Shift4 Payments, Inc. (NYSE:FOUR) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shift4 Payments, Inc. (NYSE:FOUR) has been given an average rating of “Moderate Buy” by the twenty-two ratings firms that are covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $103.10.

A number of analysts recently weighed in on FOUR shares. Susquehanna upped their target price 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. William Blair started coverage on shares of Shift4 Payments in a report on Wednesday, September 4th. They set an “outperform” rating on the stock. Wells Fargo & Company upped their target price on shares of Shift4 Payments from $100.00 to $110.00 and gave the stock an “overweight” rating in a report on Wednesday, November 13th. Keefe, Bruyette & Woods lowered shares of Shift4 Payments from an “outperform” rating to a “market perform” rating and set a $112.00 target price on the stock. in a report on Monday. Finally, BTIG Research upped their target price on shares of Shift4 Payments from $90.00 to $105.00 and gave the stock a “buy” rating in a report on Thursday, October 10th.

Insider Buying and Selling

In other Shift4 Payments news, insider David Taylor Lauber sold 5,000 shares of the firm’s stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $113.71, for a total transaction of $568,550.00. Following the completion of the sale, the insider now directly owns 210,045 shares in the company, valued at approximately $23,884,216.95. This trade represents a 2.33 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Nancy Disman sold 20,000 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer now owns 182,959 shares of the company’s stock, valued at approximately $14,874,566.70. This represents a 9.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 38,962 shares of company stock worth $3,374,439 in the last three months. 30.57% of the stock is owned by corporate insiders.

Institutional Trading of Shift4 Payments

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Waldron Private Wealth LLC bought a new stake in shares of Shift4 Payments in the third quarter worth approximately $25,000. Transcendent Capital Group LLC bought a new stake in shares of Shift4 Payments in the third quarter worth approximately $27,000. Toth Financial Advisory Corp bought a new stake in shares of Shift4 Payments in the third quarter worth approximately $32,000. Financial Management Professionals Inc. bought a new stake in shares of Shift4 Payments in the third quarter worth approximately $56,000. Finally, Quarry LP bought a new stake in shares of Shift4 Payments in the second quarter worth approximately $60,000. 98.87% of the stock is currently owned by institutional investors.

Shift4 Payments Stock Performance

Shares of FOUR stock opened at $98.50 on Wednesday. The stock has a market capitalization of $8.88 billion, a P/E ratio of 53.53, a PEG ratio of 1.33 and a beta of 1.70. The company has a current ratio of 2.98, a quick ratio of 2.97 and a debt-to-equity ratio of 2.71. The firm’s 50 day moving average is $98.49 and its 200 day moving average is $82.81. Shift4 Payments has a 12 month low of $55.87 and a 12 month high of $116.84.

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.