News coverage about Euronet Worldwide (NASDAQ:EEFT) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Euronet Worldwide earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 45.7449077372754 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
NASDAQ EEFT opened at $76.35 on Tuesday. The company has a market cap of $3,953.77, a PE ratio of 17.63, a PEG ratio of 1.02 and a beta of 1.50. Euronet Worldwide has a 52 week low of $70.67 and a 52 week high of $101.07. The company has a quick ratio of 1.27, a current ratio of 1.34 and a debt-to-equity ratio of 0.34.
Euronet Worldwide (NASDAQ:EEFT) last released its quarterly earnings data on Wednesday, February 7th. The business services provider reported $1.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.12 by $0.01. The firm had revenue of $604.60 million during the quarter, compared to the consensus estimate of $609.53 million. Euronet Worldwide had a return on equity of 21.76% and a net margin of 6.97%. The company’s quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.99 earnings per share. equities analysts anticipate that Euronet Worldwide will post 5 earnings per share for the current fiscal year.
EEFT has been the topic of several recent analyst reports. DA Davidson boosted their price target on Euronet Worldwide to $118.00 and gave the company a “buy” rating in a research note on Thursday, February 1st. Lake Street Capital boosted their price target on Euronet Worldwide from $100.00 to $106.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Zacks Investment Research raised Euronet Worldwide from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. BidaskClub raised Euronet Worldwide from a “sell” rating to a “hold” rating in a research note on Saturday, March 17th. Finally, ValuEngine lowered Euronet Worldwide from a “hold” rating to a “sell” rating in a research note on Wednesday, April 4th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $111.71.
In other news, CEO Michael J. Brown sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $79.63, for a total transaction of $1,592,600.00. Following the completion of the sale, the chief executive officer now owns 1,502,348 shares in the company, valued at $119,631,971.24. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last 90 days, insiders have sold 80,000 shares of company stock valued at $6,804,800. Corporate insiders own 7.40% of the company’s stock.
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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 operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer.
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