Euronet Worldwide, Inc. $EEFT Stock Position Cut by Villanova Investment Management Co LLC

Key Points

• Villanova Investment Management Co LLC reduced its holdings in Euronet Worldwide by 65.4%, owning 11,624 shares worth $1.24 million after selling 22,004 shares in Q1.
• Euronet Worldwide's stock has a market capitalization of $3.69 billion, with a PE ratio of 12.33, and is currently trading around $89.91.
• The company reported $2.56 EPS in its latest earnings, missing consensus estimates, with a revenue of $1.07 billion, up 8.9% year-over-year.

Villanova Investment Management Co LLC lessened its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 65.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,624 shares of the business services provider's stock after selling 22,004 shares during the quarter. Euronet Worldwide makes up about 3.5% of Villanova Investment Management Co LLC's portfolio, making the stock its 4th biggest holding. Villanova Investment Management Co LLC's holdings in Euronet Worldwide were worth $1,242,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. boosted its stake in Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider's stock worth $36,000 after purchasing an additional 109 shares during the last quarter. Focus Partners Wealth acquired a new position in shares of Euronet Worldwide during the 1st quarter valued at about $202,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Euronet Worldwide by 4.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 121,475 shares of the business services provider's stock valued at $12,980,000 after purchasing an additional 5,009 shares during the period. United Services Automobile Association purchased a new stake in shares of Euronet Worldwide in the first quarter valued at about $290,000. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Euronet Worldwide by 17.0% in the first quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider's stock valued at $67,143,000 after purchasing an additional 91,348 shares during the period. Institutional investors and hedge funds own 91.60% of the company's stock.

Euronet Worldwide Trading Down 0.6%

EEFT traded down $0.51 on Friday, hitting $90.83. The company had a trading volume of 468,395 shares, compared to its average volume of 744,375. 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. Euronet Worldwide, Inc. has a 1 year low of $85.24 and a 1 year high of $114.25. The company's fifty day moving average price is $96.97 and its 200 day moving average price is $101.07. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.74.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The business services provider reported $2.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.66 by ($0.10). The company 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% on a year-over-year basis. During the same quarter last year, the firm posted $2.25 earnings per share. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. As a group, equities analysts expect that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current year.

Wall Street Analysts Forecast Growth

EEFT has been the subject of a number of analyst reports. Oppenheimer upped their price objective on shares of Euronet Worldwide from $135.00 to $137.00 and gave the company an "outperform" rating in a report on Wednesday, July 2nd. DA Davidson reissued a "buy" rating and issued a $130.00 price objective on shares of Euronet Worldwide in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Euronet Worldwide presently has a consensus rating of "Moderate Buy" and a consensus price target of $122.83.

Euronet Worldwide 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.