Shift4 Payments (NYSE:FOUR) Price Target Lowered to $96.00 at B. Riley Financial

Key Points

• B. Riley Financial lowered Shift4 Payments’ price target from $120 to $96 while maintaining a “buy” rating, implying roughly 100% upside from the reported $47.89 share price.
• Analyst sentiment is mixed: the consensus rating is “Hold,” with 10 Buy, 12 Hold and 1 Sell ratings, and a consensus price target of $59.90.
• Shift4 reported quarterly earnings of $1.32 per share, beating estimates, while revenue rose 50.9% year over year to $1.29 billion. Institutional investors own approximately 98.87% of the company’s stock.

Shift4 Payments (NYSE:FOUR - Get Free Report) had its target price reduced by analysts at B. Riley Financial from $120.00 to $96.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a "buy" rating on the stock. B. Riley Financial's target price points to a potential upside of 100.44% from the company's previous close.

A number of other equities research analysts have also recently commented on FOUR. Royal Bank Of Canada lowered their price target on shares of Shift4 Payments from $65.00 to $63.00 and set an "outperform" rating on the stock in a report on Friday, August 7th. Evercore set a $45.00 price target on Shift4 Payments in a research note on Monday, May 18th. Loop Capital began coverage on Shift4 Payments in a research note on Wednesday, June 24th. They issued a "hold" rating and a $40.00 price objective on the stock. The Goldman Sachs Group set a $48.00 target price on shares of Shift4 Payments in a research report on Friday, August 7th. Finally, Truist Financial boosted their price target on shares of Shift4 Payments from $46.00 to $50.00 and gave the company a "hold" rating in a research report on Friday, July 24th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Shift4 Payments presently has a consensus rating of "Hold" and a consensus target price of $59.90.

Shift4 Payments Stock Performance

NYSE:FOUR traded down $0.04 during trading on Monday, reaching $47.89. The company's stock had a trading volume of 1,240,883 shares, compared to its average volume of 1,973,913. The firm has a market cap of $3.78 billion, a price-to-earnings ratio of 79.95, a price-to-earnings-growth ratio of 0.62 and a beta of 1.40. Shift4 Payments has a 12 month low of $34.56 and a 12 month high of $92.47. The company has a debt-to-equity ratio of 2.59, a quick ratio of 1.21 and a current ratio of 1.21. The firm has a 50 day moving average of $47.55 and a 200-day moving average of $46.94.

Shift4 Payments (NYSE:FOUR - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, topping analysts' consensus estimates of $1.26 by $0.06. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $615.65 million. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The firm's quarterly revenue was up 50.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Research analysts expect that Shift4 Payments will post 4.33 EPS for the current fiscal year.

Institutional Investors Weigh In On Shift4 Payments

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Versant Capital Management Inc purchased a new position in Shift4 Payments during the second quarter worth about $34,000. Advisors Asset Management Inc. increased its position in shares of Shift4 Payments by 100.0% in the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company's stock worth $35,000 after purchasing an additional 217 shares during the last quarter. Empowered Funds LLC purchased a new stake in Shift4 Payments in the fourth quarter valued at approximately $43,000. Vestcor Inc purchased a new stake in Shift4 Payments in the third quarter valued at approximately $45,000. Finally, Summer Road LLC bought a new stake in Shift4 Payments during the fourth quarter valued at approximately $47,000. Hedge funds and other institutional investors own 98.87% of the company's stock.

Shift4 Payments Company Profile

Shift4 Payments is a U.S.-based provider of integrated payment processing and technology solutions, serving merchants across the hospitality, retail, e-commerce, gaming and lodging industries. The company's platform enables businesses to accept in-store, online and mobile payments through a combination of point-of-sale hardware, payment gateway services and back-office software. By centralizing transaction processing and reporting, Shift4 aims to simplify payments, enhance security and streamline operations for its merchant customers.

The company's core offerings include encrypted point-of-sale terminals, cloud-based payment gateways, and developer-friendly APIs for online and mobile checkouts.

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