Shift4 Payments, Inc. (NYSE:FOUR) Receives Average Recommendation of “Moderate Buy” from Analysts

Shift4 Payments, Inc. (NYSE:FOUR) has been assigned an average recommendation of “Moderate Buy” from the twenty-three ratings firms that are currently covering the stock, MarketBeat reports. Seven analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $98.20.

Several analysts have recently issued reports on the stock. Susquehanna dropped their target price on shares of Shift4 Payments from $125.00 to $115.00 and set a “positive” rating on the stock in a research report on Friday, November 7th. Morgan Stanley lowered their price objective on Shift4 Payments from $92.00 to $86.00 and set an “equal weight” rating on the stock in a report on Friday, October 3rd. Benchmark reduced their target price on Shift4 Payments from $111.00 to $100.00 and set a “buy” rating for the company in a report on Monday, November 10th. Mizuho decreased their target price on Shift4 Payments from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 28th. Finally, Piper Sandler dropped their price target on Shift4 Payments from $113.00 to $107.00 and set an “overweight” rating for the company in a research report on Wednesday, August 6th.

Insider Transactions at Shift4 Payments

In related news, insider James J. Whalen sold 1,438 shares of the company’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $71.50, for a total transaction of $102,817.00. Following the completion of the sale, the insider owned 54,736 shares of the company’s stock, valued at approximately $3,913,624. This represents a 2.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David Taylor Lauber sold 2,500 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $88.59, for a total transaction of $221,475.00. Following the completion of the sale, the chief executive officer owned 285,588 shares of the company’s stock, valued at approximately $25,300,240.92. The trade was a 0.87% decrease in their position. The disclosure for this sale is available in the SEC filing. 25.15% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Shift4 Payments

A number of large investors have recently made changes to their positions in the stock. Banque Transatlantique SA purchased a new position in Shift4 Payments during the first quarter worth approximately $27,000. Allworth Financial LP increased its stake in shares of Shift4 Payments by 410.9% in the 2nd quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 226 shares during the last quarter. Harbour Investments Inc. acquired a new stake in shares of Shift4 Payments in the 1st quarter worth $32,000. Advisors Asset Management Inc. raised its holdings in shares of Shift4 Payments by 100.0% during the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after acquiring an additional 217 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of Shift4 Payments during the 1st quarter valued at about $37,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Shift4 Payments Stock Up 0.7%

Shares of FOUR opened at $70.12 on Wednesday. The firm has a market cap of $6.21 billion, a P/E ratio of 32.92, a PEG ratio of 0.70 and a beta of 1.71. Shift4 Payments has a 12 month low of $61.23 and a 12 month high of $127.50. The stock’s 50 day moving average is $74.67 and its two-hundred day moving average is $87.26. 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 (NYSE:FOUR) last announced its earnings results on Thursday, November 6th. The company reported $1.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.50 by ($0.03). Shift4 Payments had a net margin of 5.02% and a return on equity of 40.19%. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $1.19 billion. The company’s quarterly revenue was up 61.4% on a year-over-year basis. During the same quarter last year, the business earned $1.04 EPS. Shift4 Payments has set its FY 2025 guidance at EPS. Analysts predict that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

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.