Shift4 Payments (NYSE:FOUR) Price Target Lowered to $70.00 at BTIG Research

Shift4 Payments (NYSE:FOUR) had its price target decreased by BTIG Research from $80.00 to $70.00 in a report released on Thursday, MarketBeat Ratings reports. BTIG Research currently has a buy rating on the stock.

FOUR has been the subject of a number of other research reports. UBS Group reduced their price target on shares of Shift4 Payments from $115.00 to $100.00 and set a “buy” rating for the company in a research report on Friday, November 7th. The Goldman Sachs Group cut their price objective on Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a research note on Monday. Mizuho decreased their target price on Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. Freedom Capital cut Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 27th. Finally, Benchmark reduced their price objective on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating for the company in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $79.89.

Shift4 Payments Trading Up 3.2%

Shares of FOUR stock opened at $48.99 on Thursday. Shift4 Payments has a 1-year low of $43.32 and a 1-year high of $108.50. The company has a market cap of $4.34 billion, a price-to-earnings ratio of 46.66, a PEG ratio of 0.37 and a beta of 1.65. The company has a debt-to-equity ratio of 4.66, a current ratio of 1.66 and a quick ratio of 1.38. The stock has a 50 day simple moving average of $59.77 and a 200-day simple moving average of $70.60.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, February 26th. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.56 by $0.04. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The firm’s revenue was up 50.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.35 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, equities research analysts expect that Shift4 Payments will post 3.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO David Taylor Lauber sold 12,000 shares of Shift4 Payments stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $69.00, for a total transaction of $828,000.00. Following the transaction, the chief executive officer owned 273,588 shares in the company, valued at $18,877,572. The trade was a 4.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Nancy Disman sold 5,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $69.50, for a total transaction of $347,500.00. Following the transaction, the director directly owned 130,420 shares in the company, valued at approximately $9,064,190. The trade was a 3.69% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have purchased 341,930 shares of company stock valued at $15,661,068. Insiders own 25.15% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

Several hedge funds and other institutional investors have recently bought and sold shares of the company. CIBC Bancorp USA Inc. acquired a new position in Shift4 Payments in the 3rd quarter valued at about $77,303,000. Wasatch Advisors LP raised its position in shares of Shift4 Payments by 16.4% during the 2nd 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 period. Bank of Montreal Can raised its position in shares of Shift4 Payments by 3,048.9% during the 4th 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 period. Norges Bank acquired a new position in Shift4 Payments in the fourth quarter valued at approximately $51,635,000. Finally, Marshall Wace LLP grew its position in Shift4 Payments by 97.2% in the fourth quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock worth $104,246,000 after acquiring an additional 816,155 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.