Shift4 Payments (NYSE:FOUR) Stock Price Up 5.7% – Here’s What Happened

Shift4 Payments, Inc. (NYSE:FOUR) was up 5.7% on Thursday . The company traded as high as $43.35 and last traded at $43.4930. Approximately 1,147,199 shares were traded during trading, a decline of 42% from the average daily volume of 1,974,973 shares. The stock had previously closed at $41.13.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FOUR. BTIG Research dropped their target price on Shift4 Payments from $70.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, August 6th. DA Davidson lowered their price target on Shift4 Payments from $74.00 to $68.00 and set a “buy” rating on the stock in a research report on Monday, August 10th. The Goldman Sachs Group set a $48.00 price objective on Shift4 Payments in a report on Friday, August 7th. Truist Financial reduced their target price on shares of Shift4 Payments from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Thursday, August 27th. Finally, B. Riley Financial lowered their target price on shares of Shift4 Payments from $120.00 to $96.00 and set a “buy” rating on the stock in a report on Monday, August 24th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $60.24.

Shift4 Payments Stock Up 5.0%

The company has a market cap of $3.57 billion, a P/E ratio of 75.34, a PEG ratio of 0.56 and a beta of 1.38. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.59. The firm has a fifty day moving average price of $47.65 and a 200 day moving average price of $45.65.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $615.65 million. During the same quarter in the prior year, the firm earned $1.10 EPS. The company’s revenue was up 50.9% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Equities research analysts forecast that Shift4 Payments, Inc. will post 4.33 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FOUR. Norges Bank acquired a new stake in Shift4 Payments in the fourth quarter worth about $51,635,000. University of Illinois Foundation lifted its position in Shift4 Payments by 57.8% during the 4th quarter. University of Illinois Foundation now owns 182,848 shares of the company’s stock valued at $11,514,000 after purchasing an additional 67,000 shares during the period. Fifth Third Bancorp boosted its stake in shares of Shift4 Payments by 19,626.6% in the 1st quarter. Fifth Third Bancorp now owns 30,379 shares of the company’s stock valued at $1,328,000 after purchasing an additional 30,225 shares during the last quarter. BW Gestao de Investimentos Ltda. boosted its stake in shares of Shift4 Payments by 9.0% in the 4th quarter. BW Gestao de Investimentos Ltda. now owns 689,788 shares of the company’s stock valued at $43,436,000 after purchasing an additional 56,950 shares during the last quarter. Finally, Mariner Investment Group LLC raised its stake in shares of Shift4 Payments by 177.8% during the fourth quarter. Mariner Investment Group LLC now owns 125,000 shares of the company’s stock worth $7,871,000 after buying an additional 80,000 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Company Profile

Shift4 Payments, Inc (NYSE: FOUR) provides integrated payment processing and commerce technology for businesses. Its platform combines payment acceptance, payment gateway services, acquiring, fraud prevention, reporting and other merchant services, allowing businesses to manage transactions across in-person, online and mobile channels.

The company serves a range of industries, including restaurants, hotels, resorts, sports and entertainment venues, gaming, retail and e-commerce. Its offerings include point-of-sale and payment solutions such as SkyTab for restaurants, as well as tools designed to support venue operations, online ordering, hotel payments and other specialized commerce needs.

Shift4 has expanded its operations internationally through organic growth and acquisitions, including the purchase of Finaro, a global payment processing company.