Shift4 Payments (NYSE:FOUR) Hits New 1-Year Low – Time to Sell?

Shift4 Payments, Inc. (NYSE:FOUR)’s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $37.50 and last traded at $37.4860, with a volume of 900481 shares. The stock had previously closed at $39.29.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on FOUR shares. BMO Capital Markets started coverage on shares of Shift4 Payments in a report on Tuesday, April 21st. They set a “market perform” rating and a $50.00 target price on the stock. The Goldman Sachs Group dropped their target price on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a report on Monday, March 2nd. BTIG Research reiterated a “buy” rating and set a $70.00 target price on shares of Shift4 Payments in a report on Thursday, May 7th. Truist Financial dropped their target price on shares of Shift4 Payments from $50.00 to $46.00 and set a “hold” rating on the stock in a report on Wednesday, May 27th. Finally, Zacks Research raised shares of Shift4 Payments from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Ten analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $70.19.

Shift4 Payments Trading Down 3.1%

The firm has a market capitalization of $3.02 billion, a PE ratio of 45.33, a price-to-earnings-growth ratio of 0.41 and a beta of 1.43. The company’s 50-day simple moving average is $43.91 and its 200 day simple moving average is $54.45. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The business’s quarterly revenue was up 49.0% compared to the same quarter last year. During the same period in the previous year, the company posted $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, sell-side analysts expect that Shift4 Payments, Inc. will post 4.75 EPS for the current year.

Insider Activity at Shift4 Payments

In other news, major shareholder Jared Isaacman purchased 193,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of $40.66 per share, with a total value of $7,847,380.00. Following the completion of the transaction, the insider owned 1,787,455 shares in the company, valued at $72,677,920.30. This represents a 12.10% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have bought 432,327 shares of company stock worth $17,948,120 over the last ninety days. Corporate insiders own 25.15% of the company’s stock.

Hedge Funds Weigh In On Shift4 Payments

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Glenmede Trust Co. NA raised its position in shares of Shift4 Payments by 6.0% in the 1st quarter. Glenmede Trust Co. NA now owns 4,786 shares of the company’s stock valued at $209,000 after purchasing an additional 270 shares during the last quarter. Spyglass Capital Management LLC raised its position in shares of Shift4 Payments by 3.1% in the 1st quarter. Spyglass Capital Management LLC now owns 1,751,140 shares of the company’s stock valued at $76,577,000 after purchasing an additional 53,220 shares during the last quarter. California State Teachers Retirement System raised its position in shares of Shift4 Payments by 23.4% in the 1st quarter. California State Teachers Retirement System now owns 70,191 shares of the company’s stock valued at $3,069,000 after purchasing an additional 13,316 shares during the last quarter. Readystate Asset Management LP purchased a new position in shares of Shift4 Payments in the 1st quarter valued at approximately $597,000. Finally, Rice Hall James & Associates LLC raised its position in shares of Shift4 Payments by 27.7% in the 1st quarter. Rice Hall James & Associates LLC now owns 847,726 shares of the company’s stock valued at $37,071,000 after purchasing an additional 183,938 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Shift4 Payments Company Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company’s platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company’s core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.