RMIEuronet Worldwide Downgraded To Hold At Zacks (EEFT)
Zacks cut shares of Euronet Worldwide (NASDAQ: EEFT) from a strong-buy rating to a hold score in a research study report sent out to financiers on Tuesday early morning, Expert Ratings.Net reports.
According to Zacks, Euronet Solutions Inc. is a market leader in offering safe and secure electronic financial transaction options. The company provides monetary payment middleware, financial network gateways, contracting out and speaking with services to financial organizations and mobile operators. (Press Release)
Zacks has actually also upgraded their scores on a number of other info technologyinfotech stocks in the recently. The firm upgraded shares of Heartland Payment Systems, Inc. from a sell score to a hold rating. Likewise, Zacks downgraded shares of DST Systems, Inc. from a buy rating to a hold rating.
A variety of other firms have also recently commented on EEFT. Analysts at Monness Crespi Hardt raised their cost target on shares of Euronet Worldwide from $65.00 to $67.00 and gave the business a buy rating in a research note on Wednesday, June 24th. Independently, experts at Avondale Partners downgraded shares of Euronet Worldwide from an outperform rating to a market carry out score in a research study note on Thursday, April 30th.
Shares of Euronet Worldwide (NASDAQ: EEFT) traded up 2.14 % on Tuesday, striking $61.70. The stock had a trading volume of 366,429 shares. Euronet Worldwide has a 1-year low of $43.92 and a 1-year high of $62.75. The stock has a 50-day moving average of $60.39 and a 200-day moving average of $56.19. The business has a market cap of $3.20 billion and a price-to-earnings ratio of 35.89.
In other Euronet Worldwide news, Director Eriberto R. Scocimara offered 5,000 shares of the business stock in a transaction that happened on Friday, May 22nd. The shares were soldcost a typical price of $60.29, for an overall transaction of $301,450.00. The sale was disclosed in a document filed with the Securities amp; Exchange Commission, which can be accessed through this link. Also, CEO Michael J. Brown sold 57,998 shares of the business stock in a transaction that occurred on Wednesday, April 29th. The stock was offered at a typical rate of $60.49, for a total value of $3,508,299.02. The disclosure for this sale can be found here.
Euronet Worldwide, Inc. (NASDAQ: EEFT) is a global electronic payments supplier. The Company offers payment and deal processing and distribution options to financial organizations, sellers, service suppliers and individual customers. Its primary product offerings include automated teller device (ATM), point-of-sale (POS), card outsourcing, card providing and merchant acquiring services, electronic distribution of prepaid mobile airtime and other electronic payment products, and global consumer cash transfer services. The Business operates in three sections: the EFT Processing Sector, the epay Sector and the Cashthe cash Transfer Sector. The Business has 9 deal processing centers, including 4 in Europe, three in Asia Pacific and two in North America. The Company serves clients in approximately 155 nations.
To obtain a totally free copy of the research study report on Euronet Worldwide (EEFT), click hereclick on this link. For more detailsFor more details about research study providings from Zacks Financial investment Research, visit Zacks.com
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