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

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned an average recommendation of “Moderate Buy” from the eighteen analysts that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $84.22.

A number of research firms recently commented on FOUR. Morgan Stanley decreased their price objective on Shift4 Payments from $70.00 to $66.00 and set an “equal weight” rating on the stock in a research note on Friday, May 10th. Benchmark reissued a “buy” rating and issued a $99.00 price target on shares of Shift4 Payments in a research note on Wednesday. DA Davidson reissued a “buy” rating and issued a $96.00 price target on shares of Shift4 Payments in a research note on Wednesday, May 15th. The Goldman Sachs Group raised their price target on Shift4 Payments from $80.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, July 11th. Finally, Mizuho decreased their price target on Shift4 Payments from $85.00 to $75.00 and set a “buy” rating on the stock in a research note on Monday, May 13th.

Shift4 Payments Stock Down 0.6 %

FOUR opened at $66.33 on Friday. The company has a quick ratio of 1.70, a current ratio of 1.70 and a debt-to-equity ratio of 1.96. The firm has a market cap of $5.81 billion, a P/E ratio of 44.52, a PEG ratio of 0.84 and a beta of 1.63. Shift4 Payments has a 52 week low of $42.91 and a 52 week high of $92.30. The business’s fifty day simple moving average is $70.06 and its 200 day simple moving average is $70.73.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). The company had revenue of $263.70 million for the quarter, compared to analyst estimates of $268.55 million. Shift4 Payments had a net margin of 3.38% and a return on equity of 25.21%. As a group, equities research analysts anticipate that Shift4 Payments will post 3.04 EPS for the current fiscal year.

Insider Activity at Shift4 Payments

In related news, CEO Jared Isaacman bought 85,916 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The shares were acquired at an average cost of $67.09 per share, for a total transaction of $5,764,104.44. Following the acquisition, the chief executive officer now owns 582,827 shares in the company, valued at approximately $39,101,863.43. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Jared Isaacman bought 85,916 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The shares were acquired at an average cost of $67.09 per share, for a total transaction of $5,764,104.44. Following the acquisition, the chief executive officer now owns 582,827 shares in the company, valued at approximately $39,101,863.43. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Nancy Disman sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $72.34, for a total value of $723,400.00. Following the sale, the chief financial officer now owns 274,954 shares in the company, valued at $19,890,172.36. The disclosure for this sale can be found here. Company insiders own 30.57% 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 the business. HMS Capital Management LLC increased its holdings in Shift4 Payments by 5.4% during the 1st quarter. HMS Capital Management LLC now owns 3,410 shares of the company’s stock worth $225,000 after purchasing an additional 175 shares during the last quarter. Lewis Asset Management LLC increased its holdings in Shift4 Payments by 3.2% during the 1st quarter. Lewis Asset Management LLC now owns 5,585 shares of the company’s stock worth $369,000 after purchasing an additional 175 shares during the last quarter. J.Safra Asset Management Corp increased its holdings in Shift4 Payments by 25.7% during the 2nd quarter. J.Safra Asset Management Corp now owns 988 shares of the company’s stock worth $72,000 after purchasing an additional 202 shares during the last quarter. CWM LLC increased its holdings in Shift4 Payments by 27.1% during the 2nd quarter. CWM LLC now owns 1,131 shares of the company’s stock worth $83,000 after purchasing an additional 241 shares during the last quarter. Finally, Truist Financial Corp increased its holdings in Shift4 Payments by 2.1% during the 4th quarter. Truist Financial Corp now owns 22,836 shares of the company’s stock worth $1,698,000 after purchasing an additional 466 shares during the last quarter. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

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.