Shift4 Payments (FOUR) to Release Earnings on Thursday

Shift4 Payments (NYSE:FOUR) is scheduled to post its quarterly earnings results before the market opens on Thursday, August 8th. Analysts expect Shift4 Payments to post earnings of $0.91 per share for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, May 9th. The company reported $0.40 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.01). The firm had revenue of $263.70 million for the quarter, compared to the consensus estimate of $268.55 million. Shift4 Payments had a net margin of 3.38% and a return on equity of 25.21%. On average, analysts expect Shift4 Payments to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shift4 Payments Stock Performance

Shares of NYSE:FOUR opened at $62.52 on Wednesday. The company has a market cap of $5.47 billion, a price-to-earnings ratio of 41.96, a price-to-earnings-growth ratio of 0.82 and a beta of 1.63. The company has a 50-day moving average price of $69.87 and a 200-day moving average price of $70.18. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 1.96. Shift4 Payments has a 12 month low of $42.91 and a 12 month high of $92.30.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on FOUR. Wedbush began coverage on shares of Shift4 Payments in a research report on Friday, May 24th. They set a “neutral” rating and a $75.00 price target on the stock. Morgan Stanley reduced their price target on shares of Shift4 Payments from $70.00 to $66.00 and set an “equal weight” rating on the stock in a research report on Friday, May 10th. Benchmark reiterated a “buy” rating and set a $99.00 price target on shares of Shift4 Payments in a research report on Wednesday, July 17th. Wells Fargo & Company reduced their price target on shares of Shift4 Payments from $100.00 to $75.00 and set an “overweight” rating on the stock in a research report on Friday, May 10th. Finally, Redburn Atlantic upgraded shares of Shift4 Payments from a “sell” rating to a “neutral” rating and set a $53.00 price target on the stock in a research report on Friday, April 19th. Three equities research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat.com, Shift4 Payments has a consensus rating of “Moderate Buy” and an average target price of $84.47.

Insiders Place Their Bets

In other news, Director Sarah Goldsmith-Grover sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $72.06, for a total value of $72,060.00. Following the transaction, the director now owns 9,474 shares in the company, valued at $682,696.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Sarah Goldsmith-Grover sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $72.06, for a total value of $72,060.00. Following the transaction, the director now owns 9,474 shares in the company, valued at $682,696.44. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Nancy Disman sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $72.34, for a total transaction of $723,400.00. Following the completion of the transaction, the chief financial officer now owns 274,954 shares in the company, valued at approximately $19,890,172.36. The disclosure for this sale can be found here. Corporate insiders own 30.57% of the company’s stock.

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.