3 Reasons Growth Investors Will Love Euronet Worldwide (EEFT)

Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to their inherent risks and volatility [1] Group 1: Company Overview - Euronet Worldwide (EEFT) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] - The company is an electronic payments and transactions processor, making it a relevant growth pick [3] Group 2: Earnings Growth - Historical EPS growth rate for Euronet Worldwide is 10.6%, with projected EPS growth of 16.2% this year, surpassing the industry average of 16.1% [5] Group 3: Asset Utilization - Euronet Worldwide has an asset utilization ratio (sales-to-total-assets ratio) of 0.67, indicating it generates $0.67 in sales for every dollar in assets, compared to the industry average of 0.22 [7] - The company's sales are expected to grow by 6.2% this year, significantly higher than the industry average of 0.1% [7] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for Euronet Worldwide have been revised upward, with the Zacks Consensus Estimate increasing by 1.1% over the past month [9] - The positive trend in earnings estimate revisions correlates with potential near-term stock price movements [8] Group 5: Investment Potential - Euronet Worldwide holds a Zacks Rank of 2 (Buy) and a Growth Score of B, indicating it is a potential outperformer and a solid choice for growth investors [10]