Shift4 Payments, Inc. (NYSE:FOUR) Stock Rated "Hold" by Wall Street Brokerages

Key Points

• Wall Street consensus is “Hold”: Of 23 analysts, 11 rate Shift4 Payments a buy, 10 a hold and 2 a sell. The average 12-month price target is $56.68.
• Recent quarterly results exceeded expectations: Shift4 reported adjusted earnings of $1.32 per share versus the $1.26 consensus estimate, while revenue rose 50.9% year over year to $1.29 billion.
• Shares opened at $39.47, with a market capitalization of approximately $3.12 billion and a one-year trading range of $34.56 to $77.50. Institutional investors and hedge funds own about 98.87% of the stock.

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) has been assigned an average rating of "Hold" from the twenty-three research firms that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $56.68.

Several analysts have commented on FOUR shares. Morgan Stanley set a $46.00 target price on shares of Shift4 Payments in a report on Friday, August 7th. Wells Fargo & Company upgraded shares of Shift4 Payments from an "equal weight" rating to an "overweight" rating and upped their price target for the company from $55.00 to $59.00 in a report on Tuesday, August 25th. UBS Group reduced their price target on shares of Shift4 Payments from $60.00 to $52.00 and set a "buy" rating for the company in a report on Friday, August 7th. The Goldman Sachs Group set a $48.00 price objective on shares of Shift4 Payments in a research report on Friday, August 7th. Finally, Loop Capital started coverage on shares of Shift4 Payments in a report on Wednesday, June 24th. They set a "hold" rating and a $40.00 price objective on the stock.

Shift4 Payments Trading Up 0.3%

NYSE FOUR opened at $39.47 on Friday. The firm has a market cap of $3.12 billion, a P/E ratio of 65.78, a P/E/G ratio of 0.57 and a beta of 1.39. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.21 and a quick ratio of 1.21. The stock's 50-day moving average is $41.94 and its 200-day moving average is $44.15. Shift4 Payments has a one year low of $34.56 and a one year high of $77.50.

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, 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 quarter in the previous year, the business posted $1.10 EPS. Shift4 Payments's revenue for the quarter was up 50.9% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Sell-side analysts anticipate that Shift4 Payments will post 4.16 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Shift4 Payments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Annex Advisory Services LLC bought a new position in Shift4 Payments during the 3rd quarter worth about $1,500,000. Farther Finance Advisors LLC lifted its holdings in shares of Shift4 Payments by 3.6% in the third quarter. Farther Finance Advisors LLC now owns 15,697 shares of the company's stock valued at $568,000 after purchasing an additional 539 shares in the last quarter. Engineers Gate Manager LP bought a new stake in shares of Shift4 Payments in the second quarter valued at about $215,000. Nykredit A S bought a new stake in shares of Shift4 Payments in the second quarter valued at about $132,000. Finally, Readystate Asset Management LP boosted its position in shares of Shift4 Payments by 530.2% during the second quarter. Readystate Asset Management LP now owns 86,082 shares of the company's stock worth $4,187,000 after buying an additional 72,422 shares during the period. 98.87% of the stock is owned by institutional investors and hedge funds.

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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