Tudor Investment Corp ET AL Takes Position in Euronet Worldwide, Inc. $EEFT

Tudor Investment Corp ET AL acquired a new position in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) during the third quarter, Holdings Channel reports. The fund acquired 45,000,000 shares of the business services provider’s stock, valued at approximately $42,813,000. Tudor Investment Corp ET AL owned 1.07% of Euronet Worldwide at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Geneos Wealth Management Inc. increased its position in Euronet Worldwide by 48.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after buying an additional 109 shares in the last quarter. PNC Financial Services Group Inc. grew its stake 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 valued at $245,000 after acquiring an additional 113 shares during the period. Lecap Asset Management Ltd. increased its holdings in shares of Euronet Worldwide by 2.9% during the third quarter. Lecap Asset Management Ltd. now owns 4,550 shares of the business services provider’s stock valued at $400,000 after acquiring an additional 129 shares in the last quarter. Evergreen Capital Management LLC raised its position in shares of Euronet Worldwide by 0.4% during the second quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider’s stock worth $3,450,000 after purchasing an additional 129 shares during the period. Finally, Quadrant Capital Group LLC raised its position in shares of Euronet Worldwide by 3.2% during the second quarter. Quadrant Capital Group LLC now owns 4,228 shares of the business services provider’s stock worth $429,000 after purchasing an additional 131 shares during the period. 91.60% of the stock is currently owned by institutional investors and hedge funds.

Euronet Worldwide Stock Down 5.4%

EEFT opened at $67.68 on Thursday. Euronet Worldwide, Inc. has a fifty-two week low of $64.34 and a fifty-two week high of $114.25. The firm has a market capitalization of $2.66 billion, a P/E ratio of 9.77, a PEG ratio of 0.57 and a beta of 0.80. The company’s 50-day moving average is $72.12 and its 200 day moving average is $77.61. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.11 and a quick ratio of 1.11.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings data 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 firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter last year, the business posted $2.08 EPS. The company’s quarterly revenue was up 5.9% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Research analysts expect that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Euronet Worldwide Profile

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.