Shift4 Payments (NYSE:FOUR) Stock Price Down 4.7% – Here’s Why

Shift4 Payments, Inc. (NYSE:FOUR) shares dropped 4.7% during trading on Friday . The company traded as low as $45.74 and last traded at $45.7350. Approximately 306,123 shares traded hands during trading, a decline of 85% from the average session volume of 1,983,926 shares. The stock had previously closed at $48.00.

Analysts Set New Price Targets

A number of research firms recently commented on FOUR. UBS Group lowered their price target on shares of Shift4 Payments from $60.00 to $52.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Morgan Stanley set a $46.00 price objective on shares of Shift4 Payments in a research note on Friday, August 7th. The Goldman Sachs Group set a $48.00 target price on Shift4 Payments in a research note on Friday, August 7th. Capital One Financial set a $50.00 price objective on shares of Shift4 Payments in a report on Tuesday, April 21st. Finally, Mizuho set a $55.00 target price on Shift4 Payments in a research note on Monday. Nine analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $58.10.

Shift4 Payments Stock Performance

The business’s fifty day simple moving average is $46.57 and its 200-day simple moving average is $47.53. The firm has a market cap of $3.62 billion, a P/E ratio of 76.00, a price-to-earnings-growth ratio of 0.52 and a beta of 1.40. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.26 by $0.06. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $615.65 million. Shift4 Payments had a net margin of 2.20% and a return on equity of 28.40%. The company’s quarterly revenue was up 50.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.10 earnings per share. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. As a group, sell-side analysts expect that Shift4 Payments, Inc. will post 4.68 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of FOUR. Wasatch Advisors LP grew its position 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. Bank of Montreal Can lifted its stake in Shift4 Payments by 3,048.9% in the fourth quarter. Bank of Montreal Can now owns 872,453 shares of the company’s stock worth $54,938,000 after acquiring an additional 844,746 shares during the period. Norges Bank purchased a new stake in Shift4 Payments in the fourth quarter worth $51,635,000. Marshall Wace LLP boosted its holdings in Shift4 Payments by 97.2% in the fourth quarter. Marshall Wace LLP now owns 1,655,485 shares of the company’s stock valued at $104,246,000 after acquiring an additional 816,155 shares in the last quarter. Finally, Durable Capital Partners LP boosted its holdings in 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 acquiring an additional 745,650 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

About Shift4 Payments

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.