Global Alpha Capital Management Ltd. Grows Stock Position in Euronet Worldwide, Inc. $EEFT

Global Alpha Capital Management Ltd. boosted its stake in shares of Euronet Worldwide, Inc. (NASDAQ:EEFT) by 74.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 238,063 shares of the business services provider’s stock after purchasing an additional 101,263 shares during the quarter. Global Alpha Capital Management Ltd.’s holdings in Euronet Worldwide were worth $18,119,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of EEFT. Tudor Investment Corp ET AL purchased a new position in shares of Euronet Worldwide in the third quarter valued at approximately $42,813,000. AQR Capital Management LLC boosted its position in shares of Euronet Worldwide by 131.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,308,267 shares of the business services provider’s stock valued at $132,632,000 after purchasing an additional 744,040 shares during the period. Voss Capital LP grew its position in Euronet Worldwide by 66.5% during the 3rd quarter. Voss Capital LP now owns 1,340,000 shares of the business services provider’s stock worth $117,665,000 after purchasing an additional 535,000 shares during the last quarter. Norges Bank purchased a new stake in shares of Euronet Worldwide during the fourth quarter worth approximately $34,345,000. Finally, American Century Companies Inc. lifted its position in Euronet Worldwide by 29.7% in the third quarter. American Century Companies Inc. now owns 1,741,996 shares of the business services provider’s stock valued at $152,965,000 after purchasing an additional 399,263 shares during the period. 91.60% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Euronet Worldwide

In other Euronet Worldwide news, Director Thomas A. Mcdonnell bought 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average price of $66.87 per share, for a total transaction of $200,610.00. Following the transaction, the director directly owned 100,219 shares in the company, valued at approximately $6,701,644.53. This trade represents a 3.09% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 12.19% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. DA Davidson reduced their target price on Euronet Worldwide from $112.00 to $102.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Needham & Company LLC reiterated a “buy” rating and set a $85.00 price objective on shares of Euronet Worldwide in a research report on Friday, May 22nd. Weiss Ratings lowered shares of Euronet Worldwide from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 2nd. Finally, Keefe, Bruyette & Woods reduced 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 research note on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $95.00.

Euronet Worldwide Stock Down 5.8%

Shares of NASDAQ EEFT opened at $66.74 on Friday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.28 and a current ratio of 1.28. Euronet Worldwide, Inc. has a 52 week low of $63.73 and a 52 week high of $114.25. The stock has a market capitalization of $2.54 billion, a P/E ratio of 9.63, a PEG ratio of 0.52 and a beta of 0.82. The stock’s fifty day moving average is $70.02 and its 200 day moving average is $71.99.

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

Euronet Worldwide 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.