Shift4 Payments Stock News

Digital payments processor Shift4 stock is trading in a buy zone after months of heavy acquisitions.

Michael Burry is best-known as the billionaire investor who correctly predicted the housing market crash in 2007 that was detailed in the book, The Big Short.

Shift4 Payments is a payment processing company with revenue from processing fees and subscription revenue, which is growing faster than payments revenue. The company has diversified its client base beyond restaurants to include retail, hotels, sports stadiums, and resorts. Shift4 Payments is showing promise in the restaurant vertical and has potential for expansion into other industries domest...

CENTER VALLEY, Pa.--(BUSINESS WIRE)---- $FOUR--Shift4 Payments, LLC (“Shift4 LLC”), a wholly-owned subsidiary of Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, today announced the completion on September 5, 2024 of a refinancing of its existing revolving credit facility with a second amended and restated first lien credit agreement entered into with...

Shift4 Payments offers significant investment potential due to its acquisitions-driven growth strategy, with recent acquisitions expected to boost FY-24 revenue by around 22% YoY. Despite high competition and debt levels, Shift4's diversified business mix and careful debt management enhance its financial health and growth prospects. The company's integrated solutions and cross-selling opportuni...

During Q1 2024 the CEO of FOUR was buying shares aggressively and the Q2 results finally came out to find out the reason for his excitement. The company continues to maintain organic growth of 25% + acquisitions. It also expects to expand aggressively into Africa and Asia soon. Despite this news and having raised the guidance, the stock is trading at 17 times EV/EBITDA and 13 times FCF. Somethi...

CENTER VALLEY, Pa.--(BUSINESS WIRE)---- $FOUR--Shift4 (NYSE: FOUR), the leader in integrated payments and commerce technology, has partnered with Jon Taffer, an award-winning hospitality expert and star of popular TV show Bar Rescue, to support restaurants in need of assistance with the launch of the new SkyTab Rescue Mission contest, featuring $100,000 in prize money. Starting today, restauran...

Meta, Costco and Eli Lilly along with two others are trading near buy points coming out of a week marked by Nvidia earnings.