Shift4 Payments (NYSE:FOUR) Trading 7% Higher – Time to Buy?

Shift4 Payments, Inc. (NYSE:FOUR)’s stock price rose 7% during trading on Wednesday . The company traded as high as $53.20 and last traded at $53.5090. 520,399 shares were traded during mid-day trading, a decline of 75% from the average session volume of 2,053,342 shares. The stock had previously closed at $50.01.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FOUR shares. Evercore set a $45.00 price objective on shares of Shift4 Payments in a research report on Monday, May 18th. Royal Bank Of Canada dropped their target price on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Weiss Ratings restated a “sell (d+)” rating on shares of Shift4 Payments in a research note on Thursday, June 11th. DA Davidson decreased their price target on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Finally, Zacks Research raised Shift4 Payments from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $68.24.

Shift4 Payments Trading Up 3.9%

The stock has a market capitalization of $4.12 billion, a PE ratio of 61.89, a PEG ratio of 0.53 and a beta of 1.41. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55. The business’s 50-day moving average is $43.56 and its two-hundred day moving average is $49.93.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. During the same period in the previous year, the business posted $1.07 EPS. The business’s revenue for the quarter 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. On average, analysts anticipate that Shift4 Payments, Inc. will post 4.77 earnings per share for the current fiscal year.

Insider Transactions at Shift4 Payments

In other news, major shareholder Jared Isaacman purchased 195,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of $41.41 per share, for a total transaction of $8,095,655.00. Following the purchase, the insider directly owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. This represents a 13.97% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.54% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Shift4 Payments

Several large investors have recently modified their holdings of the company. CIBC Bancorp USA Inc. purchased a new position in shares of Shift4 Payments during the 3rd quarter worth approximately $77,303,000. KTF Investments LLC purchased a new stake in shares of Shift4 Payments in the fourth quarter valued at approximately $4,248,000. Maxi Investments CY Ltd grew its holdings in Shift4 Payments by 368.3% during the third quarter. Maxi Investments CY Ltd now owns 77,585 shares of the company’s stock worth $6,005,000 after acquiring an additional 61,017 shares during the period. M&T Bank Corp raised its position in Shift4 Payments by 2,674.9% in the fourth quarter. M&T Bank Corp now owns 136,608 shares of the company’s stock worth $8,602,000 after acquiring an additional 131,685 shares in the last quarter. Finally, North Reef Capital Management LP raised its position in Shift4 Payments by 312.2% in the third quarter. North Reef Capital Management LP now owns 103,056 shares of the company’s stock worth $7,977,000 after acquiring an additional 78,056 shares in the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

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.