Shift4 Payments (NYSE:FOUR) Trading 6.7% Higher – What’s Next?

Shares of Shift4 Payments, Inc. (NYSE:FOUR) traded up 6.7% during mid-day trading on Wednesday . The company traded as high as $44.10 and last traded at $43.8190. Approximately 422,301 shares traded hands during trading, a decline of 79% from the average session volume of 1,974,296 shares. The stock had previously closed at $41.08.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Royal Bank Of Canada increased their price target on Shift4 Payments from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Monday. UBS Group lowered their target price on Shift4 Payments from $60.00 to $52.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. Evercore set a $45.00 price target on shares of Shift4 Payments in a research report on Monday, May 18th. Zacks Research upgraded shares of Shift4 Payments from a “strong sell” rating to a “hold” rating in a research note on Monday, June 1st. Finally, DA Davidson lowered their price objective on shares of Shift4 Payments from $74.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Eleven equities research 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 MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $60.24.

Shift4 Payments Trading Down 0.2%

The firm has a market capitalization of $3.49 billion, a PE ratio of 73.58, a PEG ratio of 0.57 and a beta of 1.38. The firm’s fifty day moving average is $48.30 and its two-hundred day moving average is $46.14. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.21 and a quick ratio of 1.21.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.26 by $0.06. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. During the same quarter last year, the business posted $1.10 EPS. The company’s revenue for the quarter was up 50.9% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. On average, equities analysts predict that Shift4 Payments, Inc. will post 4.33 EPS for the current fiscal year.

Institutional Trading of Shift4 Payments

A number of hedge funds have recently bought and sold shares of FOUR. Versant Capital Management Inc purchased a new stake in Shift4 Payments during the second quarter worth about $34,000. Advisors Asset Management Inc. raised its stake in Shift4 Payments by 100.0% in 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 during the period. Empowered Funds LLC purchased a new stake in Shift4 Payments during the fourth quarter valued at about $43,000. Vestcor Inc bought a new position in Shift4 Payments during the third quarter worth about $45,000. Finally, Summer Road LLC purchased a new position in shares of Shift4 Payments in the fourth quarter worth about $47,000. 98.87% of the stock is currently owned by 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.