Shift4 Payments (FOUR) Set to Announce Earnings on Tuesday

Shift4 Payments (NYSE:FOUR) is scheduled to be releasing its earnings data before the market opens on Tuesday, November 12th. Analysts expect Shift4 Payments to post earnings of $0.92 per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Shift4 Payments (NYSE:FOUR) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.96 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.09. The firm had revenue of $320.60 million for the quarter, compared to the consensus estimate of $314.10 million. Shift4 Payments had a net margin of 3.64% and a return on equity of 24.19%. Shift4 Payments’s quarterly revenue was up 40.6% compared to the same quarter last year. During the same period last year, the firm posted $0.58 EPS. On average, analysts expect Shift4 Payments to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Shift4 Payments Price Performance

Shares of NYSE:FOUR opened at $100.77 on Friday. The firm’s 50 day moving average is $88.58 and its two-hundred day moving average is $76.23. The firm has a market capitalization of $8.93 billion, a P/E ratio of 61.07, a PEG ratio of 1.13 and a beta of 1.64. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 1.83. Shift4 Payments has a 52 week low of $53.90 and a 52 week high of $102.38.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Oppenheimer initiated coverage on Shift4 Payments in a research report on Tuesday, October 1st. They issued an “outperform” rating and a $109.00 target price on the stock. Stephens upped their price objective on shares of Shift4 Payments from $90.00 to $110.00 and gave the stock an “overweight” rating in a report on Friday, October 18th. Morgan Stanley increased their target price on shares of Shift4 Payments from $66.00 to $70.00 and gave the company an “equal weight” rating in a research report on Friday, August 9th. Benchmark reissued a “buy” rating and set a $99.00 target price on shares of Shift4 Payments in a research note on Thursday, September 5th. Finally, DA Davidson increased their price objective on shares of Shift4 Payments from $104.00 to $118.00 and gave the company a “buy” rating in a report on Monday, October 21st. Three analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $95.53.

Insider Activity at Shift4 Payments

In related news, CFO Nancy Disman sold 20,000 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $81.30, for a total value of $1,626,000.00. Following the completion of the sale, the chief financial officer now directly owns 182,959 shares in the company, valued at approximately $14,874,566.70. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, CFO Nancy Disman sold 20,000 shares of the company’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $81.30, for a total transaction of $1,626,000.00. Following the completion of the sale, the chief financial officer now directly owns 182,959 shares of the company’s stock, valued at approximately $14,874,566.70. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Jordan Frankel sold 12,500 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $82.57, for a total value of $1,032,125.00. Following the completion of the sale, the insider now directly owns 228,021 shares in the company, valued at approximately $18,827,693.97. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 30.57% of the company’s stock.

Shift4 Payments Company Profile

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.