Shift4 Payments (NYSE:FOUR) Trading Down 7.5% – Time to Sell?

Shift4 Payments, Inc. (NYSE:FOUR)’s share price fell 7.5% during mid-day trading on Wednesday . The stock traded as low as $47.95 and last traded at $47.3270. 159,731 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 2,087,427 shares. The stock had previously closed at $51.16.

Analysts Set New Price Targets

Several equities analysts have issued reports on FOUR shares. Zacks Research upgraded shares of Shift4 Payments from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. BTIG Research reiterated a “buy” rating and set a $70.00 price target on shares of Shift4 Payments in a report on Thursday, May 7th. Stephens cut shares of Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price objective on the stock. in a research note on Friday, April 17th. Raymond James Financial downgraded Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price objective for the company. in a report on Thursday, March 26th. Finally, DA Davidson lowered their target price on Shift4 Payments from $82.00 to $74.00 and set a “buy” rating for the company in a research report on Tuesday, May 12th. Ten equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Shift4 Payments currently has a consensus rating of “Hold” and an average target price of $68.29.

Shift4 Payments Trading Down 7.5%

The stock has a market cap of $3.75 billion, a P/E ratio of 56.26, a price-to-earnings-growth ratio of 0.56 and a beta of 1.41. The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.22 and a current ratio of 1.22. The firm’s fifty day simple moving average is $43.04 and its 200-day simple moving average is $50.47.

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 firm had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. During the same period in the prior year, the company 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. Equities research analysts expect that Shift4 Payments, Inc. will post 4.77 EPS for the current fiscal year.

Insider Buying and Selling

In other Shift4 Payments news, major shareholder Jared Isaacman purchased 193,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average cost of $40.66 per share, for a total transaction of $7,847,380.00. Following the acquisition, the insider owned 1,787,455 shares in the company, valued at approximately $72,677,920.30. The trade was a 12.10% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.54% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wasatch Advisors LP increased its holdings in Shift4 Payments by 10.1% in the fourth quarter. Wasatch Advisors LP now owns 6,778,925 shares of the company’s stock worth $426,869,000 after purchasing an additional 621,797 shares in the last quarter. Durable Capital Partners LP boosted its holdings in shares of Shift4 Payments by 12.6% during the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after buying an additional 745,650 shares in the last quarter. Darlington Partners Capital Management LP boosted its holdings in shares of Shift4 Payments by 2.1% during the 3rd quarter. Darlington Partners Capital Management LP now owns 5,071,725 shares of the company’s stock worth $392,552,000 after buying an additional 105,320 shares in the last quarter. Ensign Peak Advisors Inc grew its position in shares of Shift4 Payments by 7.7% during the 4th quarter. Ensign Peak Advisors Inc now owns 2,643,829 shares of the company’s stock worth $166,482,000 after buying an additional 188,594 shares during the period. Finally, Spyglass Capital Management LLC increased its stake in shares of Shift4 Payments by 3.1% in the 1st quarter. Spyglass Capital Management LLC now owns 1,751,140 shares of the company’s stock valued at $76,577,000 after acquiring an additional 53,220 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.