Euronet Worldwide, Inc. (NASDAQ:EEFT) Given Average Rating of “Hold” by Analysts

Euronet Worldwide, Inc. (NASDAQ:EEFT) has been given an average rating of “Hold” by the eight research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $96.00.

EEFT has been the topic of several research reports. Weiss Ratings lowered Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 3rd. Monness Crespi & Hardt downgraded shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a report on Monday, January 5th. Needham & Company LLC lowered their target price 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 reissued an “underperform” rating and set a $80.00 target price on shares of Euronet Worldwide in a report on Thursday, January 8th. Finally, Keefe, Bruyette & Woods reduced 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.

Euronet Worldwide Stock Performance

Shares of EEFT stock opened at $72.01 on Wednesday. The stock has a market capitalization of $2.83 billion, a price-to-earnings ratio of 10.39, a PEG ratio of 0.57 and a beta of 0.80. Euronet Worldwide has a one year low of $64.34 and a one year high of $114.25. The company’s 50-day simple moving average is $72.61 and its 200-day simple moving average is $78.47. 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 (NASDAQ:EEFT) last announced its quarterly earnings data on Thursday, February 12th. The business services provider reported $2.39 earnings per share for the quarter, missing the consensus estimate of $2.48 by ($0.09). Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The firm had revenue of $1.11 billion during the quarter, compared to the consensus estimate of $1.11 billion. During the same period in the prior year, the firm earned $2.08 earnings per share. The firm’s quarterly revenue was up 5.9% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Equities analysts anticipate that Euronet Worldwide will post 9.11 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Euronet Worldwide

A number of hedge funds and other institutional investors have recently bought and sold shares of EEFT. Geneos Wealth Management Inc. raised its position in shares of Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after purchasing an additional 109 shares during the period. PNC Financial Services Group Inc. boosted its position in Euronet Worldwide by 4.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,420 shares of the business services provider’s stock valued at $245,000 after purchasing an additional 113 shares during the period. Lecap Asset Management Ltd. boosted its position in Euronet Worldwide by 2.9% during the 3rd quarter. Lecap Asset Management Ltd. now owns 4,550 shares of the business services provider’s stock valued at $400,000 after purchasing an additional 129 shares during the period. Evergreen Capital Management LLC grew its stake in Euronet Worldwide by 0.4% during the 2nd quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider’s stock worth $3,450,000 after buying an additional 129 shares during the last quarter. Finally, Quadrant Capital Group LLC grew its stake in Euronet Worldwide by 3.2% during the 2nd quarter. Quadrant Capital Group LLC now owns 4,228 shares of the business services provider’s stock worth $429,000 after buying an additional 131 shares during the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.

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.