Shift4 Payments (NYSE:FOUR) Hits New 1-Year Low – Should You Sell?

Shift4 Payments, Inc. (NYSE:FOUR)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $55.83 and last traded at $55.9070, with a volume of 217714 shares traded. The stock had previously closed at $58.50.

Analysts Set New Price Targets

FOUR has been the topic of a number of research analyst reports. The Goldman Sachs Group cut their price objective on shares of Shift4 Payments from $95.00 to $83.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Loop Capital set a $80.00 price objective on Shift4 Payments in a research note on Thursday, December 11th. DA Davidson set a $104.00 target price on shares of Shift4 Payments in a research report on Thursday, December 18th. Mizuho cut their target price on shares of Shift4 Payments from $102.00 to $90.00 and set an “outperform” rating on the stock in a report on Monday, December 22nd. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $90.00 price target on shares of Shift4 Payments in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $92.25.

Shift4 Payments Trading Down 7.9%

The stock has a market cap of $4.78 billion, a PE ratio of 25.31, a PEG ratio of 0.51 and a beta of 1.66. The company has a debt-to-equity ratio of 3.27, a quick ratio of 1.38 and a current ratio of 1.38. The business has a 50-day moving average of $65.74 and a 200 day moving average of $77.02.

Shift4 Payments (NYSE:FOUR) last announced its earnings results on Thursday, November 6th. The company reported $1.47 earnings per share for the quarter, missing the consensus estimate of $1.50 by ($0.03). The business had revenue of $1.18 billion for the quarter, compared to the consensus estimate of $1.19 billion. Shift4 Payments had a net margin of 5.02% and a return on equity of 40.19%. The firm’s revenue was up 61.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.04 EPS. Equities research analysts predict that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Insider Activity at Shift4 Payments

In related news, CEO David Taylor Lauber sold 12,000 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $69.00, for a total transaction of $828,000.00. Following the completion of the sale, the chief executive officer owned 273,588 shares in the company, valued at $18,877,572. This represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider James J. Whalen sold 1,438 shares of the company’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $71.50, for a total transaction of $102,817.00. Following the transaction, the insider owned 54,736 shares of the company’s stock, valued at approximately $3,913,624. The trade was a 2.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 18,438 shares of company stock worth $1,278,317. 25.15% of the stock is owned by insiders.

Institutional Investors Weigh In On Shift4 Payments

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FOUR. Allworth Financial LP increased its position in shares of Shift4 Payments by 410.9% during the second quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after acquiring an additional 226 shares in the last quarter. Advisors Asset Management Inc. lifted its stake 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 acquiring an additional 217 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Shift4 Payments by 148.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock worth $41,000 after acquiring an additional 314 shares during the last quarter. Vestcor Inc bought a new position in Shift4 Payments in the third quarter valued at $45,000. Finally, Johnson Financial Group Inc. increased its position in shares of Shift4 Payments by 282.2% in the third quarter. Johnson Financial Group Inc. now owns 646 shares of the company’s stock valued at $50,000 after acquiring an additional 477 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

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.