Euronet Worldwide, Inc. (NASDAQ:EEFT – Get Free Report) CEO Juan Bianchi sold 4,000 shares of Euronet Worldwide stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $102.58, for a total value of $410,320.00. Following the sale, the chief executive officer now owns 12,440 shares in the company, valued at $1,276,095.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Euronet Worldwide Price Performance
Shares of NASDAQ EEFT opened at $97.21 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.19 and a current ratio of 1.19. Euronet Worldwide, Inc. has a fifty-two week low of $73.84 and a fifty-two week high of $117.66. The stock has a market cap of $4.46 billion, a PE ratio of 17.11 and a beta of 1.46. The stock has a fifty day moving average of $101.79 and a 200-day moving average of $106.60.
Euronet Worldwide (NASDAQ:EEFT – Get Free Report) last posted its earnings results on Thursday, July 18th. The business services provider reported $2.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.21. Euronet Worldwide had a return on equity of 27.81% and a net margin of 7.46%. The business had revenue of $986.20 million during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the firm earned $1.84 EPS. The company’s quarterly revenue was up 5.0% compared to the same quarter last year. Equities research analysts anticipate that Euronet Worldwide, Inc. will post 7.88 earnings per share for the current year.
Institutional Trading of Euronet Worldwide
Analysts Set New Price Targets
EEFT has been the subject of several research analyst reports. Monness Crespi & Hardt raised their target price on Euronet Worldwide from $140.00 to $145.00 and gave the company a “neutral” rating in a research report on Monday, July 22nd. Wolfe Research raised shares of Euronet Worldwide from an “underperform” rating to a “peer perform” rating in a research report on Friday, May 17th. StockNews.com cut shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research note on Friday, August 9th. Citigroup raised their price target on shares of Euronet Worldwide from $120.00 to $135.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $125.00 price objective on shares of Euronet Worldwide in a research note on Wednesday, September 4th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Euronet Worldwide currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.11.
Check Out Our Latest Stock Analysis on EEFT
About Euronet Worldwide
Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services.
Featured Articles
- Five stocks we like better than Euronet Worldwide
- Buy P&G Now, Before It Sets A New All-Time High
- Goldilocks CPI Report Leads Market to Sell Off, Lower Lows Ahead
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- GameStop: Earnings Won’t Save It, Dilution Points to Trouble
- Most Volatile Stocks, What Investors Need to Know
- Dividend Aristocrats or Dividend Kings: Which Is Best for You?
Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.