Shift4 Payments, Inc. (NYSE:FOUR) Stock Has Consensus Price Target of $54.32

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have earned an average recommendation of “Hold” from the twenty-three ratings firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $54.36.

FOUR has been the topic of several recent research reports. BMO Capital Markets set a $46.00 price target on shares of Shift4 Payments in a research report on Friday, August 7th. Royal Bank Of Canada cut their price objective on shares of Shift4 Payments from $67.00 to $49.00 and set an “outperform” rating for the company in a research report on Friday, November 6th. UBS Group decreased their target price on Shift4 Payments from $60.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Truist Financial lifted their target price on Shift4 Payments from $42.00 to $43.00 and gave the company a “hold” rating in a research report on Thursday. Finally, B. Riley Financial reissued a “buy” rating and set a $77.00 price target (down from $94.00) on shares of Shift4 Payments in a report on Friday, November 6th.

Hedge Funds Weigh In On Shift4 Payments

Hedge funds have recently modified their holdings of the company. Glenmede Trust Co. NA raised its holdings in Shift4 Payments by 6.0% in the 1st quarter. Glenmede Trust Co. NA now owns 4,786 shares of the company’s stock worth $209,000 after acquiring an additional 270 shares during the period. State of Michigan Retirement System increased its stake in shares of Shift4 Payments by 1.9% in the first quarter. State of Michigan Retirement System now owns 16,300 shares of the company’s stock worth $713,000 after purchasing an additional 300 shares during the period. Oregon Public Employees Retirement Fund increased its stake in shares of Shift4 Payments by 3.0% in the first quarter. Oregon Public Employees Retirement Fund now owns 13,900 shares of the company’s stock worth $608,000 after purchasing an additional 400 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Shift4 Payments by 3.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 15,697 shares of the company’s stock worth $568,000 after purchasing an additional 539 shares during the last quarter. Finally, Versant Capital Management Inc acquired a new position in shares of Shift4 Payments during the 2nd quarter worth about $34,000. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Trading Up 7.9%

NYSE:FOUR opened at $44.79 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 3.07. Shift4 Payments has a 12 month low of $34.56 and a 12 month high of $75.35. The company has a market cap of $3.36 billion, a PE ratio of 55.98, a price-to-earnings-growth ratio of 0.71 and a beta of 1.50. The company has a 50 day simple moving average of $40.37 and a two-hundred day simple moving average of $45.46.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, November 5th. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.36 by $0.13. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $652.39 million. Shift4 Payments had a return on equity of 25.42% and a net margin of 2.34%. Shift4 Payments’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.47 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.050-5.150 EPS. Research analysts forecast that Shift4 Payments will post 4.11 earnings per share for the current year.

About Shift4 Payments

Shift4 Payments, Inc. provides payment processing and commerce technology for businesses. Its platform supports transactions made in person, online and through mobile channels, combining payment acceptance and processing with tools for managing sales and operations. The company serves merchants in industries including restaurants, hotels, retail, entertainment and sports venues. Its offerings include point-of-sale systems, payment gateways and related software, such as its SkyTab restaurant technology platform.