Shift4 Payments, Inc. (FOUR): A Bull Case Theory

 We came across a bullish thesis on Shift4 Payments, Inc. on Coughlin Capital’s Substack by Brian Coughlin. In this article, we will summarize the bulls’ thesis on FOUR. Shift4 Payments, Inc.'s share was trading at $80.93 as of September 24th. FOUR’s trailing and forward P/E were 31.50 and 12.06 respectively according to Yahoo Finance.

Shift4 (FOUR) is a $7.5 billion market cap company growing ~30% annually, positioned as a sticky, software-led commerce platform rather than just a “vertical processor.” The company has a clear roadmap toward ~$1 billion in free cash flow...