Shift4 Payments (NYSE:FOUR) Upgraded at BMO Capital Markets

BMO Capital Markets upgraded shares of Shift4 Payments (NYSE:FOUR) to a hold rating in a research note issued to investors on Tuesday morning,Zacks.com reports.

Other equities analysts have also issued reports about the stock. Benchmark reduced their target price on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Wells Fargo & Company dropped their price objective on shares of Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, February 27th. Keefe, Bruyette & Woods reduced their price objective on Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating on the stock in a report on Friday, February 27th. Susquehanna decreased their price objective on Shift4 Payments from $115.00 to $101.00 and set a “positive” rating on the stock in a research report on Thursday, January 8th. Finally, Deutsche Bank Aktiengesellschaft cut Shift4 Payments from a “buy” rating to a “hold” rating and lowered their target price for the company from $100.00 to $65.00 in a research note on Thursday, January 15th. Twelve analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $72.76.

Shift4 Payments Stock Performance

Shift4 Payments stock opened at $46.28 on Tuesday. The stock has a 50-day simple moving average of $47.85 and a 200 day simple moving average of $60.74. The stock has a market capitalization of $3.76 billion, a price-to-earnings ratio of 44.08, a P/E/G ratio of 0.57 and a beta of 1.60. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 4.66. Shift4 Payments has a 12-month low of $39.90 and a 12-month high of $108.50.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, February 26th. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. The firm had revenue of $610.00 million for the quarter, compared to analyst estimates of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company’s revenue was up 50.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.35 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, research analysts anticipate that Shift4 Payments will post 4.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Shift4 Payments

In related news, major shareholder Jared Isaacman purchased 159,244 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were bought at an average price of $44.15 per share, with a total value of $7,030,622.60. Following the purchase, the insider directly owned 1,321,207 shares in the company, valued at $58,331,289.05. This trade represents a 13.70% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Over the last 90 days, insiders acquired 385,757 shares of company stock valued at $17,666,153. Corporate insiders own 25.15% of the company’s stock.

Hedge Funds Weigh In On Shift4 Payments

Several hedge funds have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. boosted its holdings in Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares during the last quarter. Cetera Investment Advisers boosted its stake in Shift4 Payments by 18.8% during the 2nd quarter. Cetera Investment Advisers now owns 5,443 shares of the company’s stock worth $539,000 after acquiring an additional 860 shares during the last quarter. Prudential Financial Inc. grew its holdings in Shift4 Payments by 29.6% during the second quarter. Prudential Financial Inc. now owns 5,410 shares of the company’s stock valued at $529,000 after purchasing an additional 1,235 shares during the period. Cresset Asset Management LLC bought a new stake in Shift4 Payments in the second quarter valued at approximately $249,000. Finally, Cerity Partners LLC increased its stake in Shift4 Payments by 4.4% in the second quarter. Cerity Partners LLC now owns 5,317 shares of the company’s stock valued at $527,000 after purchasing an additional 225 shares in the last quarter. Institutional investors and hedge funds 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.