Euronet Worldwide Inc (NASDAQ:EEFT) Sentiment Drops in Q2 2019

Euronet Worldwide, Inc. (NASDAQ:EEFT) Logo

Sentiment for Euronet Worldwide Inc (NASDAQ:EEFT)

Euronet Worldwide Inc (NASDAQ:EEFT) institutional sentiment decreased to 0.95 in Q2 2019. Its down -0.10, from 1.05 in 2019Q1. The ratio has dropped, as 148 hedge funds started new and increased positions, while 156 sold and reduced stock positions in Euronet Worldwide Inc. The hedge funds in our partner’s database now possess: 46.76 million shares, down from 72.42 million shares in 2019Q1. Also, the number of hedge funds holding Euronet Worldwide Inc in their top 10 positions increased from 16 to 18 for an increase of 2. Sold All: 30 Reduced: 126 Increased: 90 New Position: 58.

Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual clients worldwide. The company has market cap of $7.90 billion. The firm operates in three divisions: Electronic Financial Transaction Processing, epay, and Money Transfer. It has a 29.91 P/E ratio. The EFT Processing segment provides electronic payment solutions, including automated teller machine (ATM) cash withdrawal and deposit services, ATM network participation, outsourced ATM and point-of-sale (POS) management solutions, credit and debit card outsourcing, card issuing, and merchant acquiring services.

The stock decreased 0.13% or $0.19 during the last trading session, reaching $145.07. About 541,504 shares traded or 28.94% up from the average. Euronet Worldwide, Inc. (NASDAQ:EEFT) has risen 70.99% since September 12, 2018 and is uptrending. It has outperformed by 70.99% the S&P500.

Analysts await Euronet Worldwide, Inc. (NASDAQ:EEFT) to report earnings on October, 17. They expect $2.74 EPS, up 31.10 % or $0.65 from last year’s $2.09 per share. EEFT’s profit will be $149.29M for 13.24 P/E if the $2.74 EPS becomes a reality. After $1.59 actual EPS reported by Euronet Worldwide, Inc. for the previous quarter, Wall Street now forecasts 72.33 % EPS growth.

Crosslink Capital Inc holds 7.6% of its portfolio in Euronet Worldwide, Inc. for 198,300 shares. Villere St Denis J & Co Llc owns 412,470 shares or 4.26% of their US portfolio. Moreover, Portolan Capital Management Llc has 3.91% invested in the company for 215,793 shares. The Quebec – Canada-based Van Berkom & Associates Inc. has invested 3.7% in the stock. Chase Investment Counsel Corp, a Virginia-based fund reported 38,480 shares.

Euronet Worldwide, Inc. (NASDAQ:EEFT) Ratings Coverage

Ratings analysis reveals 100% of Euronet Worldwide’s analysts are positive. Out of 2 Wall Street analysts rating Euronet Worldwide, 2 give it “Buy”, 0 “Sell” rating, while 0 recommend “Hold”. The lowest target is $18900 while the high is $20000. The stock’s average target of $194.50 is 34.07% above today’s ($145.07) share price. EEFT was included in 3 notes of analysts from June 13, 2019. The firm has “Buy” rating given on Monday, September 9 by Citigroup.

More notable recent Euronet Worldwide, Inc. (NASDAQ:EEFT) news were published by: Finance.Yahoo.com which released: “Here’s Why I Think Euronet Worldwide (NASDAQ:EEFT) Is An Interesting Stock – Yahoo Finance” on September 09, 2019, also Nasdaq.com with their article: “Why Euronet Worldwide Stock Sank Today – Nasdaq” published on July 24, 2019, Nasdaq.com published: “Euronet Worldwide (EEFT) Reports Next Week: Wall Street Expects Earnings Growth – Nasdaq” on July 17, 2019. More interesting news about Euronet Worldwide, Inc. (NASDAQ:EEFT) were released by: Nasdaq.com and their article: “Here is Why Growth Investors Should Buy Euronet Worldwide (EEFT) Now – Nasdaq” published on March 11, 2019 as well as Nasdaq.com‘s news article titled: “Why Is Euronet Worldwide (EEFT) Down 2.2% Since Last Earnings Report? – Nasdaq” with publication date: August 22, 2019.

Euronet Worldwide, Inc. (NASDAQ:EEFT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.