Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Euronet Worldwide (EEFT) Stock Price

News coverage about Euronet Worldwide (NASDAQ:EEFT) has been trending somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Euronet Worldwide earned a media sentiment score of 0.05 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 46.2002956691281 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

Shares of Euronet Worldwide (NASDAQ EEFT) traded up $0.37 on Thursday, reaching $93.08. 270,364 shares of the company’s stock were exchanged, compared to its average volume of 307,269. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $4,877.21, a PE ratio of 22.20, a P/E/G ratio of 1.43 and a beta of 1.36. Euronet Worldwide has a twelve month low of $70.51 and a twelve month high of $101.07.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings data on Thursday, October 19th. The business services provider reported $1.61 earnings per share for the quarter, meeting the consensus estimate of $1.61. Euronet Worldwide had a net margin of 9.63% and a return on equity of 22.46%. The firm had revenue of $637.90 million for the quarter, compared to analyst estimates of $595.09 million. During the same quarter in the prior year, the business earned $1.35 earnings per share. The business’s quarterly revenue was up 21.7% compared to the same quarter last year. research analysts forecast that Euronet Worldwide will post 4.33 EPS for the current fiscal year.

A number of brokerages have recently issued reports on EEFT. Northland Securities restated a “buy” rating and set a $110.00 price objective on shares of Euronet Worldwide in a report on Thursday, October 19th. Piper Jaffray Companies reiterated a “buy” rating and issued a $112.00 price target on shares of Euronet Worldwide in a research report on Sunday, October 22nd. Zacks Investment Research upgraded shares of Euronet Worldwide from a “hold” rating to a “buy” rating and set a $106.00 price target for the company in a research report on Tuesday, September 26th. SunTrust Banks restated a “buy” rating and set a $120.00 price objective on shares of Euronet Worldwide in a research report on Friday, October 6th. Finally, BidaskClub upgraded shares of Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 14th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $108.67.

In other Euronet Worldwide news, CEO Michael J. Brown sold 63,538 shares of the stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $100.06, for a total value of $6,357,612.28. Following the completion of the sale, the chief executive officer now owns 1,603,486 shares in the company, valued at approximately $160,444,809.16. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Michael J. Brown sold 2,400 shares of the stock in a transaction dated Friday, October 20th. The shares were sold at an average price of $100.00, for a total transaction of $240,000.00. Following the completion of the sale, the chief executive officer now owns 1,603,486 shares of the company’s stock, valued at approximately $160,348,600. The disclosure for this sale can be found here. Insiders sold a total of 125,452 shares of company stock worth $12,406,543 in the last 90 days. 7.70% of the stock is currently owned by company insiders.

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About Euronet Worldwide

Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.

Insider Buying and Selling by Quarter for Euronet Worldwide (NASDAQ:EEFT)

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