Shift4 Payments, Inc. (NYSE:FOUR) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shift4 Payments, Inc. (NYSE:FOUR) has been assigned a consensus recommendation of “Moderate Buy” from the twenty analysts that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and eighteen have given a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $84.95.

FOUR has been the topic of several recent research reports. The Goldman Sachs Group lowered their target price on shares of Shift4 Payments from $91.00 to $80.00 and set a “buy” rating on the stock in a research note on Monday, April 15th. UBS Group raised their target price on shares of Shift4 Payments from $75.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, February 28th. Wells Fargo & Company boosted their target price on Shift4 Payments from $60.00 to $85.00 and gave the stock an “overweight” rating in a report on Friday, February 2nd. Mizuho restated a “buy” rating and issued a $85.00 price target on shares of Shift4 Payments in a research report on Wednesday, March 27th. Finally, Keefe, Bruyette & Woods initiated coverage on Shift4 Payments in a research report on Tuesday, January 16th. They issued an “outperform” rating and a $95.00 price target for the company.

Insider Buying and Selling

In other Shift4 Payments news, insider David Taylor Lauber sold 15,000 shares of the company’s stock in a transaction on Tuesday, March 5th. The stock was sold at an average price of $80.15, for a total transaction of $1,202,250.00. Following the transaction, the insider now directly owns 243,880 shares in the company, valued at $19,546,982. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 32.14% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Voss Capital LLC acquired a new position in Shift4 Payments during the fourth quarter worth $11,151,000. FCF Advisors LLC purchased a new stake in Shift4 Payments during the 4th quarter worth about $1,136,000. Peregrine Capital Management LLC acquired a new stake in Shift4 Payments in the 4th quarter valued at about $6,040,000. Regal Investment Advisors LLC purchased a new position in shares of Shift4 Payments in the 3rd quarter valued at about $976,000. Finally, Fuller & Thaler Asset Management Inc. grew its position in shares of Shift4 Payments by 7.9% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 189,867 shares of the company’s stock worth $10,513,000 after buying an additional 13,822 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

Shift4 Payments Trading Up 1.8 %

Shares of NYSE:FOUR opened at $59.38 on Tuesday. The company has a quick ratio of 1.63, a current ratio of 1.64 and a debt-to-equity ratio of 2.02. Shift4 Payments has a 52-week low of $42.91 and a 52-week high of $92.30. The business has a 50-day moving average price of $69.48 and a 200-day moving average price of $67.85. The stock has a market cap of $5.12 billion, a price-to-earnings ratio of 41.82, a PEG ratio of 0.92 and a beta of 1.59.

Shift4 Payments (NYSE:FOUR) last released its earnings results on Tuesday, February 27th. The company reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.05). The company had revenue of $269.30 million for the quarter, compared to analysts’ expectations of $278.85 million. Shift4 Payments had a return on equity of 27.35% and a net margin of 3.36%. Equities analysts predict that Shift4 Payments will post 2.84 EPS for the current year.

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.