Euronet Worldwide (NASDAQ:EEFT) had its target price upped by DA Davidson from $168.00 to $174.00 in a report released on Tuesday, Stock Target Advisor reports. The brokerage currently has a buy rating on the business services provider’s stock.
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Other research analysts also recently issued reports about the company. BidaskClub downgraded Euronet Worldwide from a sell rating to a strong sell rating in a research note on Wednesday, October 30th. Needham & Company LLC restated a buy rating and issued a $175.00 target price on shares of Euronet Worldwide in a report on Wednesday, October 23rd. ValuEngine upgraded Euronet Worldwide from a sell rating to a hold rating in a report on Monday, November 4th. Citigroup upped their target price on Euronet Worldwide from $168.00 to $189.00 and gave the company a buy rating in a report on Monday, September 9th. Finally, Northland Securities restated a buy rating and issued a $175.00 target price on shares of Euronet Worldwide in a report on Tuesday, October 1st. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the company’s stock. Euronet Worldwide has an average rating of Buy and an average price target of $171.89.
NASDAQ EEFT opened at $147.54 on Tuesday. The business has a fifty day moving average price of $145.40 and a 200 day moving average price of $153.23. Euronet Worldwide has a one year low of $91.78 and a one year high of $171.25. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.82 and a current ratio of 1.88. The company has a market cap of $8.00 billion, a P/E ratio of 27.79, a P/E/G ratio of 2.19 and a beta of 1.09.
In other Euronet Worldwide news, CEO Juan Bianchi sold 20,994 shares of the company’s stock in a transaction on Friday, August 30th. The stock was sold at an average price of $152.51, for a total value of $3,201,794.94. Following the completion of the sale, the chief executive officer now directly owns 20,994 shares in the company, valued at approximately $3,201,794.94. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 6.40% of the stock is owned by corporate insiders.
A number of large investors have recently modified their holdings of EEFT. WINTON GROUP Ltd grew its holdings in Euronet Worldwide by 79.2% in the 2nd quarter. WINTON GROUP Ltd now owns 3,831 shares of the business services provider’s stock valued at $645,000 after buying an additional 1,693 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of Euronet Worldwide during the 2nd quarter worth $443,000. CENTRAL TRUST Co grew its holdings in shares of Euronet Worldwide by 13,056.0% during the 2nd quarter. CENTRAL TRUST Co now owns 3,289 shares of the business services provider’s stock worth $557,000 after purchasing an additional 3,264 shares during the period. Camelot Portfolios LLC purchased a new position in shares of Euronet Worldwide during the 2nd quarter worth $206,000. Finally, Winslow Evans & Crocker Inc. grew its holdings in shares of Euronet Worldwide by 10,528.6% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 2,976 shares of the business services provider’s stock worth $502,000 after purchasing an additional 2,948 shares during the period. Institutional investors own 92.03% of the company’s stock.
Euronet Worldwide Company Profile
Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The company's Electronic Financial Transaction (EFT) 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 card outsourcing, card issuing, and merchant acquiring services.
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