CenterBook Partners LP Buys Shares of 32,503 Euronet Worldwide, Inc. $EEFT

CenterBook Partners LP bought a new stake in Euronet Worldwide, Inc. (NASDAQ:EEFT) during the 4th quarter, HoldingsChannel.com reports. The firm bought 32,503 shares of the business services provider’s stock, valued at approximately $2,474,000.

A number of other institutional investors have also recently made changes to their positions in the company. Johnson Financial Group Inc. acquired a new stake in shares of Euronet Worldwide in the third quarter valued at about $26,000. Danske Bank A S purchased a new position in shares of Euronet Worldwide during the 3rd quarter worth $26,000. Geneos Wealth Management Inc. boosted its position in shares of Euronet Worldwide by 48.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 334 shares of the business services provider’s stock valued at $36,000 after acquiring an additional 109 shares during the last quarter. Abich Financial Wealth Management LLC purchased a new position in Euronet Worldwide during the third quarter worth about $37,000. Finally, 1620 Investment Advisors Inc. boosted its holdings in Euronet Worldwide by 123.1% in the 4th quarter. 1620 Investment Advisors Inc. now owns 589 shares of the business services provider’s stock valued at $45,000 after purchasing an additional 325 shares during the last quarter. 91.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Euronet Worldwide Stock Performance

Shares of Euronet Worldwide stock opened at $65.68 on Wednesday. The stock has a market capitalization of $2.50 billion, a price-to-earnings ratio of 9.48, a price-to-earnings-growth ratio of 0.52 and a beta of 0.82. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.28 and a quick ratio of 1.28. The business has a 50-day moving average of $69.98 and a 200 day moving average of $71.94. Euronet Worldwide, Inc. has a 12 month low of $63.73 and a 12 month high of $114.25.

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

Insider Buying and Selling at Euronet Worldwide

In other Euronet Worldwide news, Director Thomas A. Mcdonnell bought 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were purchased 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 directly owned 100,219 shares of the company’s stock, valued at $6,701,644.53. This represents a 3.09% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 12.19% of the company’s stock.

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.