Media stories about Euronet Worldwide (NASDAQ:EEFT) have been trending somewhat negative recently, according to Alpha One Sentiment Analysis. The research group, a division of Accern, rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Euronet Worldwide earned a news sentiment score of -0.06 on Alpha One’s scale. Alpha One also assigned news stories about the business services provider an impact score of 47 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected AlphaOne Sentiment Analysis’s analysis:
A number of equities research analysts recently weighed in on EEFT shares. Zacks Investment Research raised shares of Euronet Worldwide from a “hold” rating to a “buy” rating and set a $96.00 price target for the company in a report on Tuesday, April 11th. Evercore ISI reaffirmed a “buy” rating on shares of Euronet Worldwide in a report on Tuesday, March 14th. Finally, Piper Jaffray Companies set a $97.00 price target on shares of Euronet Worldwide and gave the company a “buy” rating in a report on Thursday, February 9th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $97.00.
Euronet Worldwide (NASDAQ:EEFT) traded up 0.39% during midday trading on Friday, reaching $84.71. 254,260 shares of the company were exchanged. The firm has a market cap of $4.65 billion, a P/E ratio of 26.41 and a beta of 1.34. Euronet Worldwide has a one year low of $65.33 and a one year high of $86.35. The firm’s 50-day moving average is $84.41 and its 200-day moving average is $78.70.
Euronet Worldwide (NASDAQ:EEFT) last announced its earnings results on Tuesday, April 25th. The business services provider reported $0.73 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.73. Euronet Worldwide had a net margin of 8.90% and a return on equity of 23.58%. The business had revenue of $473.40 million for the quarter, compared to analyst estimates of $464.08 million. On average, equities analysts expect that Euronet Worldwide will post $4.54 EPS for the current fiscal year.
About Euronet Worldwide
Euronet Worldwide, Inc is an electronic payments provider. The Company offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers and individual consumers. Its product offerings include automated teller machine (ATM), point-of-sale (POS), card outsourcing, card issuing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products.