Why Shift4 Payments (FOUR) Might be Well Poised for a Surge

Core Viewpoint - Shift4 Payments (FOUR) is showing a significantly improving earnings outlook, making it an attractive option for investors as analysts continue to raise their earnings estimates for the company [1][2]. Earnings Estimate Revisions - Analysts' optimism regarding Shift4 Payments' earnings prospects is leading to higher estimates, which is expected to positively impact the stock price [2]. - The Zacks Rank system indicates a strong correlation between earnings estimate revisions and stock price movements, with Zacks 1 Ranked stocks averaging a +25% annual return since 2008 [3]. - For the current quarter, the earnings estimate is $1.33 per share, reflecting a +38.54$5.46 per share, representing a +40.36% change from the prior year, with a 17.27% increase in the consensus estimate due to seven upward revisions against one downward revision [6][7]. Zacks Rank and Performance - Shift4 Payments has achieved a Zacks Rank 2 (Buy) due to favorable estimate revisions, indicating strong potential for stock performance [8]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have been shown to significantly outperform the S&P 500 [8]. Stock Performance - The stock has gained 13.6% over the past four weeks, driven by solid estimate revisions, suggesting that its earnings growth prospects may lead to further increases in stock value [9].