Callan Family Office LLC Invests $295,000 in Euronet Worldwide, Inc. $EEFT

Callan Family Office LLC bought a new position in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,914 shares of the business services provider's stock, valued at approximately $295,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Principal Financial Group Inc. increased its position in Euronet Worldwide by 0.3% during the 1st quarter. Principal Financial Group Inc. now owns 95,039 shares of the business services provider's stock valued at $10,155,000 after purchasing an additional 280 shares during the period. GAMMA Investing LLC increased its position in Euronet Worldwide by 99.9% during the 1st quarter. GAMMA Investing LLC now owns 1,907 shares of the business services provider's stock valued at $204,000 after purchasing an additional 953 shares during the period. Asset Management One Co. Ltd. increased its position in Euronet Worldwide by 211.6% during the 1st quarter. Asset Management One Co. Ltd. now owns 1,991 shares of the business services provider's stock valued at $213,000 after purchasing an additional 1,352 shares during the period. SG Americas Securities LLC increased its position in Euronet Worldwide by 46.4% during the 1st quarter. SG Americas Securities LLC now owns 4,721 shares of the business services provider's stock valued at $504,000 after purchasing an additional 1,496 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Euronet Worldwide during the 1st quarter valued at $1,400,000. Institutional investors own 91.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on EEFT shares. Keefe, Bruyette & Woods reduced their price objective on shares of Euronet Worldwide from $110.00 to $100.00 and set a "market perform" rating on the stock in a research report on Wednesday, October 1st. Weiss Ratings reissued a "hold (c)" rating on shares of Euronet Worldwide in a research report on Wednesday, October 8th. Oppenheimer boosted their price objective on shares of Euronet Worldwide from $135.00 to $137.00 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. Finally, DA Davidson restated a "buy" rating and set a $130.00 target price on shares of Euronet Worldwide in a report on Friday, September 12th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $121.17.

Euronet Worldwide Stock Performance

Shares of Euronet Worldwide stock opened at $86.13 on Friday. The stock has a market cap of $3.53 billion, a price-to-earnings ratio of 11.81, a PEG ratio of 0.69 and a beta of 1.21. The firm's 50-day moving average is $90.65 and its 200 day moving average is $98.40. Euronet Worldwide, Inc. has a 1 year low of $82.18 and a 1 year high of $114.25. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.15 and a quick ratio of 1.15.

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

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