It is Poised to be a Bull Market for Euronet Worldwide Inc (EEFT)

With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.3 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $104.9382 whereas the lowest price it dropped to was $96.21. The 52-week range on EEFT shows that it touched its highest point at $117.66 and its lowest point at $79.50 during that stretch. It currently has a 1-year price target of $123.11. Beta for the stock currently stands at 1.44.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of EEFT was up-trending over the past week, with a rise of 4.32%, but this was up by 6.70% over a month. Three-month performance surged to 4.84% while six-month performance fell -9.00%. The stock gained 27.11% in the past year, while it has gained 0.96% so far this year. A look at the trailing 12-month EPS for EEFT yields 6.92 with Next year EPS estimates of 9.74. For the next quarter, that number is 2.06. This implies an EPS growth rate of 15.52% for this year and 13.08% for next year. EPS is expected to grow by 14.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.24%.

Float and Shares Shorts:

At present, 45.78 million EEFT shares are outstanding with a float of 41.54 million shares on hand for trading. On 2024-10-15, short shares totaled 0.89 million, which was 202.0 higher than short shares on 1726185600. In addition to Mr. Michael J. Brown M.Sc. as the firm’s Chairman, CEO & President, Mr. Rick L. Weller serves as its Executive VP, Chief Accounting Officer & CFO.

Institutional Ownership:

Through their ownership of 0.93751 of EEFT’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, EEFT reported revenue of $1099300000.0 and operating income of $182200000.0. The EBITDA in the recently reported quarter was $238100000.0 and diluted EPS was $3.21.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for EEFT since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With EEFT analysts setting a high price target of 150.0 and a low target of 108.0, the average target price over the next 12 months is 126.11. Based on these targets, EEFT could surge 46.4% to reach the target high and rise by 5.41% to reach the target low. Reaching the average price target will result in a growth of 23.08% from current levels.

Analysts have provided yearly estimates in a range of $8.66759 being high and $8.5575 being low. For EEFT, this leads to a yearly average estimate of $8.61755. The surprise factor in the prior quarter was $2.26. Based on analyst estimates, the high estimate for the next quarter is $1.54 and the low estimate is $1.21. The average estimate for the next quarter is thus $1.34.