B. Riley Financial Cuts Shift4 Payments (NYSE:FOUR) Price Target to $94.00

Shift4 Payments (NYSE:FOUR) had its price objective lowered by B. Riley Financial from $96.00 to $94.00 in a research report released on Tuesday,Benzinga reports. The brokerage currently has a buy rating on the stock.

FOUR has been the subject of several other reports. Royal Bank Of Canada reissued an “outperform” rating and issued a $67.00 price objective on shares of Shift4 Payments in a research report on Friday, September 11th. Loop Capital started coverage on Shift4 Payments in a research report on Wednesday, June 24th. They set a “hold” rating and a $40.00 target price on the stock. Morgan Stanley set a $46.00 price target on Shift4 Payments in a research note on Friday, August 7th. BMO Capital Markets set a $46.00 price target on Shift4 Payments in a report on Friday, August 7th. Finally, Weiss Ratings downgraded Shift4 Payments from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Eleven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Shift4 Payments currently has a consensus rating of “Hold” and a consensus target price of $57.90.

Shift4 Payments Trading Up 1.5%

Shares of FOUR stock opened at $39.58 on Tuesday. Shift4 Payments has a 12 month low of $34.56 and a 12 month high of $80.00. The company has a market cap of $3.13 billion, a PE ratio of 65.97, a price-to-earnings-growth ratio of 0.55 and a beta of 1.39. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.59. The business’s 50 day moving average is $43.25 and its two-hundred day moving average is $44.48.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. The business had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $615.65 million. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. Shift4 Payments’s revenue for the quarter was up 50.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Equities analysts predict that Shift4 Payments will post 4.25 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Versant Capital Management Inc acquired a new position in Shift4 Payments during the 2nd quarter worth about $34,000. Root Financial Partners LLC raised its stake in shares of Shift4 Payments by 174,900.0% in the first quarter. Root Financial Partners LLC now owns 1,750 shares of the company’s stock worth $77,000 after acquiring an additional 1,749 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new position in shares of Shift4 Payments during the first quarter worth approximately $87,000. Nykredit A S acquired a new stake in shares of Shift4 Payments in the second quarter valued at approximately $132,000. Finally, Syon Capital LLC acquired a new position in Shift4 Payments during the 2nd quarter worth $201,000. 98.87% of the stock is owned by institutional investors and hedge funds.

Shift4 Payments Company Profile

Shift4 Payments, Inc provides integrated payment processing and commerce technology for businesses worldwide. The company enables merchants to accept payments through in-person, online and mobile channels, offering services that can include payment gateways, acquiring, transaction processing, fraud prevention and reporting.

Shift4’s platform is designed to combine payments with business-management tools and point-of-sale systems. Its solutions support industries such as restaurants, hospitality, retail, sports and entertainment, gaming, e-commerce and other organizations that require unified payment and commerce capabilities.