D.A. Davidson analyst Peter Heckmann maintains $Shift4 Payments (FOUR.US)$ with a buy rating, and sets the target price at $126.
According to TipRanks data, the analyst has a success rate of 65.0% and a total average return of 16.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Shift4 Payments (FOUR.US)$'s main analysts recently are as follows:
Shift4 Payments has been reported to have not met expectations and adjusted forecasts downward in response to a decrease in consumer spending within the restaurant and hospitality sectors, adverse weather conditions, and a slower than anticipated international market penetration. Despite the stock's minor decline after a notable increase, it appears that the market's reaction may be tempered due to a marginal rise in the lower end of the fourth quarter revenue and adjusted EBITDA guidance, a 32% quarter-over-quarter increase in the volume backlog amounting to $33 billion, and the annualized fourth quarter adjusted EBITDA aligning with the 2025 consensus. Additionally, the current market trend that favors small to mid-cap companies may also be playing a role in the stock's performance.
Shift4 Payments exhibited a miss in Q3 net revenues, gross profit, and end-to-end volumes, which has been attributed to a softer consumer spend. Despite a cluttered third quarter, strategic initiatives and the impact of recent deals are anticipated to sustain organic revenue growth exceeding 20% over the coming years.
Shift4 Payments' Q3 volume and net revenue results did not meet the expectations of the market. However, despite not offering fiscal 2025 guidance, management conveyed a sense of confidence in future prospects. It is believed that investors will retain a positive view of Shift4's growth potential after the conference call, despite the weaker than anticipated Q3 performance. Shift4 continues to be regarded favorably for its growth prospects.
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