As of Thursday close, Shift4 Payments Inc.’s (NYSE:FOUR) stock was down -$1.95, moving down -3.42 percent to $55.08. The average number of shares traded per day over the past five days has been 1,270,040 shares. 1 time new highs have been achieved over the past 5 days, with a -$4.23 fall in that time frame. In the last twenty days, the average volume was 1,301,770, while in the previous 50 days, it was 1,216,068.
Since last month, FOUR stock rose 0.36%. Shares of the company fell to $51.41 on 09/13/23, the lowest level in the past month. A 52-week high of $76.40 was reached on 03/31/23 after having rallying from a 52-week low of $36.33. Since the beginning of this year, FOUR’s stock price has dropped by -1.52% or -$0.85, and marked a new high 14 times. However, the stock has declined by -27.91% since its 52-week high.
FOUR stock investors should be aware that Shift4 Payments Inc. (FOUR) stock had its last reported insider trading activity 45 days ago on Aug 08. Disman Nancy, the Chief Financial Officer of the company, disposed of 2,000 shares for $65.12 on Aug 08. It resulted in a $130,240 divestment by the insider. Lauber David Taylor sold 10,000 shares at an average price of $66.33 on Jun 08. The insider now owns 212,192 shares following the transaction. On Mar 09, Frankel Jordan sold 7,000 shares at $71.05 apiece. The transaction was valued at $497,350.
Valuation Metrics
Right now, Shift4 Payments Inc. (FOUR) has a P/E ratio of about 37.44. The stock’s beta is 1.27. Besides these, the trailing price-to-sales (P/S) ratio of 2.01, the price-to-book (PB) ratio of 9.12, and the price-to-cash flow ratio of 17.87 may also be considered.
Financial Health
In the three months ended June 29, Shift4 Payments Inc.’s quick ratio stood at 3.20, while its current ratio was 3.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 4.90, and the total debt-to-equity ratio was 4.90. On the profitability front, the trailing twelve-month gross margin is 26.10% percent. In the year ended June 29, EBITDA margin amounted to 11.81%, whereas operating margins totaled 5.60%. Based on annual data, FOUR earned $470.2 million in gross profit and brought in $1.99 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 4.50%. Return on equity (ROE) for the past 12 months was 32.10%.
In Shift4 Payments Inc.’s quarter-end financial report for June 29, it reported total debt of $1.75 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. FOUR’s revenue rose 20.46% to $547.0 million during the quarter, while net income inched up to $637.0 million. While analysts expected Shift4 Payments Inc. to report $0.52 quarterly earnings, the actual figure was $0.74 per share, beating the consensus estimate by 42.30%. During the quarter, the company generated $85.9 million in EBITDA. The liabilities of Shift4 Payments Inc. were 2.11 billion at the end of its most recent quarter ended June 29, and its total debt was $1.77 billion. The value of shareholders’ equity is $82.06 million.
Technical Picture
This quick technical analysis looks at Shift4 Payments Inc.’s (FOUR) price momentum. With a historical volatility rate of 63.10%, the RSI 9-day stood at 39.48% on 21 September.
With respect to its five-day moving average, the current Shift4 Payments Inc. price is down by -7.13% percent or -$4.23. At present, FOUR shares trade -0.72% below its 20-day simple moving average and -18.73% percent below its 100-day simple moving average. However, the stock is currently trading approximately -19.36% below its SMA50 and +9.94% above its SMA200.
Stochastic coefficient K was 62.06% and Stochastic coefficient D was 72.90%, while ATR was 2.33. Given the Stochastic reading of 42.97% for the 14-day period, the RSI (14) reading has been calculated as 40.93%. As of today, the MACD Oscillator reading stands at -0.18, while the 14-day reading stands at -0.19.
Analyst Ratings
Morgan Stanley upgraded its rating on Shift4 Payments Inc. (NYSE: FOUR) to an Equal-weight in a note to investors on August 25, 2023. The analysts firm previously had an Underweight rating on the stock.Shift4 Payments Inc. (FOUR) has been rated Buy by analysts. According to 1 brokerage firm, FOUR is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Shift4 Payments Inc. stock as buy, with 15 recommending it as overweight.
With a median target price of $81.50, the current consensus forecast for the stock is $57.00 – $97.00. Based on these forecasts, analysts predict Shift4 Payments Inc. (FOUR) will achieve an average price target of $80.89.
