Shift4 Payments, Inc. (NYSE:FOUR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have been given an average recommendation of “Moderate Buy” by the twenty-two analysts that are covering the company, Marketbeat reports. Six analysts have rated the stock with a hold recommendation, fifteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $96.95.

FOUR has been the topic of several analyst reports. DA Davidson set a $104.00 target price on shares of Shift4 Payments in a research note on Thursday. Keefe, Bruyette & Woods decreased their price target on Shift4 Payments from $90.00 to $75.00 and set a “market perform” rating for the company in a research note on Monday, November 10th. Oppenheimer dropped their price objective on Shift4 Payments from $115.00 to $112.00 and set an “outperform” rating on the stock in a research report on Friday, October 17th. Weiss Ratings restated a “hold (c)” rating on shares of Shift4 Payments in a research note on Monday, December 15th. Finally, Loop Capital set a $80.00 price target on shares of Shift4 Payments in a report on Thursday, December 11th.

Insider Activity

In related news, insider James J. Whalen sold 1,438 shares of Shift4 Payments stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $71.50, for a total value of $102,817.00. Following the completion of the sale, the insider owned 54,736 shares of the company’s stock, valued at $3,913,624. The trade was a 2.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 value of $347,500.00. Following the sale, the director owned 130,420 shares of the company’s stock, valued at approximately $9,064,190. This represents a 3.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 18,438 shares of company stock valued at $1,278,317 in the last ninety days. 25.15% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Shift4 Payments

Hedge funds and other institutional investors have recently modified their holdings of the stock. Banque Transatlantique SA bought a new position in Shift4 Payments during the first quarter valued at $27,000. Allworth Financial LP raised its position in shares of Shift4 Payments by 410.9% during the 2nd quarter. Allworth Financial LP now owns 281 shares of the company’s stock valued at $28,000 after buying an additional 226 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares during the last quarter. Quantbot Technologies LP bought a new position in shares of Shift4 Payments in the 1st quarter valued at about $37,000. Finally, Hantz Financial Services Inc. grew its position in Shift4 Payments by 148.1% in the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after acquiring an additional 314 shares in the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Shift4 Payments Stock Performance

Shift4 Payments stock opened at $64.19 on Friday. Shift4 Payments has a twelve month low of $61.23 and a twelve month high of $127.50. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 3.27. The company has a market capitalization of $5.69 billion, a P/E ratio of 30.14, a PEG ratio of 0.65 and a beta of 1.68. The stock’s 50 day moving average is $70.27 and its 200 day moving average is $84.44.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, November 6th. The company reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.03). The company had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.19 billion. Shift4 Payments had a net margin of 5.02% and a return on equity of 40.19%. Shift4 Payments’s revenue was up 61.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.04 earnings per share. On average, equities research analysts predict that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

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.