Shift4 Payments, Inc. (NYSE:FOUR) Expected to Post Earnings of $0.20 Per Share

Analysts expect Shift4 Payments, Inc. (NYSE:FOUR) to report earnings per share (EPS) of $0.20 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Shift4 Payments’ earnings, with the lowest EPS estimate coming in at $0.14 and the highest estimate coming in at $0.23. Shift4 Payments posted earnings of ($0.05) per share in the same quarter last year, which indicates a positive year-over-year growth rate of 500%. The company is expected to issue its next quarterly earnings results on Thursday, March 3rd.

According to Zacks, analysts expect that Shift4 Payments will report full year earnings of $0.55 per share for the current year, with EPS estimates ranging from $0.50 to $0.58. For the next fiscal year, analysts anticipate that the company will report earnings of $1.25 per share, with EPS estimates ranging from $0.76 to $1.82. Zacks’ earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Shift4 Payments.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Wednesday, November 10th. The company reported $0.26 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.16 by $0.10. Shift4 Payments had a negative net margin of 4.34% and a negative return on equity of 3.43%. The firm had revenue of $148.30 million during the quarter, compared to analyst estimates of $147.23 million. During the same period in the prior year, the business earned ($0.05) EPS.

A number of brokerages have issued reports on FOUR. Morgan Stanley decreased their target price on shares of Shift4 Payments from $93.00 to $81.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 11th. Zacks Investment Research downgraded shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Royal Bank of Canada dropped their price target on shares of Shift4 Payments from $110.00 to $86.00 and set an “outperform” rating for the company in a research note on Friday, January 7th. Loop Capital initiated coverage on shares of Shift4 Payments in a research note on Monday, November 29th. They set a “buy” rating and a $69.00 price target for the company. Finally, Credit Suisse Group lifted their target price on shares of Shift4 Payments from $95.00 to $105.00 and gave the stock an “outperform” rating in a research note on Thursday, November 11th. Two equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $88.88.

FOUR traded down $1.31 on Friday, reaching $50.20. The company had a trading volume of 46,361 shares, compared to its average volume of 1,200,233. Shift4 Payments has a fifty-two week low of $48.58 and a fifty-two week high of $104.11. The stock has a market cap of $4.16 billion, a P/E ratio of -49.19 and a beta of 2.00. The company’s fifty day moving average is $57.64 and its 200 day moving average is $75.14. The company has a debt-to-equity ratio of 3.99, a quick ratio of 8.25 and a current ratio of 8.27.

In other news, insider Jordan Frankel sold 1,322 shares of the company’s stock in a transaction on Monday, December 13th. The shares were sold at an average price of $54.41, for a total value of $71,930.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 12.20% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Captrust Financial Advisors raised its position in shares of Shift4 Payments by 142.9% during the third quarter. Captrust Financial Advisors now owns 425 shares of the company’s stock valued at $33,000 after buying an additional 250 shares during the last quarter. Covington Capital Management grew its holdings in shares of Shift4 Payments by 328.6% in the second quarter. Covington Capital Management now owns 750 shares of the company’s stock valued at $70,000 after purchasing an additional 575 shares in the last quarter. SG3 Management LLC purchased a new position in Shift4 Payments during the second quarter worth $70,000. US Bancorp DE boosted its stake in Shift4 Payments by 747.8% during the second quarter. US Bancorp DE now owns 958 shares of the company’s stock worth $90,000 after buying an additional 845 shares during the period. Finally, Pinz Capital Management LP purchased a new position in Shift4 Payments during the second quarter worth $94,000. Hedge funds and other institutional investors own 71.40% of the company’s stock.

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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