Shift4 Payments (NYSE:FOUR) Trading Down 6.5% – Should You Sell?

Shift4 Payments, Inc. (NYSE:FOUR) shares dropped 6.5% during mid-day trading on Tuesday . The company traded as low as $42.80 and last traded at $42.9690. Approximately 99,492 shares were traded during mid-day trading, a decline of 95% from the average session volume of 1,970,446 shares. The stock had previously closed at $45.94.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on FOUR. Morgan Stanley set a $46.00 price target on shares of Shift4 Payments in a research report on Friday, August 7th. BMO Capital Markets set a $46.00 target price on shares of Shift4 Payments in a research note on Friday, August 7th. DA Davidson decreased their target price on shares of Shift4 Payments from $74.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, August 10th. The Goldman Sachs Group set a $48.00 price target on shares of Shift4 Payments in a research note on Friday, August 7th. Finally, Royal Bank Of Canada raised their price target on shares of Shift4 Payments from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Monday, August 31st. Eleven equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Shift4 Payments has an average rating of “Hold” and a consensus target price of $60.24.

Shift4 Payments Stock Down 8.4%

The stock has a market capitalization of $3.32 billion, a price-to-earnings ratio of 70.08, a P/E/G ratio of 0.59 and a beta of 1.38. The business has a 50-day moving average of $48.22 and a 200-day moving average of $46.00. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.21 and a current ratio of 1.21.

Shift4 Payments (NYSE:FOUR) last posted its earnings results on Thursday, August 6th. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $1.26 by $0.06. The company had revenue of $1.29 billion for 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. On average, sell-side analysts expect that Shift4 Payments, Inc. will post 4.33 EPS for the current year.

Hedge Funds Weigh In On Shift4 Payments

Large investors have recently made changes to their positions in the stock. California State Teachers Retirement System boosted its stake in shares of Shift4 Payments by 3,922.5% in the second quarter. California State Teachers Retirement System now owns 2,823,406 shares of the company’s stock valued at $137,330,000 after purchasing an additional 2,753,215 shares during the period. Wasatch Advisors LP increased its stake in Shift4 Payments by 16.4% during the 2nd quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after buying an additional 890,990 shares during the period. Bank of Montreal Can lifted its holdings in Shift4 Payments by 3,048.9% during the 4th quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock worth $54,938,000 after buying an additional 844,746 shares in the last quarter. Norges Bank acquired a new stake in Shift4 Payments during the 4th quarter worth approximately $51,635,000. Finally, Marshall Wace LLP boosted its position in Shift4 Payments by 97.2% in the 4th quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock valued at $104,246,000 after buying an additional 816,155 shares during the period. 98.87% of the stock is currently owned by institutional investors and hedge funds.

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.