Shift4 Payments (NYSE:FOUR) Stock Price Expected to Rise, Truist Financial Analyst Says

Shift4 Payments (NYSE:FOUR) had its price objective hoisted by equities researchers at Truist Financial from $42.00 to $43.00 in a research note issued on Thursday, Benzinga reports. The firm presently has a “hold” rating on the stock. Truist Financial‘s target price points to a potential downside of 1.52% from the company’s current price.

Other equities analysts have also recently issued reports about the stock. UBS Group dropped their price target on shares of Shift4 Payments from $60.00 to $52.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Shift4 Payments in a research report on Wednesday, November 4th. Wells Fargo & Company decreased their price objective on shares of Shift4 Payments from $59.00 to $46.00 and set an “overweight” rating for the company in a research note on Friday, November 6th. BMO Capital Markets set a $46.00 target price on Shift4 Payments in a research report on Friday, August 7th. Finally, Raymond James Financial cut their target price on Shift4 Payments from $51.00 to $50.00 and set an “outperform” rating on the stock in a research note on Tuesday, October 13th. Eleven equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Shift4 Payments presently has an average rating of “Hold” and an average price target of $54.36.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $43.66 on Thursday. The firm has a market capitalization of $3.45 billion, a PE ratio of 54.58, a PEG ratio of 0.72 and a beta of 1.50. The stock’s fifty day moving average is $40.41 and its 200 day moving average is $45.65. Shift4 Payments has a fifty-two week low of $34.56 and a fifty-two week high of $75.35. The company has a debt-to-equity ratio of 3.07, a quick ratio of 1.23 and a current ratio of 1.23.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, November 5th. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.36 by $0.13. Shift4 Payments had a net margin of 2.34% and a return on equity of 25.42%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $652.39 million. During the same period in the previous year, the firm earned $1.47 earnings per share. Shift4 Payments’s quarterly revenue was up 10.0% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.050-5.150 EPS. On average, sell-side analysts anticipate that Shift4 Payments will post 4.11 earnings per share for the current year.

Institutional Investors Weigh In On Shift4 Payments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FOUR. Readystate Asset Management LP boosted its holdings in shares of 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 purchasing an additional 72,422 shares during the period. Spyglass Capital Management LLC grew its stake in Shift4 Payments by 4.7% in the second quarter. Spyglass Capital Management LLC now owns 1,833,803 shares of the company’s stock worth $89,196,000 after purchasing an additional 82,663 shares in the last quarter. Fifth Third Bancorp grew its stake in Shift4 Payments by 19,626.6% in the first quarter. Fifth Third Bancorp now owns 30,379 shares of the company’s stock worth $1,328,000 after purchasing an additional 30,225 shares in the last quarter. AlphaGrep UK Ltd purchased a new position in Shift4 Payments during the 2nd quarter worth $548,000. Finally, Annex Advisory Services LLC purchased a new position in Shift4 Payments during the 3rd quarter worth $1,500,000. Institutional investors own 98.87% of the company’s stock.

Shift4 Payments Company Profile

Shift4 Payments, Inc. provides payment processing and commerce technology for businesses. Its platform supports transactions made in person, online and through mobile channels, combining payment acceptance and processing with tools for managing sales and operations. The company serves merchants in industries including restaurants, hotels, retail, entertainment and sports venues. Its offerings include point-of-sale systems, payment gateways and related software, such as its SkyTab restaurant technology platform.