Norwood Investment Partners LP Acquires 8,500 Shares of Euronet Worldwide, Inc. $EEFT

Norwood Investment Partners LP lifted its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 14.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 68,500 shares of the business services provider’s stock after purchasing an additional 8,500 shares during the period. Euronet Worldwide comprises about 5.2% of Norwood Investment Partners LP’s portfolio, making the stock its 8th largest holding. Norwood Investment Partners LP owned 0.16% of Euronet Worldwide worth $6,015,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of EEFT. Royce & Associates LP purchased a new stake in shares of Euronet Worldwide in the third quarter valued at approximately $710,000. American Century Companies Inc. increased its holdings in Euronet Worldwide by 29.7% in the 3rd quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock worth $152,965,000 after acquiring an additional 399,263 shares in the last quarter. Quantbot Technologies LP acquired a new position in Euronet Worldwide during the third quarter worth $2,081,000. Aster Capital Management DIFC Ltd acquired a new position in Euronet Worldwide during the third quarter worth $350,000. Finally, Rock Creek Group LP lifted its holdings in Euronet Worldwide by 71.4% during the third quarter. Rock Creek Group LP now owns 30,000 shares of the business services provider’s stock valued at $2,634,000 after purchasing an additional 12,500 shares in the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. DA Davidson restated a “buy” rating and set a $112.00 price target on shares of Euronet Worldwide in a research report on Tuesday, February 17th. Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Wolfe Research reiterated an “underperform” rating and set a $80.00 price target on shares of Euronet Worldwide in a research report on Thursday, January 8th. Monness Crespi & Hardt downgraded Euronet Worldwide from a “buy” rating to a “neutral” rating in a research note on Monday, January 5th. Finally, Needham & Company LLC lowered their target price on shares of Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $96.00.

Euronet Worldwide Price Performance

NASDAQ:EEFT opened at $74.33 on Thursday. The stock has a 50 day moving average price of $72.88 and a 200 day moving average price of $79.22. The stock has a market cap of $2.92 billion, a PE ratio of 10.73, a P/E/G ratio of 0.57 and a beta of 0.80. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.11 and a current ratio of 1.11. Euronet Worldwide, Inc. has a one year low of $64.34 and a one 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 (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 net margin of 7.33% and a return on equity of 27.22%. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.08 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Equities research analysts expect that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

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.