Shift4 Payments’ (FOUR) Overweight Rating Reiterated at Stephens

Stephens reaffirmed their overweight rating on shares of Shift4 Payments (NYSE:FOUR) in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have a $125.00 target price on the stock.

A number of other analysts have also commented on FOUR. Piper Sandler reaffirmed an “overweight” rating and issued a $143.00 target price (up from $120.00) on shares of Shift4 Payments in a research report on Wednesday. Wells Fargo & Company lifted their price target on Shift4 Payments from $120.00 to $135.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. DA Davidson lifted their price target on Shift4 Payments from $118.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, November 14th. B. Riley boosted their target price on Shift4 Payments from $110.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. Finally, The Goldman Sachs Group boosted their target price on Shift4 Payments from $106.00 to $119.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Seven investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to MarketBeat, Shift4 Payments presently has an average rating of “Moderate Buy” and a consensus target price of $114.19.

Shift4 Payments Stock Down 4.0 %

Shares of FOUR opened at $94.95 on Wednesday. The company has a market capitalization of $8.55 billion, a PE ratio of 30.93, a PEG ratio of 1.09 and a beta of 1.72. Shift4 Payments has a 12 month low of $55.87 and a 12 month high of $127.50. The stock’s 50-day moving average price is $110.73 and its two-hundred day moving average price is $97.66. The company has a current ratio of 2.98, a quick ratio of 2.97 and a debt-to-equity ratio of 2.71.

Shift4 Payments (NYSE:FOUR) last posted its quarterly earnings data on Tuesday, February 18th. The company reported $1.22 earnings per share for the quarter, topping the consensus estimate of $1.16 by $0.06. Shift4 Payments had a return on equity of 29.38% and a net margin of 6.89%. The firm had revenue of $405.00 million during the quarter, compared to analyst estimates of $1 billion. On average, analysts anticipate that Shift4 Payments will post 3.7 EPS for the current year.

Insider Activity at Shift4 Payments

In other Shift4 Payments news, insider Jordan Frankel sold 5,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $99.01, for a total transaction of $495,050.00. Following the sale, the insider now owns 222,112 shares of the company’s stock, valued at $21,991,309.12. The trade was a 2.20 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider James J. Whalen sold 1,462 shares of the business’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $101.07, for a total transaction of $147,764.34. Following the sale, the insider now directly owns 37,089 shares in the company, valued at $3,748,585.23. The trade was a 3.79 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 11,462 shares of company stock worth $1,211,364. Insiders own 30.57% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

Hedge funds and other institutional investors have recently bought and sold shares of the business. Heck Capital Advisors LLC bought a new stake in Shift4 Payments during the 4th quarter valued at $26,000. Rakuten Securities Inc. increased its holdings in shares of Shift4 Payments by 153.9% in the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock worth $27,000 after purchasing an additional 157 shares during the period. Central Pacific Bank Trust Division bought a new position in shares of Shift4 Payments in the fourth quarter worth $28,000. UMB Bank n.a. bought a new position in shares of Shift4 Payments in the fourth quarter worth $29,000. Finally, Waldron Private Wealth LLC bought a new position in shares of Shift4 Payments in the third quarter worth $25,000. Institutional investors own 98.87% of the company’s stock.

Shift4 Payments Company Profile

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.