Shift4 Payments (NYSE:FOUR) Stock Rating Reaffirmed by Benchmark

Benchmark reissued their buy rating on shares of Shift4 Payments (NYSE:FOURFree Report) in a research note released on Friday, Benzinga reports. They currently have a $99.00 price target on the stock.

FOUR has been the topic of a number of other research reports. Keefe, Bruyette & Woods started coverage on Shift4 Payments in a report on Tuesday, January 16th. They set an outperform rating and a $95.00 target price on the stock. Wells Fargo & Company reduced their target price on Shift4 Payments from $100.00 to $75.00 and set an overweight rating on the stock in a report on Friday. The Goldman Sachs Group reduced their target price on Shift4 Payments from $91.00 to $80.00 and set a buy rating on the stock in a report on Monday, April 15th. Piper Sandler reiterated an overweight rating and set a $93.00 target price on shares of Shift4 Payments in a report on Wednesday, February 28th. Finally, Morgan Stanley boosted their price target on Shift4 Payments from $60.00 to $70.00 and gave the stock an equal weight rating in a research report on Wednesday, February 28th. Two investment analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of Moderate Buy and a consensus target price of $83.75.

Read Our Latest Report on FOUR

Shift4 Payments Stock Up 1.0 %

Shares of NYSE:FOUR opened at $65.76 on Friday. Shift4 Payments has a 1 year low of $42.91 and a 1 year high of $92.30. The company has a market cap of $5.67 billion, a PE ratio of 44.13, a P/E/G ratio of 1.02 and a beta of 1.59. The company has a debt-to-equity ratio of 2.02, a current ratio of 1.64 and a quick ratio of 1.63. The stock’s 50-day moving average is $67.24 and its 200 day moving average is $68.62.

Shift4 Payments (NYSE:FOURGet Free Report) last announced its quarterly earnings results on Tuesday, February 27th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). Shift4 Payments had a net margin of 3.38% and a return on equity of 27.88%. The business had revenue of $269.30 million for the quarter, compared to analysts’ expectations of $278.85 million. Sell-side analysts anticipate that Shift4 Payments will post 2.86 EPS for the current year.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, insider David Taylor Lauber sold 15,000 shares of Shift4 Payments stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $80.15, for a total value of $1,202,250.00. Following the sale, the insider now directly owns 243,880 shares in the company, valued at approximately $19,546,982. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 32.14% of the stock is currently owned by insiders.

Institutional Trading of Shift4 Payments

A number of institutional investors and hedge funds have recently bought and sold shares of FOUR. Voss Capital LLC bought a new stake in shares of Shift4 Payments in the 4th quarter worth about $11,151,000. FCF Advisors LLC bought a new stake in shares of Shift4 Payments in the 4th quarter worth about $1,136,000. Peregrine Capital Management LLC bought a new stake in shares of Shift4 Payments in the 4th quarter worth about $6,040,000. Donoghue Forlines LLC bought a new stake in shares of Shift4 Payments in the 4th quarter worth about $1,506,000. Finally, Regal Investment Advisors LLC bought a new stake in shares of Shift4 Payments in the 3rd quarter worth about $976,000. 98.87% of the stock is currently owned by institutional investors.

About Shift4 Payments

(Get Free Report)

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.

Featured Articles

Analyst Recommendations for Shift4 Payments (NYSE:FOUR)

Receive News & Ratings for Shift4 Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shift4 Payments and related companies with MarketBeat.com's FREE daily email newsletter.