Value Holdings Acquires 98,289 Shares of Euronet Worldwide for $7.66 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Fool
- Share Acquisition: Value Holdings Management increased its stake in Euronet Worldwide by 98,289 shares during Q4, with an estimated transaction value of $7.66 million, indicating confidence in the company's future earnings potential.
- Stake Increase: Following this acquisition, Euronet Worldwide now represents 2.5% of Value Holdings' portfolio, highlighting its significance despite the stock's 24.6% decline over the past year.
- Financial Performance: Euronet's latest quarter showed a 4% year-over-year revenue increase to approximately $1.15 billion, with operating income rising 7%, demonstrating the company's stability in cash flow and profitability.
- Future Outlook: Management anticipates a full-year adjusted EPS growth of 12% to 16%, although fluctuations in foreign exchange and interest rates could impact this outlook, reflecting the company's resilience in an uncertain environment.
Analyst Views on EEFT
Wall Street analysts forecast EEFT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EEFT is 117.60 USD with a low forecast of 95.00 USD and a high forecast of 145.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
1 Hold
0 Sell
Strong Buy
Current: 74.770
Low
95.00
Averages
117.60
High
145.00
Current: 74.770
Low
95.00
Averages
117.60
High
145.00
About EEFT
Euronet Worldwide, Inc. is a global financial technology solutions and payments provider. The Company operates through three segments. Its Electronic Funds Transfer (EFT) segment meets the needs of financial institutions and consumers through Euronet-owned and outsourced ATMs and POS terminals combined with value-added and transaction processing services. EFT offers a suite of integrated electronic financial transaction software solutions for electronic payment and transaction delivery systems. Its epay segment provides retail payment solutions and delivers connections between the digital content of the brands and consumers. Its Money Transfer segment provides global money transfers and currency exchange information in retail stores, apps, and websites through Ria Money Transfer, Xe and the Dandelion cross-border real-time payments network. Its Money Transfer segment offers real-time, cross-border payments to consumers and businesses across over 198 countries and territories.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
