Shift4 Payments (NYSE:FOUR – Get Free Report) had its price target raised by stock analysts at Truist Financial from $42.00 to $43.00 in a report released on Thursday, Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial‘s price target would indicate a potential downside of 1.52% from the company’s previous close.
A number of other equities analysts also recently issued reports on FOUR. UBS Group dropped their price objective on shares of Shift4 Payments from $60.00 to $52.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. DA Davidson dropped their target price on Shift4 Payments from $74.00 to $68.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. Mizuho increased their target price on Shift4 Payments from $46.00 to $56.00 and gave the company an “outperform” rating in a research report on Tuesday. Raymond James Financial cut their price target on Shift4 Payments from $51.00 to $50.00 and set an “outperform” rating on the stock in a report on Tuesday, October 13th. Finally, B. Riley Financial reissued a “buy” rating and issued a $77.00 price target (down from $94.00) on shares of Shift4 Payments in a research report on Friday, November 6th. Eleven equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Shift4 Payments currently has an average rating of “Hold” and a consensus price target of $54.36.
Read Our Latest Report on Shift4 Payments
Shift4 Payments Stock Down 0.2%
NYSE:FOUR opened at $43.66 on Thursday. Shift4 Payments has a 1-year low of $34.56 and a 1-year high of $75.35. The company has a 50-day moving average of $40.41 and a 200 day moving average of $45.65. The firm has a market cap of $3.45 billion, a PE ratio of 54.58, a price-to-earnings-growth ratio of 0.72 and a beta of 1.50. The company has a debt-to-equity ratio of 3.07, a current ratio of 1.23 and a quick ratio of 1.23.
Shift4 Payments (NYSE:FOUR – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.36 by $0.13. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $652.39 million. Shift4 Payments had a net margin of 2.34% and a return on equity of 25.42%. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.47 EPS. Shift4 Payments has set its FY 2026 guidance at 5.050-5.150 EPS. As a group, research analysts anticipate that Shift4 Payments will post 4.11 EPS for the current fiscal year.
Institutional Investors Weigh In On Shift4 Payments
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. acquired a new position in shares of Shift4 Payments in the 3rd quarter valued at $265,000. Private Management Group Inc. lifted its position in shares of Shift4 Payments by 24.3% during the 3rd quarter. Private Management Group Inc. now owns 913,959 shares of the company’s stock valued at $33,058,000 after buying an additional 178,734 shares in the last quarter. Fulcrum Asset Management LLP lifted its position in shares of Shift4 Payments by 20,563.8% during the 3rd quarter. Fulcrum Asset Management LLP now owns 11,985 shares of the company’s stock valued at $444,000 after buying an additional 11,927 shares in the last quarter. CenterBook Partners LP purchased a new position in shares of Shift4 Payments during the 3rd quarter valued at approximately $411,000. Finally, Bfsg LLC grew its stake in Shift4 Payments by 20.1% in the 3rd quarter. Bfsg LLC now owns 6,810 shares of the company’s stock valued at $246,000 after acquiring an additional 1,140 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.
Shift4 Payments Company Profile
Shift4 Payments, Inc. provides payment processing and commerce technology for businesses. Its platform supports transactions made in person, online and through mobile channels, combining payment acceptance and processing with tools for managing sales and operations. The company serves merchants in industries including restaurants, hotels, retail, entertainment and sports venues. Its offerings include point-of-sale systems, payment gateways and related software, such as its SkyTab restaurant technology platform.
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