Square Company Profile (NYSE:SQ)

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

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

Square is scheduled to release their next quarterly earnings announcement on Monday, October, 30th 2017. View Earnings Estimates for Square.

Square issued an update on its FY17 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share guidance of $0.21-0.23 for the period, compared to the Thomson Reuters consensus 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.

27 analysts have issued 12-month target prices for Square's shares. Their forecasts range from $17.00 to $31.00. On average, they anticipate Square's stock price to reach $24.19 in the next twelve months. View Analyst Ratings for Square.

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

• 1. According to Zacks Investment Research, "Square provides payments and point-of-sale (POS) services. The company's adjusted loss in the second quarter of 2017 was in line with the Zacks Consensus Estimate, while revenues surpassed the same.  Year to date, the stock has outperformed the Zacks Internet-Software industry. Square’s comprehensive commerce ecosystem, accelerated business growth and focus on integration, automation, and platform are positives. However, it’s currently a loss making business and vulnerability to intense competition and changing technology, industry standards and seller and buyer needs pose challenges." (8/7/2017)
• 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)
• 3. BTIG Research analysts commented, "While those trying to poke holes in the bullish thesis on Square (SQ) have focused on issues such as the impact of competition in the small business payments space, the company's path to greater profitability and its ability to leverage its core transactions-based model to maximize sales of the ancillary products and services in its ecosystem, one of the persistent questions about the company revolves around the size of its total addressable market (TAM)... Our $20 price target is based on 24X our 2020E EBITDA estimate of $470mm discounted back at 10%. Our multiple reflects our anticipation of the company's continued rapid growth, while our 10% discount rate reflects our estimate of the company's cost of capital." (3/28/2017)
• 4. Instinet analysts commented, "SQ recently reported 4Q16/FY16 results and provided FY17 guidance. Results were very strong, primarily marked by accelerating net yield (1.04% vs. 1.01% in 3Q), +68% volume growth at SQ capital, and'perhaps most importantly'adj. EBITDA markedly ahead of expectations ($30mn vs. guidance of $16-18mn)." (3/6/2017)

Square saw a increase in short interest in the month of June. As of June 30th, there was short interest totalling 20,601,496 shares, an increase of 26.1% from the June 15th total of 16,337,893 shares. Based on an average trading volume of 7,164,823 shares, the short-interest ratio is presently 2.9 days. Approximately 9.8% of the shares of the stock are sold short.

Some companies that are related to Square include Check Point Software Technologies (CHKP), Symantec Corporation (SYMC), Mobileye N.V. (MBLY), ANSYS (ANSS), PTC (PTC), King Digital Entertainment PLC (KING), Sabre Corporation (SABR), Twilio (TWLO), Zendesk (ZEN), Mulesoft (MULE), New Relic (NEWR), Box (BOX), CyberArk Software (CYBR), Five9 (FIVN), Radware (RDWR), Keywords Studios PLC (KWS), GB Group plc (GBG) and Rosetta Stone (RST).

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 McKelvey, Director
• Roelof Frederick Botha, Independent Director
• Paul Deighton, Independent Director

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

Square's stock is owned by a variety of of retail and institutional investors. Top institutional investors include FMR LLC (6.35%), Vanguard Group Inc. (5.06%), Capital World Investors (4.07%), Bank of New York Mellon Corp (2.92%), Renaissance Technologies LLC (2.41%) and BlackRock Inc. (1.76%). 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.

Square's stock was sold by a variety of institutional investors in the last quarter, including KPCB DGF Associates LLC, Bank of New York Mellon Corp, EastBay Asset Management LLC, Gladstone Capital Management LLP, Hamilton Lane Advisors LLC, Light Street Capital Management LLC, Victory Capital Management Inc. and Robeco Institutional Asset Management B.V.. Company insiders that have sold Square stock in the last year include Alyssa Henry, Dana Wagner, 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.

Square's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Capital World Investors, State Treasurer State of Michigan, BlackRock Inc., Eagle Asset Management Inc. and Nikko Asset Management Americas Inc.. View Insider Buying and Selling for Square.

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.

One share of Square stock can currently be purchased for approximately $24.99.