Shift4 Payments (NYSE:FOUR) Releases Earnings Results, Misses Estimates By $0.03 EPS

Shift4 Payments (NYSE:FOUR) released its earnings results on Thursday. The company reported $1.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by ($0.03), Briefing.com reports. The business had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.19 billion. Shift4 Payments had a net margin of 5.02% and a return on equity of 40.19%. The business’s revenue was up 61.4% on a year-over-year basis. During the same period in the prior year, the company earned $1.04 earnings per share. Shift4 Payments updated its FY 2025 guidance to EPS.

Shift4 Payments Stock Performance

NYSE FOUR traded down $0.67 during trading on Friday, hitting $66.15. 4,247,915 shares of the company’s stock traded hands, compared to its average volume of 2,391,771. The company has a debt-to-equity ratio of 3.27, a quick ratio of 2.53 and a current ratio of 1.38. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of 31.06, a PEG ratio of 0.67 and a beta of 1.71. Shift4 Payments has a 12-month low of $61.23 and a 12-month high of $127.50. The business has a 50 day moving average of $79.06 and a 200-day moving average of $88.37.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Weiss Ratings cut Shift4 Payments from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Mizuho cut their price target on shares of Shift4 Payments from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Tuesday, October 28th. Raymond James Financial restated a “strong-buy” rating and set a $90.00 price objective on shares of Shift4 Payments in a report on Thursday. Susquehanna lowered their price objective on shares of Shift4 Payments from $125.00 to $115.00 and set a “positive” rating on the stock in a research report on Friday. Finally, DA Davidson dropped their target price on shares of Shift4 Payments from $124.00 to $114.00 and set a “buy” rating on the stock in a research note on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $102.25.

Insider Activity

In other Shift4 Payments news, Chairman Jared Isaacman purchased 104,705 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The shares were bought at an average cost of $83.61 per share, for a total transaction of $8,754,385.05. Following the purchase, the chairman owned 939,715 shares of the company’s stock, valued at $78,569,571.15. This represents a 12.54% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO David Taylor Lauber sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $88.59, for a total transaction of $221,475.00. Following the completion of the transaction, the chief executive officer directly owned 285,588 shares of the company’s stock, valued at approximately $25,300,240.92. This trade represents a 0.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 25.15% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

Hedge funds and other institutional investors have recently modified their holdings of the stock. Durable Capital Partners LP lifted its stake in Shift4 Payments by 12.6% in the 2nd quarter. Durable Capital Partners LP now owns 6,665,443 shares of the company’s stock worth $660,612,000 after purchasing an additional 745,650 shares in the last quarter. Wasatch Advisors LP increased its holdings in shares of Shift4 Payments by 16.4% in the 2nd quarter. Wasatch Advisors LP now owns 6,338,567 shares of the company’s stock worth $628,215,000 after buying an additional 890,990 shares during the last quarter. Darlington Partners Capital Management LP raised its position in shares of Shift4 Payments by 4.2% during the 2nd quarter. Darlington Partners Capital Management LP now owns 4,966,405 shares of the company’s stock valued at $492,220,000 after buying an additional 200,000 shares in the last quarter. Alliancebernstein L.P. raised its position in shares of Shift4 Payments by 16.6% during the 2nd quarter. Alliancebernstein L.P. now owns 1,505,933 shares of the company’s stock valued at $149,253,000 after buying an additional 214,627 shares in the last quarter. Finally, Corient Private Wealth LLC lifted its holdings in shares of Shift4 Payments by 125.9% during the 2nd quarter. Corient Private Wealth LLC now owns 219,816 shares of the company’s stock worth $21,786,000 after acquiring an additional 122,504 shares during the last quarter. 98.87% of the stock is currently owned by institutional investors.

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.