Euronet Worldwide (EEFT) Expected to Announce Earnings on Wednesday

Euronet Worldwide (NASDAQ:EEFT) is expected to post its quarterly earnings results before the market opens on Wednesday, February 5th. Analysts expect Euronet Worldwide to post earnings of $2.05 per share and revenue of $1.05 billion for the quarter.

Euronet Worldwide Stock Down 0.6 %

EEFT stock opened at $98.50 on Monday. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.26 and a quick ratio of 1.26. The stock has a market capitalization of $4.33 billion, a P/E ratio of 14.23, a P/E/G ratio of 0.78 and a beta of 1.44. Euronet Worldwide has a fifty-two week low of $91.07 and a fifty-two week high of $117.66. The business has a 50-day moving average of $102.10 and a 200-day moving average of $101.05.

Insider Buying and Selling

In other news, SVP Martin L. Bruckner sold 9,397 shares of the firm’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $107.31, for a total transaction of $1,008,392.07. Following the completion of the sale, the senior vice president now owns 39,983 shares in the company, valued at approximately $4,290,575.73. This trade represents a 19.03 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Nikos Fountas sold 21,479 shares of Euronet Worldwide stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $103.56, for a total transaction of $2,224,365.24. Following the sale, the chief executive officer now directly owns 52,370 shares of the company’s stock, valued at $5,423,437.20. The trade was a 29.09 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 82,910 shares of company stock worth $8,780,102. Company insiders own 10.50% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Citigroup cut shares of Euronet Worldwide from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $118.00 to $110.00 in a research note on Friday, October 18th. Needham & Company LLC reaffirmed a “buy” rating and issued a $120.00 target price on shares of Euronet Worldwide in a research report on Thursday, December 12th. Oppenheimer lowered their price target on shares of Euronet Worldwide from $135.00 to $128.00 and set an “outperform” rating on the stock in a research note on Thursday, December 19th. DA Davidson restated a “buy” rating and set a $136.00 price objective on shares of Euronet Worldwide in a research note on Tuesday, October 8th. Finally, StockNews.com raised Euronet Worldwide from a “hold” rating to a “buy” rating in a research report on Monday, January 20th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $127.14.

Euronet Worldwide Company Profile

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.