Brokerages Set Shift4 Payments, Inc. (NYSE:FOUR) Target Price at $92.25

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned a consensus recommendation of “Moderate Buy” from the twenty-two research firms that are presently covering the stock, MarketBeat.com reports. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $92.25.

Several equities research analysts recently weighed in on FOUR shares. Mizuho decreased their price objective on Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating for the company in a report on Monday, December 22nd. The Goldman Sachs Group reduced their target price on shares of Shift4 Payments from $95.00 to $83.00 and set a “buy” rating for the company in a research note on Friday, November 7th. Susquehanna dropped their price target on shares of Shift4 Payments from $115.00 to $101.00 and set a “positive” rating on the stock in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft downgraded shares of Shift4 Payments from a “buy” rating to a “hold” rating and cut their price objective for the stock from $100.00 to $65.00 in a report on Thursday, January 15th. Finally, Benchmark restated a “buy” rating on shares of Shift4 Payments in a research report on Thursday, December 11th.

Insider Transactions at Shift4 Payments

In other Shift4 Payments news, Director Nancy Disman sold 5,000 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $69.50, for a total value of $347,500.00. Following the completion of the transaction, the director owned 130,420 shares in the company, valued at $9,064,190. This trade represents a 3.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO David Taylor Lauber sold 12,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $69.00, for a total value of $828,000.00. Following the sale, the chief executive officer owned 273,588 shares in the company, valued at approximately $18,877,572. This represents a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 25.15% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Shaker Investments LLC OH raised its stake in Shift4 Payments by 1.9% in the second quarter. Shaker Investments LLC OH now owns 5,556 shares of the company’s stock valued at $551,000 after purchasing an additional 105 shares in the last quarter. Truist Financial Corp increased its holdings in shares of Shift4 Payments by 2.8% in the 2nd quarter. Truist Financial Corp now owns 4,560 shares of the company’s stock worth $452,000 after buying an additional 123 shares during the last quarter. Advisors Asset Management Inc. raised its position in shares of Shift4 Payments by 29.5% during the 2nd quarter. Advisors Asset Management Inc. now owns 562 shares of the company’s stock valued at $56,000 after buying an additional 128 shares in the last quarter. Main Management ETF Advisors LLC lifted its holdings in shares of Shift4 Payments by 1.7% during the 2nd quarter. Main Management ETF Advisors LLC now owns 8,063 shares of the company’s stock worth $799,000 after acquiring an additional 132 shares during the last quarter. Finally, Amalgamated Bank grew its position in Shift4 Payments by 0.4% in the second quarter. Amalgamated Bank now owns 32,173 shares of the company’s stock worth $3,189,000 after acquiring an additional 136 shares in the last quarter. Hedge funds and other institutional investors own 98.87% of the company’s stock.

Shift4 Payments Stock Performance

NYSE:FOUR opened at $55.01 on Monday. The company has a market capitalization of $4.88 billion, a P/E ratio of 25.83, a P/E/G ratio of 0.47 and a beta of 1.63. The business has a fifty day simple moving average of $63.34 and a two-hundred day simple moving average of $74.38. The company has a debt-to-equity ratio of 3.27, a current ratio of 1.38 and a quick ratio of 1.38. Shift4 Payments has a 1 year low of $52.65 and a 1 year high of $127.50.

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.