Shift4 Payments, Inc. (NYSE:FOUR) Stock Has Average Target Price of $60.24 According to Analysts

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned a consensus rating of “Hold” from the twenty-three analysts that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have assigned a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $59.81.

A number of research firms recently issued reports on FOUR. Wells Fargo & Company upgraded shares of Shift4 Payments from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $55.00 to $59.00 in a research report on Tuesday, August 25th. Raymond James Financial set a $51.00 target price on Shift4 Payments in a research report on Friday, August 7th. BTIG Research lowered their price objective on Shift4 Payments from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Weiss Ratings cut shares of Shift4 Payments from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Finally, BMO Capital Markets set a $46.00 price target on shares of Shift4 Payments in a research report on Friday, August 7th.

Hedge Funds Weigh In On Shift4 Payments

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Spyglass Capital Management LLC lifted its holdings in shares of Shift4 Payments by 4.7% in the 2nd quarter. Spyglass Capital Management LLC now owns 1,833,803 shares of the company’s stock valued at $89,196,000 after buying an additional 82,663 shares during the period. Geode Capital Management LLC lifted its stake in shares of Shift4 Payments by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 1,367,881 shares of the company’s stock valued at $86,153,000 after buying an additional 57,282 shares during the period. Rice Hall James & Associates LLC lifted its position in Shift4 Payments by 27.7% during the first quarter. Rice Hall James & Associates LLC now owns 847,726 shares of the company’s stock worth $37,071,000 after buying an additional 183,938 shares during the period. Norges Bank purchased a new stake in Shift4 Payments in the fourth quarter valued at approximately $51,635,000. Finally, BW Gestao de Investimentos Ltda. grew its stake in shares of Shift4 Payments by 9.0% during the 4th quarter. BW Gestao de Investimentos Ltda. now owns 689,788 shares of the company’s stock valued at $43,436,000 after buying an additional 56,950 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Shift4 Payments Trading Down 0.8%

Shift4 Payments stock opened at $38.17 on Tuesday. The stock has a 50-day moving average price of $45.91 and a 200 day moving average price of $44.98. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 63.61, a price-to-earnings-growth ratio of 0.50 and a beta of 1.38. Shift4 Payments has a 52 week low of $34.56 and a 52 week high of $80.98. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.59.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.06. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $615.65 million. During the same quarter in the prior year, the company earned $1.10 EPS. Shift4 Payments’s quarterly revenue was up 50.9% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Sell-side analysts anticipate that Shift4 Payments will post 4.33 EPS for the current year.

Shift4 Payments Company Profile

Shift4 Payments, Inc (NYSE: FOUR) provides integrated payment processing and commerce technology for businesses. Its platform combines payment acceptance, payment gateway services, acquiring, fraud prevention, reporting and other merchant services, allowing businesses to manage transactions across in-person, online and mobile channels.

The company serves a range of industries, including restaurants, hotels, resorts, sports and entertainment venues, gaming, retail and e-commerce. Its offerings include point-of-sale and payment solutions such as SkyTab for restaurants, as well as tools designed to support venue operations, online ordering, hotel payments and other specialized commerce needs.

Shift4 has expanded its operations internationally through organic growth and acquisitions, including the purchase of Finaro, a global payment processing company.