2 weeks Ago By ABMN Staff
Euronet Worldwide, Inc. ( NASDAQ:EEFT – Get Free Report ) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totalling 927,300 shares, an increase of 8.
5% from the August 31st total of 854,800 shares. Based on an average daily trading volume, of 369,300 shares, the short-interest ratio is currently 2.5 days.
Approximately 2.2% of the company’s shares are short sold. Euronet Worldwide Stock Down 0.
4 % NASDAQ EEFT traded down $0.44 during trading hours on Tuesday, reaching $98.79.
265,676 shares of the company traded hands, compared to its average volume of 306,344. Euronet Worldwide has a 12 month low of $73.84 and a 12 month high of $117.
66. The company has a current ratio of 1.19, a quick ratio of 1.
19 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of $4.
53 billion, a PE ratio of 17.39 and a beta of 1.46.
The company has a 50 day moving average of $100.64 and a two-hundred day moving average of $105.59.
Euronet Worldwide ( NASDAQ:EEFT – Get Free Report ) last posted its quarterly earnings data on Thursday, July 18th. The business services provider reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.
04 by $0.21. Euronet Worldwide had a net margin of 7.
46% and a return on equity of 27.81%. The firm had revenue of $986.
20 million for the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the firm posted $1.
84 EPS. The firm’s revenue was up 5.0% compared to the same quarter last year.
As a group, equities analysts expect that Euronet Worldwide will post 7.86 earnings per share for the current year. Wall Street Analysts Forecast Growth Get Our Latest Analysis on Euronet Worldwide Insider Activity In other news, Director Thomas A.
Mcdonnell acquired 3,206 shares of the business’s stock in a transaction dated Monday, August 5th. The stock was acquired at an average price of $93.86 per share, with a total value of $300,915.
16. Following the completion of the transaction, the director now directly owns 90,000 shares in the company, valued at approximately $8,447,400. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website .
In other news, CEO Juan Bianchi sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $102.58, for a total value of $410,320.
00. Following the completion of the transaction, the chief executive officer now owns 12,440 shares of the company’s stock, valued at $1,276,095.20.
The transaction was disclosed in a document filed with the SEC, which is accessible through this link . Also, Director Thomas A. Mcdonnell acquired 3,206 shares of the business’s stock in a transaction dated Monday, August 5th.
The stock was purchased at an average cost of $93.86 per share, with a total value of $300,915.16.
Following the transaction, the director now owns 90,000 shares of the company’s stock, valued at $8,447,400. The disclosure for this purchase can be found here . Company insiders own 10.
50% of the company’s stock. Institutional Inflows and Outflows Large investors have recently added to or reduced their stakes in the stock. Headlands Technologies LLC bought a new position in shares of Euronet Worldwide in the 1st quarter worth about $50,000.
Summit Securities Group LLC bought a new position in shares of Euronet Worldwide in the 2nd quarter worth about $57,000. Covestor Ltd lifted its position in shares of Euronet Worldwide by 174.9% in the 1st quarter.
Covestor Ltd now owns 547 shares of the business services provider’s stock worth $60,000 after buying an additional 348 shares during the last quarter. GAMMA Investing LLC lifted its position in shares of Euronet Worldwide by 69.5% in the 2nd quarter.
GAMMA Investing LLC now owns 588 shares of the business services provider’s stock worth $61,000 after buying an additional 241 shares during the last quarter. Finally, 1620 Investment Advisors Inc. bought a new position in shares of Euronet Worldwide in the 2nd quarter worth about $80,000.
91.60% of the stock is currently owned by institutional investors. About Euronet Worldwide ( Get Free Report ) 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. Read More Receive News & Ratings for Euronet Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Euronet Worldwide and related companies with MarketBeat.
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