Hotchkis & Wiley Capital Management LLC Grows Stock Position in Euronet Worldwide, Inc. $EEFT

Key Points

• Hotchkis & Wiley Capital Management LLC increased its stake in Euronet Worldwide, Inc. to $114.28 million, representing a 3.1% rise in shares during the first quarter.
• Euronet Worldwide's recent quarterly earnings report showed an earnings per share of $2.56, missing the consensus estimate by $0.10, and revenue of $1.07 billion, slightly below expectations.
• Brokerage firms have mixed ratings on Euronet Worldwide, with price targets ranging from $110.00 to $137.00, highlighting a generally positive outlook among analysts.

Hotchkis & Wiley Capital Management LLC lifted its position in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 3.1% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,069,549 shares of the business services provider's stock after buying an additional 31,778 shares during the period. Hotchkis & Wiley Capital Management LLC owned about 2.47% of Euronet Worldwide worth $114,281,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Blair William & Co. IL grew its stake in shares of Euronet Worldwide by 2.0% during the 1st quarter. Blair William & Co. IL now owns 5,007 shares of the business services provider's stock valued at $535,000 after acquiring an additional 100 shares during the period. State of Alaska Department of Revenue increased its position in shares of Euronet Worldwide by 2.5% during the first quarter. State of Alaska Department of Revenue now owns 4,833 shares of the business services provider's stock worth $516,000 after acquiring an additional 120 shares during the period. Fifth Third Bancorp lifted its position in shares of Euronet Worldwide by 6.8% in the 1st quarter. Fifth Third Bancorp now owns 1,929 shares of the business services provider's stock worth $206,000 after purchasing an additional 123 shares during the period. Oppenheimer Asset Management Inc. grew its position in shares of Euronet Worldwide by 4.4% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 3,492 shares of the business services provider's stock worth $373,000 after buying an additional 147 shares during the last quarter. Finally, Vise Technologies Inc. raised its position in shares of Euronet Worldwide by 3.9% in the 4th quarter. Vise Technologies Inc. now owns 4,656 shares of the business services provider's stock valued at $479,000 after purchasing an additional 174 shares during the last quarter. Institutional investors own 91.60% of the company's stock.

Wall Street Analyst Weigh In

Separately, 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. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Euronet Worldwide currently has a consensus rating of "Moderate Buy" and an average target price of $123.83.

Euronet Worldwide Stock Performance

EEFT stock traded down $0.82 on Thursday, hitting $93.09. The company's stock had a trading volume of 301,071 shares, compared to its average volume of 479,291. The firm has a 50 day moving average of $99.65 and a two-hundred day moving average of $101.97. Euronet Worldwide, Inc. has a 1 year low of $85.24 and a 1 year high of $114.25. 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 stock has a market cap of $3.82 billion, a price-to-earnings ratio of 12.77, a price-to-earnings-growth ratio of 0.76 and a beta of 1.25.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last posted its quarterly earnings data 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). The firm 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 business's quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter last year, the business earned $2.25 earnings per share. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. Equities analysts predict that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

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.