A Technical View of the Shift4 Payments Inc. (FOUR)

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Shift4 Payments Inc. (NYSE:FOUR) saw a downside of -3.52% to close Tuesday at $61.61 after subtracting -$2.25 on the day. The 5-day average trading volume is 1,535,380 shares of the company’s common stock. It has gained $65.79 in the past week and touched a new high 1 time within the past 5 days. An average of 1,133,960 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,137,484.

FOUR’s 1-month performance is 15.50% or $7.55 on its low of $51.71 reached on 01/03/23. The company’s shares have touched a 52-week low of $29.39 and high of $66.86, with the stock’s rally to the 52-week high happening on 01/18/23. YTD, FOUR has achieved 10.16% or $5.68 and has reached a new high 7 times. However, the current price is down -7.85% from the 52-week high price.


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Insider Transactions

FOUR stock investors last saw insider trading activity on Dec 16.Disman Nancy (Chief Financial Officer) most recently sold 1,500 shares at $52.81 per share on Dec 16. This transaction cost the insider $79,215. Director, Goldsmith-Grover Sarah, sold 1,200 shares at a price of $52.06 on Dec 15. Then, on Nov 18, Director Goldsmith-Grover Sarah sold 480 shares at a price of $46.70 per share. This transaction amounted to $22,416.

Valuation Metrics

Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.60 while the price-to-book (PB) in the most recent quarter is 16.79, with the price to cash flow ratio at 46.10.

Shift4 Payments Inc.’s quick ratio for the period ended June 29 was 3.30, with the current ratio over the same period at 3.30.. In terms of profitability, the gross margin trailing 12 months is 22.10%. The firm’s gross profit as reported stood at $278.4 million against revenue of $1.37 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 121.35% to $43.1 million, while revenue of $10.3 million was 76.1% off the previous quarter. Analysts expected FOUR to announce $0.24 per share in earnings in its latest quarter, but it posted $0.33, representing a 37.50% surprise. EBITDA for the quarter stood at more than $98.2 million. FOUR stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.06 billion, with total debt at $1.76 billion. Shareholders hold equity totaling $82.46 million.

Let’s look briefly at Shift4 Payments Inc. (FOUR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 57.82% to suggest the stock is trending Neutral, with historical volatility in this time period at 54.50%.

The stock’s 5-day moving average is $62.09, reflecting a -4.61% or -$2.98 change from its current price. FOUR is currently trading +16.25% above its 20-day SMA, +34.11% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +47.25% and SMA200 by-3.61%.

Stochastic %K and %D was 79.47% and 75.61% and the average true range (ATR) pointed at 3.11. The RSI (14) points at 60.00%, while the 14-day stochastic is at 68.67% with the period’s ATR at 3.08. The stock’s 9-day MACD Oscillator is pointing at 0.97 and 3.04 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Shift4 Payments Inc. (NYSE: FOUR), Goldman upgraded it to a Buy rating. They previously had a Neutral rating on the stock.

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