Shift4 Payments (NYSE:FOUR) Price Target Raised to $125.00 at Keefe, Bruyette & Woods

Shift4 Payments (NYSE:FOUR) had its price objective increased by Keefe, Bruyette & Woods from $112.00 to $125.00 in a research report report published on Thursday,Benzinga reports. The brokerage currently has a market perform rating on the stock.

Several other research firms also recently weighed in on FOUR. Susquehanna upped their price objective on shares of Shift4 Payments from $105.00 to $120.00 and gave the stock a “positive” rating in a report on Wednesday, November 13th. Benchmark downgraded shares of Shift4 Payments from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. DA Davidson increased their target price on shares of Shift4 Payments from $118.00 to $126.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Oppenheimer increased their target price on shares of Shift4 Payments from $120.00 to $121.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. Finally, The Goldman Sachs Group increased their target price on shares of Shift4 Payments from $106.00 to $119.00 and gave the company a “buy” rating in a report on Thursday, November 14th. Seven investment analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $114.19.

Shift4 Payments Stock Down 4.7 %

Shares of NYSE FOUR opened at $98.79 on Thursday. The firm has a market cap of $8.90 billion, a PE ratio of 32.18, a P/E/G ratio of 1.32 and a beta of 1.72. Shift4 Payments has a 12-month low of $55.87 and a 12-month high of $127.50. The company’s fifty day simple moving average is $110.87 and its 200 day simple moving average is $97.43. The company has a quick ratio of 2.97, a current ratio of 2.98 and a debt-to-equity ratio of 2.71.

Shift4 Payments (NYSE:FOUR) last issued its earnings results on Tuesday, February 18th. The company reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.06. Shift4 Payments had a net margin of 6.89% and a return on equity of 29.38%. The business had revenue of $405.00 million for the quarter, compared to analyst estimates of $1 billion. As a group, sell-side analysts forecast that Shift4 Payments will post 3.7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, insider Jordan Frankel sold 5,000 shares of Shift4 Payments stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $99.01, for a total value of $495,050.00. Following the transaction, the insider now directly owns 222,112 shares of the company’s stock, valued at $21,991,309.12. The trade was a 2.20 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider James J. Whalen sold 1,462 shares of Shift4 Payments stock in a transaction on 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 approximately $3,748,585.23. The trade was a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 11,462 shares of company stock valued at $1,211,364. 30.57% of the stock is currently owned by corporate insiders.

Institutional Trading of Shift4 Payments

Several large investors have recently added to or reduced their stakes in FOUR. Waldron Private Wealth LLC bought a new stake in Shift4 Payments in the third quarter valued at $25,000. Heck Capital Advisors LLC bought a new stake in Shift4 Payments in the fourth quarter valued at $26,000. Transcendent Capital Group LLC bought a new stake in Shift4 Payments in the third quarter valued at $27,000. Rakuten Securities Inc. boosted its holdings in Shift4 Payments by 153.9% in the fourth quarter. Rakuten Securities Inc. now owns 259 shares of the company’s stock valued at $27,000 after acquiring an additional 157 shares in the last quarter. Finally, Central Pacific Bank Trust Division bought a new stake in Shift4 Payments in the fourth quarter valued at $28,000. Institutional investors own 98.87% of the company’s stock.

About Shift4 Payments

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.