Shift4 Payments (NYSE:FOUR – Get Free Report) had its target price hoisted by stock analysts at Truist Financial from $46.00 to $50.00 in a report issued on Friday,Benzinga reports. The firm currently has a “hold” rating on the stock. Truist Financial’s target price indicates a potential upside of 7.72% from the stock’s previous close.
A number of other equities research analysts also recently issued reports on the company. BTIG Research reiterated a “buy” rating and issued a $70.00 price objective on shares of Shift4 Payments in a research report on Thursday, May 7th. Capital One Financial set a $50.00 target price on Shift4 Payments in a research report on Tuesday, April 21st. Keefe, Bruyette & Woods raised their price target on Shift4 Payments from $50.00 to $52.00 and gave the company a “market perform” rating in a report on Friday, May 8th. Royal Bank Of Canada dropped their price target on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. Finally, Stephens lowered Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective for the company. in a report on Friday, April 17th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $68.43.
View Our Latest Stock Analysis on Shift4 Payments
Shift4 Payments Price Performance
Shift4 Payments (NYSE:FOUR – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The firm had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. During the same quarter in the prior year, the company earned $1.07 earnings per share. The business’s revenue for the quarter was up 49.0% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts forecast that Shift4 Payments will post 4.77 EPS for the current fiscal year.
Insider Activity at Shift4 Payments
In other news, major shareholder Jared Isaacman acquired 195,500 shares of Shift4 Payments stock in a transaction dated Monday, May 11th. The shares were purchased at an average cost of $41.41 per share, for a total transaction of $8,095,655.00. Following the transaction, the insider owned 1,594,455 shares of the company’s stock, valued at $66,026,381.55. This trade represents a 13.97% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 1.54% of the company’s stock.
Institutional Trading of Shift4 Payments
Hedge funds and other institutional investors have recently bought and sold shares of the company. KTF Investments LLC bought a new stake in shares of Shift4 Payments in the 4th quarter worth approximately $4,248,000. Norges Bank purchased a new stake in Shift4 Payments in the fourth quarter worth $51,635,000. M&T Bank Corp boosted its holdings in Shift4 Payments by 2,674.9% in the fourth quarter. M&T Bank Corp now owns 136,608 shares of the company’s stock valued at $8,602,000 after acquiring an additional 131,685 shares in the last quarter. University of Illinois Foundation boosted its holdings in Shift4 Payments by 57.8% in the fourth quarter. University of Illinois Foundation now owns 182,848 shares of the company’s stock valued at $11,514,000 after acquiring an additional 67,000 shares in the last quarter. Finally, BW Gestao de Investimentos Ltda. increased its position in Shift4 Payments by 9.0% during the 4th quarter. BW Gestao de Investimentos Ltda. now owns 689,788 shares of the company’s stock valued at $43,436,000 after purchasing an additional 56,950 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.
Shift4 Payments Company Profile
Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.
The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.
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