in shares of Euronet Worldwide in the 1st quarter valued at approximately $202,000. Geneos Wealth Management Inc. boosted its holdings in shares of 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 purchasing an additional 109 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of Euronet Worldwide by 7.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 63,561 shares of the business services provider’s stock valued at $6,444,000 after purchasing an additional 4,454 shares during the last quarter. 91.60% of the stock is owned by hedge funds and other institutional investors.

Euronet Worldwide Trading Down 1.1%

Shares of EEFT opened at $72.49 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market capitalization of $2.85 billion, a price-to-earnings ratio of 10.46, a PEG ratio of 0.58 and a beta of 0.80. The company has a 50-day moving average of $72.69 and a 200 day moving average of $78.65. Euronet Worldwide, Inc. has a 1-year low of $64.34 and a 1-year high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Thursday, February 12th. The business services provider reported $2.39 EPS for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.09). The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Euronet Worldwide had a return on equity of 27.22% and a net margin of 7.33%.The business’s revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business posted $2.08 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, research analysts expect that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on EEFT. Wolfe Research reaffirmed an “underperform” rating and set a $80.00 price objective on shares of Euronet Worldwide in a research note on Thursday, January 8th. Needham & Company LLC cut their price target on shares of Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 3rd. Monness Crespi & Hardt lowered Euronet Worldwide from a “buy” rating to a “neutral” rating in a research report on Monday, January 5th. Finally, DA Davidson set a $112.00 target price on Euronet Worldwide in a research note on Thursday. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Euronet Worldwide currently has an average rating of “Hold” and an average price target of $96.00.

Euronet Worldwide Profile

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.