Shift4 Payments (NYSE:FOUR) Announces Earnings Results

Shift4 Payments (NYSE:FOUR) issued its quarterly earnings results on Tuesday. The company reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06, Zacks reports. Shift4 Payments had a return on equity of 23.86% and a net margin of 4.04%.

Shift4 Payments Trading Up 3.9 %

Shares of NYSE:FOUR traded up $4.76 during trading on Tuesday, reaching $126.04. The company’s stock had a trading volume of 3,582,011 shares, compared to its average volume of 1,281,054. The company has a current ratio of 2.98, a quick ratio of 2.97 and a debt-to-equity ratio of 2.71. Shift4 Payments has a 12 month low of $55.87 and a 12 month high of $127.50. The stock has a market capitalization of $11.36 billion, a PE ratio of 68.50, a price-to-earnings-growth ratio of 1.26 and a beta of 1.72. The firm’s 50 day simple moving average is $110.32 and its two-hundred day simple moving average is $96.93.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on FOUR. Susquehanna increased their price target on Shift4 Payments from $105.00 to $120.00 and gave the stock a “positive” rating in a research note on Wednesday, November 13th. Wells Fargo & Company increased their price target on Shift4 Payments from $120.00 to $135.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Oppenheimer increased their price objective 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. Deutsche Bank Aktiengesellschaft began coverage on shares of Shift4 Payments in a report on Monday, February 3rd. They set a “hold” rating and a $120.00 price objective for the company. Finally, Benchmark downgraded shares of Shift4 Payments from a “buy” rating to a “hold” rating in a report on Thursday, December 5th. Seven equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $108.24.

Insider Buying and Selling

In related news, insider David Taylor Lauber sold 5,000 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of $113.71, for a total value of $568,550.00. Following the sale, the insider now directly owns 210,045 shares of the company’s stock, valued at $23,884,216.95. This represents a 2.33 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider James J. Whalen sold 1,462 shares of the stock in a transaction dated 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 sale, the insider now directly owns 37,089 shares in the company, valued at $3,748,585.23. This trade represents a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 11,462 shares of company stock valued at $1,211,364 in the last ninety days. 30.57% of the stock is owned by company insiders.

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.