Shift4 Payments, Inc. (NYSE:FOUR) Given Average Rating of “Moderate Buy” by Analysts

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-two analysts that are covering the firm, Marketbeat.com reports. Seven research analysts have rated the stock with a hold rating and fifteen have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $114.19.

Several equities analysts have recently weighed in on the company. Royal Bank of Canada lifted their price objective on Shift4 Payments from $116.00 to $154.00 and gave the company an “outperform” rating in a research note on Wednesday, February 19th. Wells Fargo & Company boosted their price target on Shift4 Payments from $120.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Morgan Stanley boosted their price target on Shift4 Payments from $90.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Wednesday, December 18th. DA Davidson boosted their price target on Shift4 Payments from $118.00 to $126.00 and gave the stock a “buy” rating in a research report on Thursday, November 14th. Finally, B. Riley boosted their price target on Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th.

Insider Activity

In related news, insider David Taylor Lauber sold 5,000 shares of the company’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $113.71, for a total transaction of $568,550.00. Following the completion of the transaction, the insider now directly owns 210,045 shares in the company, valued at $23,884,216.95. This represents a 2.33 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James J. Whalen sold 1,462 shares of the company’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $101.07, for a total value of $147,764.34. Following the transaction, the insider now owns 37,089 shares of the company’s stock, valued at approximately $3,748,585.23. The trade was a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 11,462 shares of company stock worth $1,211,364. 30.57% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Heck Capital Advisors LLC acquired a new position in Shift4 Payments during the 4th quarter worth $26,000. Rakuten Securities Inc. boosted its position in Shift4 Payments by 153.9% during the 4th quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock worth $27,000 after acquiring an additional 157 shares during the period. Central Pacific Bank Trust Division acquired a new position in Shift4 Payments during the 4th quarter worth $28,000. UMB Bank n.a. acquired a new position in Shift4 Payments during the 4th quarter worth $29,000. Finally, Elequin Capital LP boosted its position in Shift4 Payments by 62.3% during the 4th quarter. Elequin Capital LP now owns 297 shares of the company’s stock worth $31,000 after acquiring an additional 114 shares during the period. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Price Performance

Shift4 Payments stock opened at $94.95 on Monday. Shift4 Payments has a one year low of $55.87 and a one year high of $127.50. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. The business has a fifty day moving average of $110.73 and a two-hundred day moving average of $98.15. The company has a market cap of $8.55 billion, a P/E ratio of 30.93, a price-to-earnings-growth ratio of 1.04 and a beta of 1.72.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. The firm had revenue of $405.00 million during the quarter, compared to analysts’ expectations of $1 billion. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. As a group, analysts predict that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

About Shift4 Payments

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.