UBS analyst Rayna Kumar maintained a Buy rating on Euronet Worldwide (EEFT – Research Report) today and set a price target of $135.00. The company’s shares opened today at $112.12.
According to TipRanks, Kumar is an analyst with an average return of -1.1% and a 55.36% success rate. Kumar covers the Technology sector, focusing on stocks such as Cognizant, Euronet Worldwide, and Jack Henry & Associates.
In addition to UBS, Euronet Worldwide also received a Buy from Evercore ISI’s David Togut in a report issued today. However, yesterday, Stephens maintained a Hold rating on Euronet Worldwide (NASDAQ: EEFT).
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EEFT market cap is currently $5.44B and has a P/E ratio of 19.48.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EEFT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Euronet Worldwide, Inc. engages in the provision of electronic payment and transaction processing solutions for financial institutions, retailers, service providers and individual consumers. It operates through the following business segments: EFT Processing, Epay and Money Transfer. The EFT Processing sgement focuses in electronic payment solutions consisting of ATM cash withdrawal and deposit services, ATM network participation, outsourced ATM and POS management solutions, credit and debit card outsourcing, and card issuing, and merchant acquiring services. The Epay segment offers prepaid mobile airtime and other electronic content and payment processing services for various prepaid products, cards and services throughout its worldwide distribution network. The Money Transfer segment refers to money transfer services, primarily under the brand names Ria, AFEX Money Express, and IME, and global account-to-account money transfer services under the brand names HiFX and xe. The company was founded by Daniel R. Henry and Michael J. Brown in 1994 and is headquartered in Leawood, KS.
Read More on EEFT:
- Euronet reports Q4 adjusted EPS $1.39, consensus $1.24
- Euronet Reports Fourth Quarter and Full Year Financial Results
- Euronet’s platform to enhance prepaid card issuing services for SOLFIN
- Euronet’s Ren Payments Platform to Enhance Prepaid Card Issuing Services for Digital Wallet Provider SOLFIN as Company Expands Across the LATAM Region
- Euronet Worldwide Announces Fourth Quarter and Full Year 2022 Earnings Release Date and Conference Call Details
