Truist Financial Has Lowered Expectations for Shift4 Payments (NYSE:FOUR) Stock Price

Key Points

• Truist Financial lowered its Shift4 Payments price target from $50 to $49 while maintaining a “hold” rating, implying approximately 5.9% upside from the stock’s current price.
• Analyst sentiment remains mixed but leans neutral: MarketBeat reports a consensus “hold” rating and average price target of $60.05 from 23 analysts.
• Shift4’s latest quarter exceeded expectations, with adjusted earnings of $1.32 per share versus $1.26 expected and revenue of $1.29 billion, up 50.9% year over year; institutional investors own 98.87% of the stock.

Shift4 Payments (NYSE:FOUR - Get Free Report) had its price objective cut by analysts at Truist Financial from $50.00 to $49.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a "hold" rating on the stock. Truist Financial's price target suggests a potential upside of 5.90% from the stock's current price.

FOUR has been the topic of several other research reports. Mizuho set a $55.00 target price on shares of Shift4 Payments in a report on Monday, August 10th. Raymond James Financial set a $51.00 price target on Shift4 Payments in a report on Friday, August 7th. Royal Bank Of Canada cut their target price on shares of Shift4 Payments from $65.00 to $63.00 and set an "outperform" rating for the company in a report on Friday, August 7th. Loop Capital started coverage on shares of Shift4 Payments in a research note on Wednesday, June 24th. They issued a "hold" rating and a $40.00 price objective for the company. Finally, Zacks Research raised shares of Shift4 Payments from a "strong sell" rating to a "hold" rating in a report on Monday, June 1st. Eleven investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $60.05.

Shift4 Payments Trading Down 3.6%

Shares of FOUR stock opened at $46.27 on Thursday. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.21 and a current ratio of 1.21. The stock has a fifty day simple moving average of $47.99 and a two-hundred day simple moving average of $46.75. The firm has a market capitalization of $3.65 billion, a PE ratio of 77.12, a PEG ratio of 0.62 and a beta of 1.40. Shift4 Payments has a 52-week low of $34.56 and a 52-week high of $92.47.

Shift4 Payments (NYSE:FOUR - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, topping 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 firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. During the same quarter in the prior year, the company posted $1.10 earnings per share. The business's quarterly 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, analysts predict that Shift4 Payments will post 4.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Shift4 Payments

Several hedge funds have recently added to or reduced their stakes in the company. Marex Group plc raised its stake in shares of Shift4 Payments by 6.0% in the fourth quarter. Marex Group plc now owns 3,487 shares of the company's stock valued at $220,000 after acquiring an additional 196 shares in the last quarter. Parallel Advisors LLC grew its stake in Shift4 Payments by 5.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company's stock worth $313,000 after purchasing an additional 214 shares in the last quarter. Advisors Asset Management Inc. grew its stake in Shift4 Payments by 100.0% during the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company's stock worth $35,000 after purchasing an additional 217 shares in the last quarter. Glenmede Investment Management LP increased its holdings in Shift4 Payments by 5.1% during the 3rd quarter. Glenmede Investment Management LP now owns 4,565 shares of the company's stock worth $353,000 after purchasing an additional 222 shares during the period. Finally, Cerity Partners LLC increased its holdings in Shift4 Payments by 4.4% during the 2nd quarter. Cerity Partners LLC now owns 5,317 shares of the company's stock worth $527,000 after purchasing an additional 225 shares during the period. 98.87% of the stock is currently owned by institutional investors.

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.

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