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

Shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) have earned an average rating of “Hold” from the eight analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $96.00.

EEFT has been the subject of a number of analyst reports. Weiss Ratings downgraded shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Needham & Company LLC cut 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. DA Davidson set a $112.00 price target on Euronet Worldwide in a report on Thursday. Wolfe Research reissued an “underperform” rating and set a $80.00 price target on shares of Euronet Worldwide in a research report on Thursday, January 8th. Finally, Keefe, Bruyette & Woods dropped their price objective on 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.

Euronet Worldwide Stock Down 1.2%

Shares of EEFT stock opened at $73.33 on Wednesday. The firm’s fifty day moving average price is $72.76 and its two-hundred day moving average price is $79.03. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.78. Euronet Worldwide has a 1 year low of $64.34 and a 1 year high of $114.25. The firm has a market capitalization of $2.88 billion, a P/E ratio of 10.58, a PEG ratio of 0.59 and a beta of 0.80.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Thursday, February 12th. The business services provider reported $2.39 earnings per share 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 firm 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 firm posted $2.08 earnings per share. Euronet Worldwide’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. On average, equities analysts predict that Euronet Worldwide will post 9.11 EPS for the current fiscal year.

Institutional Investors Weigh In On Euronet Worldwide

A number of large investors have recently added to or reduced their stakes in EEFT. Meritage Portfolio Management grew its stake in shares of Euronet Worldwide by 18.8% in the third quarter. Meritage Portfolio Management now owns 124,343 shares of the business services provider’s stock valued at $10,919,000 after acquiring an additional 19,713 shares in the last quarter. AlphaQuest LLC grew its position in shares of Euronet Worldwide by 1,358.1% during the 3rd quarter. AlphaQuest LLC now owns 32,560 shares of the business services provider’s stock worth $2,859,000 after purchasing an additional 30,327 shares in the last quarter. Prudential Financial Inc. increased its holdings in shares of Euronet Worldwide by 80.3% during the second quarter. Prudential Financial Inc. now owns 98,147 shares of the business services provider’s stock worth $9,950,000 after purchasing an additional 43,710 shares during the period. Reinhart Partners LLC. raised its position in shares of Euronet Worldwide by 20.3% in the third quarter. Reinhart Partners LLC. now owns 1,079,798 shares of the business services provider’s stock valued at $94,818,000 after buying an additional 181,888 shares in the last quarter. Finally, American Century Companies Inc. boosted its stake in shares of Euronet Worldwide by 20.4% in the second quarter. American Century Companies Inc. now owns 1,342,733 shares of the business services provider’s stock valued at $136,126,000 after buying an additional 227,597 shares during the period. Institutional investors own 91.60% of the company’s stock.

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.