Euronet Worldwide, Inc. $EEFT Shares Acquired by Voss Capital LP

Voss Capital LP increased its holdings in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 66.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,340,000 shares of the business services provider’s stock after purchasing an additional 535,000 shares during the quarter. Euronet Worldwide accounts for 5.7% of Voss Capital LP’s holdings, making the stock its 4th biggest position. Voss Capital LP owned approximately 3.19% of Euronet Worldwide worth $117,665,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of EEFT. AQR Capital Management LLC boosted its holdings 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 valued at $132,632,000 after buying an additional 744,040 shares during the period. Norges Bank acquired a new stake in shares of Euronet Worldwide during the second quarter worth $48,417,000. American Century Companies Inc. raised its holdings in shares of Euronet Worldwide by 29.7% during the third quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock worth $152,965,000 after acquiring an additional 399,263 shares during the period. Boston Partners bought a new stake in Euronet Worldwide in the 3rd quarter valued at $23,455,000. Finally, Turtle Creek Asset Management Inc. lifted its position in Euronet Worldwide by 35.4% in the 3rd quarter. Turtle Creek Asset Management Inc. now owns 955,346 shares of the business services provider’s stock valued at $83,889,000 after acquiring an additional 249,676 shares in the last quarter. 91.60% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Weiss Ratings cut Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, March 3rd. DA Davidson set a $112.00 price target on Euronet Worldwide in a report on Thursday, March 5th. Wolfe Research reaffirmed an “underperform” rating and set a $80.00 price objective on shares of Euronet Worldwide in a research report on Thursday, January 8th. Monness Crespi & Hardt downgraded Euronet Worldwide from a “buy” rating to a “neutral” rating in a report on Monday, January 5th. Finally, Needham & Company LLC dropped their target price on Euronet Worldwide from $100.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Euronet Worldwide currently has a consensus rating of “Hold” and a consensus target price of $96.00.

Euronet Worldwide Stock Up 1.1%

EEFT stock opened at $71.55 on Wednesday. The company has a market cap of $2.81 billion, a price-to-earnings ratio of 10.32, a P/E/G ratio of 0.56 and a beta of 0.80. Euronet Worldwide, Inc. has a twelve month low of $64.34 and a twelve month high of $114.25. The business has a 50 day moving average price of $72.25 and a two-hundred day moving average price of $77.68. 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 announced its quarterly earnings data on Thursday, February 12th. The business services provider reported $2.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.48 by ($0.09). The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.11 billion. Euronet Worldwide had a return on equity of 27.22% and a net margin of 7.33%.During the same quarter in the prior year, the company earned $2.08 EPS. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Euronet Worldwide has set its FY 2026 guidance at 10.570-11.050 EPS. Analysts anticipate that Euronet Worldwide, Inc. will post 9.11 EPS for the current fiscal year.

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.