Shift4 Payments (NYSE:FOUR – Get Free Report) had its target price lowered by equities research analysts at B. Riley Financial from $96.00 to $94.00 in a research report issued on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley Financial’s price target would indicate a potential upside of 140.96% from the company’s current price.
Several other equities research analysts also recently commented on the company. Raymond James Financial set a $51.00 price objective on Shift4 Payments in a report on Friday, August 7th. Mizuho cut their target price on Shift4 Payments from $55.00 to $46.00 and set an “outperform” rating on the stock in a report on Thursday, September 24th. Weiss Ratings downgraded shares of Shift4 Payments from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group set a $48.00 price target on shares of Shift4 Payments in a research report on Friday, August 7th. Finally, Truist Financial decreased their price target on shares of Shift4 Payments from $50.00 to $49.00 and set a “hold” rating for the company in a research note on Thursday, August 27th. Eleven research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $57.90.
Read Our Latest Research Report on Shift4 Payments
Shift4 Payments Stock Performance
Shift4 Payments (NYSE:FOUR – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.32 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $615.65 million. During the same period in the previous year, the company posted $1.10 EPS. The firm’s 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. On average, equities research analysts predict that Shift4 Payments will post 4.32 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the stock. Spyglass Capital Management LLC grew its holdings in Shift4 Payments by 4.7% during the second quarter. Spyglass Capital Management LLC now owns 1,833,803 shares of the company’s stock worth $89,196,000 after buying an additional 82,663 shares in the last quarter. Rice Hall James & Associates LLC raised its position in Shift4 Payments by 13.6% in the 4th quarter. Rice Hall James & Associates LLC now owns 663,788 shares of the company’s stock valued at $41,799,000 after buying an additional 79,557 shares during the last quarter. Maestria Partners LLC lifted its stake in Shift4 Payments by 38.6% during the 4th quarter. Maestria Partners LLC now owns 516,186 shares of the company’s stock valued at $32,504,000 after acquiring an additional 143,763 shares in the last quarter. Schwartz Investment Counsel Inc. lifted its stake in Shift4 Payments by 55.5% during the 1st quarter. Schwartz Investment Counsel Inc. now owns 445,691 shares of the company’s stock valued at $19,490,000 after acquiring an additional 159,000 shares in the last quarter. Finally, University of Illinois Foundation boosted its holdings in Shift4 Payments by 57.8% during the 4th quarter. University of Illinois Foundation now owns 182,848 shares of the company’s stock worth $11,514,000 after acquiring an additional 67,000 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.
About Shift4 Payments
Shift4 Payments, Inc provides integrated payment processing and commerce technology for businesses worldwide. The company enables merchants to accept payments through in-person, online and mobile channels, offering services that can include payment gateways, acquiring, transaction processing, fraud prevention and reporting.
Shift4’s platform is designed to combine payments with business-management tools and point-of-sale systems. Its solutions support industries such as restaurants, hospitality, retail, sports and entertainment, gaming, e-commerce and other organizations that require unified payment and commerce capabilities.
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