Shift4 Payments (NYSE:FOUR) Stock Price Expected to Rise, Truist Financial Analyst Says

Shift4 Payments (NYSE:FOURGet Free Report) had its price target boosted by equities research analysts at Truist Financial from $46.00 to $50.00 in a research report issued to clients and investors on Friday, Marketbeat.com reports. The firm presently has a “hold” rating on the stock. Truist Financial’s price target would suggest a potential upside of 3.15% from the stock’s current price.

Several other research analysts have also issued reports on the stock. Keefe, Bruyette & Woods increased their target price on shares of Shift4 Payments from $50.00 to $52.00 and gave the stock a “market perform” rating in a research note on Friday, May 8th. BMO Capital Markets initiated coverage on shares of Shift4 Payments in a research note on Tuesday, April 21st. They issued a “market perform” rating and a $50.00 price target for the company. Seaport Research Partners downgraded shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a research note on Thursday, April 16th. Capital One Financial set a $50.00 price objective on shares of Shift4 Payments in a report on Tuesday, April 21st. Finally, Loop Capital assumed coverage on shares of Shift4 Payments in a research report on Wednesday, June 24th. They set a “hold” rating and a $40.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Shift4 Payments has a consensus rating of “Hold” and a consensus price target of $68.43.

Check Out Our Latest Stock Report on FOUR

Shift4 Payments Trading Up 4.6%

Shares of FOUR stock opened at $48.48 on Friday. Shift4 Payments has a fifty-two week low of $34.56 and a fifty-two week high of $107.15. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.22 and a current ratio of 1.22. The stock has a 50 day simple moving average of $44.69 and a two-hundred day simple moving average of $49.21. The company has a market cap of $3.85 billion, a P/E ratio of 57.71, a PEG ratio of 0.52 and a beta of 1.41.

Shift4 Payments (NYSE:FOURGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). The business had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.Shift4 Payments’s quarterly revenue was up 49.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts forecast that Shift4 Payments will post 4.77 earnings per share for the current year.

Insider Activity

In other news, major shareholder Jared Isaacman bought 195,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average cost of $41.41 per share, for a total transaction of $8,095,655.00. Following the acquisition, the insider directly owned 1,594,455 shares in the company, valued at approximately $66,026,381.55. This trade represents a 13.97% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.54% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc acquired a new position in shares of Shift4 Payments during the second quarter valued at about $34,000. Advisors Asset Management Inc. increased its position in shares of Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after acquiring an additional 217 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Shift4 Payments in the 4th quarter worth about $43,000. Vestcor Inc acquired a new stake in shares of Shift4 Payments in the 3rd quarter worth about $45,000. Finally, Summer Road LLC bought a new position in Shift4 Payments in the 4th quarter valued at about $47,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

About Shift4 Payments

(Get Free Report)

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.

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Analyst Recommendations for Shift4 Payments (NYSE:FOUR)

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