Insider Buying: Euronet Worldwide (NASDAQ:EEFT) Director Buys $200,610.00 in Stock

Euronet Worldwide, Inc. (NASDAQ:EEFT) Director Thomas Mcdonnell purchased 3,000 shares of the stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average cost of $66.87 per share, with a total value of $200,610.00. Following the completion of the transaction, the director owned 100,219 shares in the company, valued at $6,701,644.53. This trade represents a 3.09% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Euronet Worldwide Trading Up 1.9%

Shares of NASDAQ EEFT opened at $70.58 on Friday. Euronet Worldwide, Inc. has a 1 year low of $63.73 and a 1 year high of $114.25. The stock has a market cap of $2.69 billion, a P/E ratio of 10.18, a price-to-earnings-growth ratio of 0.54 and a beta of 0.83. The firm has a 50-day moving average of $69.59 and a 200 day moving average of $72.00. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EEFT. Tudor Investment Corp ET AL bought a new stake in shares of Euronet Worldwide in the third quarter worth approximately $42,813,000. Bank of Montreal Can grew its stake in shares of Euronet Worldwide by 933.8% in the fourth quarter. Bank of Montreal Can now owns 1,993,682 shares of the business services provider’s stock worth $151,739,000 after acquiring an additional 1,800,837 shares during the period. AQR Capital Management LLC grew its stake in shares of Euronet Worldwide by 131.9% in the second quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock worth $132,632,000 after acquiring an additional 744,040 shares during the period. Turtle Creek Asset Management Inc. grew its stake in shares of Euronet Worldwide by 44.9% in the first quarter. Turtle Creek Asset Management Inc. now owns 1,847,040 shares of the business services provider’s stock worth $122,588,000 after acquiring an additional 572,194 shares during the period. Finally, Voss Capital LP grew its stake in shares of Euronet Worldwide by 66.5% in the third quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock worth $117,665,000 after acquiring an additional 535,000 shares during the period. 91.60% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

EEFT has been the subject of a number of recent research reports. Needham & Company LLC reissued a “buy” rating and set a $85.00 price target on shares of Euronet Worldwide in a research report on Friday, May 22nd. DA Davidson lowered their price target on shares of Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Keefe, Bruyette & Woods decreased their target price on shares of Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating for the company in a report on Friday, February 13th. Finally, Weiss Ratings cut shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, April 2nd. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus 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.