Euronet Worldwide (EEFT) Expected to Announce Quarterly Earnings on Thursday

Euronet Worldwide (NASDAQ:EEFT - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $2.02 per share and revenue of $1.05 billion for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Euronet Worldwide Stock Down 0.3 %

Shares of EEFT traded down $0.29 during midday trading on Monday, reaching $96.69. 533,598 shares of the company were exchanged, compared to its average volume of 251,523. Euronet Worldwide has a 1-year low of $91.07 and a 1-year high of $117.66. The stock has a 50-day moving average price of $101.18 and a 200-day moving average price of $100.91. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 0.88. The company has a market cap of $4.25 billion, a price-to-earnings ratio of 13.97, a P/E/G ratio of 0.77 and a beta of 1.43.

Insider Buying and Selling

In other news, CEO Kevin J. Caponecchi sold 52,034 shares of Euronet Worldwide stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $106.61, for a total value of $5,547,344.74. Following the completion of the transaction, the chief executive officer now directly owns 90,288 shares of the company's stock, valued at approximately $9,625,603.68. The trade was a 36.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Martin L. Bruckner sold 9,397 shares of the business's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $107.31, for a total transaction of $1,008,392.07. Following the sale, the senior vice president now directly owns 39,983 shares of the company's stock, valued at approximately $4,290,575.73. This represents a 19.03 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,910 shares of company stock worth $8,780,102 over the last ninety days. 10.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on EEFT. Citigroup cut Euronet Worldwide from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $118.00 to $110.00 in a report on Friday, October 18th. Needham & Company LLC restated a "buy" rating and issued a $120.00 target price on shares of Euronet Worldwide in a research note on Thursday, December 12th. Oppenheimer lowered their price target on shares of Euronet Worldwide from $135.00 to $128.00 and set an "outperform" rating for the company in a report on Thursday, December 19th. StockNews.com upgraded shares of Euronet Worldwide from a "hold" rating to a "buy" rating in a report on Monday, January 20th. Finally, Monness Crespi & Hardt upgraded Euronet Worldwide from a "hold" rating to a "strong-buy" rating in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $127.14.

Euronet Worldwide Company Profile

Euronet Worldwide, Inc provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. It operates through three segments: Electronic Fund Transfer Processing, epay, and Money Transfer. The Electronic Fund Transfer 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 and prepaid card outsourcing, card issuing, and merchant acquiring services.