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Quantbot Technologies LP Makes New $2.08 Million Investment in Euronet Worldwide, Inc. $EEFT

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Key Points

  • Quantbot Technologies LP purchased a new Q3 position of 23,697 shares of Euronet Worldwide valued at about $2.08 million, representing roughly 0.06% ownership.
  • Euronet reported quarterly EPS of $2.39 (missing estimates by $0.09) on $1.11 billion in revenue (up 5.9% YoY) and set FY 2026 guidance of $10.57–$11.05 EPS versus analyst expectations of about $9.11.
  • Analysts’ consensus rating is Hold with an average price target of $96; the stock has a $2.92 billion market cap, a P/E of 10.73, and about 91.6% institutional ownership.
  • Five stocks to consider instead of Euronet Worldwide.

Quantbot Technologies LP purchased a new position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 23,697 shares of the business services provider's stock, valued at approximately $2,081,000. Quantbot Technologies LP owned 0.06% of Euronet Worldwide as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Meritage Portfolio Management grew its stake in shares of Euronet Worldwide by 18.8% in the 3rd quarter. Meritage Portfolio Management now owns 124,343 shares of the business services provider's stock valued at $10,919,000 after buying an additional 19,713 shares during the period. AlphaQuest LLC lifted its holdings in Euronet Worldwide by 1,358.1% in the third quarter. AlphaQuest LLC now owns 32,560 shares of the business services provider's stock valued at $2,859,000 after acquiring an additional 30,327 shares during the last quarter. Prudential Financial Inc. lifted its holdings in Euronet Worldwide by 80.3% in the second quarter. Prudential Financial Inc. now owns 98,147 shares of the business services provider's stock valued at $9,950,000 after acquiring an additional 43,710 shares during the last quarter. Reinhart Partners LLC. grew its position in Euronet Worldwide by 20.3% in the third quarter. Reinhart Partners LLC. now owns 1,079,798 shares of the business services provider's stock worth $94,818,000 after acquiring an additional 181,888 shares during the period. Finally, American Century Companies Inc. increased its stake in Euronet Worldwide by 20.4% during the second quarter. American Century Companies Inc. now owns 1,342,733 shares of the business services provider's stock worth $136,126,000 after acquiring an additional 227,597 shares during the last quarter. Hedge funds and other institutional investors own 91.60% of the company's stock.

Euronet Worldwide Stock Performance

NASDAQ EEFT opened at $74.33 on Thursday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.11 and a quick ratio of 1.11. The company has a market cap of $2.92 billion, a P/E ratio of 10.73, a P/E/G ratio of 0.57 and a beta of 0.80. The stock has a 50-day moving average of $72.88 and a two-hundred day moving average of $79.22. Euronet Worldwide, Inc. has a 1-year low of $64.34 and a 1-year high of $114.25.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.48 by ($0.09). The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. Euronet Worldwide had a return on equity of 27.22% and a net margin of 7.33%.The firm's revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.08 EPS. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, analysts anticipate that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have recently commented on EEFT. Wolfe Research reaffirmed an "underperform" rating and issued a $80.00 price target on shares of Euronet Worldwide in a research note on Thursday, January 8th. Needham & Company LLC reduced their price objective on shares of Euronet Worldwide from $100.00 to $80.00 and set a "buy" rating on the stock in a report on Thursday, February 12th. Monness Crespi & Hardt lowered shares of Euronet Worldwide from a "buy" rating to a "neutral" rating in a research note on Monday, January 5th. DA Davidson reiterated a "buy" rating and set a $112.00 price target on shares of Euronet Worldwide in a research report on Tuesday, February 17th. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Euronet Worldwide from $85.00 to $75.00 and set a "market perform" rating on the stock in a research note on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $96.00.

Check Out Our Latest Stock Report on Euronet Worldwide

About Euronet Worldwide

(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.

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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).

Institutional Ownership by Quarter for Euronet Worldwide (NASDAQ:EEFT)

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