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

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have been assigned a consensus rating of “Moderate Buy” from the twenty-one brokerages that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and twelve have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $78.2222.

Several research analysts have commented on FOUR shares. The Goldman Sachs Group lowered their target price on Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Freedom Capital cut shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. 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 note on Friday, February 27th. DA Davidson cut their target price on shares of Shift4 Payments from $104.00 to $82.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $73.00 price target on shares of Shift4 Payments in a report on Thursday, February 26th.

Insiders Place Their Bets

In other news, major shareholder Jared Isaacman bought 43,827 shares of the stock in a transaction on Tuesday, March 10th. The stock was acquired at an average price of $45.75 per share, with a total value of $2,005,085.25. Following the acquisition, the insider directly owned 1,410,727 shares in the company, valued at approximately $64,540,760.25. This trade represents a 3.21% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders acquired 385,757 shares of company stock worth $17,666,153. Insiders own 25.15% of the company’s stock.

Institutional Trading of Shift4 Payments

Hedge funds and other institutional investors have recently made changes to their positions in the company. Advisors Asset Management Inc. raised its holdings in Shift4 Payments by 29.5% in the 2nd quarter. Advisors Asset Management Inc. now owns 562 shares of the company’s stock valued at $56,000 after buying an additional 128 shares during the last quarter. GAMMA Investing LLC grew its holdings in Shift4 Payments by 25.9% during the 4th quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock worth $54,000 after acquiring an additional 177 shares during the last quarter. State Board of Administration of Florida Retirement System increased its position in Shift4 Payments by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 47,160 shares of the company’s stock valued at $4,674,000 after acquiring an additional 190 shares during the period. Marex Group plc increased its position in Shift4 Payments by 6.0% in the 4th quarter. Marex Group plc now owns 3,487 shares of the company’s stock valued at $220,000 after acquiring an additional 196 shares during the period. Finally, Parallel Advisors LLC raised its stake in shares of Shift4 Payments by 5.6% during the third quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock valued at $313,000 after acquiring an additional 214 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Stock Up 0.1%

NYSE FOUR opened at $42.79 on Tuesday. The business has a fifty day moving average price of $51.44 and a two-hundred day moving average price of $64.06. The stock has a market capitalization of $3.48 billion, a PE ratio of 40.75, a PEG ratio of 0.44 and a beta of 1.60. Shift4 Payments has a fifty-two week low of $40.60 and a fifty-two week high of $108.50. The company has a debt-to-equity ratio of 4.66, a current ratio of 1.66 and a quick ratio of 1.66.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.60 EPS for the quarter, topping analysts’ consensus estimates of $1.56 by $0.04. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The company had revenue of $610.00 million during the quarter, compared to analysts’ expectations of $1.20 billion. During the same quarter in the previous year, the firm earned $1.35 EPS. Shift4 Payments’s revenue was up 50.6% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities analysts expect that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

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.