Shift4 Payments (NYSE:FOUR) Reaches New 52-Week Low – What’s Next?

Shares of Shift4 Payments, Inc. (NYSE:FOUR) reached a new 52-week low on Thursday . The company traded as low as $35.60 and last traded at $35.78, with a volume of 2404165 shares changing hands. The stock had previously closed at $38.11.

Analysts Set New Price Targets

FOUR has been the topic of a number of recent research reports. Evercore set a $45.00 target price on Shift4 Payments in a report on Monday, May 18th. Capital One Financial set a $50.00 target price on Shift4 Payments in a report on Tuesday, April 21st. Zacks Research upgraded Shift4 Payments from a “strong sell” rating to a “hold” rating in a report on Monday, June 1st. Seaport Research Partners lowered Shift4 Payments from a “buy” rating to a “neutral” rating in a report on Thursday, April 16th. Finally, Benchmark dropped their target price on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Ten research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $70.19.

Shift4 Payments Stock Down 6.1%

The stock has a fifty day moving average of $43.40 and a 200 day moving average of $53.76. The firm has a market capitalization of $2.84 billion, a P/E ratio of 42.60, a price-to-earnings-growth ratio of 0.41 and a beta of 1.43. The company has a debt-to-equity ratio of 2.55, a current ratio of 1.22 and a quick ratio of 1.22.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.97 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%.The business’s revenue was up 49.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. On average, research analysts anticipate that Shift4 Payments, Inc. will post 4.75 EPS for the current fiscal year.

Insider Buying and Selling

In other Shift4 Payments news, major shareholder Jared Isaacman purchased 193,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the acquisition, the insider owned 1,787,455 shares of the company’s stock, valued at $72,677,920.30. The trade was a 12.10% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 25.15% of the company’s stock.

Institutional Trading of Shift4 Payments

Large investors have recently bought and sold shares of the company. CIBC Bancorp USA Inc. purchased a new stake in Shift4 Payments in the third quarter worth $77,303,000. University of Illinois Foundation purchased a new stake in Shift4 Payments in the third quarter worth $8,967,000. KTF Investments LLC purchased a new stake in Shift4 Payments in the fourth quarter worth $4,248,000. Maxi Investments CY Ltd increased its position in Shift4 Payments by 368.3% in the third quarter. Maxi Investments CY Ltd now owns 77,585 shares of the company’s stock worth $6,005,000 after buying an additional 61,017 shares during the last quarter. Finally, Kennedy Capital Management LLC increased its position in Shift4 Payments by 43.8% in the third quarter. Kennedy Capital Management LLC now owns 193,366 shares of the company’s stock worth $14,967,000 after buying an additional 58,920 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.