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

Euronet Worldwide, Inc. (NASDAQ:EEFT) has been given an average recommendation of “Hold” by the eight brokerages that are covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $96.00.

A number of analysts have weighed in on EEFT shares. Needham & Company LLC reduced their price objective on shares of Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Wolfe Research reiterated an “underperform” rating and issued a $80.00 target price on shares of Euronet Worldwide in a research note on Thursday, January 8th. Monness Crespi & Hardt cut shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods reduced their price target on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research report on Friday, February 13th. Finally, DA Davidson set a $112.00 price objective on shares of Euronet Worldwide in a report on Thursday, March 5th.

Euronet Worldwide Trading Down 3.0%

NASDAQ EEFT opened at $64.05 on Friday. Euronet Worldwide has a 12 month low of $63.73 and a 12 month high of $114.25. The stock has a market cap of $2.52 billion, a P/E ratio of 9.24, a P/E/G ratio of 0.52 and a beta of 0.82. The stock’s fifty day moving average price is $70.49 and its 200-day moving average price is $75.83. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.48 by ($0.09). The company had revenue of $1.11 billion during 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%.Euronet Worldwide’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.08 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, equities analysts forecast that Euronet Worldwide will post 9.11 EPS for the current fiscal year.

Institutional Inflows and Outflows

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

Euronet Worldwide Company 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.