Shift4 Payments, Inc. (NYSE:FOUR – Get Free Report) has been assigned an average rating of “Hold” from the twenty-three brokerages that are covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $59.81.
A number of research analysts have commented on the company. Raymond James Financial set a $51.00 price objective on Shift4 Payments in a research report on Friday, August 7th. Loop Capital started coverage on Shift4 Payments in a research report on Wednesday, June 24th. They set a “hold” rating and a $40.00 target price for the company. DA Davidson dropped their target price on Shift4 Payments from $74.00 to $68.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $67.00 price target on shares of Shift4 Payments in a research note on Friday, September 11th. Finally, Weiss Ratings cut Shift4 Payments from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, August 11th.
Read Our Latest Report on Shift4 Payments
Shift4 Payments Price Performance
Shift4 Payments (NYSE:FOUR – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.26 by $0.06. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $615.65 million. During the same period in the prior year, the firm earned $1.10 earnings per share. Shift4 Payments’s revenue was up 50.9% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Sell-side analysts forecast that Shift4 Payments will post 4.32 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the business. Engineers Gate Manager LP acquired a new stake in shares of Shift4 Payments during the 2nd quarter worth approximately $215,000. Nykredit A S acquired a new position in Shift4 Payments in the second quarter valued at approximately $132,000. Readystate Asset Management LP boosted its stake in Shift4 Payments by 530.2% in the second quarter. Readystate Asset Management LP now owns 86,082 shares of the company’s stock valued at $4,187,000 after acquiring an additional 72,422 shares during the last quarter. AlphaGrep UK Ltd bought a new position in Shift4 Payments in the second quarter valued at approximately $548,000. Finally, Strive Financial Group LLC boosted its stake in Shift4 Payments by 25.1% in the second quarter. Strive Financial Group LLC now owns 4,944 shares of the company’s stock valued at $240,000 after acquiring an additional 993 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.
Shift4 Payments Company Profile
Shift4 Payments, Inc (NYSE: FOUR) provides integrated payment processing and commerce technology for businesses. Its platform combines payment acceptance, payment gateway services, acquiring, fraud prevention, reporting and other merchant services, allowing businesses to manage transactions across in-person, online and mobile channels.
The company serves a range of industries, including restaurants, hotels, resorts, sports and entertainment venues, gaming, retail and e-commerce. Its offerings include point-of-sale and payment solutions such as SkyTab for restaurants, as well as tools designed to support venue operations, online ordering, hotel payments and other specialized commerce needs.
Shift4 has expanded its operations internationally through organic growth and acquisitions, including the purchase of Finaro, a global payment processing company.
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