Should you buy Shift4 stock? (June 2024)

Published first at https://www.3minutebreakdowns.com Shift4 stock analysis. Ticker: $FOUR Shift4 Payments provides point of sale solutions that help businesses accept payments. The company has been focussing on restaurants, hotels and stadiums and is showing strong growth across the board. At the latest price, Shift4 has a market cap of 6.8 billion dollars. With 600 million of cash and 1.8 billion of debt the enterprise value is 8 billion. Revenue over the last 12 months comes to 2.7 billion with 131 million of net income and 492 million of adjusted ebitda. CEO Jared Isaacman started Shift4 when he was 16 and he’s led the company to double digit revenue growth for 25 consecutive years. More recently, total payment volume grew 50% with EBITDA growing over 30%. And Shift4 recently provided guidance which suggests adjusted ebitda will come to 658 million this year with free cash flow of 395 million. That means the stock is trading at 20 times this years free cash flow and 12 times this years adjusted ebitda. That’s a dirt cheap multiple when compared to growth and other companies in the space. Toast for comparison trades at over 50 times ebitda. #investing #stocks #stockstobuy #3mb