Euronet Worldwide, Inc. (EEFT): A Bull Case Theory

We came across a bullish thesis on Euronet Worldwide, Inc. on P14 Capital’s Substack. In this article, we will summarize the bulls’ thesis on EEFT. Euronet Worldwide, Inc.'s share was trading at $91.16 as of September 5^th. EEFT’s trailing and forward P/E were 12.57 and 8.18 respectively according to Yahoo Finance.

Euronet Worldwide (EEFT) reported Q2 results with revenue of $1.07B and EPS of $2.56, both slightly below consensus, but reiterated full-year EPS growth guidance of 12–16%. Despite the stock’s post-earnings weakness, fundamentals remain intact, with digital...