Somewhat Positive News Coverage Somewhat Unlikely to Impact Euronet Worldwide (EEFT) Share Price

News headlines about Euronet Worldwide (NASDAQ:EEFT) have been trending somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Euronet Worldwide earned a daily sentiment score of 0.07 on Accern’s scale. Accern also gave media headlines about the business services provider an impact score of 45.9904803329973 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Euronet Worldwide (NASDAQ EEFT) traded up $0.08 during midday trading on Monday, hitting $88.98. 363,033 shares of the company were exchanged, compared to its average volume of 305,915. Euronet Worldwide has a fifty-two week low of $70.51 and a fifty-two week high of $101.07. The company has a quick ratio of 1.44, a current ratio of 1.48 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $4,690.00, a price-to-earnings ratio of 21.32, a PEG ratio of 1.37 and a beta of 1.39.

Euronet Worldwide (NASDAQ:EEFT) last posted its quarterly earnings data on Thursday, October 19th. The business services provider reported $1.61 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.61. Euronet Worldwide had a net margin of 9.63% and a return on equity of 22.46%. The business had revenue of $637.90 million for the quarter, compared to analyst estimates of $595.09 million. During the same quarter last year, the business earned $1.35 earnings per share. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. analysts forecast that Euronet Worldwide will post 4.33 EPS for the current year.

A number of equities analysts have issued reports on the stock. Zacks Investment Research cut shares of Euronet Worldwide from a “buy” rating to a “hold” rating in a report on Thursday, October 26th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $112.00 price target on shares of Euronet Worldwide in a report on Sunday, October 22nd. Northland Securities reaffirmed a “buy” rating and set a $110.00 price target on shares of Euronet Worldwide in a report on Thursday, October 19th. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $120.00 price target on shares of Euronet Worldwide in a report on Friday, October 6th. Finally, BidaskClub raised Euronet Worldwide from a “buy” rating to a “strong-buy” rating in a report on Monday, August 14th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $108.67.

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In other Euronet Worldwide news, Director Andrej Olechowski sold 10,276 shares of Euronet Worldwide stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $97.30, for a total value of $999,854.80. Following the transaction, the director now owns 14,355 shares in the company, valued at $1,396,741.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Michael J. Brown sold 2,400 shares of Euronet Worldwide stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $100.00, for a total transaction of $240,000.00. Following the completion of the transaction, the chief executive officer now owns 1,603,486 shares in the company, valued at approximately $160,348,600. The disclosure for this sale can be found here. Insiders have sold 263,755 shares of company stock worth $25,892,468 in the last quarter. Company 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.

Insider Buying and Selling by Quarter for Euronet Worldwide (NASDAQ:EEFT)

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