Yousif Capital Management LLC Sells 458 Shares of Euronet Worldwide, Inc. $EEFT

Yousif Capital Management LLC lessened its position in Euronet Worldwide, Inc. (NASDAQ:EEFT) by 3.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,673 shares of the business services provider’s stock after selling 458 shares during the quarter. Yousif Capital Management LLC’s holdings in Euronet Worldwide were worth $1,386,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of EEFT. AQR Capital Management LLC raised its holdings in Euronet Worldwide by 102.5% in the 1st quarter. AQR Capital Management LLC now owns 564,227 shares of the business services provider’s stock worth $59,388,000 after acquiring an additional 285,564 shares during the period. Voss Capital LP raised its holdings in Euronet Worldwide by 30.9% in the 1st quarter. Voss Capital LP now owns 824,589 shares of the business services provider’s stock worth $88,107,000 after acquiring an additional 194,589 shares during the period. Reinhart Partners LLC. raised its holdings in Euronet Worldwide by 21.6% in the 2nd quarter. Reinhart Partners LLC. now owns 897,910 shares of the business services provider’s stock worth $91,032,000 after acquiring an additional 159,527 shares during the period. Public Sector Pension Investment Board bought a new position in Euronet Worldwide in the 1st quarter worth $9,962,000. Finally, Goldman Sachs Group Inc. raised its holdings in Euronet Worldwide by 17.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 628,384 shares of the business services provider’s stock worth $67,143,000 after acquiring an additional 91,348 shares during the period. Institutional investors own 91.60% of the company’s stock.

Euronet Worldwide Stock Performance

NASDAQ EEFT opened at $87.34 on Tuesday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.15 and a quick ratio of 1.15. The firm has a market capitalization of $3.58 billion, a price-to-earnings ratio of 11.98, a P/E/G ratio of 0.70 and a beta of 1.21. The company’s fifty day moving average is $90.46 and its two-hundred day moving average is $98.12. Euronet Worldwide, Inc. has a 52-week low of $82.18 and a 52-week high of $114.25.

Euronet Worldwide (NASDAQ:EEFT) last issued its earnings results on Thursday, July 31st. The business services provider reported $2.56 earnings per share for the quarter, missing the consensus estimate of $2.66 by ($0.10). Euronet Worldwide had a net margin of 8.06% and a return on equity of 26.62%. The business had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter last year, the firm posted $2.25 earnings per share. Euronet Worldwide’s revenue was up 8.9% on a year-over-year basis. Euronet Worldwide has set its FY 2025 guidance at 9.640-9.990 EPS. Equities research analysts forecast that Euronet Worldwide, Inc. will post 9.11 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. DA Davidson reiterated a “buy” rating and issued a $130.00 target price on shares of Euronet Worldwide in a report on Friday, September 12th. Keefe, Bruyette & Woods dropped their target price on shares of Euronet Worldwide from $110.00 to $100.00 and set a “market perform” rating on the stock in a report on Wednesday, October 1st. Weiss Ratings restated a “hold (c)” rating on shares of Euronet Worldwide in a research report on Wednesday, October 8th. Oppenheimer decreased their price target on shares of Euronet Worldwide from $134.00 to $133.00 and set an “outperform” rating on the stock in a research report on Friday. Finally, Wall Street Zen lowered shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a research report on Saturday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Euronet Worldwide has an average rating of “Moderate Buy” and an average target price of $122.60.

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.