Gordon Reid
Euronet Worldwide
EEFT-Q
TOP PICK
May 14, 2024
Payment and transaction processing. HQ is actually in the USA. Owns ATMs and POS machines. Increasing margins. Adding more machines, which adds to organic growth. No dividend.
75% of their operations are outside North America. The strong USD has hit them hard, and Europe hasn't been growing as quickly as expected. This trades at a cheap 11x PE, and they grow organically. Not exciting, but safe and a solid hold.
Payment and transaction processing. HQ is actually in the USA. Owns ATMs and POS machines. Increasing margins. Adding more machines, which adds to organic growth. No dividend.
(Analysts’ price target is $124.00)