P.A.W. Capital Corp Makes New $2.53 Million Investment in Euronet Worldwide, Inc. $EEFT

P.A.W. Capital Corp bought a new position in Euronet Worldwide, Inc. (NASDAQ:EEFT) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 25,000 shares of the business services provider’s stock, valued at approximately $2,534,000. Euronet Worldwide accounts for 4.9% of P.A.W. Capital Corp’s holdings, making the stock its 8th biggest holding. P.A.W. Capital Corp owned 0.06% of Euronet Worldwide at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. LRI Investments LLC increased its position in Euronet Worldwide by 26.7% during the 2nd quarter. LRI Investments LLC now owns 1,540 shares of the business services provider’s stock valued at $156,000 after purchasing an additional 325 shares during the period. Savant Capital LLC lifted its position in shares of Euronet Worldwide by 215.0% in the 2nd quarter. Savant Capital LLC now owns 20,624 shares of the business services provider’s stock worth $2,091,000 after purchasing an additional 14,076 shares during the period. Nisa Investment Advisors LLC boosted its stake in shares of Euronet Worldwide by 145.6% during the second quarter. Nisa Investment Advisors LLC now owns 27,252 shares of the business services provider’s stock valued at $2,763,000 after purchasing an additional 16,155 shares in the last quarter. Allianz Asset Management GmbH purchased a new position in Euronet Worldwide during the second quarter valued at approximately $1,344,000. Finally, Blueshift Asset Management LLC bought a new position in Euronet Worldwide in the first quarter worth approximately $597,000. Hedge funds and other institutional investors own 91.60% of the company’s stock.

Analysts Set New Price Targets

Several analysts have issued reports on EEFT shares. DA Davidson reaffirmed a “buy” rating and set a $130.00 target price on shares of Euronet Worldwide in a research report on Friday, September 12th. Needham & Company LLC decreased their price objective on Euronet Worldwide from $120.00 to $100.00 and set a “buy” rating for the company in a research note on Thursday, October 23rd. Oppenheimer cut their target price on Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating on the stock in a research note on Friday, October 17th. Wall Street Zen downgraded shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a report on Saturday, October 18th. Finally, Keefe, Bruyette & Woods lowered their price target on shares of Euronet Worldwide from $100.00 to $95.00 and set a “market perform” rating on the stock in a report on Friday, October 24th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $117.60.

Euronet Worldwide Price Performance

NASDAQ EEFT opened at $69.79 on Wednesday. The company has a market cap of $2.93 billion, a price-to-earnings ratio of 10.22, a PEG ratio of 0.63 and a beta of 1.20. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.15 and a quick ratio of 1.15. The stock’s fifty day moving average price is $82.84 and its 200 day moving average price is $95.24. Euronet Worldwide, Inc. has a 1 year low of $68.81 and a 1 year high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Thursday, October 23rd. The business services provider reported $3.62 earnings per share for the quarter, beating the consensus estimate of $3.58 by $0.04. Euronet Worldwide had a return on equity of 27.63% and a net margin of 7.27%.The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the previous year, the business earned $3.03 EPS. The company’s quarterly revenue was up 4.2% compared to the same quarter last year. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. As a group, equities research analysts forecast that Euronet Worldwide, Inc. will post 9.11 earnings per share for the current year.

About Euronet Worldwide

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit and prepaid card outsourcing, card issuing, and merchant acquiring services.