Shift4 Payments, Inc. (NYSE:FOUR) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned a consensus recommendation of “Moderate Buy” from the twenty-one brokerages that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $114.25.

A number of research firms have recently weighed in on FOUR. Benchmark raised shares of Shift4 Payments from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, April 30th. UBS Group cut their target price on shares of Shift4 Payments from $138.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, April 30th. Raymond James lowered their price objective on shares of Shift4 Payments from $140.00 to $130.00 and set a “strong-buy” rating for the company in a research report on Friday, April 4th. Deutsche Bank Aktiengesellschaft initiated coverage on Shift4 Payments in a report on Monday, February 3rd. They issued a “hold” rating and a $120.00 price target for the company. Finally, Keefe, Bruyette & Woods cut their target price on shares of Shift4 Payments from $125.00 to $95.00 and set a “market perform” rating on the stock in a research note on Monday, March 31st.

Insider Buying and Selling at Shift4 Payments

In related news, CFO Nancy Disman sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the sale, the chief financial officer now directly owns 177,622 shares in the company, valued at $15,094,317.56. The trade was a 5.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President David Taylor Lauber sold 2,500 shares of the company’s stock in a transaction on Thursday, March 6th. The shares were sold at an average price of $91.70, for a total value of $229,250.00. Following the completion of the transaction, the president now directly owns 264,856 shares in the company, valued at $24,287,295.20. This represents a 0.94% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 12,695 shares of company stock worth $1,097,380. 25.15% of the stock is owned by company insiders.

Hedge Funds Weigh In On Shift4 Payments

A number of hedge funds and other institutional investors have recently modified their holdings of FOUR. Heck Capital Advisors LLC acquired a new position in Shift4 Payments during the fourth quarter valued at $26,000. Rakuten Securities Inc. grew its stake in Shift4 Payments by 153.9% in the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock valued at $27,000 after buying an additional 157 shares during the last quarter. UMB Bank n.a. acquired a new position in shares of Shift4 Payments during the 4th quarter worth about $29,000. Elequin Capital LP raised its stake in Shift4 Payments by 62.3% during the 4th quarter. Elequin Capital LP now owns 297 shares of the company’s stock valued at $31,000 after purchasing an additional 114 shares during the last quarter. Finally, Valley National Advisers Inc. bought a new stake in shares of Shift4 Payments in the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $90.70 on Friday. The firm’s fifty day simple moving average is $82.87 and its 200-day simple moving average is $97.83. Shift4 Payments has a fifty-two week low of $57.45 and a fifty-two week high of $127.50. The company has a quick ratio of 2.97, a current ratio of 1.38 and a debt-to-equity ratio of 2.12. The stock has a market cap of $8.04 billion, a PE ratio of 29.54, a price-to-earnings-growth ratio of 1.04 and a beta of 1.80.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Tuesday, April 29th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.31. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The firm had revenue of $368.50 million for the quarter, compared to analysts’ expectations of $886.09 million. During the same period in the prior year, the company earned $0.54 EPS. The firm’s revenue was up 39.7% on a year-over-year basis. Analysts expect that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

Shift4 Payments Company Profile

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.