Media headlines about Euronet Worldwide (NASDAQ:EEFT) have been trending positive this week, according to Accern. Accern rates the sentiment of media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Euronet Worldwide earned a news impact score of 0.26 on Accern’s scale. Accern also gave media coverage about the business services provider an impact score of 67 out of 100, meaning that recent media coverage is likely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
- FY2017 EPS Estimates for Euronet Worldwide, Inc. (NASDAQ:EEFT) Lowered by Analyst (americanbankingnews.com)
- DA Davidson Equities Analysts Boost Earnings Estimates for Euronet Worldwide, Inc. (NASDAQ:EEFT) (americanbankingnews.com)
- Euronet Worldwide, Inc. (EEFT) Forecasted to Post Q3 2017 Earnings of $1.56 Per Share (americanbankingnews.com)
- ATMs Dispense Cash for Euronet Worldwide In the Second Quarter (finance.yahoo.com)
- Edited Transcript of EEFT earnings conference call or presentation 26-Jul-17 1:00pm GMT (finance.yahoo.com)
Shares of Euronet Worldwide (EEFT) opened at 95.59 on Friday. The stock’s 50 day moving average is $89.08 and its 200-day moving average is $83.60. Euronet Worldwide has a 12-month low of $70.51 and a 12-month high of $96.02. The stock has a market cap of $5.28 billion, a price-to-earnings ratio of 30.85 and a beta of 1.33.
Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings results on Wednesday, July 26th. The business services provider reported $1.09 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.01. Euronet Worldwide had a return on equity of 23.14% and a net margin of 8.23%. The firm had revenue of $536.60 million for the quarter, compared to analyst estimates of $513.10 million. During the same period in the previous year, the firm earned $0.97 earnings per share. Euronet Worldwide’s quarterly revenue was up 12.5% on a year-over-year basis. Equities analysts anticipate that Euronet Worldwide will post $4.55 EPS for the current fiscal year.
Several equities analysts have recently weighed in on the stock. Lake Street Capital reaffirmed a “buy” rating and set a $99.00 target price (up from $96.00) on shares of Euronet Worldwide in a report on Thursday. Zacks Investment Research raised shares of Euronet Worldwide from a “hold” rating to a “buy” rating and set a $96.00 target price for the company in a report on Tuesday, April 11th. Finally, DA Davidson assumed coverage on shares of Euronet Worldwide in a report on Wednesday, July 19th. They issued a “buy” rating and a $105.00 price target for the company. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $100.20.
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In other Euronet Worldwide news, CEO Juan Bianchi sold 18,126 shares of the company’s stock in a transaction dated Wednesday, June 14th. The stock was sold at an average price of $88.01, for a total value of $1,595,269.26. Following the transaction, the chief executive officer now directly owns 9,534 shares of the company’s stock, valued at approximately $839,087.34. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Jeffrey B. Newman sold 24,535 shares of the company’s stock in a transaction dated Monday, July 24th. The stock was sold at an average price of $92.01, for a total value of $2,257,465.35. Following the completion of the transaction, the vice president now directly owns 16,918 shares in the company, valued at $1,556,625.18. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 46,094 shares of company stock worth $4,168,571. Insiders own 7.70% of the company’s stock.
About Euronet Worldwide
Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.
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