Shift4 Payments, Inc. (NYSE:FOUR) Receives $70.19 Consensus Target Price from Brokerages

Shift4 Payments, Inc. (NYSE:FOUR) has received a consensus rating of “Hold” from the twenty-two research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $70.1905.

A number of brokerages have recently commented on FOUR. Stephens cut shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 target price on the stock. in a report on Friday, April 17th. The Goldman Sachs Group lowered their price target on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a research report on Monday, March 2nd. Weiss Ratings reissued a “sell (d+)” rating on shares of Shift4 Payments in a research note on Thursday, June 11th. BTIG Research restated a “buy” rating and issued a $70.00 price objective on shares of Shift4 Payments in a report on Thursday, May 7th. Finally, Raymond James Financial lowered shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price for the company. in a report on Thursday, March 26th.

Insiders Place Their Bets

In related news, major shareholder Jared Isaacman acquired 195,500 shares of the stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $41.41 per share, for a total transaction of $8,095,655.00. Following the completion of the purchase, the insider owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. This represents a 13.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.54% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Shift4 Payments

Several institutional investors and hedge funds have recently modified their holdings of FOUR. GAMMA Investing LLC boosted its stake in Shift4 Payments by 25.9% in the 4th quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock worth $54,000 after purchasing an additional 177 shares in the last quarter. Marex Group plc increased its stake in Shift4 Payments by 6.0% during the 4th quarter. Marex Group plc now owns 3,487 shares of the company’s stock valued at $220,000 after purchasing an additional 196 shares in the last quarter. Parallel Advisors LLC increased its stake in Shift4 Payments by 5.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock valued at $313,000 after purchasing an additional 214 shares in the last quarter. Advisors Asset Management Inc. raised its holdings in Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares during the last quarter. Finally, Glenmede Investment Management LP lifted its stake in shares of Shift4 Payments by 5.1% in the third quarter. Glenmede Investment Management LP now owns 4,565 shares of the company’s stock worth $353,000 after buying an additional 222 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Stock Up 0.8%

FOUR stock opened at $39.50 on Friday. Shift4 Payments has a fifty-two week low of $34.56 and a fifty-two week high of $108.50. The company has a market capitalization of $3.13 billion, a price-to-earnings ratio of 47.02, a price-to-earnings-growth ratio of 0.42 and a beta of 1.43. The business’s 50 day moving average price is $43.13 and its two-hundred day moving average price is $52.47. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.22 and a current ratio of 1.22.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $1.12 billion for the quarter, compared to the consensus estimate of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The company’s revenue for the quarter was up 49.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, analysts forecast that Shift4 Payments will post 4.75 earnings per share for the current fiscal year.

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.