Keefe, Bruyette & Woods Has Lowered Expectations for Shift4 Payments (NYSE:FOUR) Stock Price

Shift4 Payments (NYSE:FOUR) had its price objective lowered by Keefe, Bruyette & Woods from $90.00 to $75.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage presently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price objective points to a potential upside of 5.19% from the stock’s current price.

A number of other research analysts have also issued reports on the company. Weiss Ratings lowered Shift4 Payments from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Benchmark decreased their price objective on shares of Shift4 Payments from $111.00 to $100.00 and set a “buy” rating on the stock in a report on Monday. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Shift4 Payments in a research note on Thursday, July 17th. They set a “buy” rating and a $120.00 target price for the company. DA Davidson reduced their price target on shares of Shift4 Payments from $124.00 to $114.00 and set a “buy” rating for the company in a research report on Wednesday, October 29th. Finally, UBS Group decreased their price target on shares of Shift4 Payments from $115.00 to $100.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $101.43.

Shift4 Payments Price Performance

NYSE FOUR opened at $71.30 on Monday. The firm’s fifty day simple moving average is $78.31 and its two-hundred day simple moving average is $88.29. The firm has a market capitalization of $6.31 billion, a P/E ratio of 33.48, a P/E/G ratio of 0.74 and a beta of 1.71. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 3.27. Shift4 Payments has a 12-month low of $61.23 and a 12-month high of $127.50.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.47 earnings per share for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.03). The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.Shift4 Payments’s revenue was up 61.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.04 EPS. Shift4 Payments has set its FY 2025 guidance at EPS. Analysts forecast that Shift4 Payments will post 3.7 EPS for the current fiscal year.

Insider Activity

In related news, insider James J. Whalen sold 794 shares of the firm’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $89.89, for a total transaction of $71,372.66. Following the completion of the sale, the insider directly owned 56,324 shares of the company’s stock, valued at approximately $5,062,964.36. This trade represents a 1.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO David Taylor Lauber sold 2,500 shares of the stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $88.59, for a total transaction of $221,475.00. Following the transaction, the chief executive officer directly owned 285,588 shares of the company’s stock, valued at approximately $25,300,240.92. This trade represents a 0.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 25.15% of the company’s stock.

Institutional Trading of Shift4 Payments

Several hedge funds have recently modified their holdings of the stock. Teacher Retirement System of Texas acquired a new stake in shares of Shift4 Payments in the 1st quarter valued at about $726,000. Envestnet Asset Management Inc. lifted its stake in Shift4 Payments by 18.6% in the first quarter. Envestnet Asset Management Inc. now owns 72,194 shares of the company’s stock valued at $5,899,000 after buying an additional 11,307 shares during the last quarter. Crossmark Global Holdings Inc. lifted its stake in Shift4 Payments by 5.6% in the first quarter. Crossmark Global Holdings Inc. now owns 3,641 shares of the company’s stock valued at $298,000 after buying an additional 194 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of Shift4 Payments by 10.0% in the first quarter. Cerity Partners LLC now owns 5,092 shares of the company’s stock valued at $416,000 after acquiring an additional 463 shares during the period. Finally, Xponance Inc. grew its position in shares of Shift4 Payments by 3.4% during the first quarter. Xponance Inc. now owns 13,295 shares of the company’s stock worth $1,086,000 after acquiring an additional 432 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Company Profile

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.