Square, Inc. enables payment processing, and also offers financial and marketing services. The Company provides sellers various tools to start, run, manage and grow their businesses. It serves sellers of all sizes, ranging from a single vendor at a farmers' market to multinational businesses. It serves as a payment service provider, acting as the touch point for the seller to the rest of the payment chain. Square Register is a point of sale (POS) software application for iPhone operating software (iOS) and Android, and is available to sellers across the world. Square Reader for magnetic stripe cards plugs into the standard headset jack of a mobile device, enabling swiped transactions. Square Customer Engagement helps sellers analyze and understand their businesses, engage their buyers in ongoing conversations, and promote their offerings through e-mail marketing. Caviar offers a food delivery service to help restaurants reach new customers.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: N/A
- Sub-Industry: N/A
- Exchange: NYSE
- Symbol: SQ
- Previous Close: $15.04
- 50 Day Moving Average: $14.67
- 200 Day Moving Average: $12.81
- 52-Week Range: $8.42 - $17.75
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -114.33
- P/E Growth: -2.43
- Market Cap: $6.04B
- Outstanding Shares: 352,138,000
- Beta: 4.66
- Net Margins: -12.55%
- Return on Equity: -31.99%
- Return on Assets: -16.18%
Companies Related to Square:
- Current Ratio: 1.73%
- Quick Ratio: 1.73%
What is Square's stock symbol?
Square trades on the New York Stock Exchange (NYSE) under the ticker symbol "SQ."
Where is Square's stock going? Where will Square's stock price be in 2017?
29 brokers have issued 12 month price targets for Square's stock. Their predictions range from $7.50 to $20.00. On average, they expect Square's stock price to reach $16.28 in the next year.
When will Square announce their earnings?
Square is scheduled to release their next quarterly earnings announcement on Tuesday, March, 7th 2017.
What are analysts saying about Square stock?
Here are some recent quotes from research analysts about Square stock:
- Stifel Nicolaus analysts commented, "Square reported 4Q:16 results ahead of expectations and provided 2017 guidance in-line with revenue expectations and ahead of profitability forecasts. Square increased Adj. revenue 43% y/y and generated $30mm in Adj. EBITDA (16% margin), both ahead of our and consensus expectations. Square guided FY:17 Adj. revenue to $880mm-$900mm versus prior consensus expectations of $894mm and Adj. EBITDA to $100-$110mm versus prior consensus expectations of $98.6mm, alleviating some concerns heading into the release. Square continues to gain traction with larger merchants, launch new features/services such as Square for Retail and Virtual Terminal, and cross-sell its ancillary services. We are raising our estimates for 1Q:17 and FY:17 and maintain our positive view as management continues to steadily execute its plan to build a robust/differentiated SMB payments and services ecosystem." (2/23/2017)
- Needham & Company LLC analysts commented, "SQ closed the book on its first full year as a publiclytraded company with a strong earnings report, beating Street estimates comfortably. Management also introduced upbeat 1Q and FY17 guidance that brackets consensus. We believe the guidance could turn out to be conservative based on the large market opportunity combined with SQ's success in moving up-market and cross-selling and up-selling multiple solutions that help merchants start, run, and grow their businesses. We are raising our FY17 estimates to near the high-end of the guidance range and also flowing the strength in the business into our FY18 outlook." (2/23/2017)
According to Zacks Investment Research, "Square, Inc. offers financial services and marketing services. The Company provides payments and point-of-sale which include hardware and software to accept payments, streamline operations and analyze business information. Its payments and POS services include In-Person Payments, Online Payments, Square Cash, Square Register, Square Analytics, Square Appointments and Square App Marketplace. The Company's financial services include Square Capital and Square Payroll. Square, Inc. is headquartered in San Francisco, California. " (1/5/2017)
RBC Capital Markets analysts commented, "2U reported a good second quarter with above-consensus results and higher 2016 guidance. The results support our long-term thesis that 2U has created a highly unique and defensible business that’s scaling into an open-ended growth opportunity. On balance, profit margins exhibit good improvements y/y, but the magnitude of improvements is starting to moderate. Additionally, no new programs were announced though pipeline commentary is bullish. Bottom Line: We believe 2U’s School-as- a-Service story is on a strong trajectory, and that its bundled services (marketing/ recruiting, content development, technology infrastructure management, etc.) and referenceability make it very attractive to universities while its long Tier 1 revenue growth visibility (30%+) mitigates execution risk. Last, an approaching EBITDA inflection/sizable step-up in 2017 and 2018 could entice new investors and/or lead to multiples expansion." (8/5/2016)
Craig Hallum analysts commented, "While we're impressed with the democratizing payment solutions business that Jack Dorsey and Company has built, we believe there will be two camps emerging on Square: 'show me the money' vs. 'I'm willing to invest' in growing the underlying business model while investments compress the earnings," analyst Bradley Berning wrote in a note. Berning is concerned that the longer-term risk factors will potentially pressure the stock, but remains aware of a "possible relief rally post the share lock-up pressure and the likelihood that management heard the message about missing expectations on expenses in Q1."The analyst noted that Square's TAM is two-thirds smaller than investors realize; the brokerage's data show Square's addressable number of merchants is likely closer to 10 million versus the perceived 30 million.Further, the rising competition from Paypal Holdings Inc (NASDAQ: PYPL), Stripe, Intuit GoPayment, ShopKeep, Revel and small specialized players like MindBody could pressure margins. Also, the company can't afford to move upmarket due to higher capital spending.Looking Forward"Square is moving upmarket to add scale, but we believe that based on PayPal's development spending, Square will need to nearly double spending on mobile and online offerings to generate consensus expectations of $100+ billion of payments volume by 2020," Berning highlighted.The analyst noted the regulatory and competitive risks to Square Capital, which provides short-term business loans to merchants, as the pricing model is "unsustainably structured and lacks transparency."Berning said, "Regulators view the advertised 10–15 percent industry flat fee approach used by Square and small business online lenders as misleading because it obscures an APR (Annual Percentage Rate) ranging between 26 percent and 43 percent. Furthermore, new competitors have recently entered this market, including Wells Fargo & Co (NYSE: WFC) with a 14–23 percent APR."Related Link:Gene Munster Says Apple Pay A Legitimate Threat To PayPal's Staying Power"Consensus appears to be assuming Square Capital will contribute over 40 percent of 2020 pre-tax operating profit; we question this given the regulatory and competitive risk," Berning noted.The analyst expects Square to be profitable by 2020, but "we doubt investors fully comprehend that vesting and profitability will bring a 60 percent increase in share count as employee stock options get factored in." (6/15/2016)
Who owns Square stock?
Square's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (2.54%), Allianz Asset Management AG (2.13%), Alyeska Investment Group L.P. (0.64%), Light Street Capital Management LLC (0.54%), EastBay Asset Management LLC (0.39%) and Sapphire Ventures L.L.C. (0.38%). Company insiders that own Square stock include Alyssa Henry, Dana Wagner, Francoise Brougher, Jack Dorsey, James Morgan Jr Mckelvey, Lawrence Henry Summers, Rizvi Traverse Management, Llc, Sarah Friar and Ventures Iii LP Khosla.
Who sold Square stock? Who is selling Square stock?
Square's stock was sold by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc.. Company insiders that have sold Square stock in the last year include Alyssa Henry, Dana Wagner, Francoise Brougher, Jack Dorsey, James Morgan Jr Mckelvey, Lawrence Henry Summers, Sarah Friar and Ventures Iii LP Khosla.
Who bought Square stock? Who is buying Square stock?
Square's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Allianz Asset Management AG, Light Street Capital Management LLC, EastBay Asset Management LLC, Sapphire Ventures L.L.C., Renaissance Technologies LLC, Franklin Resources Inc. and Jafra Capital Management LP.
How do I buy Square stock?
Shares of Square can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Square stock cost?
One share of Square stock can currently be purchased for approximately $17.15.