BTIG Research Issues Pessimistic Forecast for Shift4 Payments (NYSE:FOUR) Stock Price

Shift4 Payments (NYSE:FOUR) had its price target lowered by equities researchers at BTIG Research from $80.00 to $70.00 in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The firm currently has a “buy” rating on the stock. BTIG Research’s price objective points to a potential upside of 45.89% from the company’s previous close.

Other analysts have also issued reports about the stock. The Goldman Sachs Group lowered their price objective on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating for the company in a report on Monday, March 2nd. Truist Financial set a $71.00 target price on Shift4 Payments in a research report on Tuesday, January 20th. DA Davidson lowered their target price on Shift4 Payments from $104.00 to $82.00 and set a “buy” rating for the company in a research note on Monday, March 2nd. Oppenheimer dropped their price target on Shift4 Payments from $112.00 to $98.00 and set an “outperform” rating on the stock in a research report on Monday, January 12th. Finally, Benchmark reduced their price target on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, Shift4 Payments currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.89.

Shift4 Payments Trading Down 2.1%

NYSE:FOUR opened at $47.98 on Thursday. The company has a 50-day moving average price of $59.42 and a 200-day moving average price of $70.31. Shift4 Payments has a 12 month low of $43.32 and a 12 month high of $108.50. The company has a current ratio of 1.66, a quick ratio of 1.38 and a debt-to-equity ratio of 4.66. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 45.70, a P/E/G ratio of 0.39 and a beta of 1.65.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the firm posted $1.35 EPS. The company’s revenue for the quarter was up 50.6% compared to the same quarter last year. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Equities analysts predict that Shift4 Payments will post 3.7 EPS for the current year.

Insider Activity

In other news, Director Nancy Disman sold 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $69.50, for a total value of $347,500.00. Following the sale, the director directly owned 130,420 shares of the company’s stock, valued at $9,064,190. The trade was a 3.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Jared Isaacman purchased 159,244 shares of the business’s stock in a transaction that occurred on Friday, February 27th. The stock was bought at an average price of $44.15 per share, for a total transaction of $7,030,622.60. Following the purchase, the insider directly owned 1,321,207 shares in the company, valued at $58,331,289.05. The trade was a 13.70% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders acquired 341,930 shares of company stock worth $15,661,068. Insiders own 25.15% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

Hedge funds have recently added to or reduced their stakes in the stock. Wasatch Advisors LP increased its holdings in shares of Shift4 Payments by 10.1% during the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock valued at $426,869,000 after acquiring an additional 621,797 shares in the last quarter. Durable Capital Partners LP boosted its stake in Shift4 Payments by 12.6% in the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after purchasing an additional 745,650 shares in the last quarter. Darlington Partners Capital Management LP grew its position in Shift4 Payments by 2.1% during the 3rd quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock valued at $392,552,000 after purchasing an additional 105,320 shares during the last quarter. Ensign Peak Advisors Inc grew its position in Shift4 Payments by 7.7% during the 4th quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock valued at $166,482,000 after purchasing an additional 188,594 shares during the last quarter. Finally, Jennison Associates LLC increased its stake in Shift4 Payments by 25.6% during the 3rd quarter. Jennison Associates LLC now owns 2,056,056 shares of the company’s stock valued at $159,139,000 after purchasing an additional 419,132 shares in the last quarter. 98.87% of the stock is owned by institutional investors.

About Shift4 Payments

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.