Euronet Worldwide Inc (NASDAQ: EEFT) is 4.19% higher on its value in year-to-date trading and has touched a low of $91.07 and a high of $117.66 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EEFT stock was last observed hovering at around $103.75 in the last trading session, with the day’s gains setting it 1.99%.
Currently trading at $105.74, the stock is 1.25% and 3.15% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.92% at the moment leaves the stock 1.31% off its SMA200. EEFT registered 3.70% gain for a year compared to 6-month loss of -0.65%. The firm has a 50-day simple moving average (SMA 50) of $102.3744 and a 200-day simple moving average (SMA200) of $104.4013.
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The stock witnessed a 0.22% gain in the last 1 month and extending the period to 3 months gives it a 9.33%, and is -0.57% 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 3.06% over the week and 2.53% over the month.
Euronet Worldwide Inc (EEFT) has around 10000 employees, a market worth around $4.73B and $3.90B in sales. Current P/E ratio is 15.28 and Fwd P/E is 10.89. Profit margin for the company is 8.46%. Distance from 52-week low is 16.11% and -10.13% from its 52-week high. The company has generated returns on investments over the last 12 months (12.44%).
with sales reaching $1.05B over the same period.The EPS is expected to grow by 15.32% this year, but quarterly earnings will post 8.23% year-over-year. Quarterly sales are estimated to grow 9.48% in year-over-year returns.
Euronet Worldwide Inc (EEFT) Top Institutional Holders
526.0 institutions hold shares in Euronet Worldwide Inc (EEFT), with institutional investors hold 101.70% of the company’s shares. The shares outstanding are 43.93M, and float is at 41.06M with Short Float at 3.05%. Institutions hold 95.14% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.6 million shares valued at $476.6 million. The investor’s holdings represent 10.0505% of the EEFT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.21 million shares valued at $436.17 million to account for 9.1978 of the shares outstanding. The other top investors are ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC which holds 3.33 million shares representing 7.2658% and valued at over $344.55 million, while ARROWMARK COLORADO HOLDINGS LLC holds 3.8734 of the shares totaling 1.77 million with a market value of $183.68 million.
Euronet Worldwide Inc (EEFT) Insider Activity
The most recent transaction is an insider sale by Fountas Nikos, the company’s CEO, EFT EMEA Division. SEC filings show that Fountas Nikos sold 21,479 shares of the company’s common stock on Dec 09 ’24 at a price of $103.56 per share for a total of $2.22 million. Following the sale, the insider now owns 52370.0 shares.
Still, SEC filings show that on Nov 25 ’24, Bruckner Martin L. (SVP – Chief Technology Officer) disposed off 9,397 shares at an average price of $107.31 for $1.01 million. The insider now directly holds 39,983 shares of Euronet Worldwide Inc (EEFT).
