Shift4 Payments (NYSE:FOUR) Trading 7.8% Higher – Here’s Why

Shift4 Payments, Inc. (NYSE:FOUR) shares shot up 7.8% during mid-day trading on Tuesday . The company traded as high as $53.75 and last traded at $53.8490. Approximately 483,714 shares traded hands during trading, a decline of 76% from the average daily volume of 1,980,448 shares. The stock had previously closed at $49.97.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wolfe Research cut shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Zacks Research upgraded shares of Shift4 Payments from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. The Goldman Sachs Group raised their price objective on shares of Shift4 Payments from $49.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Keefe, Bruyette & Woods lifted their price objective on shares of Shift4 Payments from $50.00 to $52.00 and gave the company a “market perform” rating in a research note on Friday, May 8th. Finally, Capital One Financial set a $50.00 target price on shares of Shift4 Payments in a report on Tuesday, April 21st. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $68.43.

Shift4 Payments Stock Performance

The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 64.16, a price-to-earnings-growth ratio of 0.52 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 stock has a fifty day moving average price of $44.84 and a 200-day moving average price of $49.00.

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). The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The business’s quarterly revenue was up 49.0% on a year-over-year basis. During the same quarter last year, the business earned $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, analysts expect that Shift4 Payments, Inc. will post 4.77 earnings per share for the current fiscal year.

Insider Activity at Shift4 Payments

In other news, major shareholder Jared Isaacman bought 193,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average price of $40.66 per share, with a total value of $7,847,380.00. Following the completion of the acquisition, the insider directly owned 1,787,455 shares in the company, valued at approximately $72,677,920.30. The trade was a 12.10% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.54% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FOUR. Wasatch Advisors LP raised its holdings in Shift4 Payments by 10.1% during the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock worth $426,869,000 after purchasing an additional 621,797 shares in the last quarter. Durable Capital Partners LP boosted its holdings in Shift4 Payments by 12.6% in the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock valued at $660,612,000 after purchasing an additional 745,650 shares in the last quarter. Darlington Partners Capital Management LP boosted its holdings in Shift4 Payments by 2.1% in the 3rd quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock valued at $392,552,000 after purchasing an additional 105,320 shares in the last quarter. Ensign Peak Advisors Inc increased its position in Shift4 Payments by 7.7% during the 4th quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock worth $166,482,000 after purchasing an additional 188,594 shares during the period. Finally, Spyglass Capital Management LLC increased its position in Shift4 Payments by 3.1% during the 1st quarter. Spyglass Capital Management LLC now owns 1,751,140 shares of the company’s stock worth $76,577,000 after purchasing an additional 53,220 shares during the period. 98.87% of the stock is currently 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.