Analysts Set Shift4 Payments, Inc. (NYSE:FOUR) Price Target at $60.05

Shift4 Payments, Inc. (NYSE:FOUR) has received an average rating of “Hold” from the twenty-three ratings firms that are presently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $60.2381.

FOUR has been the topic of several analyst reports. Mizuho set a $55.00 target price on shares of Shift4 Payments in a research report on Monday, August 10th. Evercore set a $45.00 price objective on shares of Shift4 Payments in a research note on Monday, May 18th. Royal Bank Of Canada lifted their price objective on shares of Shift4 Payments from $63.00 to $67.00 and gave the stock an “outperform” rating in a research report on Monday. Raymond James Financial set a $51.00 target price on shares of Shift4 Payments in a research note on Friday, August 7th. Finally, Loop Capital initiated coverage on Shift4 Payments in a report on Wednesday, June 24th. They issued a “hold” rating and a $40.00 target price for the company.

Shift4 Payments Price Performance

Shares of NYSE:FOUR opened at $40.92 on Friday. The company has a market capitalization of $3.23 billion, a PE ratio of 68.20, a price-to-earnings-growth ratio of 0.55 and a beta of 1.38. 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 stock has a fifty day moving average of $48.29 and a 200-day moving average of $46.29. Shift4 Payments has a one year low of $34.56 and a one year high of $89.56.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Thursday, August 6th. The company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. The business had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $615.65 million. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%.The company’s quarterly revenue was up 50.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. As a group, equities analysts anticipate that Shift4 Payments will post 4.33 EPS for the current fiscal year.

Institutional Investors Weigh In On Shift4 Payments

Several hedge funds have recently bought and sold shares of FOUR. Advisors Asset Management Inc. grew its stake in Shift4 Payments by 100.0% during the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after acquiring an additional 217 shares in the last quarter. Vestcor Inc purchased a new stake in shares of Shift4 Payments in the third quarter worth approximately $45,000. Johnson Financial Group Inc. lifted its position in shares of Shift4 Payments by 282.2% in the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after purchasing an additional 477 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Shift4 Payments during the fourth quarter worth approximately $43,000. Finally, Versant Capital Management Inc acquired a new stake in shares of Shift4 Payments during the second quarter worth approximately $34,000. 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.