Square Company Profile (NYSE:SQ)

About Square (NYSE:SQ)

Square logoSquare, Inc. (Square) is a commerce ecosystem. The Company enables its sellers start, run and grow their businesses. It combines software with hardware to enable sellers to turn mobile devices and computing devices into payments and point-of-sale solutions. Once a seller downloads the Square Point of Sale mobile application, they can take their first payment. With its offering, a seller can accept payments in person via magnetic stripe (a swipe), Europay, MasterCard, and Visa (EMV) (a dip), or Near Field Communication (NFC) (a tap); or online via Square Invoices, Square Virtual Terminal, or the seller's Website. Once on its system, sellers gain access to technology and features, such as reporting and analytics, next-day settlements, digital receipts, payment dispute management and chargeback protection, and Payment Card Industry (PCI) compliance. On the consumer (buyer) side, Square Cash offers individuals access to a way to send and receive money.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Symbol: NYSE:SQ
  • CUSIP: N/A
  • Web: www.squareup.com
Capitalization:
  • Market Cap: $12.47018 billion
  • Outstanding Shares: 383,698,000
Average Prices:
  • 50 Day Moving Avg: $29.35
  • 200 Day Moving Avg: $24.34
  • 52 Week Range: $11.00 - $33.31
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: Infinity
  • P/E Growth: 6.69
Sales & Book Value:
  • Annual Revenue: $1.9 billion
  • Price / Sales: 6.56
  • Book Value: $1.84 per share
  • Price / Book: 17.66
Profitability:
  • EBITDA: ($41,200,000.00)
  • Net Margins: -4.13%
  • Return on Equity: -12.41%
  • Return on Assets: -5.36%
Debt:
  • Debt-to-Equity Ratio: 0.50%
  • Current Ratio: 2.30%
  • Quick Ratio: 2.30%
Misc:
  • Average Volume: 7.03 million shs.
  • Beta: 4.78
  • Short Ratio: 2.41
 

Frequently Asked Questions for Square (NYSE:SQ)

What is Square's stock symbol?

Square trades on the New York Stock Exchange (NYSE) under the ticker symbol "SQ."

How were Square's earnings last quarter?

Square, Inc. (NYSE:SQ) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.01. The business earned $240 million during the quarter, compared to the consensus estimate of $228.64 million. Square had a negative return on equity of 12.41% and a negative net margin of 4.13%. The company's quarterly revenue was up 40.4% on a year-over-year basis. During the same quarter last year, the company earned ($0.08) earnings per share. View Square's Earnings History.

When will Square make its next earnings announcement?

Square is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Square.

What guidance has Square issued on next quarter's earnings?

Square updated its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $0.21-0.23 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.21. The company issued revenue guidance of $925-935 million, compared to the consensus revenue estimate of $917.54 million.Square also updated its Q3 guidance to $0.04-0.05 EPS.

Where is Square's stock going? Where will Square's stock price be in 2017?

31 analysts have issued 1-year price targets for Square's shares. Their forecasts range from $17.00 to $38.00. On average, they expect Square's share price to reach $25.95 in the next twelve months. View Analyst Ratings for Square.

What are analysts saying about Square stock?

Here are some recent quotes from research analysts about Square stock:

  • 1. According to Zacks Investment Research, "Square has outperformed the industry on a year-to-date basis. The company’s comprehensive commerce ecosystem, accelerated business growth and focus on integration, automation, and platform are key catalysts. The company's plan to open a wholly-owned brick-and-mortar bank is positive in our view. Meanwhile, automation is enabling the company to increase reach of financial system to more people, scale up its own operations and help sellers with advanced CRM tools. Moreover, the company displays consistent business growth through balancing investment and margin expansion. However, it’s currently a loss making enterprise, which doesn't augur with investors. Moreover, vulnerability to intense competition and changing technology, industry standards and seller and buyer needs pose signficant challenges." (10/16/2017)
  • 2. Stifel Nicolaus analysts commented, "We maintain our positive view as Square builds a uniquely positioned micro / SMB payment and services ecosystem." (5/4/2017)

Are investors shorting Square?

Square saw a increase in short interest during the month of September. As of September 29th, there was short interest totalling 28,380,725 shares, an increase of 21.0% from the September 15th total of 23,463,585 shares. Based on an average daily volume of 6,016,005 shares, the short-interest ratio is currently 4.7 days. Currently, 11.9% of the shares of the stock are short sold.

Who are some of Square's key competitors?

Who are Square's key executives?

Square's management team includes the folowing people:

  • Jack Dorsey, Chairman of the Board, President, Chief Executive Officer
  • Sarah Friar, Chief Financial Officer
  • Hillary B. Smith, General Counsel and Corporate Secretary
  • Alyssa Henry, Seller Lead
  • Jacqueline Reses, Square Capital Lead and People Lead
  • David A. Viniar, Lead Independent Director
  • Randall J. Garutti, Director
  • Jim Morgan McKelvey, Director
  • Naveen Rao Ph.D., Director
  • Roelof Frederick Botha, Independent Director

When did Square IPO?

(SQ) raised $324 million in an initial public offering on Thursday, November 19th 2015. The company issued 27,000,000 shares at $11.00-$13.00 per share. Goldman Sachs, Morgan Stanley and J.P. Morgan served as the underwriters for the IPO and Barclays, Deutsche Bank Securities, Jefferies, RBC Capital Markets, Stifel, LOYAL3 Securities and SMBC Nikko were co-managers.

Who owns Square stock?

Square's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Treasurer State of Michigan (0.61%), Robeco Institutional Asset Management B.V. (0.36%) and Moloney Securities Asset Management LLC (0.03%). Company insiders that own Square stock include Alyssa Henry, Dana Wagner, Francoise Brougher, Jack Dorsey, Jacqueline D Reses, James Morgan Jr Mckelvey, Lawrence Henry Summers, Rizvi Traverse Management, Llc, Sarah Friar and Ventures Iii LP Khosla. View Institutional Ownership Trends for Square.

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 Robeco Institutional Asset Management B.V.. Company insiders that have sold Square stock in the last year include Alyssa Henry, Francoise Brougher, Jack Dorsey, Jacqueline D Reses, James Morgan Jr Mckelvey, Lawrence Henry Summers, Sarah Friar and Ventures Iii LP Khosla. View Insider Buying and Selling for Square.

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 State Treasurer State of Michigan and Moloney Securities Asset Management LLC. View Insider Buying and Selling for Square.

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.

What is Square's stock price today?

One share of Square stock can currently be purchased for approximately $32.50.


MarketBeat Community Rating for Square (NYSE SQ)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  489 (Vote Outperform)
Underperform Votes:  291 (Vote Underperform)
Total Votes:  780
MarketBeat's community ratings are surveys of what our community members think about Square and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Square (NYSE:SQ) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 11 Hold Ratings, 20 Buy Ratings
Consensus Rating:Buy (Score: 2.65)
Consensus Price Target: $25.95 (20.16% downside)
Consensus Price Target History for Square (NYSE:SQ)
Price Target History for Square (NYSE:SQ)
Analysts' Ratings History for Square (NYSE:SQ)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/18/2017Citigroup Inc.Boost Price TargetBuy$30.00 -> $38.00N/AView Rating Details
10/12/2017CIBCInitiated CoverageOutperform$35.00N/AView Rating Details
10/12/2017Oppenheimer Holdings, Inc.Initiated CoverageOutperform$35.00 -> $35.00N/AView Rating Details
10/9/2017Bank of America CorporationBoost Price TargetNeutral$29.00 -> $31.00N/AView Rating Details
10/8/2017Royal Bank Of CanadaReiterated RatingBuy$31.00N/AView Rating Details
10/3/2017KeyCorpBoost Price TargetOverweight -> Overweight$29.00 -> $32.00MediumView Rating Details
9/25/2017Tigress FinancialReiterated RatingBuyLowView Rating Details
9/12/2017Cantor FitzgeraldInitiated CoverageOverweight$31.00LowView Rating Details
9/7/2017BTIG ResearchReiterated RatingNeutralLowView Rating Details
8/9/2017WedbushReiterated RatingNeutral$28.00LowView Rating Details
8/9/2017Credit Suisse GroupReiterated RatingNeutral$25.00 -> $26.00LowView Rating Details
8/9/2017Deutsche Bank AGReiterated RatingBuy$28.00LowView Rating Details
8/9/2017Canaccord GenuityReiterated RatingHold$18.00 -> $26.00LowView Rating Details
8/9/2017Barclays PLCReiterated RatingOverweight$21.00 -> $28.00LowView Rating Details
8/9/2017Stifel NicolausReiterated RatingBuy$27.00 -> $29.00LowView Rating Details
8/3/2017Needham & Company LLCReiterated RatingBuy -> Buy$20.00 -> $30.00LowView Rating Details
8/3/2017Craig HallumReiterated RatingHold$18.00 -> $23.00LowView Rating Details
7/26/2017Piper Jaffray CompaniesReiterated RatingHold$24.00MediumView Rating Details
7/6/2017Keefe, Bruyette & WoodsReiterated RatingHold$19.50LowView Rating Details
7/6/2017Jefferies Group LLCReiterated RatingBuy$28.00LowView Rating Details
6/28/2017MizuhoInitiated CoverageBuy$28.00HighView Rating Details
5/19/2017Morgan StanleyReiterated RatingEqual Weight$17.00 -> $20.00LowView Rating Details
5/15/2017StephensBoost Price TargetOverweight$20.00 -> $22.00LowView Rating Details
5/4/2017Pacific CrestBoost Price TargetOverweight$19.00 -> $21.00MediumView Rating Details
5/4/2017InstinetBoost Price TargetBuy$21.00 -> $22.00HighView Rating Details
5/4/2017GuggenheimDowngradeBuy -> Neutral$19.00 -> $20.00HighView Rating Details
3/21/2017Raymond James Financial, Inc.Initiated CoverageMkt Perform -> Market PerformHighView Rating Details
2/24/2017Susquehanna Bancshares IncInitiated CoveragePositive -> Positive$20.00N/AView Rating Details
2/23/2017Goldman Sachs Group, Inc. (The)Boost Price TargetBuy$15.00 -> $17.00N/AView Rating Details
1/10/2017Compass PointBoost Price TargetBuy$14.00 -> $19.00N/AView Rating Details
12/20/2016NomuraInitiated CoverageBuy$18.00 -> $18.00N/AView Rating Details
8/4/2016SunTrust Banks, Inc.Boost Price TargetNeutral$11.00 -> $13.00N/AView Rating Details
8/4/2016Evercore ISIBoost Price TargetHold$7.00 -> $8.00N/AView Rating Details
5/7/2016J P Morgan Chase & CoReiterated RatingOverweight$14.00N/AView Rating Details
3/31/2016Monness Crespi & HardtDowngradeBuy -> NeutralN/AView Rating Details
1/21/2016William BlairInitiated CoverageMarket PerformN/AView Rating Details
12/15/2015Topeka Capital MarketsInitiated CoverageHold$13.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Square (NYSE:SQ)
Earnings by Quarter for Square (NYSE:SQ)
Earnings History by Quarter for Square (NYSE SQ)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.05N/AView Earnings Details
8/2/2017Q2 2017($0.05)($0.04)$228.64 million$240.00 millionViewListenView Earnings Details
5/3/2017Q1 2017($0.08)($0.03)$450.66 million$461.55 millionViewListenView Earnings Details
2/22/2017Q416($0.09)($0.04)$450.40 million$191.90 millionViewListenView Earnings Details
11/1/2016Q316($0.11)($0.09)$374.36 million$439.00 millionViewN/AView Earnings Details
8/3/2016Q216($0.11)($0.08)$406.93 million$439.00 millionViewN/AView Earnings Details
5/5/2016Q116($0.09)($0.14)$342.66 million$146.00 millionViewN/AView Earnings Details
3/9/2016Q415($0.13)($0.34)$340.60 million$374.36 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Square (NYSE:SQ)
2017 EPS Consensus Estimate: ($0.20)
2018 EPS Consensus Estimate: ($0.02)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173($0.09)($0.07)($0.08)
Q2 20174($0.09)($0.02)($0.05)
Q3 20174($0.06)($0.04)($0.05)
Q4 20174($0.04)($0.02)($0.03)
Q2 20181($0.01)($0.01)($0.01)
Q3 20181($0.01)($0.01)($0.01)
Q1 20191$0.02$0.02$0.02
Q2 20191$0.03$0.03$0.03
Q3 20191$0.03$0.03$0.03
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Square (NYSE:SQ)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Square (NYSE:SQ)
Insider Ownership Percentage: 32.68%
Institutional Ownership Percentage: 53.97%
Insider Trades by Quarter for Square (NYSE:SQ)
Institutional Ownership by Quarter for Square (NYSE:SQ)
Insider Trades by Quarter for Square (NYSE:SQ)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
10/17/2017James Morgan Jr. MckelveyDirectorSell400,000$32.72$13,088,000.00View SEC Filing  
10/13/2017Sarah FriarCFOSell38,400$32.81$1,259,904.00View SEC Filing  
9/21/2017Sarah FriarCFOSell38,400$28.36$1,089,024.00View SEC Filing  
9/20/2017Sarah FriarCFOSell19,200$28.41$545,472.00View SEC Filing  
9/11/2017James Morgan Jr. MckelveyDirectorSell400,000$27.22$10,888,000.00View SEC Filing  
8/24/2017Sarah FriarCFOSell38,400$25.58$982,272.00View SEC Filing  
8/23/2017Sarah FriarCFOSell19,200$25.54$490,368.00View SEC Filing  
8/15/2017James Morgan Jr. MckelveyDirectorSell400,000$25.02$10,008,000.00View SEC Filing  
7/18/2017Sarah FriarCFOSell38,400$26.39$1,013,376.00View SEC Filing  
7/17/2017Sarah FriarCFOSell19,200$26.25$504,000.00View SEC Filing  
6/23/2017Sarah FriarCFOSell38,400$24.22$930,048.00View SEC Filing  
6/5/2017James Morgan Jr. MckelveyDirectorSell90,000$23.36$2,102,400.00View SEC Filing  
5/30/2017Jack DorseyCEOSell309,000$22.70$7,014,300.00View SEC Filing  
5/25/2017Sarah FriarCFOSell38,400$22.09$848,256.00View SEC Filing  
5/16/2017Jack DorseyCEOSell381,500$20.42$7,790,230.00View SEC Filing  
5/2/2017Jack DorseyCEOSell381,500$18.63$7,107,345.00View SEC Filing  
5/2/2017Jacqueline D ResesInsiderSell10,936$18.95$207,237.20View SEC Filing  
4/26/2017Alyssa HenryInsiderSell5,406$18.23$98,551.38View SEC Filing  
4/26/2017Sarah FriarCFOSell2,696$18.23$49,148.08View SEC Filing  
4/19/2017Sarah FriarCFOSell38,400$17.12$657,408.00View SEC Filing  
4/18/2017Jack DorseyCEOSell381,500$16.96$6,470,240.00View SEC Filing  
4/11/2017James Morgan Jr. MckelveyDirectorSell90,000$16.78$1,510,200.00View SEC Filing  
4/4/2017Jack DorseyCEOSell381,500$17.00$6,485,500.00View SEC Filing  
3/29/2017Sarah FriarCFOSell38,400$17.25$662,400.00View SEC Filing  
3/21/2017Jack DorseyCEOSell381,500$16.80$6,409,200.00View SEC Filing  
3/21/2017James Morgan Jr. MckelveyDirectorSell90,000$17.25$1,552,500.00View SEC Filing  
3/2/2017Ventures Iii L.P. KhoslaMajor ShareholderSell1,000,000$17.30$17,300,000.00View SEC Filing  
2/14/2017James Morgan Jr. MckelveyDirectorSell90,000$14.30$1,287,000.00View SEC Filing  
2/7/2017Jack DorseyCEOSell381,500$14.39$5,489,785.00View SEC Filing  
1/26/2017Alyssa HenryInsiderSell5,905$14.50$85,622.50View SEC Filing  
1/26/2017Sarah FriarCFOSell3,155$14.50$45,747.50View SEC Filing  
1/24/2017Jack DorseyCEOSell381,500$14.56$5,554,640.00View SEC Filing  
1/19/2017Francoise BrougherInsiderSell57,692$14.77$852,110.84View SEC Filing  
1/10/2017Jack DorseyCEOSell381,500$15.17$5,787,355.00View SEC Filing  
1/10/2017James Morgan Jr. MckelveyDirectorSell90,000$15.13$1,361,700.00View SEC Filing  
1/6/2017Lawrence Henry SummersDirectorSell23,125$15.00$346,875.00View SEC Filing  
1/5/2017Francoise BrougherInsiderSell57,693$14.08$812,317.44View SEC Filing  
12/27/2016Jack DorseyCEOSell381,500$14.09$5,375,335.00View SEC Filing  
12/22/2016Francoise BrougherInsiderSell57,692$14.07$811,726.44View SEC Filing  
12/12/2016James Morgan Jr. MckelveyDirectorSell400,000$13.85$5,540,000.00View SEC Filing  
12/8/2016Francoise BrougherInsiderSell173,077$14.01$2,424,808.77View SEC Filing  
12/7/2016Lawrence Henry SummersDirectorSell23,125$13.75$317,968.75View SEC Filing  
11/30/2016Ventures Iii L.P. KhoslaMajor ShareholderSell2,000,000$12.67$25,340,000.00View SEC Filing  
11/29/2016Jack DorseyCEOSell381,500$12.56$4,791,640.00View SEC Filing  
11/29/2016Ventures Iii L.P. KhoslaMajor ShareholderSell960,000$12.60$12,096,000.00View SEC Filing  
11/28/2016Ventures Iii L.P. KhoslaMajor ShareholderSell689,000$12.73$8,770,970.00View SEC Filing  
11/16/2016Francoise BrougherInsiderSell2,042$11.83$24,156.86View SEC Filing  
11/7/2016James Morgan Jr. MckelveyDirectorSell400,000$12.27$4,908,000.00View SEC Filing  
11/4/2016Francoise BrougherInsiderSell173,077$12.00$2,076,924.00View SEC Filing  
10/26/2016Francoise BrougherInsiderSell7,152$11.08$79,244.16View SEC Filing  
10/26/2016Sarah FriarCFOSell2,704$11.05$29,879.20View SEC Filing  
10/19/2016James Morgan Jr. MckelveyDirectorSell400,000$11.24$4,496,000.00View SEC Filing  
9/28/2016Francoise BrougherInsiderSell57,692$12.00$692,304.00View SEC Filing  
9/13/2016James Morgan Jr. MckelveyDirectorSell400,000$11.27$4,508,000.00View SEC Filing  
8/23/2016Dana WagnerInsiderSell50,000$12.27$613,500.00View SEC Filing  
8/23/2016Lawrence Henry SummersDirectorSell23,125$12.50$289,062.50View SEC Filing  
8/5/2016Dana WagnerInsiderSell50,000$11.29$564,500.00View SEC Filing  
8/5/2016Lawrence Henry SummersDirectorSell115,625$11.08$1,281,125.00View SEC Filing  
7/26/2016Dana WagnerInsiderSell6,953$9.77$67,930.81View SEC Filing  
7/26/2016Sarah FriarCFOSell2,690$9.77$26,281.30View SEC Filing  
6/16/2016Dana WagnerInsiderSell2,655$8.65$22,965.75View SEC Filing  
5/25/2016James Morgan Jr. MckelveyDirectorSell135,000$9.80$1,323,000.00View SEC Filing  
5/18/2016Dana WagnerInsiderSell200,000$9.43$1,886,000.00View SEC Filing  
5/17/2016Jack DorseyCEOSell168,750$9.12$1,539,000.00View SEC Filing  
11/24/2015Rizvi Traverse Management, LlcMajor ShareholderBuy750,000$9.00$6,750,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Square (NYSE:SQ)
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Chart

Square (SQ) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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