Yahoo Finance Why Euronet Worldwide (EEFT) is a Top Growth Stock for the Long-Term
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
Why This 1 Growth Stock Should Be On Your Watchlist
Growth investors build their portfolios around companies that are financially strong and have a bright future, and the Growth Style Score helps take projected and historical earnings, sales, and cash flow into account to uncover stocks that will see long-term, sustainable growth.
Euronet Worldwide (EEFT)
Founded in 1994 and headquartered at Leawood, KS, Euronet Worldwide is a leading electronics payments provider. The company offers payment and transaction processing and distribution solutions to financial institutions, retailers, consumers and service providers.
EEFT boasts a Growth Style Score of B and VGM Score of B, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 15.8% year-over-year for 2024, while Wall Street anticipates its top line to improve by 7.6%.
Three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.17 to $8.64 per share for 2024. EEFT boasts an average earnings surprise of 9.3%.
Euronet Worldwide is also cash rich. The company has generated cash flow growth of 1.8%, and is expected to report cash flow expansion of 4% in 2024.
With solid fundamentals, a good Zacks Rank, and top-tier Growth and VGM Style Scores, EEFT should be on investors' short lists.
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Euronet Worldwide, Inc. (EEFT) : Free Stock Analysis Report
