EEFT - Euronet Worldwide: Encouraging Recovery In EFT Processing Revenue (Rating Downgrade)
2024-07-24 00:38:20 ET
Summary
- Euronet Worldwide has seen growth of 30% since my last article.
- Recent performance has been encouraging, but I deem the stock to be trading at fair value at this time.
- I rate Euronet Worldwide as a hold at this time, but see potential for longer-term upside if revenue growth continues on the current trajectory.
Investment Thesis: I rate Euronet Worldwide as a hold at this time, and calculate that the stock is trading at fair value. However, I see capacity for longer-term upside if revenue growth continues on its current trajectory....
Euronet Worldwide: Encouraging Recovery In EFT Processing Revenue (Rating Downgrade)