Shift4 Payments (FOUR) to Release Earnings on Tuesday

Shift4 Payments (NYSE:FOUR) will post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect Shift4 Payments to post earnings of $0.92 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Shift4 Payments (NYSE:FOUR) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.96 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.09. Shift4 Payments had a return on equity of 24.19% and a net margin of 3.64%. The company had revenue of $320.60 million for the quarter, compared to analysts’ expectations of $314.10 million. During the same quarter in the prior year, the firm earned $0.58 earnings per share. Shift4 Payments’s revenue was up 40.6% compared to the same quarter last year. 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 Stock Up 3.3 %

NYSE:FOUR opened at $100.77 on Monday. The company has a 50-day moving average of $88.58 and a 200 day moving average of $76.33. Shift4 Payments has a 1-year low of $53.90 and a 1-year high of $102.38. The firm has a market cap of $8.93 billion, a PE ratio of 61.07, a price-to-earnings-growth ratio of 1.13 and a beta of 1.64. The company has a debt-to-equity ratio of 1.83, a current ratio of 1.35 and a quick ratio of 1.34.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Wells Fargo & Company lifted their price target on Shift4 Payments from $75.00 to $95.00 and gave the company an “overweight” rating in a report on Friday, September 20th. William Blair initiated coverage on shares of Shift4 Payments in a research note on Wednesday, September 4th. They set an “outperform” rating for the company. Morgan Stanley upped their price objective on Shift4 Payments from $66.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Friday, August 9th. Barclays started coverage on Shift4 Payments in a report on Wednesday, October 9th. They issued an “overweight” rating and a $120.00 price objective on the stock. Finally, BTIG Research increased their target price on Shift4 Payments from $90.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Three investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. Based on data from MarketBeat.com, Shift4 Payments presently has a consensus rating of “Moderate Buy” and an average price target of $95.53.

Insider Buying and Selling

In other Shift4 Payments news, insider Jordan Frankel sold 12,500 shares of the stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $82.57, for a total transaction of $1,032,125.00. Following the completion of the transaction, the insider now owns 228,021 shares of the company’s stock, valued at $18,827,693.97. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other Shift4 Payments news, insider Jordan Frankel sold 12,500 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $82.57, for a total transaction of $1,032,125.00. Following the transaction, the insider now directly owns 228,021 shares in the company, valued at $18,827,693.97. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Nancy Disman sold 20,000 shares of the firm’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $81.30, for a total value of $1,626,000.00. Following the transaction, the chief financial officer now owns 182,959 shares of the company’s stock, valued at approximately $14,874,566.70. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate 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.