Victory Capital Management Inc. Reduces Stake in Euronet Worldwide, Inc. $EEFT

Key Points

• Victory Capital Management trimmed its stake in Euronet by 9.8% in Q3, selling 50,733 shares and now holds 466,001 shares (about 1.11% of the company) valued at $40.92 million.
• Euronet reported $2.39 EPS for the quarter, missing estimates by $0.09 while revenue rose 5.9% year-over-year to $1.11 billion, and the company set FY2026 guidance of 10.570–11.050 EPS; the stock trades at a market cap of $2.88 billion and a P/E of 10.58.
• Analyst sentiment is mixed—four Buys, two Holds and two Sells with an average rating of Hold and an average price target of $96—and institutional investors own roughly 91.6% of the stock.

Victory Capital Management Inc. reduced its stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT - Free Report) by 9.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 466,001 shares of the business services provider's stock after selling 50,733 shares during the period. Victory Capital Management Inc. owned about 1.11% of Euronet Worldwide worth $40,920,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its stake in Euronet Worldwide by 48.4% in the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider's stock valued at $36,000 after purchasing an additional 109 shares during the last quarter. PNC Financial Services Group Inc. increased its position in Euronet Worldwide by 4.9% in the second quarter. PNC Financial Services Group Inc. now owns 2,420 shares of the business services provider's stock worth $245,000 after buying an additional 113 shares during the last quarter. Lecap Asset Management Ltd. increased its position in Euronet Worldwide by 2.9% in the third quarter. Lecap Asset Management Ltd. now owns 4,550 shares of the business services provider's stock worth $400,000 after buying an additional 129 shares during the last quarter. Evergreen Capital Management LLC raised its stake in shares of Euronet Worldwide by 0.4% in the second quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider's stock valued at $3,450,000 after buying an additional 129 shares during the period. Finally, Quadrant Capital Group LLC raised its stake in shares of Euronet Worldwide by 3.2% in the second quarter. Quadrant Capital Group LLC now owns 4,228 shares of the business services provider's stock valued at $429,000 after buying an additional 131 shares during the period. Hedge funds and other institutional investors own 91.60% of the company's stock.

Euronet Worldwide Price Performance

Euronet Worldwide stock opened at $73.33 on Friday. The firm has a market capitalization of $2.88 billion, a P/E ratio of 10.58, a PEG ratio of 0.58 and a beta of 0.80. Euronet Worldwide, Inc. has a one year low of $64.34 and a one year high of $114.25. 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 business has a fifty day moving average price of $72.76 and a 200-day moving average price of $78.92.

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

Analysts Set New Price Targets

Several research firms have recently weighed in on EEFT. Monness Crespi & Hardt downgraded Euronet Worldwide from a "buy" rating to a "neutral" rating in a research note on Monday, January 5th. Weiss Ratings cut Euronet Worldwide from a "hold (c-)" rating to a "sell (d+)" rating in a research note on Tuesday. DA Davidson set a $112.00 price objective on shares of Euronet Worldwide in a report on Thursday. Wolfe Research reiterated an "underperform" rating and set a $80.00 target price on shares of Euronet Worldwide in a research report on Thursday, January 8th. Finally, Needham & Company LLC reduced their target price on shares of Euronet Worldwide from $100.00 to $80.00 and set a "buy" rating for the company in a research note on Thursday, February 12th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Euronet Worldwide currently has an average rating of "Hold" and an average price target of $96.00.

About Euronet Worldwide

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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