Militia Capital Partners LP Acquires New Position in Euronet Worldwide, Inc. $EEFT

Militia Capital Partners LP bought a new position in Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 9,000 shares of the business services provider’s stock, valued at approximately $790,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. lifted its holdings in shares of Euronet Worldwide by 48.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock worth $36,000 after acquiring an additional 109 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in shares of Euronet Worldwide by 4.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 2,420 shares of the business services provider’s stock valued at $245,000 after purchasing an additional 113 shares during the last quarter. Lecap Asset Management Ltd. raised its position in Euronet Worldwide by 2.9% in the 3rd quarter. Lecap Asset Management Ltd. now owns 4,550 shares of the business services provider’s stock worth $400,000 after purchasing an additional 129 shares during the period. Evergreen Capital Management LLC raised its position in Euronet Worldwide by 0.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 34,035 shares of the business services provider’s stock worth $3,450,000 after purchasing an additional 129 shares during the period. Finally, Quadrant Capital Group LLC lifted its stake in Euronet Worldwide by 3.2% in the second quarter. Quadrant Capital Group LLC now owns 4,228 shares of the business services provider’s stock worth $429,000 after purchasing an additional 131 shares during the last quarter. 91.60% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

EEFT has been the subject of several analyst reports. Monness Crespi & Hardt lowered shares of Euronet Worldwide from a “buy” rating to a “neutral” rating in a research report on Monday, January 5th. Wolfe Research reiterated an “underperform” rating and issued a $80.00 price objective on shares of Euronet Worldwide in a report on Thursday, January 8th. Needham & Company LLC lowered their target price on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. DA Davidson set a $112.00 price target on Euronet Worldwide in a research report on Thursday, March 5th. Finally, Keefe, Bruyette & Woods decreased their price target on Euronet Worldwide from $85.00 to $75.00 and set a “market perform” rating on the stock in a research note on Friday, February 13th. Four 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. According to MarketBeat, Euronet Worldwide currently has an average rating of “Hold” and an average price target of $96.00.

Euronet Worldwide Price Performance

Shares of Euronet Worldwide stock opened at $70.79 on Tuesday. The company’s fifty day simple moving average is $72.35 and its two-hundred day simple moving average is $77.83. Euronet Worldwide, Inc. has a 12-month low of $64.34 and a 12-month high of $114.25. The firm has a market cap of $2.78 billion, a PE ratio of 10.22, a price-to-earnings-growth ratio of 0.56 and a beta of 0.80. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.78.

Euronet Worldwide (NASDAQ:EEFT) last issued its quarterly earnings data on Thursday, February 12th. The business services provider reported $2.39 EPS for the quarter, missing the consensus estimate of $2.48 by ($0.09). The firm had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Euronet Worldwide had a net margin of 7.33% and a return on equity of 27.22%. The business’s revenue was up 5.9% on a year-over-year basis. During the same period last year, the company posted $2.08 earnings per share. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. As a group, equities analysts expect that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Euronet Worldwide Company Profile

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.