Euronet Worldwide, Inc. $EEFT Stock Position Lessened by P.A.W. Capital Corp

P.A.W. Capital Corp cut its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 38.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,000 shares of the business services provider’s stock after selling 25,000 shares during the period. Euronet Worldwide accounts for about 6.6% of P.A.W. Capital Corp’s holdings, making the stock its 6th biggest position. P.A.W. Capital Corp owned approximately 0.10% of Euronet Worldwide worth $3,044,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Johnson Financial Group Inc. acquired a new stake in shares of Euronet Worldwide during the third quarter worth $26,000. Danske Bank A S acquired a new stake in shares of Euronet Worldwide during the third quarter worth $26,000. Geneos Wealth Management Inc. lifted its holdings in shares of Euronet Worldwide by 48.4% during the first quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after purchasing an additional 109 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in shares of Euronet Worldwide during the third quarter worth $37,000. Finally, 1620 Investment Advisors Inc. lifted its holdings in shares of Euronet Worldwide by 123.1% during the fourth quarter. 1620 Investment Advisors Inc. now owns 589 shares of the business services provider’s stock worth $45,000 after purchasing an additional 325 shares during the period. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Euronet Worldwide news, Director Thomas A. Mcdonnell bought 3,000 shares of Euronet Worldwide stock in a transaction on Tuesday, May 26th. The stock was bought at an average price of $66.87 per share, with a total value of $200,610.00. Following the completion of the acquisition, the director owned 100,219 shares in the company, valued at $6,701,644.53. The trade was a 3.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 12.19% of the company’s stock.

Euronet Worldwide Price Performance

Euronet Worldwide stock opened at $72.53 on Monday. Euronet Worldwide, Inc. has a one year low of $63.73 and a one year high of $114.25. 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 business has a fifty day moving average of $69.69 and a two-hundred day moving average of $72.01. The company has a market cap of $2.76 billion, a P/E ratio of 10.47, a price-to-earnings-growth ratio of 0.57 and a beta of 0.83.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on EEFT shares. Needham & Company LLC reaffirmed a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a report on Friday, May 22nd. Keefe, Bruyette & Woods decreased their price target on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a report on Friday, February 13th. DA Davidson decreased their price target on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Weiss Ratings downgraded Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $95.00.

About Euronet Worldwide

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.