Shift4 Payments, Inc. (NYSE:FOUR) Receives Average Rating of “Moderate Buy” from Brokerages

Shift4 Payments, Inc. (NYSE:FOUR) has earned a consensus rating of “Moderate Buy” from the twenty-one ratings firms that are covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $83.33.

Several equities research analysts recently commented on the company. Mizuho lowered their price target on Shift4 Payments from $85.00 to $75.00 and set a “buy” rating for the company in a research note on Monday, May 13th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $94.00 target price on shares of Shift4 Payments in a research report on Wednesday, April 3rd. UBS Group upped their target price on Shift4 Payments from $75.00 to $100.00 and gave the stock a “buy” rating in a research report on Wednesday, February 28th. Evercore ISI decreased their target price on Shift4 Payments from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Wednesday, February 28th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $93.00 target price on shares of Shift4 Payments in a research report on Wednesday, February 28th.

Shift4 Payments Stock Performance

FOUR stock opened at $68.29 on Friday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 1.70 and a current ratio of 1.70. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 45.83, a PEG ratio of 0.86 and a beta of 1.59. Shift4 Payments has a 1 year low of $42.91 and a 1 year high of $92.30. The stock’s fifty day moving average is $64.92 and its two-hundred day moving average is $69.67.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). The business had revenue of $269.30 million for the quarter, compared to analyst estimates of $278.85 million. Shift4 Payments had a net margin of 3.38% and a return on equity of 25.21%. On average, research analysts predict that Shift4 Payments will post 3 EPS for the current year.

Insider Buying and Selling

In related news, CEO Jared Isaacman acquired 85,916 shares of Shift4 Payments stock in a transaction dated Tuesday, May 14th. The stock was purchased at an average cost of $67.09 per share, for a total transaction of $5,764,104.44. Following the purchase, the chief executive officer now directly owns 582,827 shares of the company’s stock, valued at approximately $39,101,863.43. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. In related news, insider David Taylor Lauber sold 15,000 shares of Shift4 Payments stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $80.15, for a total value of $1,202,250.00. Following the completion of the transaction, the insider now owns 243,880 shares in the company, valued at $19,546,982. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Jared Isaacman purchased 85,916 shares of the company’s stock in a transaction that occurred on Tuesday, May 14th. The stock was bought at an average price of $67.09 per share, with a total value of $5,764,104.44. Following the transaction, the chief executive officer now owns 582,827 shares of the company’s stock, valued at approximately $39,101,863.43. The disclosure for this purchase can be found here. 30.57% of the stock is owned by company insiders.

Hedge Funds Weigh In On Shift4 Payments

Large investors have recently bought and sold shares of the business. Voss Capital LLC purchased a new stake in shares of Shift4 Payments during the fourth quarter valued at $11,151,000. FCF Advisors LLC purchased a new stake in shares of Shift4 Payments during the fourth quarter valued at $1,136,000. Peregrine Capital Management LLC purchased a new stake in shares of Shift4 Payments during the fourth quarter valued at $6,040,000. Donoghue Forlines LLC purchased a new stake in shares of Shift4 Payments during the fourth quarter valued at $1,506,000. Finally, Regal Investment Advisors LLC purchased a new stake in shares of Shift4 Payments during the third quarter valued at $976,000. Institutional investors own 98.87% of the company’s stock.

About Shift4 Payments

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.