Shift4 Payments, Inc. (NYSE:FOUR – Get Rating) has earned an average rating of "Moderate Buy" from the fifteen analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating on the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $61.87.
A number of equities analysts have issued reports on the company. Piper Sandler cut their target price on Shift4 Payments from $70.00 to $44.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 6th. Truist Financial cut their target price on Shift4 Payments from $80.00 to $55.00 and set a "buy" rating on the stock in a research report on Thursday, June 30th. UBS Group assumed coverage on Shift4 Payments in a research report on Wednesday, September 14th. They issued a "buy" rating and a $60.00 target price on the stock. Credit Suisse Group upped their target price on Shift4 Payments to $60.00 in a research report on Tuesday, August 9th. Finally, Royal Bank of Canada cut their target price on Shift4 Payments from $77.00 to $65.00 in a research report on Tuesday, July 19th.
Get Shift4 Payments alerts:Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of FOUR. Crewe Advisors LLC bought a new position in Shift4 Payments during the second quarter valued at about $29,000. Elequin Capital LP bought a new position in Shift4 Payments during the first quarter valued at about $30,000. Neo Ivy Capital Management bought a new position in Shift4 Payments during the second quarter valued at about $34,000. Captrust Financial Advisors boosted its stake in Shift4 Payments by 419.7% during the second quarter. Captrust Financial Advisors now owns 1,502 shares of the company's stock valued at $50,000 after buying an additional 1,213 shares in the last quarter. Finally, Asset Management One Co. Ltd. boosted its stake in Shift4 Payments by 47.6% during the second quarter. Asset Management One Co. Ltd. now owns 1,669 shares of the company's stock valued at $55,000 after buying an additional 538 shares in the last quarter. Institutional investors own 68.34% of the company's stock.
Shift4 Payments Price Performance
Shares of NYSE:FOUR opened at $44.61 on Monday. The company has a debt-to-equity ratio of 6.50, a quick ratio of 4.66 and a current ratio of 4.66. Shift4 Payments has a 1 year low of $29.39 and a 1 year high of $82.84. The stock has a market capitalization of $3.76 billion, a P/E ratio of -148.70 and a beta of 1.72. The stock has a 50-day simple moving average of $44.63 and a 200-day simple moving average of $45.82.Shift4 Payments (NYSE:FOUR – Get Rating) last released its quarterly earnings results on Thursday, August 4th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.11. The firm had revenue of $506.70 million during the quarter, compared to analysts' expectations of $476.34 million. Shift4 Payments had a positive return on equity of 6.81% and a negative net margin of 0.94%. Shift4 Payments's quarterly revenue was up 44.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.08 EPS. Equities analysts forecast that Shift4 Payments will post 0.77 earnings per share for the current year.
Shift4 Payments Company Profile
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Shift4 Payments, Inc (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.
Further Reading
- Get a free copy of the StockNews.com research report on Shift4 Payments (FOUR)
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