For Shift4 Payments Inc [FOUR], Analyst sees a rise to $53. What next?

Shift4 Payments Inc [NYSE: FOUR] surged by $2.32 during the normal trading session on while it closed the day at $61.03.

Shift4 Payments Inc stock has also gained 4.59% of its value over the past 7 days. However, FOUR stock has declined by -19.69% in the 3 months of the year. Over the past six months meanwhile, it has gained 28.08% and lost -17.90% year-on date.

The market cap for FOUR stock reached $3.81 billion, with 60.66 million shares outstanding and 59.33 million shares in the current float. Compared to the average trading volume of 1.63M shares, FOUR reached a trading volume of 4710351 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Shift4 Payments Inc [FOUR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FOUR shares is $88.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FOUR stock is a recommendation set at 1.48. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Redburn Atlantic have made an estimate for Shift4 Payments Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 19, 2024. While these analysts kept the previous recommendation, The Benchmark Company raised their target price to Buy. The new note on the price target was released on February 13, 2024, representing the official price target for Shift4 Payments Inc stock. Previously, the target price had yet another raise to $95, while Keefe Bruyette analysts kept a Outperform rating on FOUR stock.

The Average True Range (ATR) for Shift4 Payments Inc is set at 2.67, with the Price to Sales ratio for FOUR stock in the period of the last 12 months amounting to 1.49. The Price to Book ratio for the last quarter was 5.83, with the Price to Cash per share for the same quarter was set at 8.63. Price to Free Cash Flow for FOUR in the course of the last twelve months was 12.85 with Quick ratio for the last quarter at 1.63.

FOUR stock trade performance evaluation

Shift4 Payments Inc [FOUR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.59. With this latest performance, FOUR shares dropped by -8.98% in over the last four-week period, additionally plugging by 28.08% over the last 6 months – not to mention a rise of 1.08% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FOUR stock in for the last two-week period is set at 45.32, with the RSI for the last a single of trading hit 52.08, and the three-weeks RSI is set at 43.18 for Shift4 Payments Inc [FOUR]. The present Moving Average for the last 50 days of trading for this stock 68.25, while it was recorded at 59.75 for the last single week of trading, and 64.60 for the last 200 days.

Shift4 Payments Inc [FOUR]: An insightful look at the core fundamentals

Shift4 Payments Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.63 and a Current Ratio set at 1.64.

Earnings per share (EPS) analysis for Shift4 Payments Inc [FOUR] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FOUR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Shift4 Payments Inc go to 49.09%.

Shift4 Payments Inc [FOUR]: Institutional Ownership

The top three institutional holders of FOUR stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in FOUR stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in FOUR stock with ownership which is approximately 5.8386%.

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