Shift4 Payments (NYSE:FOUR) Trading 6.7% Higher – Still a Buy?

Shift4 Payments, Inc. (NYSE:FOUR)’s stock price was up 6.7% during trading on Wednesday . The company traded as high as $44.10 and last traded at $43.8190. 422,301 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 1,974,296 shares. The stock had previously closed at $41.08.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets set a $46.00 target price on Shift4 Payments in a research note on Friday, August 7th. B. Riley Financial decreased their target price on shares of Shift4 Payments from $120.00 to $96.00 and set a “buy” rating on the stock in a research note on Monday, August 24th. Morgan Stanley set a $46.00 price target on shares of Shift4 Payments in a report on Friday, August 7th. DA Davidson dropped their price target on shares of Shift4 Payments from $74.00 to $68.00 and set a “buy” rating for the company in a research report on Monday, August 10th. Finally, BTIG Research cut their price target on shares of Shift4 Payments from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Eleven analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $60.24.

Shift4 Payments Price Performance

The company has a market cap of $3.47 billion, a PE ratio of 73.23, a price-to-earnings-growth ratio of 0.55 and a beta of 1.38. The business has a 50 day moving average of $48.29 and a 200 day moving average of $46.29. The company has a debt-to-equity ratio of 2.59, a current ratio of 1.21 and a quick ratio of 1.21.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.32 EPS for the quarter, topping the consensus estimate of $1.26 by $0.06. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. During the same period in the prior year, the business earned $1.10 EPS. The company’s revenue for the quarter was up 50.9% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. As a group, research analysts predict that Shift4 Payments, Inc. will post 4.33 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in FOUR. California State Teachers Retirement System boosted its stake in Shift4 Payments by 3,922.5% during the second quarter. California State Teachers Retirement System now owns 2,823,406 shares of the company’s stock worth $137,330,000 after acquiring an additional 2,753,215 shares in the last quarter. Wasatch Advisors LP increased its holdings in shares of Shift4 Payments by 16.4% in the 2nd quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after purchasing an additional 890,990 shares in the last quarter. Bank of Montreal Can raised its position in Shift4 Payments by 3,048.9% in the 4th quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock worth $54,938,000 after buying an additional 844,746 shares during the last quarter. Norges Bank purchased a new position in Shift4 Payments in the 4th quarter worth about $51,635,000. Finally, Marshall Wace LLP lifted its stake in Shift4 Payments by 97.2% during the 4th quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock valued at $104,246,000 after acquiring an additional 816,155 shares during the period. Hedge funds and other institutional investors own 98.87% of the company’s stock.

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.