Euronet Worldwide, Inc. $EEFT Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 453,543 shares of the business services provider’s stock after purchasing an additional 20,868 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Euronet Worldwide were worth $34,519,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Neo Ivy Capital Management purchased a new stake in shares of Euronet Worldwide in the third quarter valued at approximately $1,724,000. Voss Capital LP boosted its stake in shares of 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 in the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of Euronet Worldwide in the third quarter valued at approximately $42,813,000. AlphaQuest LLC boosted its stake in shares of Euronet Worldwide by 1,358.1% in the third quarter. AlphaQuest LLC now owns 32,560 shares of the business services provider’s stock valued at $2,859,000 after buying an additional 30,327 shares in the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Euronet Worldwide in the third quarter valued at approximately $2,081,000. Institutional investors and hedge funds own 91.60% of the company’s stock.

Analyst Ratings Changes

EEFT has been the topic of a number of analyst reports. Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, April 2nd. Keefe, Bruyette & Woods decreased their target price on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research report on Friday, February 13th. DA Davidson decreased their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, Needham & Company LLC boosted their target price on Euronet Worldwide from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, Euronet Worldwide has an average rating of “Hold” and a consensus target price of $95.00.

Euronet Worldwide Stock Down 2.3%

EEFT opened at $66.08 on Friday. The business’s fifty day moving average is $70.43 and its two-hundred day moving average is $72.51. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.28 and a current ratio of 1.28. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 9.54, a PEG ratio of 0.52 and a beta of 0.83. Euronet Worldwide, Inc. has a one year low of $63.73 and a one year high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last posted its earnings results on Wednesday, April 29th. The business services provider reported $1.58 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.16. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $969.68 million. Euronet Worldwide had a return on equity of 28.37% and a net margin of 7.15%.Euronet Worldwide’s quarterly revenue was up 10.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.13 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Analysts anticipate that Euronet Worldwide, Inc. will post 9.83 EPS for the current fiscal year.

Euronet Worldwide Company 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.