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

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-one ratings firms that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $115.35.

Several analysts have recently weighed in on FOUR shares. Keefe, Bruyette & Woods lowered their target price on Shift4 Payments from $125.00 to $95.00 and set a "market perform" rating for the company in a research note on Monday, March 31st. Raymond James Financial decreased their price target on Shift4 Payments from $140.00 to $130.00 and set a "strong-buy" rating for the company in a research note on Friday, April 4th. Royal Bank Of Canada decreased their price target on Shift4 Payments from $154.00 to $127.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Susquehanna lifted their price target on Shift4 Payments from $100.00 to $125.00 and gave the stock a "positive" rating in a research note on Wednesday, April 30th. Finally, B. Riley restated a "buy" rating on shares of Shift4 Payments in a research note on Monday, June 2nd.

Insiders Place Their Bets

In other Shift4 Payments news, Director Sarah Goldsmith-Grover sold 1,000 shares of the business's stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $94.53, for a total transaction of $94,530.00. Following the completion of the transaction, the director now owns 7,474 shares of the company's stock, valued at $706,517.22. The trade was a 11.80% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Karen Roter Davis sold 2,757 shares of the stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $94.53, for a total transaction of $260,619.21. Following the completion of the sale, the director now owns 6,592 shares of the company's stock, valued at approximately $623,141.76. The trade was a 29.49% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 13,757 shares of company stock valued at $1,258,449 in the last quarter. Insiders own 25.15% of the company's stock.

Institutional Trading of Shift4 Payments

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Heck Capital Advisors LLC bought a new stake in Shift4 Payments during the fourth quarter worth about $26,000. Rakuten Securities Inc. lifted its position in shares of Shift4 Payments by 153.9% during the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company's stock worth $27,000 after purchasing an additional 157 shares in the last quarter. Elequin Capital LP lifted its position in shares of Shift4 Payments by 62.3% during the fourth quarter. Elequin Capital LP now owns 297 shares of the company's stock worth $31,000 after purchasing an additional 114 shares in the last quarter. SRH Advisors LLC acquired a new position in shares of Shift4 Payments during the first quarter worth approximately $26,000. Finally, Morse Asset Management Inc acquired a new position in shares of Shift4 Payments during the fourth quarter worth approximately $36,000. Institutional investors own 98.87% of the company's stock.

Shift4 Payments Trading Up 0.4%

Shares of FOUR opened at $98.40 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 2.12. The firm has a market capitalization of $8.72 billion, a P/E ratio of 33.24, a price-to-earnings-growth ratio of 0.70 and a beta of 1.82. The stock's fifty day simple moving average is $89.39 and its 200 day simple moving average is $95.82. Shift4 Payments has a twelve month low of $57.45 and a twelve month high of $127.50.

Shift4 Payments (NYSE:FOUR - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.31. Shift4 Payments had a return on equity of 32.97% and a net margin of 6.50%. The firm had revenue of $368.50 million during the quarter, compared to the consensus estimate of $886.09 million. During the same period in the prior year, the firm earned $0.54 EPS. The firm's quarterly revenue was up 39.7% compared to the same quarter last year. On average, equities research analysts forecast that Shift4 Payments will post 3.7 earnings per share 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.

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