Shift4 Payments (NYSE:FOUR) Trading Up 7.8% – Time to Buy?

Shift4 Payments, Inc. (NYSE:FOUR)’s share price was up 7.8% during mid-day trading on Wednesday . The stock traded as high as $42.25 and last traded at $41.6760. Approximately 207,892 shares were traded during mid-day trading, a decline of 90% from the average session volume of 2,108,417 shares. The stock had previously closed at $38.67.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Capital One Financial set a $50.00 price target on shares of Shift4 Payments in a research note on Tuesday, April 21st. Wolfe Research lowered Shift4 Payments from an “outperform” rating to a “peer perform” rating in a report on Wednesday, April 15th. Royal Bank Of Canada dropped their price objective on Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating on the stock in a report on Friday, May 8th. Benchmark cut their target price on Shift4 Payments from $100.00 to $67.00 and set a “buy” rating on the stock in a research report on Monday, March 2nd. Finally, Raymond James Financial downgraded Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 target price for the company. in a report on Thursday, March 26th. Ten research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $70.19.

Shift4 Payments Stock Performance

The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.55. The stock has a market cap of $3.41 billion, a price-to-earnings ratio of 51.21, a PEG ratio of 0.42 and a beta of 1.43. The stock’s 50 day moving average is $42.89 and its two-hundred day moving average is $51.79.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.02). Shift4 Payments had a net margin of 2.63% and a return on equity of 33.55%. The business had revenue of $1.12 billion during the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the prior year, the firm posted $1.07 earnings per share. The company’s revenue for the quarter 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. Analysts anticipate that Shift4 Payments, Inc. will post 4.75 earnings per share for the current fiscal year.

Insider Transactions at Shift4 Payments

In related news, major shareholder Jared Isaacman purchased 195,500 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average price of $41.41 per share, for a total transaction of $8,095,655.00. Following the transaction, the insider directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 1.54% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of FOUR. GAMMA Investing LLC increased its holdings in shares of Shift4 Payments by 25.9% in the fourth quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock valued at $54,000 after purchasing an additional 177 shares during the period. Marex Group plc lifted its holdings in shares of Shift4 Payments by 6.0% during the fourth quarter. Marex Group plc now owns 3,487 shares of the company’s stock worth $220,000 after purchasing an additional 196 shares during the period. Parallel Advisors LLC grew its position in Shift4 Payments by 5.6% in the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock valued at $313,000 after buying an additional 214 shares during the last quarter. Advisors Asset Management Inc. grew its position in Shift4 Payments by 100.0% in the 1st quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after buying an additional 217 shares during the last quarter. Finally, Glenmede Investment Management LP increased its stake in Shift4 Payments by 5.1% in the 3rd quarter. Glenmede Investment Management LP now owns 4,565 shares of the company’s stock valued at $353,000 after buying an additional 222 shares during the period. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

Shift4 Payments Company Profile

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.