Shift4 Payments, Inc. (NYSE:FOUR) Receives Average Recommendation of "Hold" from Brokerages

Key Points

• Analyst sentiment is mixed: Twenty-three analysts give Shift4 Payments an average “Hold” rating, with 11 buys, 10 holds and 2 sells. The average 12-month price target is $60.24.
• Several firms recently reduced their price targets, including BTIG Research to $60 and UBS to $52, while RBC maintained an “outperform” rating with a $67 target; Zacks also downgraded the stock to “strong sell.”
• Shift4 reported quarterly adjusted earnings of $1.32 per share, ahead of the $1.26 consensus estimate, while revenue rose 50.9% year over year to $1.29 billion. Institutional investors own approximately 98.87% of the company’s shares.

Shares of Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) have been given an average rating of "Hold" by the twenty-three analysts that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $60.2381.

A number of research firms recently weighed in on FOUR. BTIG Research dropped their price target on shares of Shift4 Payments from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. 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. Zacks Research lowered shares of Shift4 Payments from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 8th. Royal Bank Of Canada reissued an "outperform" rating and set a $67.00 target price on shares of Shift4 Payments in a research report on Friday, September 11th. Finally, UBS Group cut their target price on Shift4 Payments from $60.00 to $52.00 and set a "buy" rating on the stock in a research note on Friday, August 7th.

Institutional Investors Weigh In On Shift4 Payments

Several large investors have recently made changes to their positions in the business. Spyglass Capital Management LLC boosted its holdings in shares of Shift4 Payments by 4.7% in the 2nd 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 during the last quarter. Geode Capital Management LLC increased its holdings in Shift4 Payments by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 1,367,881 shares of the company's stock worth $86,153,000 after buying an additional 57,282 shares during the last quarter. Rice Hall James & Associates LLC raised its position in Shift4 Payments by 27.7% in the first quarter. Rice Hall James & Associates LLC now owns 847,726 shares of the company's stock worth $37,071,000 after acquiring an additional 183,938 shares during the period. Norges Bank bought a new stake in Shift4 Payments in the fourth quarter worth about $51,635,000. Finally, BW Gestao de Investimentos Ltda. boosted its stake in Shift4 Payments by 9.0% in the fourth quarter. BW Gestao de Investimentos Ltda. now owns 689,788 shares of the company's stock valued at $43,436,000 after acquiring an additional 56,950 shares during the last quarter. 98.87% of the stock is owned by hedge funds and other institutional investors.

Shift4 Payments Trading Up 1.3%

Shares of Shift4 Payments stock opened at $39.49 on Tuesday. The company has a market capitalization of $3.12 billion, a P/E ratio of 65.82, a price-to-earnings-growth ratio of 0.50 and a beta of 1.38. The stock has a fifty day simple moving average of $46.65 and a 200 day simple moving average of $45.18. Shift4 Payments has a 12-month low of $34.56 and a 12-month high of $87.03. 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 issued its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $615.65 million. During the same period last year, the business earned $1.10 EPS. The business'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. On average, sell-side analysts anticipate that Shift4 Payments will post 4.33 earnings per share for the current fiscal year.

About Shift4 Payments

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.

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