Shift4 Payments, Inc. (NYSE:FOUR) Stock Has Average Target Price of $56.68 According to Brokerages

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned a consensus rating of “Hold” from the twenty-three ratings firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $56.68.

Several equities analysts have recently commented on FOUR shares. B. Riley Financial reduced their target price on Shift4 Payments from $96.00 to $94.00 and set a “buy” rating for the company in a research note on Tuesday, October 6th. Truist Financial decreased their price objective on shares of Shift4 Payments from $50.00 to $49.00 and set a “hold” rating for the company in a report on Thursday, August 27th. Bank of America assumed coverage on shares of Shift4 Payments in a research note on Thursday, October 15th. They set a “neutral” rating and a $42.00 price objective on the stock. Weiss Ratings downgraded Shift4 Payments from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. Finally, BTIG Research dropped their price target on shares of Shift4 Payments from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, October 13th.

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $39.35 on Friday. Shift4 Payments has a 12 month low of $34.56 and a 12 month high of $77.50. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.21 and a quick ratio of 1.21. The firm has a market capitalization of $3.11 billion, a P/E ratio of 65.58, a P/E/G ratio of 0.65 and a beta of 1.39. The company’s fifty day moving average price is $41.77 and its two-hundred day moving average price is $44.09.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.06. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $615.65 million. During the same period in the prior year, the company posted $1.10 EPS. The firm’s revenue for the quarter was up 50.9% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. On average, research analysts anticipate that Shift4 Payments will post 4.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in FOUR. Spyglass Capital Management LLC boosted its position in shares of Shift4 Payments by 4.7% in the 2nd quarter. Spyglass Capital Management LLC now owns 1,833,803 shares of the company’s stock valued at $89,196,000 after purchasing an additional 82,663 shares during the period. Rice Hall James & Associates LLC increased its holdings in shares of Shift4 Payments by 27.7% during the 1st quarter. Rice Hall James & Associates LLC now owns 847,726 shares of the company’s stock valued at $37,071,000 after acquiring an additional 183,938 shares during the last quarter. Schwartz Investment Counsel Inc. lifted its position in Shift4 Payments by 55.5% during the 1st quarter. Schwartz Investment Counsel Inc. now owns 445,691 shares of the company’s stock worth $19,490,000 after acquiring an additional 159,000 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of Shift4 Payments by 5.0% in the first quarter. Principal Financial Group Inc. now owns 151,954 shares of the company’s stock worth $6,645,000 after acquiring an additional 7,214 shares during the last quarter. Finally, Hunter Associates Investment Management LLC grew its position in Shift4 Payments by 15.2% during the first quarter. Hunter Associates Investment Management LLC now owns 130,889 shares of the company’s stock worth $5,726,000 after buying an additional 17,245 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

About Shift4 Payments

Shift4 Payments, Inc (NYSE: FOUR) is a payment technology company that provides integrated commerce solutions for businesses and organizations. Its platform supports payment acceptance across in-person, online and mobile channels, combining payment processing with point-of-sale, commerce management and reporting tools.

The company serves merchants and enterprises in industries including restaurants, hospitality, hotels, sports and entertainment venues, gaming, retail and e-commerce. Its offerings include payment gateways, point-of-sale systems, mobile and contactless payment capabilities, fraud prevention, chargeback management and business analytics.