Shift4 Payments (NYSE:FOUR) Trading Down 4.7% - What's Next?

Key Points

• Shift4 Payments shares fell 4.7% to about $45.74 in mid-day trading, with volume roughly 85% below the average daily level.
• Analysts have generally become more cautious: price targets from RBC and BTIG were reduced, while the consensus rating remains “Hold” with an average target of $58.10.
• The company exceeded quarterly expectations, reporting $1.32 in EPS versus $1.26 expected and $1.29 billion in revenue, up 50.9% year over year. Institutional investors continue to hold a dominant 98.87% of outstanding shares.

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report)'s stock price fell 4.7% during mid-day trading on Friday . The company traded as low as $45.74 and last traded at $45.7350. Approximately 306,123 shares changed hands during trading, a decline of 85% from the average daily volume of 1,983,926 shares. The stock had previously closed at $48.00.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on FOUR shares. Royal Bank Of Canada dropped their price target on shares of Shift4 Payments from $65.00 to $63.00 and set an "outperform" rating for the company in a research report on Friday, August 7th. BTIG Research reduced their price target on Shift4 Payments from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Thursday, August 6th. Zacks Research upgraded Shift4 Payments from a "strong sell" rating to a "hold" rating in a research note on Monday, June 1st. Mizuho set a $55.00 price objective on Shift4 Payments in a report on Monday. Finally, Seaport Research Partners downgraded Shift4 Payments from a "buy" rating to a "neutral" rating in a research report on Thursday, April 16th. Nine equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Shift4 Payments currently has an average rating of "Hold" and a consensus target price of $58.10.

Shift4 Payments Stock Down 5.0%

The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of 76.00, a price-to-earnings-growth ratio of 0.52 and a beta of 1.40. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 2.59. The firm has a 50 day moving average of $46.57 and a two-hundred day moving average of $47.53.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.26 by $0.06. The business had revenue of $1.29 billion during the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period in the prior year, the company earned $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. As a group, sell-side analysts anticipate that Shift4 Payments, Inc. will post 4.68 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FOUR. Marex Group plc raised its position in Shift4 Payments by 6.0% during the 4th quarter. Marex Group plc now owns 3,487 shares of the company's stock worth $220,000 after purchasing an additional 196 shares during the last quarter. Parallel Advisors LLC lifted its holdings in shares of Shift4 Payments by 5.6% in the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company's stock worth $313,000 after purchasing an additional 214 shares in the last quarter. Advisors Asset Management Inc. lifted its stake 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 valued at $35,000 after buying an additional 217 shares in the last quarter. Glenmede Investment Management LP boosted its stake in Shift4 Payments by 5.1% during the 3rd quarter. Glenmede Investment Management LP now owns 4,565 shares of the company's stock valued at $353,000 after purchasing an additional 222 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in Shift4 Payments by 4.4% during the second quarter. Cerity Partners LLC now owns 5,317 shares of the company's stock worth $527,000 after buying an additional 225 shares in the last quarter. 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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