Growth ProspectsFOUR is tracking well against its guidance and mid-term outlook, which should be well received in the current environment.
Leadership StabilityExecutive role announcements at Shift4 are a logical positive, as the roles allow the company to maintain course with Mr Lauber as CEO for relative stability, while benefiting from Mr Isaacman’s strategic expertise and involvement.
ValuationReiterating a Buy rating on FOUR and viewing the company’s shares as undervalued relative to its growth rate and peers in the POS space.