Shift4 Payments (NYSE:FOUR) Stock Price Breaks Above Fifty Day Moving Average – Time to Sell?

Shift4 Payments, Inc. (NYSE:FOUR) shares passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $40.57 and traded as high as $43.12. Shift4 Payments shares last traded at $42.0870, with a volume of 1,963,465 shares traded.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. B. Riley Financial cut their price objective on shares of Shift4 Payments from $96.00 to $94.00 and set a “buy” rating for the company in a research report on Tuesday, October 6th. Raymond James Financial reduced their price objective on Shift4 Payments from $51.00 to $50.00 and set an “outperform” rating for the company in a research note on Tuesday, October 13th. Truist Financial decreased their target price on Shift4 Payments from $49.00 to $42.00 and set a “hold” rating on the stock in a report on Friday, October 23rd. The Goldman Sachs Group set a $48.00 target price on Shift4 Payments in a research report on Friday, August 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $67.00 price target on shares of Shift4 Payments in a report on Friday, September 11th. Eleven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $56.36.

Shift4 Payments Stock Performance

The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59. The company has a market cap of $3.32 billion, a P/E ratio of 70.15, a PEG ratio of 0.62 and a beta of 1.39. The business’s 50 day simple moving average is $40.57 and its 200 day simple moving average is $46.40.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.06. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The company’s revenue was up 50.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. Sell-side analysts predict that Shift4 Payments, Inc. will post 4.11 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. CenterBook Partners LP bought a new position in shares of Shift4 Payments during the third quarter worth $411,000. Bfsg LLC increased its holdings in Shift4 Payments by 20.1% in the 3rd quarter. Bfsg LLC now owns 6,810 shares of the company’s stock valued at $246,000 after acquiring an additional 1,140 shares during the last quarter. ARGA Investment Management LP increased its holdings in Shift4 Payments by 239.9% in the 3rd quarter. ARGA Investment Management LP now owns 24,604 shares of the company’s stock valued at $890,000 after acquiring an additional 17,366 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in Shift4 Payments by 33.8% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 9,207 shares of the company’s stock valued at $333,000 after acquiring an additional 2,325 shares during the last quarter. Finally, Annex Advisory Services LLC purchased a new stake in Shift4 Payments in the 3rd quarter worth $1,500,000. Institutional investors own 98.87% of the company’s stock.

About Shift4 Payments

Shift4 Payments, Inc (NYSE: FOUR) is a payment technology company that provides integrated commerce solutions for businesses and organizations. Its platform supports payment acceptance across in-person, online and mobile channels, combining payment processing with point-of-sale, commerce management and reporting tools.

The company serves merchants and enterprises in industries including restaurants, hospitality, hotels, sports and entertainment venues, gaming, retail and e-commerce. Its offerings include payment gateways, point-of-sale systems, mobile and contactless payment capabilities, fraud prevention, chargeback management and business analytics.