Wall Street predicts Shift4 Payments Inc (FOUR) stock to drop by -14.22%

Shift4 Payments Inc [FOUR] stock prices are down -0.82% to $90.80 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FOUR shares have gain 2.48% over the last week, with a monthly amount glided 19.93%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Shift4 Payments Inc [NYSE: FOUR] stock has seen the most recent analyst activity on October 01, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $109. On May 24, 2024, Wedbush initiated with a Neutral rating and assigned a price target of $75 on the stock. Redburn Atlantic upgraded its rating to a Neutral but stick to its price target of $53 on April 19, 2024. The Benchmark Company initiated its recommendation with a Buy and recommended $95 as its price target on February 13, 2024. Keefe Bruyette started tracking with a Outperform rating for this stock on January 16, 2024, and assigned it a price target of $95. In a note dated December 14, 2023, Seaport Research Partners initiated an Buy rating and provided a target price of $85 on this stock.

The stock price of Shift4 Payments Inc [FOUR] has been fluctuating between $42.91 and $92.30 over the past year. Currently, Wall Street analysts expect the stock to reach $77.89 within the next 12 months. Shift4 Payments Inc [NYSE: FOUR] shares were valued at $90.80 at the most recent close of the market. An investor can expect a potential drop of -14.22% based on the average FOUR price forecast.

Analyzing the FOUR fundamentals

The Shift4 Payments Inc [NYSE:FOUR] reported sales of 2.92B for trailing twelve months, representing a surge of 29.83%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.17 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.52.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 90.02 points at the first support level, and at 89.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 91.86, and for the 2nd resistance point, it is at 92.92.

Ratios To Look Out For

It’s worth pointing out that Shift4 Payments Inc [NYSE:FOUR]’s Current Ratio is 1.35. Further, the Quick Ratio stands at 1.34, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 2.08, the price to book ratio is 8.24 and price to earnings (TTM) ratio is 54.91.

Transactions by insiders

Recent insider trading involved Frankel Jordan, that happened on Sep 16 ’24 when 12500.0 shares were sold. Chief Financial Officer, Disman Nancy completed a deal on Sep 13 ’24 to sell 20000.0 shares. Meanwhile, Officer Frankel Jordan bought 12500.0 shares on Sep 16 ’24.

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