Euronet Worldwide, Inc. $EEFT Shares Acquired by Value Holdings Management CO. LLC

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 increased its holdings in Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 8.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 62,523 shares of the business services provider's stock after acquiring an additional 4,700 shares during the quarter. Euronet Worldwide makes up about 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 SEC filing.

A number of other institutional investors have also modified their holdings of EEFT. Invesco Ltd. increased its holdings in shares of Euronet Worldwide by 25.2% in the 4th quarter. Invesco Ltd. now owns 123,386 shares of the business services provider's stock valued at $12,689,000 after acquiring an additional 24,829 shares during the period. Mariner LLC boosted its holdings in shares of Euronet Worldwide by 20.2% in the fourth quarter. Mariner LLC now owns 4,197 shares of the business services provider's stock valued at $432,000 after acquiring an additional 706 shares in the last quarter. Jump Financial LLC purchased a new stake in shares of Euronet Worldwide in the fourth quarter valued at about $263,000. First Trust Advisors LP increased its stake in shares of Euronet Worldwide by 59.0% during the fourth quarter. First Trust Advisors LP now owns 190,612 shares of the business services provider's stock worth $19,602,000 after acquiring an additional 70,719 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Euronet Worldwide by 3.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 821,777 shares of the business services provider's stock worth $84,512,000 after acquiring an additional 24,569 shares during the period. 91.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on EEFT shares. Needham & Company LLC reduced their price objective on shares of Euronet Worldwide from $130.00 to $120.00 and set a "buy" rating for the company in a research report on Friday, April 25th. Keefe, Bruyette & Woods reduced their price target 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. Oppenheimer lifted their price target on Euronet Worldwide from $135.00 to $137.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. Finally, William Blair reiterated an "outperform" rating on shares of Euronet Worldwide in a research report on Thursday, April 24th. One investment 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 company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $123.83.

Euronet Worldwide Price Performance

Shares of NASDAQ EEFT traded down $0.06 during midday trading on Wednesday, hitting $95.09. The company had a trading volume of 911,669 shares, compared to its average volume of 473,577. The company has a quick ratio of 1.15, a current ratio of 1.15 and a debt-to-equity ratio of 0.74. Euronet Worldwide, Inc. has a twelve month low of $85.24 and a twelve month high of $114.25. The business has a 50-day simple moving average of $101.07 and a two-hundred day simple moving average of $102.11. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 13.04, a price-to-earnings-growth ratio of 0.77 and a beta of 1.25.

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The business services provider reported $2.56 EPS for the quarter, missing the consensus estimate of $2.66 by ($0.10). Euronet Worldwide had a net margin of 8.06% and a return on equity of 26.62%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the business earned $2.25 EPS. The firm's revenue for the quarter 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 anticipate that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current 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.