Impact Partnership Wealth LLC Purchases New Shares in Euronet Worldwide, Inc. $EEFT

Impact Partnership Wealth LLC purchased a new stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 2,153 shares of the business services provider’s stock, valued at approximately $218,000.

Several other large investors have also added to or reduced their stakes in the stock. Atria Investments Inc boosted its holdings in Euronet Worldwide by 5.4% in the second quarter. Atria Investments Inc now owns 2,923 shares of the business services provider’s stock valued at $296,000 after acquiring an additional 149 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Euronet Worldwide by 7.5% in the second quarter. Envestnet Asset Management Inc. now owns 63,561 shares of the business services provider’s stock valued at $6,444,000 after acquiring an additional 4,454 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in Euronet Worldwide by 145.6% in the second quarter. Nisa Investment Advisors LLC now owns 27,252 shares of the business services provider’s stock valued at $2,763,000 after acquiring an additional 16,155 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in Euronet Worldwide by 23.2% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,301 shares of the business services provider’s stock valued at $436,000 after acquiring an additional 809 shares in the last quarter. Finally, Brighton Jones LLC bought a new stake in Euronet Worldwide in the second quarter valued at $293,000. Institutional investors own 91.60% of the company’s stock.

Analyst Ratings Changes

Several analysts recently weighed in on EEFT shares. Keefe, Bruyette & Woods cut their price target on shares of Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Wall Street Zen cut shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Needham & Company LLC dropped their target price on shares of Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating on the stock in a report on Thursday, October 23rd. Weiss Ratings restated a “hold (c)” rating on shares of Euronet Worldwide in a report on Wednesday, October 8th. Finally, DA Davidson restated a “buy” rating and set a $130.00 target price on shares of Euronet Worldwide in a report on Friday, September 12th. Five investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $117.60.

Euronet Worldwide Stock Performance

Shares of Euronet Worldwide stock opened at $75.86 on Friday. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 0.63 and a beta of 1.21. The firm’s 50-day moving average is $87.84 and its 200 day moving average is $97.37. Euronet Worldwide, Inc. has a 1 year low of $74.68 and a 1 year high of $114.25. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.15.

Euronet Worldwide (NASDAQ:EEFT) last announced its quarterly earnings results on Thursday, October 23rd. The business services provider reported $3.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.58 by $0.04. The company had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.20 billion. Euronet Worldwide had a net margin of 7.27% and a return on equity of 27.63%. Euronet Worldwide’s revenue was up 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.03 EPS. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. Sell-side analysts anticipate that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

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.