Shift4 Payments (NYSE:FOUR) Stock Rating Lowered by Raymond James Financial

Shift4 Payments (NYSE:FOUR) was downgraded by research analysts at Raymond James Financial from a “strong-buy” rating to an “outperform” rating in a report issued on Thursday, MarketBeat reports. They currently have a $67.00 target price on the stock. Raymond James Financial’s target price points to a potential upside of 50.34% from the company’s current price.

Other equities research analysts have also recently issued research reports about the company. Mizuho lowered their target price on Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a report on Monday, December 22nd. Loop Capital set a $80.00 target price on shares of Shift4 Payments in a research note on Thursday, December 11th. Benchmark reduced their price target on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research note on Monday, March 2nd. Oppenheimer dropped their target price on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating for the company in a research note on Monday, January 12th. Finally, BTIG Research lowered their price target on Shift4 Payments from $80.00 to $70.00 and set a “buy” rating for the company in a report on Thursday, March 5th. Thirteen investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $79.89.

Shift4 Payments Price Performance

Shift4 Payments stock opened at $44.57 on Thursday. The company has a market cap of $3.62 billion, a P/E ratio of 42.44, a price-to-earnings-growth ratio of 0.49 and a beta of 1.65. Shift4 Payments has a one year low of $40.60 and a one year high of $108.50. The business has a fifty day moving average of $53.58 and a two-hundred day moving average of $65.72. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. The company had revenue of $610.00 million during the quarter, compared to the consensus estimate of $1.20 billion. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company’s revenue for the quarter was up 50.6% on a year-over-year basis. During the same period last year, the firm earned $1.35 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, analysts predict that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, major shareholder Jared Isaacman bought 43,827 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were purchased at an average cost of $45.75 per share, with a total value of $2,005,085.25. Following the completion of the transaction, the insider directly owned 1,410,727 shares of the company’s stock, valued at approximately $64,540,760.25. This represents a 3.21% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have acquired a total of 385,757 shares of company stock worth $17,666,153 in the last three months. 25.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Shift4 Payments

A number of hedge funds have recently made changes to their positions in FOUR. Mawer Investment Management Ltd. raised its holdings in Shift4 Payments by 66.9% during the 3rd quarter. Mawer Investment Management Ltd. now owns 178,318 shares of the company’s stock worth $13,802,000 after buying an additional 71,489 shares during the period. Rice Hall James & Associates LLC raised its holdings in shares of Shift4 Payments by 71.3% during the third quarter. Rice Hall James & Associates LLC now owns 584,231 shares of the company’s stock valued at $45,219,000 after acquiring an additional 243,161 shares during the period. Maestria Partners LLC boosted its stake in Shift4 Payments by 36.6% in the 3rd quarter. Maestria Partners LLC now owns 372,423 shares of the company’s stock worth $28,826,000 after purchasing an additional 99,723 shares during the period. CIBC Bancorp USA Inc. purchased a new position in Shift4 Payments during the 3rd quarter worth approximately $77,303,000. Finally, Jackson Square Partners LLC acquired a new position in shares of Shift4 Payments in the 3rd quarter valued at about $5,735,000. Institutional investors own 98.87% of the company’s stock.

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.