Analysts Set Shift4 Payments, Inc. (NYSE:FOUR) Price Target at $79.89

Shift4 Payments, Inc. (NYSE:FOURGet Free Report) has earned a consensus rating of “Moderate Buy” from the twenty-two brokerages that are currently covering the firm, MarketBeat reports. Nine research analysts have rated the stock with a hold rating, twelve have assigned 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 $79.8947.

FOUR has been the topic of several recent research reports. Oppenheimer cut their price target on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating on the stock in a report on Monday, January 12th. Wells Fargo & Company decreased their price objective on Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating for the company in a report on Friday, February 27th. The Goldman Sachs Group lowered their target price on Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a research report on Monday, March 2nd. Mizuho cut their target price on Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a report on Monday, December 22nd. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating for the company in a research report on Friday, February 27th.

Read Our Latest Research Report on Shift4 Payments

Insiders Place Their Bets

In other news, Director Nancy Disman sold 5,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $69.50, for a total transaction of $347,500.00. Following the completion of the sale, the director directly owned 130,420 shares of the company’s stock, valued at $9,064,190. The trade was a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO David Taylor Lauber sold 12,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $69.00, for a total transaction of $828,000.00. Following the completion of the sale, the chief executive officer owned 273,588 shares in the company, valued at $18,877,572. This represents a 4.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have acquired 341,930 shares of company stock worth $15,661,068. Insiders own 25.15% of the company’s stock.

Hedge Funds Weigh In On Shift4 Payments

A number of hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP raised its stake in shares of Shift4 Payments by 410.9% in the second quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after purchasing an additional 226 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in shares of Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares in the last quarter. Hantz Financial Services Inc. boosted its position in shares of Shift4 Payments by 148.1% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock valued at $41,000 after buying an additional 314 shares during the last quarter. Vestcor Inc bought a new stake in Shift4 Payments during the third quarter worth $45,000. Finally, Johnson Financial Group Inc. grew its holdings in Shift4 Payments by 282.2% during the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock worth $50,000 after buying an additional 477 shares in the last quarter. Institutional investors and hedge funds own 98.87% of the company’s stock.

Shift4 Payments Price Performance

Shares of NYSE FOUR opened at $46.88 on Friday. The firm’s 50-day moving average price is $58.71 and its 200-day moving average price is $69.42. Shift4 Payments has a 1-year low of $43.32 and a 1-year high of $108.50. The firm has a market capitalization of $4.15 billion, a P/E ratio of 44.65, a P/E/G ratio of 0.36 and a beta of 1.65. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOURGet Free Report) last issued its earnings results on Thursday, February 26th. The company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.56 by $0.04. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The company had revenue of $610.00 million during the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the business posted $1.35 EPS. The firm’s revenue for the quarter was up 50.6% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities research analysts anticipate that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

About Shift4 Payments

(Get Free Report)

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.

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Analyst Recommendations for Shift4 Payments (NYSE:FOUR)

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