B. Riley Financial Cuts Shift4 Payments (NYSE:FOUR) Price Target to $96.00

Shift4 Payments (NYSE:FOUR) had its target price decreased by B. Riley Financial from $120.00 to $96.00 in a report released on Monday morning,Benzinga reports. B. Riley Financial currently has a buy rating on the stock.

Other research analysts have also issued reports about the company. Zacks Research raised Shift4 Payments from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Evercore set a $45.00 target price on Shift4 Payments in a research note on Monday, May 18th. Mizuho set a $55.00 price target on shares of Shift4 Payments in a research report on Monday, August 10th. Keefe, Bruyette & Woods increased their price target on shares of Shift4 Payments from $50.00 to $52.00 and gave the stock a “market perform” rating in a research report on Friday, May 8th. Finally, BMO Capital Markets set a $46.00 price target on shares of Shift4 Payments in a report on Friday, August 7th. Eleven 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $60.10.

Shift4 Payments Trading Down 3.6%

NYSE FOUR opened at $46.27 on Monday. Shift4 Payments has a twelve month low of $34.56 and a twelve month high of $92.47. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a market cap of $3.65 billion, a price-to-earnings ratio of 77.12, a PEG ratio of 0.62 and a beta of 1.40. The firm’s 50 day moving average price is $47.99 and its two-hundred day moving average price is $46.75.

Shift4 Payments (NYSE:FOUR) last released its earnings results on Thursday, August 6th. The company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.06. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%.The company’s revenue for the quarter was up 50.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Equities analysts anticipate that Shift4 Payments will post 4.33 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Wasatch Advisors LP raised its stake in shares of Shift4 Payments by 10.1% during the 4th 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 grew its stake in shares of 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 buying an additional 745,650 shares in the last quarter. Darlington Partners Capital Management LP grew its stake in shares of 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 buying an additional 105,320 shares in the last quarter. California State Teachers Retirement System increased its holdings in Shift4 Payments by 3,922.5% in the second quarter. California State Teachers Retirement System now owns 2,823,406 shares of the company’s stock worth $137,330,000 after buying an additional 2,753,215 shares during the last quarter. Finally, Ensign Peak Advisors Inc increased its holdings in Shift4 Payments by 7.7% in the fourth quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock worth $166,482,000 after buying an additional 188,594 shares during the last quarter. Hedge funds and other institutional investors 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.