Van Berkom & Associates Inc. grew its position in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 16.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,291,075 shares of the business services provider's stock after buying an additional 185,727 shares during the quarter. Euronet Worldwide accounts for approximately 2.8% of Van Berkom & Associates Inc.'s holdings, making the stock its 7th biggest holding. Van Berkom & Associates Inc. owned 3.07% of Euronet Worldwide worth $98,264,000 at the end of the most recent quarter.
Other hedge funds have also made changes to their positions in the company. Johnson Financial Group Inc. purchased a new position in shares of Euronet Worldwide in the third quarter valued at $26,000. Danske Bank A S purchased a new position in shares of Euronet Worldwide in the third quarter valued at $26,000. Geneos Wealth Management Inc. increased its position in shares of Euronet Worldwide by 48.4% in the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider's stock valued at $36,000 after buying an additional 109 shares in the last quarter. First Horizon Corp purchased a new position in shares of Euronet Worldwide in the third quarter valued at $36,000. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of Euronet Worldwide in the third quarter valued at $37,000. Hedge funds and other institutional investors own 91.60% of the company's stock.
Euronet Worldwide Stock Down 2.1%
EEFT opened at $72.48 on Tuesday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.11. The stock has a market capitalization of $2.75 billion, a price-to-earnings ratio of 10.46, a price-to-earnings-growth ratio of 0.59 and a beta of 0.83. The business has a 50-day moving average of $70.79 and a two-hundred day moving average of $73.48. Euronet Worldwide, Inc. has a 12 month low of $63.73 and a 12 month high of $114.25.
Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, beating the consensus estimate of $1.42 by $0.16. The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $969.68 million. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.The firm's revenue was up 10.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.13 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. On average, research analysts expect that Euronet Worldwide, Inc. will post 9.72 earnings per share for the current year.
Analyst Ratings Changes
EEFT has been the subject of a number of research analyst reports. DA Davidson dropped their price target on Euronet Worldwide from $112.00 to $102.00 and set a "buy" rating for the company in a research report on Tuesday, April 14th. Monness Crespi & Hardt lowered shares of Euronet Worldwide from a "buy" rating to a "neutral" rating in a report on Monday, January 5th. Weiss Ratings lowered shares of Euronet Worldwide from a "hold (c-)" rating to a "sell (d+)" rating in a report on Thursday, April 2nd. Needham & Company LLC upped their target price on shares of Euronet Worldwide from $80.00 to $85.00 and gave the company a "buy" rating in a report on Thursday, April 30th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Euronet Worldwide from $85.00 to $75.00 and set a "market perform" rating on the stock in a report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Euronet Worldwide has a consensus rating of "Hold" and a consensus target price of $95.00.
Read Our Latest Research Report on Euronet Worldwide
Euronet Worldwide Profile
(
Free Report)
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.
Further Reading
Want to see what other hedge funds are holding EEFT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report).

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