27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Throughout the last three months, 4 analysts have evaluated Euronet Worldwide (NASDAQ:EEFT), offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 1 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Euronet Worldwide, presenting an average target of $130.25, a high estimate of $140.00, and a low estimate of $120.00. Witnessing a positive shift, the current average has risen by 8.84% from the previous average price target of $119.67.
Decoding Analyst Ratings: A Detailed Look
An in-depth analysis of recent analyst actions unveils how financial experts perceive Euronet Worldwide. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Peter Heckmann | DA Davidson | Maintains | Buy | $126.00 | $126.00 |
| David Togut | Evercore ISI Group | Raises | Outperform | $135.00 | $118.00 |
| Gus Gala | Monness, Crespi, Hardt | Announces | Buy | $140.00 | - |
| Mayank Tandon | Needham | Raises | Buy | $120.00 | $115.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Euronet Worldwide. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Euronet Worldwide compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Euronet Worldwide's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Euronet Worldwide's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Euronet Worldwide analyst ratings.
Get to Know Euronet Worldwide Better
Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. It operates in three segment EFT Processing Segment, epay Segment, and Money Transfer Segment. Its segment revenue comes from by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. It generates the majority if its geographic revenue from the United States of America.
Euronet Worldwide: Delving into Financials
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Over the 3 months period, Euronet Worldwide showcased positive performance, achieving a revenue growth rate of 10.63% as of 31 December, 2023. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Euronet Worldwide's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 7.24%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Euronet Worldwide's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 5.79%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): Euronet Worldwide's ROA stands out, surpassing industry averages. With an impressive ROA of 1.25%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Euronet Worldwide's debt-to-equity ratio surpasses industry norms, standing at 1.61. This suggests the company carries a substantial amount of debt, posing potential financial challenges.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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