Shift4 Payments (NYSE:FOUR) Stock Price Down 5.2% – Here’s Why

Shift4 Payments, Inc. (NYSE:FOUR)’s share price fell 5.2% on Wednesday . The stock traded as low as $49.82 and last traded at $49.7440. 1,140,111 shares were traded during mid-day trading, a decline of 55% from the average session volume of 2,511,363 shares. The stock had previously closed at $52.50.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on FOUR shares. Weiss Ratings cut Shift4 Payments from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 16th. Susquehanna cut their target price on Shift4 Payments from $115.00 to $101.00 and set a “positive” rating for the company in a research report on Thursday, January 8th. Freedom Capital downgraded Shift4 Payments from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. BTIG Research lowered their price target on Shift4 Payments from $80.00 to $70.00 and set a “buy” rating on the stock in a report on Thursday, March 5th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $67.00 price target on shares of Shift4 Payments in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $79.89.

Shift4 Payments Price Performance

The firm has a market cap of $3.94 billion, a P/E ratio of 46.21, a P/E/G ratio of 0.33 and a beta of 1.65. The firm’s fifty day simple moving average is $54.70 and its 200 day simple moving average is $66.27. The company has a debt-to-equity ratio of 4.66, a quick ratio of 1.66 and a current ratio of 1.66.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Thursday, February 26th. The company reported $1.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.04. The firm had revenue of $610.00 million for the quarter, compared to analysts’ expectations of $1.20 billion. Shift4 Payments had a return on equity of 39.27% and a net margin of 2.84%.The business’s revenue was up 50.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.35 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.500-5.700 EPS. As a group, analysts forecast that Shift4 Payments, Inc. will post 3.7 earnings per share for the current year.

Insider Transactions at Shift4 Payments

In other news, major shareholder Jared Isaacman acquired 43,827 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were acquired at an average cost of $45.75 per share, with a total value of $2,005,085.25. Following the acquisition, the insider directly owned 1,410,727 shares of the company’s stock, valued at approximately $64,540,760.25. The trade was a 3.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last 90 days, insiders purchased 385,757 shares of company stock valued at $17,666,153. Insiders own 25.15% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP increased its position in Shift4 Payments by 410.9% in the second quarter. Allworth Financial LP now owns 281 shares of the company’s stock worth $28,000 after purchasing an additional 226 shares during the last quarter. Advisors Asset Management Inc. lifted its position in Shift4 Payments by 100.0% during the first quarter. Advisors Asset Management Inc. now owns 434 shares of the company’s stock valued at $35,000 after purchasing an additional 217 shares during the last quarter. Hantz Financial Services Inc. lifted its position in Shift4 Payments by 148.1% during the third quarter. Hantz Financial Services Inc. now owns 526 shares of the company’s stock valued at $41,000 after purchasing an additional 314 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of Shift4 Payments in the 4th quarter worth $43,000. Finally, Vestcor Inc purchased a new position in shares of Shift4 Payments in the 3rd quarter worth $45,000. 98.87% of the stock is currently owned by 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.