EEFT stock: buy or sell?
May 21st, 2019
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?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
These 2 buy setups match with Euronet Worldwide stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Euronet Worldwide stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we collected 8 ratings published for EEFT stock in the last month. The general sentiment of these ratings is bullish for EEFT stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-4-11||Wells Fargo & Co||n/a||Outperform|
|2019-3-5||Piper Jaffray Companies||n/a||n/a|
|2019-2-11||Needham & Company LLC||Buy||Buy|
|2019-2-11||Needham & Company LLC||n/a||Buy|
EEFT stock analysis
After several days of continuous hikes in past weeks, Euronet Worldwide jumped 2.25% to $155.46.
Shares of Euronet Worldwide closed today at $155.46 after reaching a new all time high ($155.99) and jumped a shining 2.25%. On February, SMA50d and SMA100d crossed up triggering a rise of 16.71%. Since price and SMA100d lines crossed up on January, EEFT climbed $49.41 (46.59%).
Euronet Worldwide ended this week at $155.46 after reaching a new all time high ($155.99) and appreciated a nice 1.42%. With this, it's been 4 green weeks in a row, gaining $8.22 or 5.58%.
Late August 2018, SMA20w and SMA40w crossed up triggering a rise of 60.28%. Since late July 2018 when EEFT stock price broke up the SMA40w line, it gained $69.54 (80.94%).
EEFT stock price history
EEFT IPO was on March 7th, 1997 at $16.25 per share1. Since then, EEFT stock grew a 856.70%, with an average of 38.90% per year. If you had invested right after EEFT's IPO a $1,000 in EEFT stock in 1997, it would worth $8,567.00 today.
1: Adjusted price after possible price splits or reverse-splits.
EEFT stock historical price chart
EEFT stock reached all-time highs today with a price of $155.99.
EEFT stock price target is $158.10Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We found 8 price predictions for Euronet Worldwide stock released in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-5||DA Davidson||Raises Target||n/a||$165.00||-|
|2019-4-11||Wells Fargo & Co||Reiterates||$150.00||$164.00||9.3%|
|2019-3-5||Piper Jaffray Companies||Raises Target||n/a||$159.00||-|
|2019-3-19||DA Davidson||Raises Target||n/a||$160.00||-|
|2019-2-11||SunTrust Banks||Raises Target||n/a||$145.00||-|
|2019-2-11||Needham & Company LLC||Reiterates||$135.00||$160.00||18.5%|
|2019-2-11||Needham & Company LLC||Raises Target||$135.00||$160.00||18.5%|
|2019-2-11||DA Davidson||Raises Target||n/a||$152.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareEuronet Worldwide presented beatiful results for 2018-Q4 on February. 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 resultsIn 2018, Euronet Worldwide annual revenues skyrocketed an amazing 12.62% to $2,536.63 M USD from $2,252.42 marked in 2017. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) grew a 2.22% to 9.18%.
|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 reported $649.39 M in sales for 2018-Q4, a -9.11% decline compared to previous quarter. Reported quarter income marked $59.99 M with a profit margin of 9.24%. Profit margin dropped a -5.14% compared to previous quarter when profit margin was 14.38%. When comparing turnover to same quarter last year, Euronet Worldwide sales marked a shining increase and soared 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 shares of a stock, it's always worth to overview its ownership structure.
Euronet Worldwide shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 4.18% of all shares.
Bearish positions for EEFT stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$8.1 B||$1.5 B||$31.9 B||$38.3 B||$23.7 B|
|Total shares||52.0 M||46.3 M||871.5 M||323.6 M||157.2 M|
|Float shares||49.8 M||37.4 M||823.3 M||321.5 M||156.3 M|
|- Institutional holdings (%)||104.4%||114.8%||88.0%||92.3%||102.0%|
|- Insider holdings (%)||4.2%||1.3%||5.3%||0.6%||0.7%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$153.13 - $155.99|
|Average true range||$3.64|
|50d mov avg||$145.43|
|100d mov avg||$132.27|
|200d mov avg||$119.06|
Euronet Worldwide performanceTo measure stock performance is always good to compare with competitors or related stocks. We compared Euronet Worldwide against Cardtronics, eBay, Fidelity National Information Services, Global Payments, Moneygram International, Net 1 UEPS Technologies, Visa and Western Union in the following table:
|UEPSNet 1 UEPS Techno...||-12.11%||-23.58%||-63.77%|