Euronet Worldwide, Inc. (NASDAQ:EEFT) Given Average Rating of “Hold” by Brokerages

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have been given a consensus rating of “Hold” by the eight brokerages that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $96.00.

EEFT has been the topic of several recent research reports. Weiss Ratings raised Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, February 17th. Wolfe Research reissued an “underperform” rating and set a $80.00 price target on shares of Euronet Worldwide in a research note on Thursday, January 8th. Keefe, Bruyette & Woods reduced their price target on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a report on Friday, February 13th. DA Davidson reiterated a “buy” rating and issued a $112.00 price objective on shares of Euronet Worldwide in a report on Tuesday, February 17th. Finally, Monness Crespi & Hardt lowered shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a report on Monday, January 5th.

Euronet Worldwide Price Performance

Shares of EEFT stock opened at $72.14 on Wednesday. The business has a fifty day simple moving average of $72.94 and a 200 day simple moving average of $79.25. The company has a market cap of $2.84 billion, a P/E ratio of 10.41, a P/E/G ratio of 0.57 and a beta of 0.80. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.78. Euronet Worldwide has a twelve month low of $64.34 and a twelve month high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.09). The company had revenue of $1.11 billion during the quarter, compared to analyst estimates 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 for the quarter was up 5.9% on a year-over-year basis. During the same quarter in the previous 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, sell-side analysts forecast that Euronet Worldwide will post 9.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EEFT. Goldman Sachs Group Inc. increased its stake in Euronet Worldwide by 17.0% in the first quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider’s stock valued at $67,143,000 after purchasing an additional 91,348 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Euronet Worldwide by 4.3% in the 1st 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 buying an additional 5,009 shares during the period. Focus Partners Wealth bought a new stake in Euronet Worldwide in the 1st quarter valued at about $202,000. Geneos Wealth Management Inc. raised its stake in Euronet Worldwide by 48.4% during 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 period. Finally, Envestnet Asset Management Inc. boosted its holdings in Euronet Worldwide by 7.5% in the second quarter. Envestnet Asset Management Inc. now owns 63,561 shares of the business services provider’s stock worth $6,444,000 after acquiring an additional 4,454 shares in the last quarter. 91.60% of the stock is owned by institutional investors.

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.