Shift4 Payments, Inc. (NYSE:FOUR) Receives $115.35 Consensus Price Target from Analysts

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-one brokerages that are covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $115.35.

A number of brokerages have recently weighed in on FOUR. Evercore ISI started coverage on Shift4 Payments in a research note on Wednesday, April 9th. They set an "in-line" rating and a $80.00 target price on the stock. Barclays lowered their price objective on Shift4 Payments from $117.00 to $110.00 and set an "overweight" rating on the stock in a research report on Thursday, April 3rd. Piper Sandler reduced their target price on shares of Shift4 Payments from $143.00 to $113.00 and set an "overweight" rating for the company in a research report on Thursday, April 10th. Susquehanna upped their price target on shares of Shift4 Payments from $100.00 to $125.00 and gave the company a "positive" rating in a research note on Wednesday, April 30th. Finally, Benchmark upgraded shares of Shift4 Payments from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, April 30th.

Insiders Place Their Bets

In other news, CFO Nancy Disman sold 10,000 shares of the stock in a transaction on Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the completion of the transaction, the chief financial officer now directly owns 177,622 shares in the company, valued at approximately $15,094,317.56. This represents a 5.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 25.15% of the company's stock.

Institutional Investors Weigh In On Shift4 Payments

A number of hedge funds and other institutional investors have recently bought and sold shares of FOUR. Strs Ohio bought a new position in Shift4 Payments in the first quarter valued at about $930,000. Empowered Funds LLC acquired a new position in shares of Shift4 Payments in the first quarter valued at approximately $5,639,000. United Services Automobile Association bought a new position in Shift4 Payments in the 1st quarter valued at approximately $357,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Shift4 Payments by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 45,992 shares of the company's stock valued at $3,760,000 after buying an additional 2,211 shares during the last quarter. Finally, Banque Transatlantique SA acquired a new stake in Shift4 Payments during the 1st quarter worth approximately $27,000. Institutional investors own 98.87% of the company's stock.

Shift4 Payments Stock Performance

Shares of NYSE:FOUR traded up $0.12 on Wednesday, hitting $94.27. The company had a trading volume of 2,172,368 shares, compared to its average volume of 1,931,940. The stock has a market cap of $8.35 billion, a price-to-earnings ratio of 30.71, a P/E/G ratio of 1.04 and a beta of 1.80. The stock has a 50 day moving average price of $84.04 and a 200 day moving average price of $97.40. Shift4 Payments has a 1-year low of $57.45 and a 1-year high of $127.50. The company has a current ratio of 1.38, a quick ratio of 2.97 and a debt-to-equity ratio of 2.12.

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

Shift4 Payments Company Profile

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.