Analysts Set Shift4 Payments, Inc. (NYSE:FOUR) Price Target at $100.15

Shift4 Payments, Inc. (NYSE:FOUR) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-one brokerages that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $100.15.

Several equities research analysts recently weighed in on FOUR shares. Barclays began coverage on Shift4 Payments in a research report on Wednesday, October 9th. They set an “overweight” rating and a $120.00 price target on the stock. Benchmark restated a “buy” rating and set a $99.00 target price on shares of Shift4 Payments in a report on Thursday, September 5th. Oppenheimer assumed coverage on shares of Shift4 Payments in a research note on Tuesday, October 1st. They issued an “outperform” rating and a $109.00 price target for the company. Piper Sandler boosted their price objective on shares of Shift4 Payments from $93.00 to $120.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Finally, DA Davidson raised their target price on shares of Shift4 Payments from $118.00 to $126.00 and gave the company a “buy” rating in a research note on Thursday, November 14th.

Insider Buying and Selling

In other Shift4 Payments news, insider Jordan Frankel sold 12,500 shares of the firm’s stock in a transaction dated 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 sale, the insider now directly owns 228,021 shares of the company’s stock, valued at $18,827,693.97. This trade represents a 5.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Nancy Disman sold 20,000 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer now owns 182,959 shares in the company, valued at $14,874,566.70. The trade was a 9.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 30.57% of the stock is owned by insiders.

Institutional Trading of Shift4 Payments

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. purchased a new position in Shift4 Payments during the 1st quarter valued at approximately $205,000. Swiss National Bank increased its position in Shift4 Payments by 0.9% in the first quarter. Swiss National Bank now owns 101,000 shares of the company’s stock worth $6,673,000 after purchasing an additional 900 shares during the last quarter. Tocqueville Asset Management L.P. purchased a new stake in Shift4 Payments during the first quarter valued at $391,000. Orion Capital Management LLC bought a new position in Shift4 Payments during the first quarter valued at $319,000. Finally, Bessemer Group Inc. grew its stake in shares of Shift4 Payments by 7.1% in the 1st quarter. Bessemer Group Inc. now owns 218,921 shares of the company’s stock worth $14,465,000 after buying an additional 14,438 shares in the last quarter. Institutional investors own 98.87% of the company’s stock.

Shift4 Payments Stock Performance

Shift4 Payments stock opened at $100.57 on Friday. Shift4 Payments has a fifty-two week low of $55.87 and a fifty-two week high of $106.31. The stock’s 50 day simple moving average is $91.24 and its two-hundred day simple moving average is $78.20. The company has a debt-to-equity ratio of 2.71, a quick ratio of 1.34 and a current ratio of 2.98. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of 54.66, a PEG ratio of 1.17 and a beta of 1.64.

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.