Shift4 Payments, Inc. (NYSE:FOUR) Given Average Rating of “Moderate Buy” by Analysts

Shift4 Payments, Inc. (NYSE:FOUR) has received an average rating of “Moderate Buy” from the twenty-two brokerages that are presently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $96.95.

Several equities research analysts have weighed in on FOUR shares. The Goldman Sachs Group decreased their price target on shares of Shift4 Payments from $95.00 to $83.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Keefe, Bruyette & Woods reduced their target price on Shift4 Payments from $90.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday, November 10th. Mizuho decreased their target price on Shift4 Payments from $100.00 to $95.00 and set an “outperform” rating for the company in a research report on Tuesday, October 28th. Royal Bank Of Canada dropped their price target on Shift4 Payments from $127.00 to $96.00 and set an “outperform” rating on the stock in a research note on Friday, November 7th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Shift4 Payments in a report on Monday, December 15th.

Shift4 Payments Price Performance

Shares of FOUR opened at $64.19 on Friday. The firm has a market cap of $5.69 billion, a PE ratio of 30.14, a price-to-earnings-growth ratio of 0.65 and a beta of 1.68. Shift4 Payments has a 52-week low of $61.23 and a 52-week high of $127.50. The business’s 50 day moving average price is $70.27 and its two-hundred day moving average price is $84.44. The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.38 and a current ratio of 1.38.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Thursday, November 6th. The company reported $1.47 EPS for the quarter, missing the consensus estimate of $1.50 by ($0.03). Shift4 Payments had a return on equity of 40.19% and a net margin of 5.02%.The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the business earned $1.04 EPS. The business’s quarterly revenue was up 61.4% compared to the same quarter last year. On average, equities analysts anticipate that Shift4 Payments will post 3.7 EPS for the current year.

Insider Buying and Selling

In related news, CEO David Taylor Lauber sold 12,000 shares of Shift4 Payments stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $69.00, for a total value of $828,000.00. Following the completion of the sale, the chief executive officer owned 273,588 shares of the company’s stock, valued at approximately $18,877,572. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider James J. Whalen sold 1,438 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $71.50, for a total transaction of $102,817.00. Following the sale, the insider owned 54,736 shares of the company’s stock, valued at $3,913,624. This trade represents a 2.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,438 shares of company stock worth $1,278,317 in the last ninety days. Corporate insiders own 25.15% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jennison Associates LLC boosted its stake in shares of Shift4 Payments by 2.6% during the 2nd quarter. Jennison Associates LLC now owns 1,636,924 shares of the company’s stock valued at $162,236,000 after purchasing an additional 41,548 shares in the last quarter. South Dakota Investment Council bought a new position in shares of Shift4 Payments in the 2nd quarter worth approximately $1,814,000. Bessemer Group Inc. lifted its stake in shares of Shift4 Payments by 36.6% in the 2nd quarter. Bessemer Group Inc. now owns 368,981 shares of the company’s stock valued at $36,570,000 after purchasing an additional 98,919 shares during the period. Zions Bancorporation National Association UT bought a new stake in shares of Shift4 Payments during the second quarter valued at approximately $1,467,000. Finally, General Equity Holdings LP purchased a new stake in Shift4 Payments in the second quarter worth $6,026,000. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Shift4 Payments Company Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.