Shift4 Payments, Inc. (NYSE:FOUR) Stock Has Average Target Price of $56.68

Shift4 Payments, Inc. (NYSE:FOUR – Get Free Report) has been given a consensus rating of “Hold” by the twenty-three research firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $56.36.

A number of equities research analysts have weighed in on FOUR shares. Royal Bank Of Canada reissued an “outperform” rating and set a $67.00 target price on shares of Shift4 Payments in a report on Friday, September 11th. Wells Fargo & Company upgraded shares of Shift4 Payments from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $55.00 to $59.00 in a report on Tuesday, August 25th. BTIG Research cut their target price on Shift4 Payments from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday, October 13th. Susquehanna reduced their price target on Shift4 Payments from $78.00 to $63.00 and set a “positive” rating on the stock in a research report on Monday, October 5th. Finally, Truist Financial decreased their price target on Shift4 Payments from $49.00 to $42.00 and set a “hold” rating for the company in a research note on Friday.

Check Out Our Latest Stock Analysis on FOUR

Shift4 Payments Price Performance

Shares of FOUR traded down $1.33 during trading hours on Friday, reaching $38.84. The stock had a trading volume of 1,747,782 shares, compared to its average volume of 1,949,187. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.21 and a current ratio of 1.21. Shift4 Payments has a 12 month low of $34.56 and a 12 month high of $77.50. The stock has a market capitalization of $3.07 billion, a PE ratio of 64.73, a PEG ratio of 0.65 and a beta of 1.39. The company’s 50-day moving average is $41.49 and its two-hundred day moving average is $44.03.

Shift4 Payments (NYSE:FOUR – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $615.65 million. During the same quarter in the previous year, the company posted $1.10 EPS. Shift4 Payments’s quarterly revenue was up 50.9% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Research analysts expect that Shift4 Payments will post 4.16 EPS for the current year.

Institutional Investors Weigh In On Shift4 Payments

A number of institutional investors have recently modified their holdings of the company. Glenmede Trust Co. NA increased its stake in Shift4 Payments by 6.0% in the first 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 in the last quarter. State of Michigan Retirement System boosted its position in shares of Shift4 Payments by 1.9% during the 1st quarter. State of Michigan Retirement System now owns 16,300 shares of the company’s stock worth $713,000 after purchasing an additional 300 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Shift4 Payments by 3.0% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 13,900 shares of the company’s stock worth $608,000 after purchasing an additional 400 shares in the last quarter. Farther Finance Advisors LLC increased its position in Shift4 Payments by 3.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 15,697 shares of the company’s stock valued at $568,000 after buying an additional 539 shares in the last quarter. Finally, Versant Capital Management Inc acquired a new position in Shift4 Payments during the 2nd quarter worth approximately $34,000. 98.87% of the stock is owned by institutional investors.

Shift4 Payments Company Profile

(Get Free Report)

Shift4 Payments, Inc (NYSE: FOUR) is a payment technology company that provides integrated commerce solutions for businesses and organizations. Its platform supports payment acceptance across in-person, online and mobile channels, combining payment processing with point-of-sale, commerce management and reporting tools.

The company serves merchants and enterprises in industries including restaurants, hospitality, hotels, sports and entertainment venues, gaming, retail and e-commerce. Its offerings include payment gateways, point-of-sale systems, mobile and contactless payment capabilities, fraud prevention, chargeback management and business analytics.

See Also

Analyst Recommendations for Shift4 Payments (NYSE:FOUR)

Receive News & Ratings for Shift4 Payments Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shift4 Payments and related companies with MarketBeat.com's FREE daily email newsletter.