BTIG Research Cuts Shift4 Payments (NYSE:FOUR) Price Target to $60.00

Shift4 Payments (NYSE:FOUR) had its target price reduced by BTIG Research from $70.00 to $60.00 in a report released on Thursday, Marketbeat.com reports. They currently have a buy rating on the stock.

Several other equities analysts also recently weighed in on the stock. BMO Capital Markets initiated 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 for the company. Loop Capital assumed coverage on shares of Shift4 Payments in a report on Wednesday, June 24th. They issued a “hold” rating and a $40.00 price target on the stock. Keefe, Bruyette & Woods increased their price target on shares of Shift4 Payments from $50.00 to $52.00 and gave the company a “market perform” rating in a research report on Friday, May 8th. Evercore set a $45.00 price objective on shares of Shift4 Payments in a research note on Monday, May 18th. Finally, Truist Financial lifted their price objective on Shift4 Payments from $46.00 to $50.00 and gave the stock a “hold” rating in a research report on Friday, July 24th. Nine equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $60.15.

Shift4 Payments Stock Down 5.1%

Shift4 Payments stock opened at $41.13 on Thursday. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.22 and a current ratio of 1.21. The firm has a market capitalization of $3.26 billion, a price-to-earnings ratio of 68.55, a price-to-earnings-growth ratio of 0.45 and a beta of 1.40. Shift4 Payments has a fifty-two week low of $34.56 and a fifty-two week high of $92.79. The stock’s fifty day moving average is $46.40 and its two-hundred day moving average is $48.22.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.06. The business had revenue of $1.29 billion during 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 business’s revenue for the quarter was up 50.9% on a year-over-year basis. During the same quarter last year, the business posted $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Analysts predict that Shift4 Payments will post 4.68 EPS for the current fiscal year.

Insider Transactions at Shift4 Payments

In other news, major shareholder Jared Isaacman bought 195,500 shares of Shift4 Payments stock in a transaction on Monday, May 11th. The shares were bought at an average cost of $41.41 per share, for a total transaction of $8,095,655.00. Following the acquisition, the insider owned 1,594,455 shares in the company, valued at approximately $66,026,381.55. This trade represents a 13.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 1.54% of the company’s stock.

Hedge Funds Weigh In On Shift4 Payments

A number of institutional investors have recently modified their holdings of the company. Versant Capital Management Inc acquired a new stake in Shift4 Payments during the second quarter worth approximately $34,000. Advisors Asset Management Inc. raised its holdings 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 last quarter. Empowered Funds LLC acquired a new position in Shift4 Payments in the 4th quarter valued at $43,000. Vestcor Inc purchased a new position in shares of Shift4 Payments during the 3rd quarter worth $45,000. Finally, Summer Road LLC purchased a new position in shares of Shift4 Payments during the 4th quarter worth $47,000. Institutional investors and hedge funds own 98.87% of the company’s stock.

Key Headlines Impacting Shift4 Payments

Here are the key news stories impacting Shift4 Payments this week:

• Positive Sentiment: Shift4 reported second-quarter adjusted earnings of $1.32 per share, exceeding analysts’ estimates of approximately $1.19–$1.25. Revenue rose 50.9% year over year to roughly $1.29 billion–$1.30 billion, far above the reported consensus estimate of $615.18 million. Shift4 Payments Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: BTIG Research reduced its price target to $60 from $70 but maintained a Buy rating, implying substantial potential upside from recent trading levels. Benzinga

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.