Villanova Investment Management Co LLC Has $1.24 Million Stake in Euronet Worldwide, Inc. $EEFT

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 reduced its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 65.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,624 shares of the business services provider's stock after selling 22,004 shares during the quarter. Euronet Worldwide accounts for about 3.5% of Villanova Investment Management Co LLC's investment portfolio, making the stock its 4th largest 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 large investors also recently modified their holdings of the business. Elequin Capital LP acquired a new position in shares of Euronet Worldwide during the first quarter worth about $30,000. Geneos Wealth Management Inc. boosted its position 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 worth $36,000 after buying an additional 109 shares during the period. UMB Bank n.a. boosted its position in shares of Euronet Worldwide by 92.3% during the first quarter. UMB Bank n.a. now owns 450 shares of the business services provider's stock worth $48,000 after buying an additional 216 shares during the period. Versant Capital Management Inc acquired a new position in shares of Euronet Worldwide during the first quarter worth about $97,000. Finally, Focus Partners Wealth acquired a new position in shares of Euronet Worldwide during the first quarter worth about $202,000. 91.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Euronet Worldwide Trading Down 0.2%

EEFT traded down $0.15 during midday trading on Tuesday, hitting $89.33. 287,862 shares of the company were exchanged, compared to its average volume of 500,069. The firm has a market capitalization of $3.66 billion, a P/E ratio of 12.24, a P/E/G 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 firm's 50 day moving average price is $96.64 and its 200-day moving average price is $100.98. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.74.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last announced its 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 company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. Euronet Worldwide had a return on equity of 26.62% and a net margin of 8.06%.The firm's quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous 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 forecast 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.