November 20, 2023, Euronet Worldwide Inc (NASDAQ: EEFT) trading session started at the price of $84.74, that was 3.29% jump from the session before. During the day, the shares moved up to $88.24 and dropped to $84.40 before settling in for the closing price of $84.69. A 52-week range for EEFT has been $73.84 – $121.55.
Technology Sector giant saw their annual sales surged by 8.82% over the last five years. When this article was written, the company’s average yearly earnings per share was at 12.97%. With a float of $43.60 million, this company’s outstanding shares have now reached $49.82 million.
The firm has a total of 9500 workers. Let’s measure their productivity. In terms of profitability, gross margin is +19.96, operating margin of +11.47, and the pretax margin is +9.60.
Euronet Worldwide Inc (EEFT) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Euronet Worldwide Inc stocks. The insider ownership of Euronet Worldwide Inc is 5.46%, while institutional ownership is 94.25%. The most recent insider transaction that took place on May 22, was worth 6,034,565. In this transaction CEO & President of this company sold 50,000 shares at a rate of $120.69, taking the stock ownership to the 1,487,361 shares. Before that another transaction happened on Mar 10, when Company’s CEO, EFT EMEA Division sold 4,280 for $103.06, making the entire transaction worth $441,097. This insider now owns 31,529 shares in total.
Euronet Worldwide Inc (EEFT) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/29/2023, it has been observed that the corporation posted $2.72 earnings per share (EPS) during the time that was better than consensus figure (set at $2.7) by $0.02. This company achieved a net margin of +7.02 while generating a return on equity of 18.86. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.07 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 9.12% growth over the previous five years of trading.
Euronet Worldwide Inc (NASDAQ: EEFT) Trading Performance Indicators
You can see what Euronet Worldwide Inc (EEFT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.12. Likewise, its price to free cash flow for the trailing twelve months is 5.66.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.34, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 8.31 in one year’s time.
Technical Analysis of Euronet Worldwide Inc (EEFT)
Analysing the last 5-days average volume posted by the [Euronet Worldwide Inc, EEFT], we can find that recorded value of 0.41 million was better than the volume posted last year of 0.39 million. As of the previous 9 days, the stock’s Stochastic %D was 81.25%. Additionally, its Average True Range was 2.42.
During the past 100 days, Euronet Worldwide Inc’s (EEFT) raw stochastic average was set at 28.89%, which indicates a significant decrease from 94.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.41% in the past 14 days, which was lower than the 45.34% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $79.73, while its 200-day Moving Average is $99.38. Now, the first resistance to watch is $89.01. This is followed by the second major resistance level at $90.55. The third major resistance level sits at $92.85. If the price goes on to break the first support level at $85.17, it is likely to go to the next support level at $82.87. Should the price break the second support level, the third support level stands at $81.33.
Euronet Worldwide Inc (NASDAQ: EEFT) Key Stats
There are 46,121K outstanding shares of the company, which has a market capitalization of 4.03 billion. As of now, sales total 3,359 M while income totals 230,990 K. Its latest quarter income was 1,004 M while its last quarter net income were 104,200 K.