Shift4 Payments (NYSE:FOUR) Given New $96.00 Price Target at B. Riley Financial

Shift4 Payments (NYSE:FOUR) had its price objective reduced by B. Riley Financial from $120.00 to $96.00 in a report released on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley Financial’s price objective points to a potential upside of 100.44% from the stock’s previous close.

Several other research analysts also recently commented on the stock. DA Davidson decreased their price target on shares of Shift4 Payments from $74.00 to $68.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. BTIG Research reduced their target price on shares of Shift4 Payments from $70.00 to $60.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Morgan Stanley set a $46.00 target price on shares of Shift4 Payments in a research report on Friday, August 7th. The Goldman Sachs Group set a $48.00 price target on shares of Shift4 Payments in a research note on Friday, August 7th. Finally, Loop Capital initiated coverage on Shift4 Payments in a research note on Wednesday, June 24th. They set a “hold” rating and a $40.00 price objective on the stock. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $59.90.

Shift4 Payments Price Performance

Shares of FOUR traded down $0.04 during midday trading on Monday, reaching $47.89. The stock had a trading volume of 1,240,883 shares, compared to its average volume of 1,973,913. The company’s 50-day moving average is $47.55 and its 200 day moving average is $46.94. Shift4 Payments has a 12-month low of $34.56 and a 12-month high of $92.47. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 2.59. The company has a market capitalization of $3.78 billion, a price-to-earnings ratio of 79.95, a price-to-earnings-growth ratio of 0.62 and a beta of 1.40.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.32 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.06. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $615.65 million. Shift4 Payments had a return on equity of 28.40% and a net margin of 2.20%.Shift4 Payments’s revenue for the quarter was up 50.9% compared to the same quarter last year. During the same period last year, the firm posted $1.10 EPS. Shift4 Payments has set its FY 2026 guidance at 5.150-5.350 EPS. On average, equities analysts predict that Shift4 Payments will post 4.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Shift4 Payments

Hedge funds and other institutional investors have recently made changes to their positions in the business. Marex Group plc grew its holdings in shares of Shift4 Payments by 6.0% during the fourth quarter. Marex Group plc now owns 3,487 shares of the company’s stock valued at $220,000 after buying an additional 196 shares during the last quarter. Parallel Advisors LLC grew its stake in Shift4 Payments by 5.6% during the 3rd quarter. Parallel Advisors LLC now owns 4,049 shares of the company’s stock valued at $313,000 after purchasing an additional 214 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in shares of Shift4 Payments by 100.0% in 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 period. Glenmede Investment Management LP lifted its holdings in shares of Shift4 Payments by 5.1% during the third quarter. Glenmede Investment Management LP now owns 4,565 shares of the company’s stock worth $353,000 after purchasing an additional 222 shares during the period. Finally, Cerity Partners LLC boosted its position in Shift4 Payments by 4.4% in the second quarter. Cerity Partners LLC now owns 5,317 shares of the company’s stock valued at $527,000 after buying an additional 225 shares during the last quarter. Institutional investors own 98.87% of the company’s stock.

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.