The stock of Shift4 Payments Inc. (NYSE:FOUR) increased by $1.04 on Friday to finish at $55.76, up 1.90 percent. The last five days have seen an average of 1,073,180 shares of common stock traded. 14 times new highs were reached in the current year, with a fall of -$0.17. The average number of shares traded over the last 20 days was 1,227,260, while the average volume over the last 50 days totaled 1,072,760.
FOUR stock dropped -14.90% since last month. On 08/18/23, the company’s shares reached a one-month low of $52.56. The stock touched a high of $76.40 on 03/31/23, after rallying from a low of $36.33 in 52 weeks. The price of FOUR stock has declined by -0.30% or -$0.17 this year, reaching a new high 14 times. Still, the stock price is down -27.02% from the 52-week high.
Insider Transactions
FOUR stock investors should be aware that Shift4 Payments Inc. (FOUR) stock had its last reported insider trading activity 20 days ago on Aug 08. On Aug 08, Chief Financial Officer Disman Nancy sold 2,000 shares at $65.12 each. This transaction resulted in the insider making $130,240. On Jun 08, Lauber David Taylor sold 10,000 shares at a price of US$66.33. After the transaction, the insider now owns 212,192 shares. Frankel Jordan had earlier sold 7,000 shares on Mar 09 for $71.05 a share. The transaction was completed for $497,350.
Valuation Metrics
Shift4 Payments Inc. (FOUR) has a trailing price-to-earnings (P/E) ratio of 37.91. Beta for the stock is 1.32. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 1.98, the price-to-book (PB) ratio of 9.23, and the price-to-cash flow ratio of 17.58.
Financial Health
For the three months ended June 29, Shift4 Payments Inc.’s quick ratio was 3.20, while its current ratio was 3.20, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 4.90, and the total debt to equity ratio is 4.90. As far as profitability goes, gross margin for the trailing twelve months is 26.10% percent. Shift4 Payments Inc.’s EBITDA margin for the year ended June 29 was 11.81%, whereas its operating margin stood at 5.60% for the same period. Based on annual data, it had gross profit of $470.2 million and revenue of $1.99 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. FOUR’s return on assets (ROA) during the last 12 months has been 4.40%. There was a 4.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 32.10%.
Earnings Surprise
According to Shift4 Payments Inc.’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $637.0 million, while revenues rose by 20.46% to $547.0 million. It was predicted that Shift4 Payments Inc.’s quarterly earnings would be $0.74, but it ended up being $0.52, beating the consensus by 42.30%. EBITDA was $85.9 million for the quarter. At the end of Shift4 Payments Inc.’s most recent quarter ended June 29, its liabilities totaled 2.11 billion, while its total debt was $1.77 billion. Equity owned by shareholders amounts to $82.06 million.
Technical Picture
Here’s a quick look at Shift4 Payments Inc.’s (FOUR) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 34.63%, suggesting the stock is Neutral, with a 38.76% historical volatility rate.
The stochastic %K and %D were 20.10% and 17.76% respectively, while the average true range (ATR) was 2.44. Based on the 14-day stochastic reading of 24.10%, the RSI (14) reading is 34.83%. On the 9-day MACD Oscillator, the stock is at -0.12, and the 14-day reading is at -2.58.
Analyst Ratings
In its most recent analyst report, Morgan Stanley raised its rating on Shift4 Payments Inc. (NYSE: FOUR) to an Equal-weight. Prior to this, analysts firm rated the stock as an Underweight. Analysts have assigned Shift4 Payments Inc. (FOUR) an Buy rating. FOUR is a stock that is recommended for selling by 1 brokerage firm, while 1 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 17 others recommend it as a buy.
What is FOUR’s price target for the next 12 months?
The current consensus forecast for the stock is between $57.00 and $100.00, with a median target price of $81.50. In analyzing these forecasts, the average price target given by analysts for Shift4 Payments Inc. (FOUR) is $82.05.
