Shift4 Payments, Inc. (NYSE:FOUR) Stock Has Consensus Price Target of $56.68

Shift4 Payments, Inc. (NYSE:FOUR – Get Free Report) has received a consensus rating of “Hold” from the twenty-three brokerages that are covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $56.68.

Several brokerages recently issued reports on FOUR. Bank of America started coverage on Shift4 Payments in a research report on Thursday, October 15th. They issued a “neutral” rating and a $42.00 price target on the stock. Zacks Research cut Shift4 Payments from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 8th. Truist Financial lowered their target price on Shift4 Payments from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Thursday, August 27th. Loop Capital assumed coverage on Shift4 Payments in a report on Wednesday, June 24th. They issued a “hold” rating and a $40.00 target price on the stock. Finally, Mizuho cut their price target on Shift4 Payments from $55.00 to $46.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th.

View Our Latest Stock Analysis on FOUR

Shift4 Payments Trading Up 1.0%

NYSE FOUR opened at $39.82 on Friday. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a market cap of $3.14 billion, a PE ratio of 66.37, a P/E/G ratio of 0.63 and a beta of 1.39. Shift4 Payments has a one year low of $34.56 and a one year high of $77.50. The firm’s fifty day moving average is $41.88 and its two-hundred day moving average is $44.13.

Shift4 Payments (NYSE:FOUR – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $615.65 million. During the same period in the prior year, the company earned $1.10 earnings per share. The business’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. Analysts expect that Shift4 Payments will post 4.16 earnings per share for the current year.

Institutional Trading of Shift4 Payments

Hedge funds have recently made changes to their positions in the company. Rice Hall James & Associates LLC increased its holdings in Shift4 Payments by 27.7% in the first quarter. Rice Hall James & Associates LLC now owns 847,726 shares of the company’s stock valued at $37,071,000 after buying an additional 183,938 shares in the last quarter. Schwartz Investment Counsel Inc. boosted its stake in shares of Shift4 Payments by 55.5% during the 1st quarter. Schwartz Investment Counsel Inc. now owns 445,691 shares of the company’s stock worth $19,490,000 after acquiring an additional 159,000 shares in the last quarter. Spyglass Capital Management LLC grew its holdings in shares of Shift4 Payments by 4.7% in the 2nd quarter. Spyglass Capital Management LLC now owns 1,833,803 shares of the company’s stock worth $89,196,000 after acquiring an additional 82,663 shares during the period. Mariner Investment Group LLC grew its holdings in shares of Shift4 Payments by 177.8% in the 4th quarter. Mariner Investment Group LLC now owns 125,000 shares of the company’s stock worth $7,871,000 after acquiring an additional 80,000 shares during the period. Finally, Readystate Asset Management LP grew its holdings in shares of Shift4 Payments by 530.2% in the 2nd quarter. Readystate Asset Management LP now owns 86,082 shares of the company’s stock worth $4,187,000 after acquiring an additional 72,422 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

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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