Shift4 Payments (NYSE:FOUR) Stock Price Down 7.5% – Here’s Why

Shift4 Payments, Inc. (NYSE:FOUR)’s share price fell 7.5% during trading on Wednesday . The company traded as low as $47.95 and last traded at $47.3270. Approximately 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.

Analyst Ratings Changes

A number of brokerages have recently weighed in on FOUR. Stephens lowered Shift4 Payments from an “overweight” rating to an “equal weight” rating and set a $50.00 price target on the stock. in a research note on Friday, April 17th. Royal Bank Of Canada lowered their target price on shares of Shift4 Payments from $73.00 to $65.00 and set an “outperform” rating for the company in a research note on Friday, May 8th. The Goldman Sachs Group boosted their target price on shares of Shift4 Payments from $49.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday. Raymond James Financial downgraded shares of Shift4 Payments from a “strong-buy” rating to an “outperform” rating and set a $67.00 price objective for the company. in a research note on Thursday, March 26th. Finally, BTIG Research reissued a “buy” rating and set a $70.00 price objective on shares of Shift4 Payments in a report on Thursday, May 7th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $68.24.

Shift4 Payments Stock Performance

The company has a market capitalization of $3.90 billion, a PE ratio of 58.60, a PEG ratio of 0.52 and a beta of 1.41. The firm has a 50-day moving average of $43.16 and a two-hundred day moving average of $50.24. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 2.55.

Shift4 Payments (NYSE:FOUR) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.97 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.02). The company had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Shift4 Payments had a return on equity of 33.55% and a net margin of 2.63%.The company’s revenue for the quarter was up 49.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.07 EPS. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. Research analysts anticipate that Shift4 Payments, Inc. will post 4.77 EPS for the current year.

Insider Transactions at Shift4 Payments

In other news, major shareholder Jared Isaacman purchased 193,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of $40.66 per share, for a total transaction of $7,847,380.00. Following the completion of the transaction, the insider owned 1,787,455 shares in the company, valued at $72,677,920.30. This represents a 12.10% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 1.54% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

Several hedge funds have recently modified their holdings of the company. Wasatch Advisors LP raised its holdings in Shift4 Payments by 10.1% in the 4th 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 during the period. Durable Capital Partners LP increased its position in shares of Shift4 Payments by 12.6% in the second quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock valued at $660,612,000 after buying an additional 745,650 shares in the last quarter. Darlington Partners Capital Management LP raised its stake 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 during the period. Ensign Peak Advisors Inc lifted 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 valued at $166,482,000 after buying an additional 188,594 shares in the last quarter. Finally, Spyglass Capital Management LLC grew its stake in 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 during the period. 98.87% of the stock is owned by hedge funds and other institutional investors.

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.