Square Company Profile (NYSE:SQ)

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

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.

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

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.

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.

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)

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.

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

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

(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.

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.

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.

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.

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 $32.50.