Value Holdings Management CO. LLC Acquires 4,700 Shares of Euronet Worldwide, Inc. $EEFT

Key Points

• Value Holdings Management CO. LLC increased its stake in Euronet Worldwide by 8.1%, acquiring an additional 4,700 shares, bringing its total holdings to 62,523 shares valued at approximately $6.68 million.
• Euronet Worldwide reported earnings per share (EPS) of $2.56 for the last quarter, missing analysts' expectations by $0.10, while quarterly revenue reached $1.07 billion, slightly below the predicted $1.08 billion.
• Analyst ratings for Euronet Worldwide include a consensus of "Moderate Buy" with a target price of $123.83, while individual analysts set varying price targets, with some adjusting their estimates downward.

Value Holdings Management CO. LLC grew its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 8.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,523 shares of the business services provider's stock after acquiring an additional 4,700 shares during the quarter. Euronet Worldwide accounts for 1.3% of Value Holdings Management CO. LLC's holdings, making the stock its 22nd biggest position. Value Holdings Management CO. LLC owned 0.14% of Euronet Worldwide worth $6,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of EEFT. GAMMA Investing LLC lifted its holdings in shares of Euronet Worldwide by 21,258.8% during the 1st quarter. GAMMA Investing LLC now owns 203,763 shares of the business services provider's stock valued at $21,772,000 after purchasing an additional 202,809 shares in the last quarter. Burgundy Asset Management Ltd. lifted its holdings in shares of Euronet Worldwide by 21.0% during the 4th quarter. Burgundy Asset Management Ltd. now owns 1,096,300 shares of the business services provider's stock valued at $112,743,000 after purchasing an additional 190,453 shares in the last quarter. Voss Capital LP lifted its holdings in shares of Euronet Worldwide by 21.9% during the 4th quarter. Voss Capital LP now owns 630,000 shares of the business services provider's stock valued at $64,789,000 after purchasing an additional 113,236 shares in the last quarter. Reinhart Partners LLC. lifted its holdings in shares of Euronet Worldwide by 17.7% during the 1st quarter. Reinhart Partners LLC. now owns 738,383 shares of the business services provider's stock valued at $78,896,000 after purchasing an additional 111,234 shares in the last quarter. Finally, Millennium Management LLC lifted its holdings in shares of Euronet Worldwide by 45.7% during the 4th quarter. Millennium Management LLC now owns 302,967 shares of the business services provider's stock valued at $31,157,000 after purchasing an additional 95,091 shares in the last quarter. Institutional investors own 91.60% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on EEFT shares. William Blair reiterated an "outperform" rating on shares of Euronet Worldwide in a report on Thursday, April 24th. Needham & Company LLC decreased their price objective on Euronet Worldwide from $130.00 to $120.00 and set a "buy" rating for the company in a report on Friday, April 25th. Oppenheimer increased their price objective on Euronet Worldwide from $135.00 to $137.00 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. Finally, Keefe, Bruyette & Woods decreased their price objective on Euronet Worldwide from $112.00 to $110.00 and set a "market perform" rating for the company in a report on Friday, April 25th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $123.83.

Euronet Worldwide Stock Up 4.6%

EEFT traded up $4.3550 on Friday, hitting $98.3550. 382,147 shares of the company were exchanged, compared to its average volume of 473,721. Euronet Worldwide, Inc. has a 12 month low of $85.24 and a 12 month high of $114.25. The company has a market cap of $4.03 billion, a PE ratio of 13.49, a PEG ratio of 0.76 and a beta of 1.25. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.15 and a current ratio of 1.15. The stock's fifty day moving average is $100.35 and its 200-day moving average is $102.04.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last released its earnings results on Thursday, July 31st. The business services provider reported $2.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.66 by ($0.10). Euronet Worldwide had a return on equity of 26.62% and a net margin of 8.06%.The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same quarter in the previous year, the company posted $2.25 EPS. The business's revenue was up 8.9% on a year-over-year basis. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. Equities research 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.