Euronet Worldwide, Inc. (NASDAQ:EEFT) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• The average target price for Euronet Worldwide, Inc. (NASDAQ:EEFT) is now set at $123.83, with a consensus rating of "Moderate Buy" from multiple brokerages.
• Institutional investors hold 91.60% of Euronet Worldwide's stock, with notable increases in stakes from firms like AQR Capital Management and American Century Companies.
• Euronet's latest quarterly results showed an EPS of $2.56, which missed analysts' expectations, while revenue was reported at $1.07 billion, up 8.9% year-over-year.

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Get Free Report) have earned an average rating of "Moderate Buy" from the eight analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $122.8333.

Several research firms have commented on EEFT. DA Davidson restated a "buy" rating and issued a $130.00 price target on shares of Euronet Worldwide in a report on Friday. Oppenheimer lifted their price target on Euronet Worldwide from $135.00 to $137.00 and gave the company an "outperform" rating in a report on Wednesday, July 2nd.

Institutional Trading of Euronet Worldwide

A number of institutional investors have recently modified their holdings of EEFT. Captrust Financial Advisors grew its holdings in shares of Euronet Worldwide by 3.9% during the 4th quarter. Captrust Financial Advisors now owns 8,294 shares of the business services provider's stock worth $853,000 after purchasing an additional 311 shares during the period. EP Wealth Advisors LLC grew its holdings in shares of Euronet Worldwide by 18.4% during the 4th quarter. EP Wealth Advisors LLC now owns 2,532 shares of the business services provider's stock worth $260,000 after purchasing an additional 393 shares during the period. Deutsche Bank AG grew its holdings in shares of Euronet Worldwide by 65.0% during the 4th quarter. Deutsche Bank AG now owns 5,643 shares of the business services provider's stock worth $580,000 after purchasing an additional 2,223 shares during the period. Graham Capital Management L.P. purchased a new stake in shares of Euronet Worldwide during the 4th quarter worth about $307,000. Finally, Janus Henderson Group PLC grew its holdings in shares of Euronet Worldwide by 1.5% during the 4th quarter. Janus Henderson Group PLC now owns 1,386,382 shares of the business services provider's stock worth $142,575,000 after purchasing an additional 20,805 shares during the period. Hedge funds and other institutional investors own 91.60% of the company's stock.

Euronet Worldwide Trading Down 0.6%

EEFT traded down $0.51 during midday trading on Wednesday, hitting $90.83. The company's stock had a trading volume of 468,395 shares, compared to its average volume of 717,213. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.74. The firm has a market cap of $3.72 billion, a P/E ratio of 12.46, a PEG ratio of 0.73 and a beta of 1.25. The firm has a 50-day moving average price of $96.97 and a two-hundred day moving average price of $101.07. Euronet Worldwide has a 52-week low of $85.24 and a 52-week high of $114.25.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The business services provider reported $2.56 EPS for the quarter, missing the consensus estimate of $2.66 by ($0.10). The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.08 billion. Euronet Worldwide had a net margin of 8.06% and a return on equity of 26.62%. The firm's quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.25 EPS. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. On average, research analysts anticipate that Euronet Worldwide will post 9.11 earnings per share for the current year.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services.