Shift4 Payments (NYSE:FOUR) Shares Up 10.9% – What’s Next?

Shift4 Payments, Inc. (NYSE:FOUR)’s stock price shot up 10.9% during trading on Tuesday . The company traded as high as $47.49 and last traded at $48.8350. 448,742 shares changed hands during trading, a decline of 81% from the average session volume of 2,412,613 shares. The stock had previously closed at $44.03.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Mizuho decreased their target price on Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a research note on Monday, December 22nd. Benchmark reduced their price objective on shares of Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Wells Fargo & Company dropped their target price on shares of Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating for the company in a research report on Friday, February 27th. Truist Financial set a $71.00 price target on shares of Shift4 Payments in a report on Tuesday, January 20th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $67.00 price objective on shares of Shift4 Payments in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $79.89.

Shift4 Payments Stock Down 7.6%

The business’s 50 day simple moving average is $54.33 and its 200 day simple moving average is $66.14. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 4.66. The firm has a market capitalization of $3.94 billion, a PE ratio of 46.21, a PEG ratio of 0.41 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 (EPS) for the quarter, beating the consensus estimate 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 $610.00 million for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period in the prior year, the company earned $1.35 EPS. The business’s revenue 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. On average, equities research analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Insider Activity

In related news, major shareholder Jared Isaacman bought 43,827 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was purchased at an average price of $45.75 per share, for a total transaction of $2,005,085.25. Following the acquisition, the insider owned 1,410,727 shares in the company, valued at $64,540,760.25. This trade represents a 3.21% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last three months, insiders purchased 385,757 shares of company stock valued at $17,666,153. 25.15% of the stock is owned by company insiders.

Institutional Trading of Shift4 Payments

A number of institutional investors have recently bought and sold shares of the stock. CIBC Bancorp USA Inc. bought a new position in Shift4 Payments during the third quarter valued at $77,303,000. Wasatch Advisors LP lifted 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 acquiring an additional 890,990 shares during the last quarter. Bank of Montreal Can boosted its stake in shares of Shift4 Payments by 3,048.9% during the 4th quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock worth $54,938,000 after purchasing an additional 844,746 shares during the period. Norges Bank purchased a new position in shares of Shift4 Payments during the 4th quarter worth about $51,635,000. Finally, Marshall Wace LLP grew its holdings 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 purchasing an additional 816,155 shares during the last quarter. 98.87% of the stock is currently 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.