Shift4 Payments (NYSE:FOUR) Stock Price Up 7% – What’s Next?

Shares of Shift4 Payments, Inc. (NYSE:FOUR) shot up 7% during trading on Wednesday . The stock traded as high as $53.20 and last traded at $53.5090. Approximately 520,399 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 2,053,342 shares. The stock had previously closed at $50.01.

Analyst Ratings Changes

Several research firms recently issued reports on FOUR. Keefe, Bruyette & Woods increased their price target on shares of Shift4 Payments from $50.00 to $52.00 and gave the stock a “market perform” rating in a report 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. Zacks Research upgraded Shift4 Payments from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Evercore set a $45.00 target price on Shift4 Payments in a research note on Monday, May 18th. Finally, Loop Capital began coverage on Shift4 Payments in a report on Wednesday, June 24th. They issued a “hold” rating and a $40.00 price target for the company. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $68.24.

Shift4 Payments Price Performance

The company has a debt-to-equity ratio of 2.55, a current ratio of 1.22 and a quick ratio of 1.22. The company’s 50 day moving average is $43.82 and its 200 day moving average is $49.74. The stock has a market cap of $4.11 billion, a price-to-earnings ratio of 61.74, a PEG ratio of 0.55 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 for the quarter, missing the consensus estimate of $0.99 by ($0.02). Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. During the same quarter in the previous year, the company posted $1.07 earnings per share. The company’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. Research analysts forecast that Shift4 Payments, Inc. will post 4.77 earnings per share for the current fiscal year.

Insider Activity at Shift4 Payments

In other news, major shareholder Jared Isaacman purchased 193,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were acquired at an average price of $40.66 per share, with a total value of $7,847,380.00. Following the purchase, the insider directly owned 1,787,455 shares of the company’s stock, valued at $72,677,920.30. The trade was a 12.10% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 1.54% of the stock is owned by company insiders.

Hedge Funds Weigh In On Shift4 Payments

Several hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC grew its holdings in 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 last quarter. Marex Group plc increased its position in shares of Shift4 Payments by 6.0% in the fourth quarter. Marex Group plc now owns 3,487 shares of the company’s stock valued at $220,000 after buying an additional 196 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of Shift4 Payments by 5.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock worth $313,000 after buying an additional 214 shares during the last quarter. Advisors Asset Management Inc. raised its stake in shares of Shift4 Payments by 100.0% during 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 last quarter. Finally, Glenmede Investment Management LP boosted its position in shares of Shift4 Payments by 5.1% in the 3rd quarter. Glenmede Investment Management LP now owns 4,565 shares of the company’s stock worth $353,000 after buying an additional 222 shares in the last quarter. 98.87% of the stock is owned by institutional investors and hedge funds.

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.