UBS Group Cuts Shift4 Payments (NYSE:FOUR) Price Target to $125.00

Shift4 Payments (NYSE:FOUR - Free Report) had its price objective decreased by UBS Group from $138.00 to $125.00 in a report released on Wednesday,Benzinga reports. UBS Group currently has a buy rating on the stock.

Other analysts have also issued research reports about the company. Wells Fargo & Company dropped their target price on Shift4 Payments from $115.00 to $100.00 and set an "overweight" rating on the stock in a report on Thursday, April 24th. Royal Bank of Canada restated an "outperform" rating and issued a $154.00 price objective on shares of Shift4 Payments in a research note on Tuesday, March 4th. Piper Sandler cut their price target on Shift4 Payments from $143.00 to $113.00 and set an "overweight" rating for the company in a report on Thursday, April 10th. Morgan Stanley decreased their price objective on shares of Shift4 Payments from $109.00 to $107.00 and set an "equal weight" rating on the stock in a report on Thursday, February 27th. Finally, BTIG Research reduced their target price on shares of Shift4 Payments from $135.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Six research analysts have rated the stock with a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $112.38.

Shift4 Payments Stock Up 0.5 %

NYSE FOUR traded up $0.40 during trading on Wednesday, hitting $82.13. The stock had a trading volume of 3,125,964 shares, compared to its average volume of 1,686,756. Shift4 Payments has a 12 month low of $56.10 and a 12 month high of $127.50. The company has a debt-to-equity ratio of 2.12, a quick ratio of 2.97 and a current ratio of 1.38. The company's 50-day moving average price is $84.08 and its two-hundred day moving average price is $98.29. The company has a market capitalization of $7.32 billion, a PE ratio of 26.75, a P/E/G ratio of 1.04 and a beta of 1.80.

Shift4 Payments (NYSE:FOUR - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The company reported $1.07 EPS for the quarter, topping 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%. The firm's revenue for the quarter was up 39.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 earnings per share. As a group, sell-side analysts forecast that Shift4 Payments will post 3.7 EPS for the current year.

Insider Buying and Selling at Shift4 Payments

In other news, President David Taylor Lauber sold 2,500 shares of the business's stock in a transaction 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 completion of the transaction, the president now 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 position. 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 business's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $84.98, for a total value of $849,800.00. Following the sale, the chief financial officer now owns 177,622 shares in the company, valued at approximately $15,094,317.56. This trade represents a 5.33 % decrease in their ownership of the stock. 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 ninety days. 30.57% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in shares of Shift4 Payments by 9.4% in the fourth quarter. Vanguard Group Inc. now owns 6,539,486 shares of the company's stock valued at $678,668,000 after purchasing an additional 562,774 shares in the last quarter. Darlington Partners Capital Management LP boosted its holdings in Shift4 Payments by 17.2% during the 4th quarter. Darlington Partners Capital Management LP now owns 2,510,014 shares of the company's stock worth $260,489,000 after acquiring an additional 367,500 shares during the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Shift4 Payments by 41.3% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,198,845 shares of the company's stock worth $127,689,000 after acquiring an additional 350,703 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Shift4 Payments by 10.0% in the 4th quarter. Geode Capital Management LLC now owns 1,164,586 shares of the company's stock worth $120,899,000 after acquiring an additional 106,217 shares in the last quarter. Finally, Spyglass Capital Management LLC raised its holdings in shares of Shift4 Payments by 22.7% in the fourth quarter. Spyglass Capital Management LLC now owns 981,859 shares of the company's stock valued at $101,897,000 after purchasing an additional 181,539 shares during the last quarter. 98.87% of the stock is owned by institutional investors.

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.