At the time of writing, Euronet Worldwide Inc [EEFT] stock is trading at $103.91, up 10.05%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EEFT shares have gain 6.87% over the last week, with a monthly amount glided 6.08%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Euronet Worldwide Inc [NASDAQ: EEFT] stock has seen the most recent analyst activity on October 18, 2024, when Citigroup downgraded its rating to a Neutral and also revised its price target to $110 from $118. Previously, Oppenheimer started tracking the stock with Outperform rating on October 01, 2024, and set its price target to $121. On July 22, 2024, Monness Crespi & Hardt reiterated its Neutral rating and revised its price target to $145 on the stock. Wolfe Research upgraded its rating to a Peer Perform. Citigroup upgraded its rating to a Buy and raised its price target to $120 on April 22, 2024. Stephens upgraded its rating to Overweight for this stock on February 01, 2024, but kept the price target unchanged to $120. In a note dated August 23, 2023, Needham reiterated an Buy rating on this stock and revised its target price from $125 to $115.
For the past year, the stock price of Euronet Worldwide Inc fluctuated between $91.07 and $117.66. Currently, Wall Street analysts expect the stock to reach $128.67 within the next 12 months. Euronet Worldwide Inc [NASDAQ: EEFT] shares were valued at $103.91 at the most recent close of the market. An investor can expect a potential return of 23.83% based on the average EEFT price forecast.
Analyzing the EEFT fundamentals
According to Euronet Worldwide Inc [NASDAQ:EEFT], the company’s sales were 3.99B for trailing twelve months, which represents an 9.36% jump. Gross Profit Margin for this corporation currently stands at 0.21% with Operating Profit Margin at 0.12%, Pretax Profit Margin comes in at 0.12%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.26 and Total Capital is 0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.78.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 100.98 points at the first support level, and at 98.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.88, and for the 2nd resistance point, it is at 111.86.
Ratios To Look Out For
It is important to note that Euronet Worldwide Inc [NASDAQ:EEFT] has a current ratio of 1.25. Further, the Quick Ratio stands at 1.26, while the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 1.14, the price to book ratio is 3.35 and price to earnings (TTM) ratio is 16.06.
Transactions by insiders
Recent insider trading involved Fountas Nikos, CEO, EFT EMEA Division, that happened on Dec 09 ’24 when 21479.0 shares were sold. Officer, NIKOS FOUNTAS completed a deal on Dec 09 ’24 to buy 21479.0 shares. Meanwhile, SVP – Chief Technology Officer Bruckner Martin L. sold 9397.0 shares on Nov 25 ’24.
