A Glimpse Into The Expert Outlook On Euronet Worldwide Through 7 Analysts
Portfolio Pulse from Benzinga Insights
Euronet Worldwide (NASDAQ:EEFT) has been evaluated by 7 analysts over the last three months, showing a bullish trend with an increase in the average 12-month price target to $126.0 from $118.33. Analysts from firms like Keefe, Bruyette & Woods, Needham, Citigroup, DA Davidson, Evercore ISI Group, and Monness, Crespi, Hardt have adjusted their ratings and price targets, reflecting optimism about the company's performance. Despite a market capitalization below industry averages and a net margin below industry standards, Euronet Worldwide has shown impressive revenue growth of 10.63% and strong ROE and ROA figures, indicating effective utilization of equity capital and assets.
May 02, 2024 | 2:00 pm
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POSITIVE IMPACT
Euronet Worldwide has seen a positive shift in analyst sentiment, with an increased average price target to $126.0, indicating a bullish outlook. The company's strong revenue growth and effective capital utilization are key highlights.
The increase in the average price target by analysts, along with positive adjustments in ratings and price targets from multiple financial firms, suggests a strong bullish sentiment towards EEFT. The company's impressive revenue growth and above-average ROE and ROA figures further support this positive outlook, despite its below-average market capitalization and net margin. The detailed analysis by analysts from reputable firms adds credibility to the optimistic projections, making a strong case for potential short-term price appreciation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100