Royce & Associates LP Purchases 190,462 Shares of Euronet Worldwide, Inc. $EEFT

Royce & Associates LP lifted its position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 2,354.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 198,553 shares of the business services provider’s stock after purchasing an additional 190,462 shares during the period. Royce & Associates LP owned 0.47% of Euronet Worldwide worth $15,112,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Neo Ivy Capital Management bought a new position in shares of Euronet Worldwide during the third quarter valued at about $1,724,000. Voss Capital LP lifted its position in shares of Euronet Worldwide by 66.5% during the third quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock valued at $117,665,000 after purchasing an additional 535,000 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Euronet Worldwide during the third quarter valued at about $42,813,000. AlphaQuest LLC lifted its position in shares of Euronet Worldwide by 1,358.1% during the third quarter. AlphaQuest LLC now owns 32,560 shares of the business services provider’s stock valued at $2,859,000 after purchasing an additional 30,327 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Euronet Worldwide during the third quarter valued at about $2,081,000. 91.60% of the stock is owned by institutional investors.

Euronet Worldwide Stock Performance

NASDAQ EEFT opened at $67.46 on Wednesday. The company’s 50 day moving average is $69.64 and its 200-day moving average is $72.04. Euronet Worldwide, Inc. has a 12-month low of $63.73 and a 12-month high of $114.25. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.29. The firm has a market cap of $2.57 billion, a P/E ratio of 9.73, a price-to-earnings-growth ratio of 0.52 and a beta of 0.83.

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

Insider Buying and Selling

In other news, Director Thomas A. Mcdonnell acquired 3,000 shares of Euronet Worldwide stock in a transaction that occurred on Tuesday, May 26th. The stock was bought at an average price of $66.87 per share, with a total value of $200,610.00. Following the completion of the purchase, the director owned 100,219 shares in the company, 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 this link. Corporate insiders own 12.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on EEFT. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. DA Davidson lowered their price objective on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. 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 report on Friday, February 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price objective on shares of Euronet Worldwide in a research report on Friday, May 22nd. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Euronet Worldwide has a consensus rating of “Hold” and an average 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.