BNP Paribas Financial Markets Buys 100,159 Shares of Euronet Worldwide, Inc. $EEFT

BNP Paribas Financial Markets increased its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 2,561.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 104,069 shares of the business services provider’s stock after purchasing an additional 100,159 shares during the quarter. BNP Paribas Financial Markets’ holdings in Euronet Worldwide were worth $7,921,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Johnson Financial Group Inc. bought a new position in Euronet Worldwide in the 3rd quarter worth $26,000. Danske Bank A S bought a new position in shares of Euronet Worldwide during the 3rd quarter valued at approximately $26,000. Geneos Wealth Management Inc. grew its stake 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 valued at $36,000 after acquiring an additional 109 shares during the period. Abich Financial Wealth Management LLC bought a new position in shares of Euronet Worldwide during the 3rd quarter valued at approximately $37,000. Finally, 1620 Investment Advisors Inc. grew its stake in shares of Euronet Worldwide by 123.1% during the 4th quarter. 1620 Investment Advisors Inc. now owns 589 shares of the business services provider’s stock valued at $45,000 after acquiring an additional 325 shares during the period. 91.60% of the stock is owned by institutional investors.

Insider Activity at Euronet Worldwide

In other Euronet Worldwide news, Director Thomas A. Mcdonnell acquired 3,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of $66.87 per share, for a total transaction of $200,610.00. Following the completion of the transaction, the director directly owned 100,219 shares of the company’s stock, valued at approximately $6,701,644.53. The trade was a 3.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 12.19% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

EEFT has been the subject of a number of recent research reports. Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. DA Davidson lowered their price target on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Keefe, Bruyette & Woods lowered 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 report on Friday, February 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a report on Friday, May 22nd. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $95.00.

Euronet Worldwide Price Performance

Shares of Euronet Worldwide stock opened at $65.68 on Wednesday. The stock’s 50-day simple moving average is $69.98 and its 200-day simple moving average is $71.94. Euronet Worldwide, Inc. has a 52 week low of $63.73 and a 52 week high of $114.25. The company has a market capitalization of $2.50 billion, a price-to-earnings ratio of 9.48, a PEG ratio of 0.52 and a beta of 0.82. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29.

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

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.