Shift4 Payments, Inc. (NYSE:FOUR) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Shift4 Payments, Inc. (NYSE:FOUR) have been assigned an average recommendation of “Moderate Buy” from the twenty brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $84.95.

Several equities analysts have commented on the company. Benchmark reissued a “buy” rating and set a $99.00 price objective on shares of Shift4 Payments in a research report on Tuesday, March 19th. Morgan Stanley raised their price objective on Shift4 Payments from $60.00 to $70.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 28th. Piper Sandler reissued an “overweight” rating and set a $93.00 price objective on shares of Shift4 Payments in a research report on Wednesday, February 28th. DA Davidson reaffirmed a “buy” rating and issued a $96.00 price target on shares of Shift4 Payments in a research report on Wednesday, February 28th. Finally, Evercore ISI lowered their price target on Shift4 Payments from $110.00 to $105.00 and set an “outperform” rating for the company in a research report on Wednesday, February 28th.

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $59.38 on Tuesday. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 2.02. The firm has a market capitalization of $5.12 billion, a price-to-earnings ratio of 41.82, a PEG ratio of 0.92 and a beta of 1.59. The stock has a fifty day moving average of $69.48 and a 200 day moving average of $67.85. Shift4 Payments has a 52 week low of $42.91 and a 52 week high of $92.30.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Tuesday, February 27th. The company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.05). The firm had revenue of $269.30 million for the quarter, compared to analysts’ expectations of $278.85 million. Shift4 Payments had a net margin of 3.36% and a return on equity of 27.35%. As a group, research analysts expect that Shift4 Payments will post 2.84 earnings per share for the current year.

Insider Buying and Selling at Shift4 Payments

In other Shift4 Payments news, insider David Taylor Lauber sold 15,000 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $80.15, for a total transaction of $1,202,250.00. Following the completion of the sale, the insider now directly owns 243,880 shares in the company, valued at approximately $19,546,982. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 32.14% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

A number of large investors have recently made changes to their positions in FOUR. SG Americas Securities LLC grew its stake in shares of Shift4 Payments by 14.8% during the 3rd quarter. SG Americas Securities LLC now owns 16,355 shares of the company’s stock valued at $906,000 after purchasing an additional 2,105 shares during the period. Xponance Inc. grew its stake in shares of Shift4 Payments by 4.2% during the 3rd quarter. Xponance Inc. now owns 7,904 shares of the company’s stock valued at $438,000 after acquiring an additional 322 shares during the period. Bailard Inc. grew its stake in shares of Shift4 Payments by 20.4% during the 3rd quarter. Bailard Inc. now owns 74,482 shares of the company’s stock valued at $4,124,000 after acquiring an additional 12,640 shares during the period. Strs Ohio grew its stake in shares of Shift4 Payments by 22.6% during the 3rd quarter. Strs Ohio now owns 12,703 shares of the company’s stock valued at $703,000 after acquiring an additional 2,338 shares during the period. Finally, Deepwater Asset Management LLC grew its stake in shares of Shift4 Payments by 190.8% during the 3rd quarter. Deepwater Asset Management LLC now owns 194,061 shares of the company’s stock valued at $10,745,000 after acquiring an additional 127,329 shares during the period. 98.87% of the stock is currently owned by institutional investors.

About Shift4 Payments

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.