Euronet Worldwide (NASDAQ:EEFT) Reaches New 52-Week Low – Time to Sell?

Euronet Worldwide, Inc. (NASDAQ:EEFT) reached a new 52-week low during trading on Thursday . The stock traded as low as $64.34 and last traded at $63.9740, with a volume of 389388 shares traded. The stock had previously closed at $66.01.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on EEFT shares. Keefe, Bruyette & Woods lowered their target price 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. DA Davidson set a $112.00 price target on shares of Euronet Worldwide in a research note on Thursday, March 5th. Monness Crespi & Hardt cut shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a report on Monday, January 5th. Needham & Company LLC dropped their target price 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. Finally, Wolfe Research reaffirmed an “underperform” rating and issued a $80.00 target price on shares of Euronet Worldwide in a research report on Thursday, January 8th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $96.00.

Euronet Worldwide Stock Performance

The business has a fifty day simple moving average of $70.69 and a two-hundred day simple moving average of $75.91. The company has a market cap of $2.51 billion, a P/E ratio of 9.23, a P/E/G ratio of 0.53 and a beta of 0.82. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.78.

Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings results on Thursday, February 12th. The business services provider reported $2.39 EPS for the quarter, missing the consensus estimate of $2.48 by ($0.09). Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The business had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period in the previous year, the company earned $2.08 EPS. Euronet Worldwide’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. On average, sell-side analysts anticipate that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Tudor Investment Corp ET AL bought a new stake in shares of Euronet Worldwide during the 3rd quarter valued at $42,813,000. Bank of Montreal Can raised its holdings in Euronet Worldwide by 933.8% in the 4th quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock worth $151,739,000 after purchasing an additional 1,800,837 shares during the period. AQR Capital Management LLC lifted its position in Euronet Worldwide by 131.9% during the second quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock valued at $132,632,000 after purchasing an additional 744,040 shares in the last quarter. Voss Capital LP grew its holdings in Euronet Worldwide by 66.5% during 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 purchasing an additional 535,000 shares during the period. Finally, Brown Advisory Inc. bought a new stake in Euronet Worldwide during the fourth quarter valued at about $37,523,000. Hedge funds and other 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.