B. Riley Financial Cuts Shift4 Payments (NYSE:FOUR) Price Target to $94.00

Key Points

• B. Riley Financial lowered Shift4 Payments’ price target from $96 to $94 while maintaining a “buy” rating, implying 145.69% upside from the stock’s $38.26 price.
• Analyst sentiment is mixed: 11 analysts rate the stock a buy, nine a hold and two a sell, resulting in an overall “hold” consensus and an average price target of $57.90.
• Shift4 reported quarterly earnings of $1.32 per share, exceeding estimates of $1.26, while revenue rose 50.9% year over year to $1.29 billion.

Shift4 Payments (NYSE:FOUR - Get Free Report) had its price target lowered by B. Riley Financial from $96.00 to $94.00 in a report issued on Tuesday, Benzinga reports. The firm presently has a "buy" rating on the stock. B. Riley Financial's price target indicates a potential upside of 145.69% from the stock's current price.

FOUR has been the subject of a number of other reports. Weiss Ratings cut Shift4 Payments from a "sell (d+)" rating to a "sell (d)" rating in a research note on Tuesday, August 11th. Morgan Stanley set a $46.00 target price on Shift4 Payments in a research note on Friday, August 7th. DA Davidson dropped their price objective on Shift4 Payments from $74.00 to $68.00 and set a "buy" rating on the stock in a research note on Monday, August 10th. Mizuho lowered their price target on Shift4 Payments from $55.00 to $46.00 and set an "outperform" rating on the stock in a research report on Thursday, September 24th. Finally, Loop Capital initiated coverage on shares of Shift4 Payments in a research report on Wednesday, June 24th. They issued a "hold" rating and a $40.00 price objective on the stock. Eleven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $57.90.

Shift4 Payments Price Performance

FOUR stock traded up $0.71 during trading on Tuesday, hitting $38.26. 541,856 shares of the stock traded hands, compared to its average volume of 1,998,508. The stock has a market cap of $3.02 billion, a price-to-earnings ratio of 64.14, a P/E/G ratio of 0.50 and a beta of 1.39. Shift4 Payments has a one year low of $34.56 and a one year high of $80.98. The company has a 50 day simple moving average of $44.20 and a 200 day simple moving average of $44.55. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59.

Shift4 Payments (NYSE:FOUR - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, beating analysts' consensus estimates of $1.26 by $0.06. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%.The firm's quarterly revenue was up 50.9% compared to the same quarter last year. During the same period last year, the company posted $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Equities analysts expect that Shift4 Payments will post 4.32 EPS for the current fiscal year.

Institutional Investors Weigh In On Shift4 Payments

A number of hedge funds and other institutional investors have recently bought and sold shares of FOUR. Versant Capital Management Inc bought a new position in shares of Shift4 Payments during the second quarter worth about $34,000. Root Financial Partners LLC raised its stake in Shift4 Payments by 174,900.0% during the 1st quarter. Root Financial Partners LLC now owns 1,750 shares of the company's stock worth $77,000 after buying an additional 1,749 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in shares of Shift4 Payments during the first quarter worth approximately $87,000. Nykredit A S bought a new position in shares of Shift4 Payments in the second quarter valued at $132,000. Finally, Syon Capital LLC bought a new position in Shift4 Payments in the 2nd quarter valued at about $201,000. 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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