Euronet Worldwide, Inc. (NASDAQ:EEFT) Receives Average Recommendation of “Hold” from Brokerages

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have received an average rating of “Hold” from the eight research firms that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $96.00.

A number of equities analysts have issued reports on the company. DA Davidson set a $112.00 target price on Euronet Worldwide in a report on Thursday, March 5th. Weiss Ratings raised Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, March 17th. Needham & Company LLC dropped their price objective on shares of Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Wolfe Research reiterated an “underperform” rating and set a $80.00 target price on shares of Euronet Worldwide in a research report on Thursday, January 8th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a report on Friday, February 13th.

Institutional Trading of Euronet Worldwide

Institutional investors have recently modified their holdings of the business. Johnson Financial Group Inc. acquired a new stake in Euronet Worldwide in the third quarter valued at $26,000. Danske Bank A S acquired a new position in Euronet Worldwide during the 3rd quarter worth about $26,000. Geneos Wealth Management Inc. grew its position 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 valued at $36,000 after buying an additional 109 shares during the last quarter. First Horizon Corp bought a new stake in shares of Euronet Worldwide in the 3rd quarter valued at about $36,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in shares of Euronet Worldwide in the third quarter valued at about $37,000. Institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Trading Down 5.0%

Shares of Euronet Worldwide stock opened at $65.08 on Friday. The firm has a market capitalization of $2.56 billion, a PE ratio of 9.39, a price-to-earnings-growth ratio of 0.52 and a beta of 0.80. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. The firm’s 50 day moving average is $71.13 and its 200 day moving average is $76.43. Euronet Worldwide 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 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 business’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.08 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Equities research analysts forecast that Euronet Worldwide will post 9.11 earnings per share 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.