Vanguard Group Inc. Increases Position in Euronet Worldwide, Inc. $EEFT

Vanguard Group Inc. lifted its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 0.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,767,279 shares of the business services provider’s stock after buying an additional 26,416 shares during the period. Vanguard Group Inc. owned approximately 0.09% of Euronet Worldwide worth $286,728,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EEFT. Goldman Sachs Group Inc. boosted its stake in shares of Euronet Worldwide by 17.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider’s stock worth $67,143,000 after buying an additional 91,348 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Euronet Worldwide by 4.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 121,475 shares of the business services provider’s stock worth $12,980,000 after buying an additional 5,009 shares during the last quarter. Focus Partners Wealth purchased a new position in shares of Euronet Worldwide in the 1st quarter worth approximately $202,000. Geneos Wealth Management Inc. boosted its stake in shares of 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, EverSource Wealth Advisors LLC boosted its stake in shares of Euronet Worldwide by 422.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,631 shares of the business services provider’s stock worth $165,000 after buying an additional 1,319 shares during the last quarter. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Trading Down 3.8%

Shares of EEFT stock opened at $68.83 on Friday. The company’s fifty day simple moving average is $70.78 and its two-hundred day simple moving average is $73.15. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.11. Euronet Worldwide, Inc. has a 1 year low of $63.73 and a 1 year high of $114.25. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 9.93, a PEG ratio of 0.56 and a beta of 0.83.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Wednesday, April 29th. The business services provider reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.16. Euronet Worldwide had a net margin of 7.15% and a return on equity of 28.37%. The business had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $969.68 million. During the same quarter in the previous year, the firm posted $1.13 EPS. The business’s revenue for the quarter was up 10.5% compared to the same quarter last year. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, analysts anticipate that Euronet Worldwide, Inc. will post 9.83 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on EEFT shares. Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. Keefe, Bruyette & Woods dropped their price objective on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research note on Friday, February 13th. DA Davidson dropped their price objective on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Needham & Company LLC upped their price objective on Euronet Worldwide from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Euronet Worldwide has a consensus rating of “Hold” and a consensus target price of $95.00.

About Euronet Worldwide

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.