Shift4 Payments, Inc. (NYSE:FOUR) Receives Average Rating of "Moderate Buy" from Brokerages

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) has received a consensus rating of "Moderate Buy" from the twenty-one ratings firms that are presently covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $114.25.

Several brokerages have recently weighed in on FOUR. Susquehanna upped their price target on Shift4 Payments from $100.00 to $125.00 and gave the company a "positive" rating in a research report on Wednesday, April 30th. Piper Sandler lowered their target price on shares of Shift4 Payments from $143.00 to $113.00 and set an "overweight" rating on the stock in a research note on Thursday, April 10th. William Blair reissued an "outperform" rating on shares of Shift4 Payments in a report on Wednesday, April 30th. Stephens reaffirmed an "overweight" rating and issued a $125.00 price target on shares of Shift4 Payments in a report on Wednesday, February 19th. Finally, Benchmark upgraded Shift4 Payments from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 30th.

Shift4 Payments Stock Performance

Shares of NYSE FOUR traded up $2.00 during midday trading on Friday, hitting $92.07. The company's stock had a trading volume of 1,605,145 shares, compared to its average volume of 1,676,574. The firm has a market capitalization of $8.20 billion, a price-to-earnings ratio of 29.99, a P/E/G ratio of 1.04 and a beta of 1.80. The company has a current ratio of 1.38, a quick ratio of 2.97 and a debt-to-equity ratio of 2.12. The stock has a fifty day moving average price of $82.74 and a 200 day moving average price of $97.93. Shift4 Payments has a one year low of $57.45 and a one year high of $127.50.

Shift4 Payments (NYSE:FOUR - Get Free Report) last posted its earnings results on Tuesday, April 29th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.31. The firm had revenue of $368.50 million for the quarter, compared to the consensus estimate of $886.09 million. Shift4 Payments had a return on equity of 29.00% and a net margin of 6.89%. The business's quarterly revenue was up 39.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.54 earnings per share. On average, research analysts forecast that Shift4 Payments will post 3.7 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, President David Taylor Lauber sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, March 6th. The stock was sold at an average price of $91.70, for a total transaction of $229,250.00. Following the transaction, the president now directly owns 264,856 shares of the company's stock, valued at approximately $24,287,295.20. The trade was a 0.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Nancy Disman sold 10,000 shares of the company's stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $84.98, for a total value of $849,800.00. Following the transaction, the chief financial officer now owns 177,622 shares of the company's stock, valued at approximately $15,094,317.56. This represents a 5.33% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,695 shares of company stock valued at $1,097,380 in the last quarter. Insiders own 30.57% of the company's stock.

Institutional Investors Weigh In On Shift4 Payments

A number of large investors have recently modified their holdings of the stock. Tidal Investments LLC lifted its holdings in Shift4 Payments by 66.1% in the third quarter. Tidal Investments LLC now owns 8,057 shares of the company's stock worth $714,000 after buying an additional 3,206 shares during the period. GAMMA Investing LLC raised its position in shares of Shift4 Payments by 548.2% in the 4th quarter. GAMMA Investing LLC now owns 551 shares of the company's stock worth $57,000 after acquiring an additional 466 shares in the last quarter. Nordea Investment Management AB boosted its position in shares of Shift4 Payments by 1.3% during the fourth quarter. Nordea Investment Management AB now owns 56,454 shares of the company's stock valued at $5,889,000 after purchasing an additional 728 shares in the last quarter. CHICAGO TRUST Co NA purchased a new stake in shares of Shift4 Payments in the 4th quarter worth about $315,000. Finally, Moody National Bank Trust Division increased its stake in shares of Shift4 Payments by 86.5% during the fourth quarter. Moody National Bank Trust Division now owns 15,849 shares of the company's stock valued at $1,645,000 after purchasing an additional 7,349 shares in the last quarter. Institutional investors own 98.87% of the company's stock.

About Shift4 Payments

Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.