Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, agents, retailers, merchants, content providers, and individual consumers worldwide. The company's 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 card outsourcing, card issuing, and merchant acquiring services. It also offers ATM and POS currency conversion, ATM surcharge, advertising, customer relationship management, mobile top-up, bill payment, fraud management, foreign remittance and cardless payout, banknote recycling, and tax-refund services; and integrated electronic financial transaction software solutions. This segment operates a network of 37,729 ATMs and approximately 340,000 POS terminals. Its epay segment engages in the distribution and processing of prepaid mobile airtime and other electronic content; and provides payment processing services for various prepaid products, cards, and services, as well as vouchers and physical gift fulfillment, and gift card distribution and processing services. This segment operates a network of approximately 748,000 POS terminals. The company's Money Transfer segment offers consumer-to-consumer and account-to-account money transfer, customers bill payment, check cashing, foreign currency exchange, mobile top-up, and cash management and foreign currency risk management services, as well as payment alternatives, such as money orders. This segment operates a network of approximately 464,000 money transfer locations. The company was formerly known as Euronet Services, Inc. and changed its name to Euronet Worldwide, Inc. in August 2001. Euronet Worldwide, Inc. was founded in 1994 and is headquartered in Leawood, Kansas.
IPO Year: 1997
Exchange: NASDAQ
Website: euronetworldwide.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | $118.00 → $110.00 | Buy → Neutral | Citigroup |
| 10/1/2024 | $121.00 | Outperform | Oppenheimer |
| 7/22/2024 | $140.00 → $145.00 | Neutral | Monness Crespi & Hardt |
| 5/17/2024 | Underperform → Peer Perform | Wolfe Research | |
| 4/22/2024 | $116.00 → $120.00 | Neutral → Buy | Citigroup |
| 2/1/2024 | $120.00 | Equal-Weight → Overweight | Stephens |
| 8/23/2023 | $125.00 → $115.00 | Buy | Needham |
| 1/23/2023 | $117.00 | Buy → Neutral | Citigroup |
| 1/5/2023 | $98.00 | Peer Perform → Underperform | Wolfe Research |
| 10/10/2022 | $124.00 → $90.00 | Outperform → Mkt Perform | Keefe Bruyette |
Monness, Crespi, Hardt analyst Gus Gala maintains Euronet Worldwide (NASDAQ:EEFT) with a Buy and raises the price target from $140 to $145.
During the last three months, 5 analysts shared their evaluations of Euronet Worldwide (NASDAQ:EEFT), revealing diverse outlooks from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 1 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 2 0 1 0 0 Analysts have set 12-month price targets for Euronet Worldwide, revealing an average target of $127.4, a high estimate of $136.00, and a low estimate of $116.00. Marking an increase of 5.12%, the
Needham analyst Mayank Tandon reiterates Euronet Worldwide (NASDAQ:EEFT) with a Buy and maintains $125 price target.
Taking into consideration recent trends in the business and the global economy, continued double digit quarterly earnings growth, and historical seasonal patterns, the Company remains confident in its previously announced expectations that its 2024 adjusted EPS will grow 10-15% year-over-year, consistent with its 10 and 20 year compounded annualized growth rates. This outlook does not include any changes that may develop in foreign exchange rates, interest rates or other unforeseen factors.
Euronet Worldwide (NASDAQ:EEFT) reported quarterly earnings of $2.25 per share which missed the analyst consensus estimate of $2.26 by 0.44 percent. This is a 10.84 percent increase over earnings of $2.03 per share from the same period last year. The company reported quarterly sales of $986.200 million which missed the analyst consensus estimate of $1.007 billion by 2.08 percent. This is a 5.02 percent increase over sales of $939.100 million the same period last year.
In the last three months, 8 analysts have published ratings on Euronet Worldwide (NASDAQ:EEFT), offering a diverse range of perspectives from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 6 1 1 0 0 Last 30D 1 0 0 0 0 1M Ago 2 0 1 0 0 2M Ago 2 0 0 0 0 3M Ago 1 1 0 0 0 Analysts have recently evaluated Euronet Worldwide and provided 12-month price targets. The average target is $129.12, accompanied by a high estimate of $140.00 and a low estimate of $116.
Citigroup analyst Andrew Schmidt maintains Euronet Worldwide (NASDAQ:EEFT) with a Buy and raises the price target from $120 to $135.
DA Davidson analyst Peter Heckmann maintains Euronet Worldwide (NASDAQ:EEFT) with a Buy and raises the price target from $126 to $136.
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
LEAWOOD, Kan., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports third quarter 2024 financial results. Euronet reports the following consolidated results for the third quarter 2024 compared with the same period of 2023: Revenues of $1,099.3 million, a 9% increase from $1,004.0 million (9% increase on a constant currency1 basis).Operating income of $182.2 million, a 9% increase from $167.0 million (9% increase on a constant currency basis).Adjusted EBITDA2 of $225.7 million, a 6% increase from $212.5 million (6% increase on a constant currency basis).Net incom
LEAWOOD, Kan., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Euronet (or the "Company") (NASDAQ:EEFT) announced today it will release third quarter 2024 earnings results prior to the market opening on Thursday, October 24, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results. The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at Euronet Worldwide Third Quarter 2024 Earnings Call to receive dial-in information. While not required, it is recommended participants join the c
BUENA PARK, Calif., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Ria Money Transfer (Ria), a global leader in the money transfer industry and business segment of Euronet (NASDAQ:EEFT), today announced its new collaboration with PLS Financial Services Inc. (PLS) to become the exclusive provider of money transfer services at over 200 PLS Check Cashers locations throughout the United States. PLS is a leading community financial services retailer in the U.S., serving over three million customers monthly searching for a better option than traditional banking. Many PLS customers are immigrants who have family overseas. Ria's partnership with PLS provides its millions of customers with access to Ria's in
LEAWOOD, Kan., July 18, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports second quarter 2024 financial results. Euronet reports the following consolidated results for the second quarter 2024 compared with the same period of 2023: Revenues of $986.2 million, a 5% increase from $939.1 million (6% increase on a constant currency1 basis).Operating income of $134.3 million, a 10% increase from $122.6 million (12% increase on a constant currency basis).Adjusted operating income2 of $134.3 million, a 12% increase from $119.6 million (15% increase on a constant currency basi
LEAWOOD, Kan., July 09, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EEFT) announced today it will release second quarter 2024 earnings results prior to the market opening on Friday, July 19, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results. The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at Euronet Worldwide Second Quarter 2024 Earnings Call to receive dial-in information. While not required, it is recommended participants join the call five minutes p
LEAWOOD, Kan., June 19, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, today announced the signing of an agreement with Onnipro, a subsidiary of the Onnitech Group, with headquarters in Sao Paulo, Brazil. Onnipro will leverage Euronet's Ren payments platform (Ren) to expand its card issuing capabilities to support open-loop card programs and processing through the Visa and Mastercard networks as part of this multi-year agreement. Onnipro, the card processor for Brazil's largest employee benefits company with more than 12 million customers, is set to revolutionize its operations with Ren. By meeting the regulatory and
LEAWOOD, Kan., June 11, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, today announced the appointment of Sergi Herrero to the Euronet Board of Directors effective June 4, 2024. His appointment increases the size of the board from nine to ten members. "We are extremely pleased to welcome Sergi to our board," said Michael J. Brown, Euronet's Chairman and Chief Executive Officer. "He has extensive C-level experience as an executive officer in the payment and technology industries, which, along with his experience serving the boards of fintech companies in Europe, will support Euronet as we continue to expand our busin
LEAWOOD, Kan., May 30, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EFFT), a leading global financial technology solutions and payments provider, announced today the completion of the acquisition of the Malaysian Electronic Payment System (MEPS) ATM terminals of Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and central financial infrastructure for Malaysia. This acquisition enhances Euronet's role as the largest non-bank operator of ATM terminals in Malaysia. The integration of this nationwide network of about 800 ATM terminals into Euronet's existing independent ATM deployer (IAD) network will benefit from Euronet's industry-leading Ren payments platform. This e
LEAWOOD, Kan., April 30, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports first quarter 2024 financial results. Euronet reports the following consolidated results for the first quarter 2024 compared with the same period of 2023: Revenues of $857.0 million, a 9% increase from $787.2 million (9% increase on a constant currency1 basis).Operating income of $64.0 million, a 40% increase from $45.6 million (45% increase on a constant currency basis).Adjusted Operating income2 of $63.6 million, a 39% increase from $45.6 million (44% increase on a constant currency basis).Ad
LEAWOOD, Kan., April 22, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, and SOFTONE Group, one of the largest cloud-based business software providers in Greece and Southeast Europe, announced today that they are partnering to deliver integrated merchant acquiring solutions in Greece. The partnership involves SOFTONE integrating its leading brands and products (ERP solutions, enterprise mobility applications and retail and restaurant management solutions) with Euronet's merchant acquiring platform. This integration will offer a wide range of cost-effective solutions for online and brick-and-mortar merchants, covering E
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
3 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
3 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
4 - EURONET WORLDWIDE, INC. (0001029199) (Issuer)
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Citigroup downgraded Euronet from Buy to Neutral and set a new price target of $110.00 from $118.00 previously
Oppenheimer initiated coverage of Euronet with a rating of Outperform and set a new price target of $121.00
Monness Crespi & Hardt reiterated coverage of Euronet with a rating of Neutral and set a new price target of $145.00 from $140.00 previously
Wolfe Research upgraded Euronet from Underperform to Peer Perform
Citigroup upgraded Euronet from Neutral to Buy and set a new price target of $120.00 from $116.00 previously
Stephens upgraded Euronet from Equal-Weight to Overweight and set a new price target of $120.00
Needham reiterated coverage of Euronet with a rating of Buy and set a new price target of $115.00 from $125.00 previously
Citigroup downgraded Euronet from Buy to Neutral and set a new price target of $117.00
Wolfe Research downgraded Euronet from Peer Perform to Underperform and set a new price target of $98.00
Keefe Bruyette downgraded Euronet from Outperform to Mkt Perform and set a new price target of $90.00 from $124.00 previously
10-Q - EURONET WORLDWIDE, INC. (0001029199) (Filer)
8-K - EURONET WORLDWIDE, INC. (0001029199) (Filer)
10-Q - EURONET WORLDWIDE, INC. (0001029199) (Filer)
8-K - EURONET WORLDWIDE, INC. (0001029199) (Filer)
8-K - EURONET WORLDWIDE, INC. (0001029199) (Filer)
8-K - EURONET WORLDWIDE, INC. (0001029199) (Filer)
DEF 14A - EURONET WORLDWIDE, INC. (0001029199) (Filer)
10-K - EURONET WORLDWIDE, INC. (0001029199) (Filer)
8-K - EURONET WORLDWIDE, INC. (0001029199) (Filer)
10-Q - EURONET WORLDWIDE, INC. (0001029199) (Filer)
LEAWOOD, Kan., June 11, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, today announced the appointment of Sergi Herrero to the Euronet Board of Directors effective June 4, 2024. His appointment increases the size of the board from nine to ten members. "We are extremely pleased to welcome Sergi to our board," said Michael J. Brown, Euronet's Chairman and Chief Executive Officer. "He has extensive C-level experience as an executive officer in the payment and technology industries, which, along with his experience serving the boards of fintech companies in Europe, will support Euronet as we continue to expand our busin
LEAWOOD, Kan., Feb. 23, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, today announced the appointment of Sara Baack to the Euronet Board of Directors effective February 20, 2024. Her appointment increases the size of the board from eight to nine members. "We are extremely pleased to welcome Sara to our board," said Michael J. Brown, Euronet's Chairman and Chief Executive Officer. "She has extensive experience in product development and marketing across a range of industries, which, along with her C-level executive experience, will support Euronet as we continue to expand our business across new categories and more ma
LEAWOOD, Kan., Dec. 08, 2022 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, today announced the appointment of Ligia Torres to the Euronet Board of Directors effective December 6, 2022. Her appointment increases the size of the board from eight to nine members. "We are extremely pleased to welcome Ms. Torres to our board," said Michael J. Brown, Euronet's Chairman and Chief Executive Officer. "She has extensive experience operating and managing businesses across a wide range of geographies, which combined with her financial sector expertise will support Euronet as we continue to expand our business across n
NOIDA, India, July 21, 2022 (GLOBE NEWSWIRE) -- EbixCash Limited, a technology enabled provider of digital products and services in the B2C, B2B and financial technology arena, today announced the appointment of Jammu & Kashmir Bank's entire network spanning 1,000 branches as a sub-agent, to facilitate international remittance services for its Ria Money transfer business. The Money Transfer functionality will be going live on 15th of August, 2022 coinciding with India's 75th Independence Day celebrations on that day Euronet Worldwide, Inc.'s Ria Money Transfer is the second largest consumer remittance company in the world today. EbixCash - a subsidiary of Ebix, Inc. (NASDAQ:EBIX) is a l
LEAWOOD, Kan., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports third quarter 2024 financial results. Euronet reports the following consolidated results for the third quarter 2024 compared with the same period of 2023: Revenues of $1,099.3 million, a 9% increase from $1,004.0 million (9% increase on a constant currency1 basis).Operating income of $182.2 million, a 9% increase from $167.0 million (9% increase on a constant currency basis).Adjusted EBITDA2 of $225.7 million, a 6% increase from $212.5 million (6% increase on a constant currency basis).Net incom
LEAWOOD, Kan., Oct. 11, 2024 (GLOBE NEWSWIRE) -- Euronet (or the "Company") (NASDAQ:EEFT) announced today it will release third quarter 2024 earnings results prior to the market opening on Thursday, October 24, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results. The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at Euronet Worldwide Third Quarter 2024 Earnings Call to receive dial-in information. While not required, it is recommended participants join the c
LEAWOOD, Kan., July 18, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports second quarter 2024 financial results. Euronet reports the following consolidated results for the second quarter 2024 compared with the same period of 2023: Revenues of $986.2 million, a 5% increase from $939.1 million (6% increase on a constant currency1 basis).Operating income of $134.3 million, a 10% increase from $122.6 million (12% increase on a constant currency basis).Adjusted operating income2 of $134.3 million, a 12% increase from $119.6 million (15% increase on a constant currency basi
LEAWOOD, Kan., July 09, 2024 (GLOBE NEWSWIRE) -- Euronet (NASDAQ:EEFT) announced today it will release second quarter 2024 earnings results prior to the market opening on Friday, July 19, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results. The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at Euronet Worldwide Second Quarter 2024 Earnings Call to receive dial-in information. While not required, it is recommended participants join the call five minutes p
LEAWOOD, Kan., April 30, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports first quarter 2024 financial results. Euronet reports the following consolidated results for the first quarter 2024 compared with the same period of 2023: Revenues of $857.0 million, a 9% increase from $787.2 million (9% increase on a constant currency1 basis).Operating income of $64.0 million, a 40% increase from $45.6 million (45% increase on a constant currency basis).Adjusted Operating income2 of $63.6 million, a 39% increase from $45.6 million (44% increase on a constant currency basis).Ad
LEAWOOD, Kan., April 17, 2024 (GLOBE NEWSWIRE) -- Euronet (or the "Company") (NASDAQ:EEFT) announced today it will release first quarter 2024 earnings results prior to the market opening on Wednesday, May 1, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results. The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at Euronet Worldwide First Quarter 2024 Earnings Call to receive dial-in information. While not required, it is recommended participants join the ca
LEAWOOD, Kan., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports fourth quarter and full year 2023 financial results. Euronet reports the following consolidated results for the fourth quarter 2023 compared with the same period of 2022: Revenues of $957.7 million, an 11% increase from $865.7 million (7% increase on a constant currency1 basis).Operating income of $97.4 million, a 23% increase from $79.1 million (22% increase on a constant currency basis).Adjusted operating income2 of $99.9 million, a 26% increase from $79.1 million (25% increase on a constant
LEAWOOD, Kan., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Euronet (or the "Company") (NASDAQ:EEFT) announced today it will release fourth quarter and full year 2023 earnings results prior to the market opening on Wednesday, February 7, 2024. Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results. The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at Euronet Worldwide Fourth Quarter 2023 Earnings Call to receive dial-in information. While not required, it is recommended partic
NEW YORK, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2023. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Global Bank Index (Index Ticker: GBKX), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). There are a num
LEAWOOD, Kan., Oct. 20, 2023 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. ("Euronet" or the "Company") (NASDAQ:EEFT), a leading global financial technology solutions and payments provider, reports third quarter 2023 financial results. Euronet reports the following consolidated results for the third quarter 2023 compared with the same period of 2022: Revenues of $1,004.0 million, an 8% increase from $931.3 million (3% increase on a constant currency1 basis).Operating income of $167.0 million, a 1% decrease from $168.5 million (6% decrease on a constant currency basis).Adjusted EBITDA2 of $212.5 million, consistent with $211.6 million (4% decrease on a constant currency basis).Net income at