Shift4 Payments (NYSE:FOUR) Research Coverage Started at Bank of America

Bank of America started coverage on shares of Shift4 Payments (NYSE:FOUR) in a research report report published on Thursday, Marketbeat reports. The firm issued a neutral rating and a $42.00 price objective on the stock.

Several other equities research analysts have also commented on FOUR. Wells Fargo & Company upgraded Shift4 Payments from an “equal weight” rating to an “overweight” rating and upped their target price for the company from $55.00 to $59.00 in a research report on Tuesday, August 25th. Truist Financial lowered their target price on Shift4 Payments from $50.00 to $49.00 and set a “hold” rating for the company in a report on Thursday, August 27th. Mizuho dropped their price target on Shift4 Payments from $55.00 to $46.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. BTIG Research cut their price target on Shift4 Payments from $60.00 to $50.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, DA Davidson cut their price target on Shift4 Payments from $74.00 to $68.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Eleven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $56.68.

Shift4 Payments Stock Performance

Shares of Shift4 Payments stock opened at $39.47 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59. The business has a 50-day moving average price of $41.94 and a two-hundred day moving average price of $44.15. Shift4 Payments has a 1-year low of $34.56 and a 1-year high of $77.50. The company has a market cap of $3.12 billion, a P/E ratio of 65.78, a PEG ratio of 0.57 and a beta of 1.39.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.06. The firm had revenue of $1.29 billion during the quarter, compared to analyst estimates of $615.65 million. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%. The business’s quarterly revenue was up 50.9% on a year-over-year basis. During the same period last year, the company posted $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. As a group, analysts anticipate that Shift4 Payments will post 4.16 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Rice Hall James & Associates LLC increased its holdings in Shift4 Payments by 27.7% in the 1st quarter. Rice Hall James & Associates LLC now owns 847,726 shares of the company’s stock worth $37,071,000 after acquiring an additional 183,938 shares during the last quarter. Schwartz Investment Counsel Inc. lifted its holdings in Shift4 Payments by 55.5% during the first quarter. Schwartz Investment Counsel Inc. now owns 445,691 shares of the company’s stock valued at $19,490,000 after purchasing an additional 159,000 shares during the last quarter. Spyglass Capital Management LLC lifted its holdings in Shift4 Payments by 4.7% during the second quarter. Spyglass Capital Management LLC now owns 1,833,803 shares of the company’s stock valued at $89,196,000 after purchasing an additional 82,663 shares during the last quarter. Mariner Investment Group LLC boosted its position in Shift4 Payments by 177.8% during the fourth quarter. Mariner Investment Group LLC now owns 125,000 shares of the company’s stock worth $7,871,000 after purchasing an additional 80,000 shares during the period. Finally, Readystate Asset Management LP boosted its position in Shift4 Payments by 530.2% during the second quarter. Readystate Asset Management LP now owns 86,082 shares of the company’s stock worth $4,187,000 after purchasing an additional 72,422 shares during the period. Institutional investors and hedge funds own 98.87% of the company’s stock.

About Shift4 Payments

Shift4 Payments, Inc provides integrated payment processing and commerce technology for businesses worldwide. The company enables merchants to accept payments through in-person, online and mobile channels, offering services that can include payment gateways, acquiring, transaction processing, fraud prevention and reporting.

Shift4’s platform is designed to combine payments with business-management tools and point-of-sale systems. Its solutions support industries such as restaurants, hospitality, retail, sports and entertainment, gaming, e-commerce and other organizations that require unified payment and commerce capabilities.