Shift4 Payments, Inc. (NYSE:FOUR) Given Consensus Recommendation of "Moderate Buy" by Analysts

Shift4 Payments, Inc. (NYSE:FOUR - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-one brokerages that are currently covering the company, MarketBeat.com reports. Six analysts have rated the stock with a hold recommendation and fifteen have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $106.40.

FOUR has been the topic of several analyst reports. Morgan Stanley increased their target price on Shift4 Payments from $90.00 to $109.00 and gave the stock an "equal weight" rating in a research report on Wednesday, December 18th. Susquehanna increased their price objective 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. Bank of America lowered shares of Shift4 Payments from a "buy" rating to a "neutral" rating and reduced their target price for the company from $112.00 to $105.00 in a research note on Wednesday, December 4th. BTIG Research raised their price target on shares of Shift4 Payments from $90.00 to $105.00 and gave the company a "buy" rating in a research note on Thursday, October 10th. Finally, B. Riley boosted their price objective on Shift4 Payments from $110.00 to $150.00 and gave the stock a "buy" rating in a research report on Tuesday, November 26th.

Shift4 Payments Stock Performance

Shares of NYSE:FOUR traded up $0.80 during trading on Friday, hitting $109.14. 1,325,628 shares of the company traded hands, compared to its average volume of 1,912,164. The stock has a market capitalization of $9.83 billion, a price-to-earnings ratio of 59.32, a PEG ratio of 1.30 and a beta of 1.71. Shift4 Payments has a one year low of $55.87 and a one year high of $116.84. The company has a quick ratio of 2.97, a current ratio of 2.98 and a debt-to-equity ratio of 2.71. The business's fifty day moving average is $102.57 and its 200-day moving average is $87.34.

Insider Buying and Selling

In other Shift4 Payments news, insider David Taylor Lauber sold 5,000 shares of the business's stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $113.71, for a total transaction of $568,550.00. Following the sale, the insider now owns 210,045 shares in the company, valued at approximately $23,884,216.95. The trade was a 2.33 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider James J. Whalen sold 1,462 shares of the firm's 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 transaction, the insider now owns 37,089 shares of the company's stock, valued at approximately $3,748,585.23. The trade was a 3.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 11,462 shares of company stock worth $1,211,364. Corporate insiders own 30.57% of the company's stock.

Hedge Funds Weigh In On Shift4 Payments

Several institutional investors and hedge funds have recently added to or reduced their stakes in FOUR. Waldron Private Wealth LLC purchased a new position in Shift4 Payments during the 3rd quarter valued at about $25,000. Transcendent Capital Group LLC purchased a new position in Shift4 Payments during the third quarter valued at approximately $27,000. Central Pacific Bank Trust Division purchased a new position in Shift4 Payments during the fourth quarter valued at approximately $28,000. Toth Financial Advisory Corp acquired a new position in Shift4 Payments in the 3rd quarter valued at approximately $32,000. Finally, Financial Management Professionals Inc. purchased a new stake in Shift4 Payments in the 3rd quarter worth approximately $56,000. 98.87% of the stock is currently owned by hedge funds and other institutional investors.

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.