Shift4 Payments (NYSE:FOUR) Reaches New 52-Week Low – Time to Sell?

Shift4 Payments, Inc. (NYSE:FOUR) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $37.50 and last traded at $37.4860, with a volume of 900481 shares changing hands. The stock had previously closed at $39.29.

Analysts Set New Price Targets

FOUR has been the topic of several analyst reports. Wolfe Research downgraded shares of Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Royal Bank Of Canada lowered their price target on shares of Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Weiss Ratings downgraded shares of Shift4 Payments from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 16th. The Goldman Sachs Group cut their target price on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a research note on Monday, March 2nd. Finally, Truist Financial decreased their price target on shares of Shift4 Payments from $50.00 to $46.00 and set a “hold” rating on the stock in a research note on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Shift4 Payments currently has a consensus rating of “Hold” and an average price target of $70.19.

Shift4 Payments Trading Down 3.9%

The company has a market cap of $3.00 billion, a PE ratio of 44.98, a P/E/G ratio of 0.44 and a beta of 1.43. The stock’s 50 day moving average is $44.12 and its 200-day moving average is $54.57. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55.

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

Insiders Place Their Bets

In other news, major shareholder Jared Isaacman acquired 195,500 shares of the business’s stock in a transaction on Monday, May 11th. The shares were acquired at an average price of $41.41 per share, for a total transaction of $8,095,655.00. Following the completion of the transaction, the insider directly owned 1,594,455 shares of the company’s stock, valued at approximately $66,026,381.55. The trade was a 13.97% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have acquired a total of 432,327 shares of company stock worth $17,948,120 in the last quarter. Insiders own 25.15% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Wasatch Advisors LP increased its position in Shift4 Payments by 10.1% during the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock valued at $426,869,000 after acquiring an additional 621,797 shares during the last quarter. Durable Capital Partners LP grew its holdings in shares of Shift4 Payments by 12.6% in the second quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after purchasing an additional 745,650 shares during the last quarter. Darlington Partners Capital Management LP grew its holdings in shares of Shift4 Payments by 2.1% in the third quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock worth $392,552,000 after purchasing an additional 105,320 shares during the last quarter. Ensign Peak Advisors Inc grew its holdings in Shift4 Payments by 7.7% during the 4th quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock worth $166,482,000 after acquiring an additional 188,594 shares in the last quarter. Finally, Spyglass Capital Management LLC grew its holdings in Shift4 Payments by 3.1% during the 1st quarter. Spyglass Capital Management LLC now owns 1,751,140 shares of the company’s stock worth $76,577,000 after acquiring an additional 53,220 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

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.