Euronet Worldwide, Inc. (NASDAQ:EEFT) Receives $96.00 Consensus Target Price from Analysts

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have been assigned an average recommendation of “Hold” from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $96.00.

EEFT has been the topic of several research reports. Wolfe Research reaffirmed an “underperform” rating and set a $80.00 price objective on shares of Euronet Worldwide in a report on Thursday, January 8th. Keefe, Bruyette & Woods lowered their target price on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a research note on Friday, February 13th. DA Davidson set a $112.00 target price on Euronet Worldwide in a research report on Thursday, March 5th. Needham & Company LLC cut their price target on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Finally, Weiss Ratings upgraded Euronet Worldwide from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 17th.

Euronet Worldwide Trading Up 0.6%

EEFT opened at $66.37 on Friday. Euronet Worldwide has a 1-year low of $64.34 and a 1-year high of $114.25. The stock has a market capitalization of $2.61 billion, a PE ratio of 9.58, a PEG ratio of 0.52 and a beta of 0.80. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. The firm has a 50-day moving average price of $70.84 and a two-hundred day moving average price of $75.98.

Euronet Worldwide (NASDAQ:EEFT) last announced its earnings results 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 return on equity of 27.22% and a net margin of 7.33%.The company had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.11 billion. During the same quarter in the previous year, the company posted $2.08 earnings per share. Euronet Worldwide’s revenue for the quarter was up 5.9% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, equities analysts anticipate that Euronet Worldwide will post 9.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Neo Ivy Capital Management acquired a new stake in shares of Euronet Worldwide during the third quarter worth $1,724,000. Voss Capital LP lifted its stake in Euronet Worldwide by 66.5% in the third quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock valued at $117,665,000 after buying an additional 535,000 shares during the period. Tudor Investment Corp ET AL bought a new position in Euronet Worldwide during the third quarter worth about $42,813,000. Quantbot Technologies LP bought a new position in Euronet Worldwide during the third quarter worth about $2,081,000. Finally, Meritage Portfolio Management grew its position in shares of Euronet Worldwide by 18.8% during the 3rd quarter. Meritage Portfolio Management now owns 124,343 shares of the business services provider’s stock worth $10,919,000 after buying an additional 19,713 shares during the period. Institutional investors own 91.60% of the company’s stock.

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.