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NYSE:FOUR, a strong growth stock, setting up for a breakout.

By Mill Chart

Last update: Nov 27, 2023

In this article we will dive into SHIFT4 PAYMENTS INC-CLASS A (NYSE:FOUR) as a possible candidate for growth investing. Investors should always do their own research, but we noticed SHIFT4 PAYMENTS INC-CLASS A showing up in our strong growth, ready to breakout screen, which makes it worth to investigate a bit more.

Analyzing Growth Metrics

To evaluate a stock's growth potential, ChartMill utilizes a Growth Rating on a scale of 0 to 10. This comprehensive assessment considers various growth aspects, including historical and estimated EPS and revenue growth. NYSE:FOUR has achieved a 8 out of 10:

  • FOUR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 154.00%, which is quite impressive.
  • FOUR shows a strong growth in Revenue. In the last year, the Revenue has grown by 29.20%.
  • The Revenue has been growing by 39.69% on average over the past years. This is a very strong growth!
  • FOUR is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 31.86% yearly.
  • The Revenue is expected to grow by 28.47% on average over the next years. This is a very strong growth

Assessing Health Metrics for NYSE:FOUR

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:FOUR has received a 6 out of 10:

  • With an excellent Altman-Z score value of 2.63, FOUR belongs to the best of the industry, outperforming 82.18% of the companies in the same industry.
  • FOUR's Debt to FCF ratio of 6.01 is fine compared to the rest of the industry. FOUR outperforms 60.40% of its industry peers.
  • FOUR has a Current Ratio of 3.32. This indicates that FOUR is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 3.32, FOUR belongs to the top of the industry, outperforming 88.12% of the companies in the same industry.
  • FOUR has a Quick Ratio of 3.31. This indicates that FOUR is financially healthy and has no problem in meeting its short term obligations.
  • FOUR has a better Quick ratio (3.31) than 89.11% of its industry peers.

Evaluating Profitability: NYSE:FOUR

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:FOUR has achieved a 5:

  • Looking at the Return On Assets, with a value of 3.84%, FOUR is in the better half of the industry, outperforming 78.22% of the companies in the same industry.
  • FOUR has a Return On Equity of 25.41%. This is amongst the best in the industry. FOUR outperforms 90.10% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 5.18%, FOUR is in the better half of the industry, outperforming 79.21% of the companies in the same industry.
  • In the last couple of years the Operating Margin of FOUR has grown nicely.

How do we evaluate the setup for NYSE:FOUR?

Besides the Technical Rating, ChartMill assigns a Setup Rating to every stock to determine the degree of consolidation. This rating, ranging from 0 to 10, is updated daily and evaluates various short-term technical indicators. NYSE:FOUR currently holds a 7 as its setup rating, suggesting a particular level of consolidation in the stock.

Besides having an excellent technical rating, FOUR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 64.36. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 63.79, a Stop Loss order could be placed below this zone.

Every day, new Strong Growth stocks can be found on ChartMill in our Strong Growth screener.

Our latest full fundamental report of FOUR contains the most current fundamental analsysis.

Our latest full technical report of FOUR contains the most current technical analsysis.

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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SHIFT4 PAYMENTS INC-CLASS A

NYSE:FOUR (2/22/2024, 12:19:43 PM)

73.68

+1.34 (+1.85%)

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