SHIFT4 PAYMENTS INC-CLASS A (NYSE:FOUR) - A High Growth Momentum Stock with Strong Technical Setup

SHIFT4 PAYMENTS INC-CLASS A (NYSE:FOUR) stands out as a high-growth momentum candidate with a solid technical setup, making it an interesting watch for investors. The company combines strong earnings momentum with a favorable chart pattern, suggesting potential for further upside.

Growth Momentum Highlights

• Earnings Growth: FOUR reported a 98.1% year-over-year EPS growth in the most recent quarter, with TTM EPS growth at 54.5%.
• Sales Growth: Revenue growth remains strong, with a 19.9% increase in the latest quarter and 27.4% over the past 12 months.
• Profit Margins: The company has improved profitability, with a trailing twelve-month profit margin of 6.8%, up from 3.4% two years ago.
• Analyst Revisions: EPS estimates for the next year have been revised upward by 16.4% over the past three months, indicating improving sentiment.
• Free Cash Flow Growth: FCF per share grew 69.6% year-over-year, reinforcing financial health.

Technical Strength & Setup

• Technical Rating (8/10): FOUR’s chart shows a positive short-term trend, outperforming 82% of stocks in the market.
• Setup Quality (8/10): The stock is consolidating within an $85.33-$97.43 range, presenting a potential entry point. Support is found near $88.72-$89.86, while resistance sits at $92.47-$93.21.
• Relative Strength: FOUR ranks in the top 18% of stocks based on price performance over the past year.
• Volume & Liquidity: Average daily volume of 1.87 million shares ensures good liquidity for trading.

For a deeper look at the technicals, review the full technical report here.

Our High Growth Momentum Breakout Setups Screen lists more stocks with similar characteristics and is updated daily.

Disclaimer

This is not investing advice. Always conduct your own research and consider your risk tolerance before making investment decisions.