Shift4 Payments, Inc. (NYSE:FOUR) Receives $115.35 Consensus Target Price from Analysts

Shift4 Payments, Inc. (NYSE:FOUR) has received an average rating of “Moderate Buy” from the twenty-one ratings firms that are presently covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $115.35.

A number of analysts have issued reports on the company. B. Riley reissued a “buy” rating on shares of Shift4 Payments in a research note on Monday. Susquehanna raised their price target on Shift4 Payments from $100.00 to $125.00 and gave the stock a “positive” rating in a research note on Wednesday, April 30th. Morgan Stanley reduced their price objective on Shift4 Payments from $109.00 to $107.00 and set an “equal weight” rating on the stock in a research note on Thursday, February 27th. Piper Sandler reduced their price objective on Shift4 Payments from $143.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 10th. Finally, Truist Financial began coverage on Shift4 Payments in a research note on Monday, June 2nd. They issued a “hold” rating and a $97.00 price objective on the stock.

Insider Activity at Shift4 Payments

In other Shift4 Payments news, CFO Nancy Disman sold 10,000 shares of Shift4 Payments stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $84.98, for a total transaction of $849,800.00. Following the sale, the chief financial officer now directly owns 177,622 shares in the company, valued at $15,094,317.56. The trade was a 5.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 25.15% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

Several hedge funds and other institutional investors have recently bought and sold shares of FOUR. Heck Capital Advisors LLC purchased a new stake in Shift4 Payments during the 4th quarter worth approximately $26,000. SRH Advisors LLC purchased a new stake in Shift4 Payments during the 1st quarter worth approximately $26,000. Rakuten Securities Inc. increased its holdings 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 purchasing an additional 157 shares during the last quarter. Banque Transatlantique SA bought a new stake in shares of Shift4 Payments in the 1st quarter valued at approximately $27,000. Finally, Valley National Advisers Inc. bought a new stake in shares of Shift4 Payments in the 4th quarter valued at approximately $31,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Shift4 Payments Stock Up 0.2%

Shares of NYSE:FOUR opened at $94.41 on Wednesday. The stock’s 50-day moving average price is $84.51 and its two-hundred day moving average price is $97.30. The company has a current ratio of 1.38, a quick ratio of 2.97 and a debt-to-equity ratio of 2.12. Shift4 Payments has a 12-month low of $57.45 and a 12-month high of $127.50. The firm has a market cap of $8.37 billion, a price-to-earnings ratio of 30.75, a PEG ratio of 1.04 and a beta of 1.80.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Tuesday, April 29th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.31. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The firm had revenue of $368.50 million for the quarter, compared to analyst estimates of $886.09 million. During the same period last year, the company earned $0.54 EPS. The firm’s quarterly revenue was up 39.7% on a year-over-year basis. On average, research analysts forecast that Shift4 Payments will post 3.7 EPS for the current year.

Shift4 Payments Company Profile

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.