B. Riley Financial Cuts Shift4 Payments (NYSE:FOUR) Price Target to $94.00

Shift4 Payments (NYSE:FOUR – Get Free Report) had its price objective reduced by research analysts at B. Riley Financial from $96.00 to $94.00 in a research report issued on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the stock. B. Riley Financial’s price objective suggests a potential upside of 145.69% from the stock’s previous close.

FOUR has been the subject of several other research reports. Mizuho reduced their price target on shares of Shift4 Payments from $55.00 to $46.00 and set an “outperform” rating for the company in a research report on Thursday, September 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $67.00 target price on shares of Shift4 Payments in a research note on Friday, September 11th. Zacks Research downgraded shares of Shift4 Payments from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 8th. Weiss Ratings lowered shares of Shift4 Payments from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 11th. Finally, BTIG Research lowered their price target on shares of Shift4 Payments from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Eleven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Shift4 Payments has a consensus rating of “Hold” and an average price target of $57.90.

Read Our Latest Stock Report on Shift4 Payments

Shift4 Payments Stock Performance

Shift4 Payments stock traded up $0.71 during mid-day trading on Tuesday, reaching $38.26. 541,856 shares of the company’s stock were exchanged, compared to its average volume of 1,998,508. The business’s fifty day simple moving average is $44.20 and its 200 day simple moving average is $44.55. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.59. Shift4 Payments has a one year low of $34.56 and a one year high of $80.98. The firm has a market capitalization of $3.02 billion, a PE ratio of 64.14, a P/E/G ratio of 0.50 and a beta of 1.39.

Shift4 Payments (NYSE:FOUR – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.26 by $0.06. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%.The business’s revenue was up 50.9% compared to the same quarter last year. During the same period last year, the firm posted $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. On average, sell-side analysts expect that Shift4 Payments will post 4.32 earnings per share for the current year.

Hedge Funds Weigh In On Shift4 Payments

Large investors have recently modified their holdings of the company. Versant Capital Management Inc purchased a new stake in Shift4 Payments in the 2nd quarter worth approximately $34,000. Root Financial Partners LLC grew its position in shares of Shift4 Payments by 174,900.0% during the 1st quarter. Root Financial Partners LLC now owns 1,750 shares of the company’s stock valued at $77,000 after purchasing an additional 1,749 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of Shift4 Payments in the first quarter worth $87,000. Nykredit A S bought a new position in shares of Shift4 Payments in the second quarter worth $132,000. Finally, Syon Capital LLC purchased a new stake in shares of Shift4 Payments in the second quarter worth $201,000. 98.87% of the stock is currently owned by institutional investors.

About Shift4 Payments

(Get Free Report)

Shift4 Payments, Inc provides integrated payment processing and commerce technology for businesses worldwide. The company enables merchants to accept payments through in-person, online and mobile channels, offering services that can include payment gateways, acquiring, transaction processing, fraud prevention and reporting.

Shift4’s platform is designed to combine payments with business-management tools and point-of-sale systems. Its solutions support industries such as restaurants, hospitality, retail, sports and entertainment, gaming, e-commerce and other organizations that require unified payment and commerce capabilities.

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Analyst Recommendations for Shift4 Payments (NYSE:FOUR)

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