Euronet Worldwide, Inc. (NASDAQ:EEFT) has coverage initiated with a Outperform rating

ME Staff
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Analyst Ratings For Euronet Worldwide, Inc. (NASDAQ:EEFT)

Today, MED initiated coverage on Euronet Worldwide, Inc. (NASDAQ:EEFT) with a Outperform.

There are 7 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Euronet Worldwide, Inc. (NASDAQ:EEFT) is Buy with a consensus target price of $108.5714 per share, a potential 15.01% upside.

Some recent analyst ratings include

  • 7/26/2018-MED initiated coverage with a Outperform rating.
  • 6/11/2018-Goldman Sachs Group was Downgraded by analysts at Goldman Sachs Group from a “Buy ” rating to a ” Neutral” rating. They now have a $94.00 price target on the stock, up previously from $101.00 .
  • 12/18/2017-William Blair was Downgraded by analysts at William Blair from a “Outperform ” rating to a ” Market Perform” rating. They now have a N/A price target on the stock.
  • 10/22/2017-Piper Jaffray Companies Reiterated Rating of Buy.

Recent Insider Trading Activity For Euronet Worldwide, Inc. (NASDAQ:EEFT)
Euronet Worldwide, Inc. (NASDAQ:EEFT) has insider ownership of 7.70% and institutional ownership of 98.76%.

  • On 5/15/2018 Kevin J. Caponecchi, CEO, sold 60,889 with an average share price of $82.00 per share and the total transaction amounting to $4,992,898.00.
  • On 2/26/2018 Michael J Brown, CEO, sold 20,000 with an average share price of $85.40 per share and the total transaction amounting to $1,708,000.00.
  • On 2/20/2018 Michael J Brown, CEO, sold 20,000 with an average share price of $83.99 per share and the total transaction amounting to $1,679,800.00.
  • On 2/12/2018 Michael J Brown, CEO, sold 20,000 with an average share price of $79.63 per share and the total transaction amounting to $1,592,600.00.
  • On 2/1/2018 Michael J Brown, CEO, sold 20,000 with an average share price of $91.22 per share and the total transaction amounting to $1,824,400.00.
  • On 12/15/2017 Rick Weller, CFO, sold 15,601 with an average share price of $92.01 per share and the total transaction amounting to $1,435,448.01.
  • On 12/14/2017 Nikos Fountas, CEO, sold 296 with an average share price of $92.00 per share and the total transaction amounting to $27,232.00.

About Euronet Worldwide, Inc. (NASDAQ:EEFT)
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide. The company operates in three segments: Electronic Financial Transaction (EFT) Processing, epay, and Money Transfer. The EFT 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. This segment also offers ATM and POS dynamic currency conversion, advertising, customer relationship management, mobile top-up, bill payment, fraud management, and foreign remittance payout services; and integrated EFT software solutions for electronic payments and transaction delivery systems. As of December 31, 2017, it operated a network of 37,133 ATMs; and approximately 248,000 EFT POS terminals. The epay segment provides distribution, processing, and collection services for prepaid mobile airtime and other electronic payment products; and vouchers and physical gift fulfillment, and gift card distribution and processing services. This segment operated a network of approximately 707,000 POS terminals. The Money Transfer segment provides consumer-to-consumer money transfer services primarily under the Ria, AFEX Money Express, and IME brands; account-to-account money transfer services under the HiFX and xe brands; customers bill payment services; payment alternatives, such as money orders and prepaid debit cards; check cashing services; foreign currency exchange and mobile top-up services; and cash management and foreign currency risk management services. 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.

Recent Trading Activity for Euronet Worldwide, Inc. (NASDAQ:EEFT)
Shares of Euronet Worldwide, Inc. closed the previous trading session at 94.50 up +0.100 0.11 % with 12902 shares trading hands.