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Check out this: Euronet Worldwide Inc. (EEFT) could be on the verge of a big rally

Euronet Worldwide Inc. (NASDAQ: EEFT) is -20.89% lower on its value in year-to-date trading and has touched a low of $93.14 and a high of $149.92 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EEFT stock was last observed hovering at around $96.59 in the last trading session, with the day’s loss setting it -2.31% off its average median price target of $170.00 for the next 12 months. It is also 50.38% off the consensus price target high of $190.00 offered by 10 analysts, but current levels are 32.66% higher than the price target low of $140.00 for the same period.

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Currently trading at $94.28, the stock is -7.45% and -14.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.33 million and changing -2.39% at the moment leaves the stock -21.84% off its SMA200. EEFT registered -30.45% loss for a year compared to 6-month loss of -24.71%.

The stock witnessed a -9.17% gain in the last 1 month and extending the period to 3 months gives it a -25.96%, and is -6.45% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.97% over the week and 3.93% over the month.

Euronet Worldwide Inc. (EEFT) has around 8800 employees, a market worth around $4.76B and $3.06B in sales. Current P/E ratio is 57.77 and Fwd P/E is 10.08. Profit margin for the company is 2.90%. Distance from 52-week low is 1.22% and -37.11% from its 52-week high. The company has generated returns on investments over the last 12 months (4.40%).

Euronet Worldwide Inc. (EEFT) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Euronet Worldwide Inc. (EEFT) is a “Buy”. 10 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Euronet Worldwide Inc. is expected to release its quarterly report on 10/20/2022.The EPS is expected to grow by 90.50% this year.

Euronet Worldwide Inc. (EEFT) Top Institutional Holders

The shares outstanding are 51.06M, and float is at 48.00M with Short Float at 2.38%.

Euronet Worldwide Inc. (EEFT) Insider Activity

A total of 18 insider transactions have happened at Euronet Worldwide Inc. (EEFT) in the last six months, with sales accounting for 5 and purchases happening 13 times. The most recent transaction is an insider purchase by STRANDJORD M JEANNINE ,the company’sDirector. SEC filings show that STRANDJORD M JEANNINE bought 1,000 shares of the company’s common stock on Nov 26 at a price of $107.95 per share for a total of $0.11 million. Following the purchase, the insider now owns 49000.0 shares.

Euronet Worldwide Inc. (EEFT): Who are the competitors?

The company’s main competitors (and peers) include JPMorgan Chase & Co. (JPM) that is trading -30.38% down over the past 12 months and PayPal Holdings Inc. (PYPL) that is -76.87% lower over the same period. Citigroup Inc. (C) is -35.25% down on the 1-year trading charts.

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