Analysts’ Recent Ratings Changes for Shift4 Payments (FOUR)

Shift4 Payments (NYSE: FOUR) has recently received a number of price target changes and ratings updates:

• 12/19/2024 – Shift4 Payments had its price target raised by analysts at Oppenheimer Holdings Inc. from $120.00 to $121.00. They now have an “outperform” rating on the stock.
• 12/18/2024 – Shift4 Payments had its price target raised by analysts at Morgan Stanley from $90.00 to $109.00. They now have an “equal weight” rating on the stock.
• 12/9/2024 – Shift4 Payments was downgraded by analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating. They now have a $112.00 price target on the stock.
• 12/5/2024 – Shift4 Payments was downgraded by analysts at Benchmark Co. from a “buy” rating to a “hold” rating.
• 12/4/2024 – Shift4 Payments was downgraded by analysts at Bank of America Co. from a “buy” rating to a “neutral” rating. They now have a $105.00 price target on the stock, down previously from $112.00.
• 11/26/2024 – Shift4 Payments had its price target raised by analysts at B. Riley from $110.00 to $150.00. They now have a “buy” rating on the stock.
• 11/14/2024 – Shift4 Payments had its price target raised by analysts at DA Davidson from $118.00 to $126.00. They now have a “buy” rating on the stock.
• 11/14/2024 – Shift4 Payments had its price target raised by analysts at The Goldman Sachs Group, Inc. from $106.00 to $119.00. They now have a “buy” rating on the stock.
• 11/13/2024 – Shift4 Payments had its price target raised by analysts at Susquehanna from $105.00 to $120.00. They now have a “positive” rating on the stock.
• 11/13/2024 – Shift4 Payments had its price target raised by analysts at Wells Fargo & Company from $100.00 to $110.00. They now have an “overweight” rating on the stock.
• 11/13/2024 – Shift4 Payments had its price target raised by analysts at Piper Sandler from $93.00 to $120.00. They now have an “overweight” rating on the stock.
• 11/13/2024 – Shift4 Payments had its price target raised by analysts at B. Riley from $104.00 to $110.00. They now have a “buy” rating on the stock.
• 11/4/2024 – Shift4 Payments had its price target raised by analysts at Susquehanna from $97.00 to $105.00. They now have a “positive” rating on the stock.
• 10/21/2024 – Shift4 Payments had its price target raised by analysts at DA Davidson from $104.00 to $118.00. They now have a “buy” rating on the stock.

Shift4 Payments Trading Up 2.7 %

FOUR stock traded up $2.72 during mid-day trading on Thursday, hitting $101.85. 749,157 shares of the company were exchanged, compared to its average volume of 1,481,150. The business has a fifty day simple moving average of $99.98 and a 200-day simple moving average of $84.37. The firm has a market capitalization of $9.18 billion, a P/E ratio of 55.35, a PEG ratio of 1.30 and a beta of 1.70. Shift4 Payments, Inc. has a 12-month low of $55.87 and a 12-month high of $116.84. The company has a quick ratio of 2.97, a current ratio of 2.98 and a debt-to-equity ratio of 2.71.

Insider Buying and Selling

In related news, insider James J. Whalen sold 1,462 shares of the firm’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $101.07, for a total transaction of $147,764.34. Following the completion of the transaction, the insider now directly owns 37,089 shares in the company, valued at $3,748,585.23. This trade represents a 3.79 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jordan Frankel sold 5,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $99.01, for a total transaction of $495,050.00. Following the sale, the insider now owns 222,112 shares in the company, valued at $21,991,309.12. This trade represents a 2.20 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 11,462 shares of company stock valued at $1,211,364. Company insiders own 30.57% of the company’s stock.

Institutional Investors Weigh In On Shift4 Payments

A number of hedge funds have recently added to or reduced their stakes in the business. Wasatch Advisors LP raised its position in Shift4 Payments by 50.8% in the 3rd quarter. Wasatch Advisors LP now owns 5,883,186 shares of the company’s stock valued at $521,250,000 after purchasing an additional 1,980,940 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Shift4 Payments by 11,776.9% in the second quarter. The Manufacturers Life Insurance Company now owns 1,730,704 shares of the company’s stock valued at $126,947,000 after acquiring an additional 1,716,132 shares in the last quarter. Ensign Peak Advisors Inc raised its holdings in Shift4 Payments by 6,185.0% in the second quarter. Ensign Peak Advisors Inc now owns 1,095,546 shares of the company’s stock valued at $80,358,000 after acquiring an additional 1,078,115 shares in the last quarter. Senator Investment Group LP lifted its stake in Shift4 Payments by 8,551.1% in the second quarter. Senator Investment Group LP now owns 562,236 shares of the company’s stock worth $41,240,000 after acquiring an additional 555,737 shares during the last quarter. Finally, Artemis Investment Management LLP grew its holdings in Shift4 Payments by 113.0% during the 3rd quarter. Artemis Investment Management LLP now owns 457,467 shares of the company’s stock worth $40,532,000 after acquiring an additional 242,684 shares in the last quarter. 98.87% of the stock is currently owned by institutional investors and hedge funds.

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.