Shift4 Payments (NYSE:FOUR) Reaches New 1-Year Low – Here’s Why

Shares of Shift4 Payments, Inc. (NYSE:FOUR) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $40.44 and last traded at $40.4060, with a volume of 304690 shares trading hands. The stock had previously closed at $42.24.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FOUR shares. Keefe, Bruyette & Woods cut their price target on shares of Shift4 Payments from $72.00 to $60.00 and set a “market perform” rating on the stock in a report on Friday, February 27th. Loop Capital set a $80.00 price target on shares of Shift4 Payments in a report on Thursday, December 11th. Wells Fargo & Company cut their price target on shares of Shift4 Payments from $77.00 to $55.00 and set an “equal weight” rating on the stock in a report on Friday, February 27th. DA Davidson cut their price target on shares of Shift4 Payments from $104.00 to $82.00 and set a “buy” rating on the stock in a report on Monday, March 2nd. Finally, The Goldman Sachs Group dropped their price objective on shares of Shift4 Payments from $81.00 to $56.00 and set a “neutral” rating on the stock in a research note on Monday, March 2nd. Twelve analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Shift4 Payments has a consensus rating of “Moderate Buy” and an average price target of $78.22.

Shift4 Payments Trading Down 2.3%

The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 39.19, a price-to-earnings-growth ratio of 0.44 and a beta of 1.60. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66. The company’s 50 day simple moving average is $51.00 and its two-hundred day simple moving average is $63.58.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings results on Thursday, February 26th. The company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.56 by $0.04. Shift4 Payments had a net margin of 2.84% and a return on equity of 39.27%. The company had revenue of $610.00 million for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the prior year, the business posted $1.35 EPS. Shift4 Payments’s quarterly revenue was up 50.6% on a year-over-year basis. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts expect that Shift4 Payments, Inc. will post 3.7 EPS for the current fiscal year.

Insider Activity at Shift4 Payments

In other Shift4 Payments news, major shareholder Jared Isaacman purchased 159,244 shares of the company’s stock in a transaction dated Friday, February 27th. The shares were bought at an average price of $44.15 per share, for a total transaction of $7,030,622.60. Following the purchase, the insider directly owned 1,321,207 shares in the company, valued at $58,331,289.05. This trade represents a 13.70% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last quarter, insiders have acquired 385,757 shares of company stock worth $17,666,153. Corporate insiders own 25.15% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in Shift4 Payments by 25.9% in the 4th quarter. GAMMA Investing LLC now owns 860 shares of the company’s stock valued at $54,000 after buying an additional 177 shares during the last quarter. Marex Group plc grew its stake in Shift4 Payments by 6.0% in the 4th quarter. Marex Group plc now owns 3,487 shares of the company’s stock valued at $220,000 after buying an additional 196 shares during the last quarter. Parallel Advisors LLC grew its stake 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 worth $35,000 after purchasing an additional 217 shares during the last quarter. Finally, Glenmede Investment Management LP grew its position in 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 purchasing an additional 222 shares during the last quarter. 98.87% of the stock is currently 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.