Euronet Worldwide, Inc. $EEFT Shares Purchased by Jump Financial LLC

Key Points

• Jump Financial LLC increased its stake in Euronet Worldwide by 107.3% during the first quarter, acquiring an additional 2,747 shares, bringing their total ownership to 5,307 shares valued at $567,000.
• Oppenheimer raised its price target for Euronet Worldwide from $135.00 to $137.00 and assigned an "outperform" rating, while the stock holds an average rating of "Moderate Buy" with a price target of $123.83.
• Euronet Worldwide reported a quarterly earnings per share (EPS) of $2.56, missing estimates, despite an 8.9% year-over-year revenue increase, and set a FY 2025 EPS guidance of 9.640-9.990.

Jump Financial LLC boosted its stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 107.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,307 shares of the business services provider's stock after buying an additional 2,747 shares during the quarter. Jump Financial LLC's holdings in Euronet Worldwide were worth $567,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the stock. Hotchkis & Wiley Capital Management LLC boosted its stake in Euronet Worldwide by 3.1% during the first quarter. Hotchkis & Wiley Capital Management LLC now owns 1,069,549 shares of the business services provider's stock worth $114,281,000 after buying an additional 31,778 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Euronet Worldwide by 3.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 486,426 shares of the business services provider's stock worth $51,975,000 after buying an additional 15,515 shares during the period. Martingale Asset Management L P boosted its stake in Euronet Worldwide by 18.7% during the first quarter. Martingale Asset Management L P now owns 56,985 shares of the business services provider's stock worth $6,089,000 after buying an additional 8,974 shares during the period. Capital Fund Management S.A. purchased a new position in Euronet Worldwide during the first quarter worth about $3,116,000. Finally, Voss Capital LP boosted its stake in Euronet Worldwide by 30.9% during the first quarter. Voss Capital LP now owns 824,589 shares of the business services provider's stock worth $88,107,000 after buying an additional 194,589 shares during the period. Hedge funds and other institutional investors own 91.60% of the company's stock.

Analyst Ratings Changes

Separately, Oppenheimer increased their target price on shares of Euronet Worldwide from $135.00 to $137.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 2nd. One research 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $123.83.

Euronet Worldwide Stock Up 0.4%

Shares of NASDAQ EEFT traded up $0.40 during midday trading on Friday, hitting $91.27. The company's stock had a trading volume of 160,948 shares, compared to its average volume of 489,540. The business's fifty day simple moving average is $98.60 and its two-hundred day simple moving average is $101.65. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 12.52, a price-to-earnings-growth 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 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 the consensus estimate of $2.66 by ($0.10). The firm had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.08 billion. Euronet Worldwide had a net margin of 8.06% and a return on equity of 26.62%. The firm's revenue was up 8.9% compared to the same quarter last year. During the same period last year, the business earned $2.25 EPS. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. On average, equities analysts predict that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

About Euronet Worldwide

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.