Euronet Worldwide, Inc. (NASDAQ:EEFT) Receives $95.00 Average PT from Brokerages

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have earned an average rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $95.00.

A number of equities research analysts have recently weighed in on EEFT shares. DA Davidson cut their price target on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a report on Friday. Weiss Ratings cut Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of 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.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EEFT. Johnson Financial Group Inc. acquired a new position in shares of Euronet Worldwide during the third quarter valued at approximately $26,000. Danske Bank A S acquired a new position in shares of Euronet Worldwide during the third quarter valued at approximately $26,000. First Horizon Corp acquired a new position in shares of Euronet Worldwide during the third quarter valued at approximately $36,000. Geneos Wealth Management Inc. increased its stake 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 valued at $36,000 after acquiring an additional 109 shares during the period. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of Euronet Worldwide during the third quarter valued at approximately $37,000. Institutional investors and hedge funds own 91.60% of the company’s stock.

Euronet Worldwide Stock Performance

EEFT opened at $66.20 on Monday. The business’s 50 day moving average is $69.84 and its 200-day moving average is $72.13. The stock has a market cap of $2.52 billion, a PE ratio of 9.55, a price-to-earnings-growth ratio of 0.52 and a beta of 0.83. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.29. Euronet Worldwide has a twelve month low of $63.73 and a twelve month high of $114.25.

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