Shift4 Payments (NYSE:FOUR) Trading 7.8% Higher – Here’s Why

Shares of Shift4 Payments, Inc. (NYSE:FOUR) rose 7.8% on Tuesday . The company traded as high as $53.75 and last traded at $53.8490. 483,714 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 1,980,448 shares. The stock had previously closed at $49.97.

Analysts Set New Price Targets

Several research firms have weighed in on FOUR. Truist Financial lifted their price target on shares of Shift4 Payments from $46.00 to $50.00 and gave the company a “hold” rating in a research note on Friday, July 24th. Evercore set a $45.00 target price on Shift4 Payments in a research report on Monday, May 18th. Royal Bank Of Canada dropped their price target on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a research note on Friday, May 8th. Wolfe Research lowered Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Finally, DA Davidson reduced their price objective on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Shift4 Payments presently has a consensus rating of “Hold” and a consensus price target of $68.43.

Shift4 Payments Stock Performance

The company’s 50-day moving average is $45.40 and its two-hundred day moving average is $48.85. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55. The company has a market cap of $4.23 billion, a P/E ratio of 63.40, a price-to-earnings-growth ratio of 0.60 and a beta of 1.41.

Shift4 Payments (NYSE:FOUR) last issued its 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). Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same quarter in the previous year, the firm earned $1.07 earnings per share. The business’s quarterly revenue was up 49.0% 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, Inc. will post 4.67 EPS for the current year.

Insider Buying and Selling at Shift4 Payments

In related news, major shareholder Jared Isaacman bought 195,500 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of $41.41 per share, for a total transaction of $8,095,655.00. Following the completion of the transaction, the insider owned 1,594,455 shares of the company’s stock, valued at approximately $66,026,381.55. The trade was a 13.97% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.54% of the company’s stock.

Institutional Trading of Shift4 Payments

A number of institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc bought a new stake in shares of Shift4 Payments in the second quarter worth about $34,000. Advisors Asset Management Inc. lifted its holdings in Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock worth $35,000 after buying an additional 217 shares during the period. Empowered Funds LLC bought a new stake in shares of Shift4 Payments in the 4th quarter worth approximately $43,000. Vestcor Inc bought a new stake in shares of Shift4 Payments in the 3rd quarter worth approximately $45,000. Finally, Summer Road LLC purchased a new position in shares of Shift4 Payments during the fourth quarter valued at approximately $47,000. 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.