Shift4 Payments (NYSE:FOUR) Stock Rating Upgraded by Zacks Research

Shift4 Payments (NYSE:FOUR) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

FOUR has been the subject of several other reports. DA Davidson decreased their price objective on shares of Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Evercore set a $45.00 price objective on shares of Shift4 Payments in a research report on Monday, May 18th. The Goldman Sachs Group decreased their price objective on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Seaport Research Partners cut shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a research report on Thursday, April 16th. Finally, Benchmark decreased their price objective on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a research report on Monday, March 2nd. Ten investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $70.19.

Shift4 Payments Stock Down 4.5%

Shift4 Payments stock opened at $43.16 on Monday. Shift4 Payments has a twelve month low of $39.61 and a twelve month high of $108.50. The stock’s fifty day simple moving average is $44.42 and its 200-day simple moving average is $55.22. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55. The firm has a market capitalization of $3.42 billion, a P/E ratio of 51.38, a P/E/G ratio of 0.49 and a beta of 1.43.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.97 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The company had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the prior year, the company posted $1.07 EPS. The firm’s revenue was up 49.0% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, equities analysts expect that Shift4 Payments will post 4.75 earnings per share for the current fiscal year.

Insider Activity at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman bought 193,000 shares of Shift4 Payments stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of $40.66 per share, with a total value of $7,847,380.00. Following the completion of the acquisition, the insider owned 1,787,455 shares of the company’s stock, valued at approximately $72,677,920.30. This represents a 12.10% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have bought 432,327 shares of company stock valued at $17,948,120 over the last three months. 25.15% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Shift4 Payments

A number of institutional investors and hedge funds have recently made changes to their positions in FOUR. CIBC Bancorp USA Inc. purchased a new stake in shares of Shift4 Payments in the third quarter valued at about $77,303,000. Wasatch Advisors LP raised its holdings in shares of Shift4 Payments by 16.4% in the second quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock valued at $628,215,000 after buying an additional 890,990 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of Shift4 Payments by 3,048.9% in the fourth quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock valued at $54,938,000 after buying an additional 844,746 shares during the last quarter. Norges Bank purchased a new stake in shares of Shift4 Payments in the fourth quarter valued at about $51,635,000. Finally, Marshall Wace LLP raised its holdings in shares of Shift4 Payments by 97.2% in the fourth quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock valued at $104,246,000 after buying an additional 816,155 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

About Shift4 Payments

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.