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Why Euronet Worldwide (EEFT) is a Top Growth Stock for the Long-Term

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

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

For growth investors, a company's financial strength, overall health, and future outlook take precedence, so they'll want to zero in on the Growth Style Score. This Score examines things like projected and historical earnings, sales, and cash flow to find stocks that will generate sustainable growth over time.

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 A and VGM Score of A, and holds a Zacks Rank #2 (Buy) rating. Its bottom-line is projected to rise 14.8% year-over-year for 2023, while Wall Street anticipates its top line to improve by 9.2%.

Four analysts revised their earnings estimate higher in the last 60 days for fiscal 2023, while the Zacks Consensus Estimate has increased $0.13 to $7.47 per share. EEFT also boasts an average earnings surprise of 7.1%.

On a historic basis, Euronet Worldwide has generated cash flow growth of 4.4%, and is expected to report cash flow expansion of 34.4% this year.

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

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Zacks Investment Research

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