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

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned an average recommendation of “Moderate Buy” from the twenty research firms that are currently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $115.05.

FOUR has been the subject of several research reports. Piper Sandler reissued an “overweight” rating and set a $143.00 price objective (up previously from $120.00) on shares of Shift4 Payments in a report on Wednesday, February 19th. Oppenheimer dropped their price objective on shares of Shift4 Payments from $142.00 to $135.00 and set an “outperform” rating for the company in a report on Thursday, February 20th. Benchmark downgraded shares of Shift4 Payments from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Wells Fargo & Company upped their target price on shares of Shift4 Payments from $120.00 to $135.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Finally, B. Riley upped their target price on shares of Shift4 Payments from $110.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 26th.

Insider Transactions at Shift4 Payments

In other news, insider Jordan Frankel sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $99.01, for a total transaction of $495,050.00. Following the transaction, the insider now directly owns 222,112 shares of the company’s stock, valued at approximately $21,991,309.12. This trade represents a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider James J. Whalen sold 1,462 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $101.07, for a total transaction of $147,764.34. Following the transaction, the insider now directly owns 37,089 shares in the company, valued at approximately $3,748,585.23. This trade represents a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,462 shares of company stock valued at $1,211,364. 30.57% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Shift4 Payments

Hedge funds and other institutional investors have recently modified their holdings of the business. Heck Capital Advisors LLC bought a new position in shares of Shift4 Payments during the fourth quarter valued at approximately $26,000. Rakuten Securities Inc. boosted its stake in shares of Shift4 Payments by 153.9% during the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock valued at $27,000 after purchasing an additional 157 shares in the last quarter. Central Pacific Bank Trust Division bought a new position in shares of Shift4 Payments during the fourth quarter valued at approximately $28,000. UMB Bank n.a. bought a new position in shares of Shift4 Payments during the fourth quarter valued at approximately $29,000. Finally, Elequin Capital LP boosted its stake in shares of Shift4 Payments by 62.3% during the fourth quarter. Elequin Capital LP now owns 297 shares of the company’s stock valued at $31,000 after purchasing an additional 114 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Trading Up 1.5 %

Shares of Shift4 Payments stock opened at $98.97 on Monday. The company has a market capitalization of $8.92 billion, a P/E ratio of 32.24, a P/E/G ratio of 1.04 and a beta of 1.72. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. The company has a fifty day moving average of $110.23 and a 200 day moving average of $98.67. Shift4 Payments has a fifty-two week low of $55.87 and a fifty-two week high of $127.50.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.00%. The business had revenue of $405.00 million during the quarter, compared to the consensus estimate of $1 billion. On average, sell-side analysts anticipate that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

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.