EEFT stock: buy or sell?
February 25th, 2020
Euronet Worldwide, Inc. provides payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers worldwide.
Should I buy EEFT stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Euronet Worldwide stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Euronet Worldwide stock a buy?
Financial institutions and banks post stock ratings everyday.Unfortunately, we couldn't detect any rating for EEFT stock for the last 30 days.
EEFT stock analysis
Shares of Euronet Worldwide collapsed a chilling -5.89% and closed at $129.87.
Euronet Worldwide shares collapsed -5.89% to $129.87 today. Since Feb/11 when EEFT stock price broke down the SMA200d line, it slid $-28.06 per share (-17.77%).
Shares of Euronet Worldwide ended this week at $129.87 and plummed a hair-raising -7.47%. Counting this, it's been 3 sliding weeks in a row, loosing $-28.69 (-18.20%).
Euronet Worldwide finally fell under the support line and now is sliding further into fresh lows looking for new supports. Since mid February, when EEFT stock price broke down the 40-weeks moving avarage line, it slid $-28.69 per share (-18.09%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high Euronet Worldwide hit early July and since then the price is -24.16% below that top.
EEFT stock price history
EEFT IPO was on March 7th, 1997 at $16.25 per share1. Since then, EEFT stock grew a 699.20%, with an average of 31.80% per year. If you had invested right after EEFT's IPO a $1,000 in EEFT stock in 1997, it would worth $6,992.00 today.
1: Adjusted price after possible price splits or reverse-splits.
EEFT stock historical price chart
EEFT stock reached all-time highs on July with a price of $171.25.
EEFT stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we have not detected any price prediction for Euronet Worldwide stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareEuronet Worldwide reported nice results for 2018-Q4 . Euronet Worldwide appreciated Earnings per Share (EPS) by 8.30%, beating experts of $1.21. Euronet Worldwide posted $1.31.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw an astounding growth of 12.62% to $2,536.63 M USD. In contrary, its income margin (compared to revenues) appreciated to 9.18%, that is $232.85 million.
|2013||$1,410 M||-||$88 M6.2%||-|
|2014||$1,664 M||18.02%||$102 M6.1%||15.52%|
|2015||$1,772 M||6.50%||$99 M5.6%||-2.79%|
|2016||$1,959 M||10.51%||$174 M8.9%||76.52%|
|2017||$2,252 M||15.00%||$157 M7.0%||-10.07%|
|2018||$2,537 M||12.62%||$233 M9.2%||48.46%|
Quarterly financial resultsEuronet Worldwide posted $649.39 M in sales for 2018-Q4, a -9.11% less compared to previous quarter. Reported quarter earnings marked $59.99 million with a profit margin of 9.24%. Profit margin eased a -5.14% compared to previous quarter when profit margin was 14.38%. When comparing revenues to same quarter last year, Euronet Worldwide sales marked a great gain and jumped a 7.40%.
|2017-Q2||$537 M||-||$51 M9.6%||-|
|2017-Q3||$638 M||18.87%||$100 M15.7%||95.23%|
|2017-Q4||$605 M||-5.20%||$-23 M-3.8%||-122.87%|
|2018-Q1||$551 M||-8.95%||$26 M4.8%||-215.17%|
|2018-Q2||$622 M||13.03%||$44 M7.0%||65.54%|
|2018-Q3||$715 M||14.83%||$103 M14.4%||134.94%|
|2018-Q4||$649 M||-9.11%||$60 M9.2%||-41.60%|
|2019-Q1||$578 M||-11.07%||$35 M6.0%||-42.49%|
Euronet Worldwide ownershipWhen you are planning to buy a stock, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Euronet Worldwide, 3.89% of all outstanding shares are owned by its staff.
Bearish positions for EEFT stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Euronet Worldwide:
|Market cap||$7.0 B|
|Total shares||54.0 M|
|Float shares||53.6 M|
|- Institutional holdings (%)||95.4%|
|- Insider holdings (%)||3.9%|
|Shares in short selling||0.0%|
|Tuesday, February 25th, 2020|
|Day range||$129.26 - $138.17|
|Average true range||$4.69|
|50d mov avg||$156.43|
|100d mov avg||$152.91|
|200d mov avg||$154.34|
Euronet Worldwide performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. We selected as the bechmarking frame for Euronet Worldwide stock.