EEFT stock: buy or sell?

EEFT stock price: $155.46 2.25% At close on May 21st, 2019

Updated on:
May 21st, 2019

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After several days of continuous rises in past weeks, Euronet Worldwide jumped 2.25% to $155.46.

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:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.
Is EEFT a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-5DA DavidsonBuyAverage
2019-4-11Wells Fargo & Con/aOutperform
2019-3-5Piper Jaffray Companiesn/an/a
2019-3-19DA DavidsonBuyReduce
2019-2-11SunTrust Banksn/aBuy
2019-2-11Needham & Company LLCBuyBuy
2019-2-11Needham & Company LLCn/aBuy
2019-2-11DA Davidsonn/aBuy

EEFT stock analysis

Daily outlook

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%).

EEFT stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $158.10

Predicting 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:
EEFT stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-5DA DavidsonRaises Targetn/a$165.00-
2019-4-11Wells Fargo & CoReiterates$150.00$164.009.3%
2019-3-5Piper Jaffray CompaniesRaises Targetn/a$159.00-
2019-3-19DA DavidsonRaises Targetn/a$160.00-
2019-2-11SunTrust BanksRaises Targetn/a$145.00-
2019-2-11Needham & Company LLCReiterates$135.00$160.0018.5%
2019-2-11Needham & Company LLCRaises Target$135.00$160.0018.5%
2019-2-11DA DavidsonRaises Targetn/a$152.00-
(in average)$140.00$158.1013.0%
The price forecast for Euronet Worldwide stock is $158.10, moving in a range between $165.00 and $145.00. In average, analysts' outlook on EEFT price target is positive, increasing the prediction by a 13.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Euronet 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.
EEFT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.96n/a
2017-Q32017-10-201.61.610.6%
2017-Q42018-02-071.121.130.9%
2018-Q12018-04-240.680.66-2.9%
2018-Q22018-07-241.261.260.0%
2018-Q32018-10-182.042.092.5%
2018-Q42019-02-071.211.318.3%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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%.

EEFT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,410 M-$88 M6.2%-
2014$1,664 M18.02%$102 M6.1%15.52%
2015$1,772 M6.50%$99 M5.6%-2.79%
2016$1,959 M10.51%$174 M8.9%76.52%
2017$2,252 M15.00%$157 M7.0%-10.07%
2018$2,537 M12.62%$233 M9.2%48.46%

Quarterly financial results

Euronet 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%.
EEFT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$537 M-$51 M9.6%-
2017-Q3$638 M18.87%$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 M13.03%$44 M7.0%65.54%
2018-Q3$715 M14.83%$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 ownership

When 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:

EEFTCATMEBAYFISGPN
Market cap$8.1 B$1.5 B$31.9 B$38.3 B$23.7 B
Total shares52.0 M46.3 M871.5 M323.6 M157.2 M
Float shares49.8 M37.4 M823.3 M321.5 M156.3 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 selling0.0%0.0%0.0%0.0%0.0%

EEFT summary

Tuesday, May 21st, 2019
Open$153.13
Close$155.46
Day range$153.13 - $155.99
Previous close$152.04
Session gain2.25%
Average true range$3.64
50d mov avg$145.43
100d mov avg$132.27
200d mov avg$119.06
Daily pattern
Weekly pattern

Euronet Worldwide performance

To 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:
Stock3m6m12m
EEFTEuronet Worldwide16.02%39.65%90.19%
CATMCardtronics6.24%7.90%22.78%
EBAYeBay-2.06%29.12%-3.23%
FISFidelity National...10.85%15.30%15.76%
GPNGlobal Payments17.85%45.98%34.79%
MGIMoneygram Interna...-37.12%-22.07%-74.89%
UEPSNet 1 UEPS Techno...-12.11%-23.58%-63.77%
VVisa12.50%23.73%25.64%
WUWestern Union10.03%7.42%1.04%

Euronet Worldwide competitors

One check before investing in any stock is to review a list of its competitors, in this case for Euronet Worldwide. We selected 8 companies as Euronet Worldwide competitors as they are in the same industry or have similar market objectives.