Analysts are on the Bearish side about Euronet Worldwide, Inc. (NASDAQ:EEFT) this week.

December 7, 2017 - By Ellis Scott

 Analysts are on the Bearish side about Euronet Worldwide, Inc. (NASDAQ:EEFT) this week.
Investors sentiment decreased to 1 in Q2 2017. Its down 0.06, from 1.06 in 2017Q1. It turned negative, as 30 investors sold Euronet Worldwide, Inc. shares while 89 reduced holdings. 30 funds opened positions while 89 raised stakes. 47.57 million shares or 0.99% more from 47.10 million shares in 2017Q1 were reported.
300 were accumulated by Atwood Palmer. Rhumbline Advisers has invested 0.01% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Price T Rowe Assoc Md holds 0.01% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT) for 440,935 shares. First Advisors L P has invested 0.02% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Cornerstone Capital Management Limited Liability reported 0.05% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT). Guggenheim Capital Ltd holds 0% or 8,151 shares. Victory Management invested in 0.55% or 2.68 million shares. Fdx Advsr stated it has 0.03% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Pictet And Cie (Europe) Sa holds 0.03% of its portfolio in Euronet Worldwide, Inc. (NASDAQ:EEFT) for 2,730 shares. Credit Suisse Ag has invested 0.01% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Deutsche Bancshares Ag accumulated 220,091 shares. Glob X Mngmt Com Ltd Limited Liability Company holds 0% in Euronet Worldwide, Inc. (NASDAQ:EEFT) or 282 shares. Villere St Denis J Co Ltd Liability Co, a Louisiana-based fund reported 906,533 shares. Citigroup Inc stated it has 0% in Euronet Worldwide, Inc. (NASDAQ:EEFT). Stephens Ar reported 5,749 shares.

Since June 8, 2017, it had 0 insider purchases, and 1 insider sale for $1.60 million activity.

Euronet Worldwide, Inc. (NASDAQ:EEFT) Ratings Coverage

Among 8 analysts covering Euronet Worldwide (NASDAQ:EEFT), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Euronet Worldwide had 17 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, December 23, the company rating was upgraded by Monness Crespi & Hardt. The company was maintained on Friday, October 20 by Piper Jaffray. The firm earned “Neutral” rating on Friday, July 31 by Monness Crespi & Hardt. As per Friday, June 10, the company rating was downgraded by Monness Crespi. The rating was initiated by Northland Capital with “Outperform” on Wednesday, January 20. As per Wednesday, October 12, the company rating was initiated by SunTrust. The firm earned “Buy” rating on Thursday, October 19 by Northland Capital. The rating was maintained by Piper Jaffray with “Buy” on Wednesday, September 2. Piper Jaffray reinitiated the shares of EEFT in report on Wednesday, November 25 with “Overweight” rating. The company was maintained on Wednesday, September 13 by Northland Capital. Below is a list of Euronet Worldwide, Inc. (NASDAQ:EEFT) latest ratings and price target changes.

20/10/2017 Broker: Piper Jaffray Rating: Buy New Target: $112.0 Maintain
19/10/2017 Broker: Northland Capital Rating: Buy New Target: $110.0 Maintain
06/10/2017 Broker: SunTrust Rating: Buy New Target: $120.0 Maintain
13/09/2017 Broker: Northland Capital Rating: Buy New Target: $110.0 Maintain
08/09/2017 Broker: Piper Jaffray Rating: Buy New Target: $106.0 Maintain
19/07/2017 Broker: DA Davidson Rating: Buy New Target: $105.0000 Initiate

The stock increased 0.40% or $0.37 during the last trading session, reaching $93.08. About 261,275 shares traded. Euronet Worldwide, Inc. (NASDAQ:EEFT) has risen 8.96% since December 7, 2016 and is uptrending. It has underperformed by 7.74% the S&P500.

Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual clients worldwide. The company has market cap of $4.90 billion. The firm operates in three divisions: Electronic Financial Transaction Processing, epay, and Money Transfer. It has a 30.05 P/E ratio. 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.

Another recent and important Euronet Worldwide, Inc. (NASDAQ:EEFT) news was published by Bizjournals.com which published an article titled: “Blocked deal signals potential opening for Euronet” on September 14, 2017.

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