King Luther Capital Management Corp Has $5.08 Million Stake in Euronet Worldwide, Inc. $EEFT

King Luther Capital Management Corp reduced its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 20.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 57,869 shares of the business services provider’s stock after selling 15,144 shares during the quarter. King Luther Capital Management Corp’s holdings in Euronet Worldwide were worth $5,081,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP raised its stake in shares of Euronet Worldwide by 248.7% in the 2nd quarter. Allworth Financial LP now owns 265 shares of the business services provider’s stock valued at $27,000 after purchasing an additional 189 shares during the period. First Horizon Corp acquired a new position in shares of Euronet Worldwide during the third quarter worth about $36,000. Geneos Wealth Management Inc. grew its holdings in shares of Euronet Worldwide by 48.4% during the first 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 in the last quarter. Abich Financial Wealth Management LLC acquired a new stake in Euronet Worldwide in the 3rd quarter valued at approximately $37,000. Finally, True Wealth Design LLC lifted its stake in Euronet Worldwide by 106.4% in the 2nd quarter. True Wealth Design LLC now owns 450 shares of the business services provider’s stock valued at $46,000 after acquiring an additional 232 shares in the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on EEFT shares. DA Davidson reaffirmed a “buy” rating and set a $112.00 price target on shares of Euronet Worldwide in a research note on Tuesday. Weiss Ratings upgraded shares of Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday. Wolfe Research reaffirmed an “underperform” rating and issued a $80.00 target price on shares of Euronet Worldwide in a research report on Thursday, January 8th. Keefe, Bruyette & Woods cut their price target on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research report on Friday, February 13th. Finally, Monness Crespi & Hardt downgraded shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a research note on Monday, January 5th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $96.00.

Euronet Worldwide Price Performance

Shares of EEFT opened at $72.50 on Friday. The company has a current ratio of 1.11, a quick ratio of 1.15 and a debt-to-equity ratio of 0.78. The company’s fifty day simple moving average is $73.87 and its 200 day simple moving average is $80.59. Euronet Worldwide, Inc. has a 1-year low of $64.34 and a 1-year high of $114.25. The company has a market cap of $3.05 billion, a price-to-earnings ratio of 10.46, a PEG ratio of 0.56 and a beta of 0.82.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly 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 firm 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 revenue was up 5.9% compared to the same quarter last year. 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. On average, research analysts forecast that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current fiscal year.

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.