Shift4 Payments (NYSE:FOUR) Given Buy Rating at BTIG Research

Shift4 Payments (NYSE:FOUR)‘s stock had its “buy” rating reiterated by analysts at BTIG Research in a research note issued on Thursday,Benzinga reports. They presently have a $70.00 price objective on the stock. BTIG Research’s price objective suggests a potential upside of 49.56% from the stock’s current price.

Several other research analysts have also weighed in on FOUR. Susquehanna cut their price objective on shares of Shift4 Payments from $115.00 to $101.00 and set a “positive” rating on the stock in a report on Thursday, January 8th. Seaport Research Partners lowered shares of Shift4 Payments from a “buy” rating to a “neutral” rating in a report on Thursday, April 16th. Keefe, Bruyette & Woods cut their price objective on shares of Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating on the stock in a report on Friday, February 27th. Wells Fargo & Company cut their price target on shares of Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating on the stock in a report on Friday, February 27th. Finally, Freedom Capital lowered shares of Shift4 Payments from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $72.76.

Shift4 Payments Trading Up 9.2%

Shares of Shift4 Payments stock traded up $3.93 during mid-day trading on Thursday, hitting $46.81. 2,113,000 shares of the stock were exchanged, compared to its average volume of 2,281,856. Shift4 Payments has a twelve month low of $39.90 and a twelve month high of $108.50. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 44.54, a price-to-earnings-growth ratio of 0.45 and a beta of 1.44. The company has a 50-day simple moving average of $46.05 and a 200 day simple moving average of $58.87. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.97 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.02). The firm had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.Shift4 Payments’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same period in the prior year, the business earned $1.07 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts forecast that Shift4 Payments will post 4.65 EPS for the current year.

Insider Buying and Selling

In other news, major shareholder Jared Isaacman acquired 159,244 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were bought at an average price of $44.15 per share, for a total transaction of $7,030,622.60. Following the completion of the purchase, the insider directly owned 1,321,207 shares of the company’s stock, valued at approximately $58,331,289.05. This trade represents a 13.70% increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have purchased a total of 385,757 shares of company stock valued at $17,666,153 in the last 90 days. Company insiders own 25.15% of the company’s stock.

Institutional Trading of Shift4 Payments

Hedge funds have recently made changes to their positions in the company. Advisors Asset Management Inc. raised its stake in shares of Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares during the period. Hantz Financial Services Inc. grew its position in shares of Shift4 Payments by 148.1% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after buying an additional 314 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Shift4 Payments during the fourth quarter worth approximately $43,000. Vestcor Inc acquired a new stake in shares of Shift4 Payments during the third quarter worth approximately $45,000. Finally, Summer Road LLC acquired a new stake in shares of Shift4 Payments during the fourth quarter worth 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.