About Square (NYSE:SQ)
Square, 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
- Market Cap: $12.47018 billion
- Outstanding Shares: 383,698,000
- 50 Day Moving Avg: $29.35
- 200 Day Moving Avg: $24.34
- 52 Week Range: $11.00 - $33.31
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: Infinity
- P/E Growth: 6.69
- Annual Revenue: $1.9 billion
- Price / Sales: 6.56
- Book Value: $1.84 per share
- Price / Book: 17.66
- EBITDA: ($41,200,000.00)
- Net Margins: -4.13%
- Return on Equity: -12.41%
- Return on Assets: -5.36%
- Debt-to-Equity Ratio: 0.50%
- Current Ratio: 2.30%
- Quick Ratio: 2.30%
- 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?
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?
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).
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?
MarketBeat Community Rating for Square (NYSE SQ)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.
One share of Square stock can currently be purchased for approximately $32.50.
Consensus Ratings for Square (NYSE:SQ) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|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)
Analysts' Ratings History for Square (NYSE:SQ)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Citigroup Inc.||Boost Price Target||Buy||$30.00 -> $38.00||N/A|
|10/12/2017||Oppenheimer Holdings, Inc.||Initiated Coverage||Outperform||$35.00 -> $35.00||N/A|
|10/9/2017||Bank of America Corporation||Boost Price Target||Neutral||$29.00 -> $31.00||N/A|
|10/8/2017||Royal Bank Of Canada||Reiterated Rating||Buy||$31.00||N/A|
|10/3/2017||KeyCorp||Boost Price Target||Overweight -> Overweight||$29.00 -> $32.00||Medium|
|9/25/2017||Tigress Financial||Reiterated Rating||Buy||Low|
|9/12/2017||Cantor Fitzgerald||Initiated Coverage||Overweight||$31.00||Low|
|9/7/2017||BTIG Research||Reiterated Rating||Neutral||Low|
|8/9/2017||Credit Suisse Group||Reiterated Rating||Neutral||$25.00 -> $26.00||Low|
|8/9/2017||Deutsche Bank AG||Reiterated Rating||Buy||$28.00||Low|
|8/9/2017||Canaccord Genuity||Reiterated Rating||Hold||$18.00 -> $26.00||Low|
|8/9/2017||Barclays PLC||Reiterated Rating||Overweight||$21.00 -> $28.00||Low|
|8/9/2017||Stifel Nicolaus||Reiterated Rating||Buy||$27.00 -> $29.00||Low|
|8/3/2017||Needham & Company LLC||Reiterated Rating||Buy -> Buy||$20.00 -> $30.00||Low|
|8/3/2017||Craig Hallum||Reiterated Rating||Hold||$18.00 -> $23.00||Low|
|7/26/2017||Piper Jaffray Companies||Reiterated Rating||Hold||$24.00||Medium|
|7/6/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$19.50||Low|
|7/6/2017||Jefferies Group LLC||Reiterated Rating||Buy||$28.00||Low|
|5/19/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$17.00 -> $20.00||Low|
|5/15/2017||Stephens||Boost Price Target||Overweight||$20.00 -> $22.00||Low|
|5/4/2017||Pacific Crest||Boost Price Target||Overweight||$19.00 -> $21.00||Medium|
|5/4/2017||Instinet||Boost Price Target||Buy||$21.00 -> $22.00||High|
|5/4/2017||Guggenheim||Downgrade||Buy -> Neutral||$19.00 -> $20.00||High|
|3/21/2017||Raymond James Financial, Inc.||Initiated Coverage||Mkt Perform -> Market Perform||High|
|2/24/2017||Susquehanna Bancshares Inc||Initiated Coverage||Positive -> Positive||$20.00||N/A|
|2/23/2017||Goldman Sachs Group, Inc. (The)||Boost Price Target||Buy||$15.00 -> $17.00||N/A|
|1/10/2017||Compass Point||Boost Price Target||Buy||$14.00 -> $19.00||N/A|
|12/20/2016||Nomura||Initiated Coverage||Buy||$18.00 -> $18.00||N/A|
|8/4/2016||SunTrust Banks, Inc.||Boost Price Target||Neutral||$11.00 -> $13.00||N/A|
|8/4/2016||Evercore ISI||Boost Price Target||Hold||$7.00 -> $8.00||N/A|
|5/7/2016||J P Morgan Chase & Co||Reiterated Rating||Overweight||$14.00||N/A|
|3/31/2016||Monness Crespi & Hardt||Downgrade||Buy -> Neutral||N/A|
|1/21/2016||William Blair||Initiated Coverage||Market Perform||N/A|
|12/15/2015||Topeka Capital Markets||Initiated Coverage||Hold||$13.00||N/A|
Earnings History for Square (NYSE:SQ)Earnings History by Quarter for Square (NYSE SQ)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||($0.05)||($0.04)||$228.64 million||$240.00 million||View||Listen|
|5/3/2017||Q1 2017||($0.08)||($0.03)||$450.66 million||$461.55 million||View||Listen|
|2/22/2017||Q416||($0.09)||($0.04)||$450.40 million||$191.90 million||View||Listen|
|11/1/2016||Q316||($0.11)||($0.09)||$374.36 million||$439.00 million||View||N/A|
|8/3/2016||Q216||($0.11)||($0.08)||$406.93 million||$439.00 million||View||N/A|
|5/5/2016||Q116||($0.09)||($0.14)||$342.66 million||$146.00 million||View||N/A|
|3/9/2016||Q415||($0.13)||($0.34)||$340.60 million||$374.36 million||View||N/A|
Earnings Estimates for Square (NYSE:SQ)
2017 EPS Consensus Estimate: ($0.20)
2018 EPS Consensus Estimate: ($0.02)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Square (NYSE:SQ)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Square (NYSE:SQ)
Insider Ownership Percentage: 32.68%Insider Trades by Quarter for Square (NYSE:SQ)
Institutional Ownership Percentage: 53.97%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|10/17/2017||James Morgan Jr. Mckelvey||Director||Sell||400,000||$32.72||$13,088,000.00|| |
|10/13/2017||Sarah Friar||CFO||Sell||38,400||$32.81||$1,259,904.00|| |
|9/21/2017||Sarah Friar||CFO||Sell||38,400||$28.36||$1,089,024.00|| |
|9/20/2017||Sarah Friar||CFO||Sell||19,200||$28.41||$545,472.00|| |
|9/11/2017||James Morgan Jr. Mckelvey||Director||Sell||400,000||$27.22||$10,888,000.00|| |
|8/24/2017||Sarah Friar||CFO||Sell||38,400||$25.58||$982,272.00|| |
|8/23/2017||Sarah Friar||CFO||Sell||19,200||$25.54||$490,368.00|| |
|8/15/2017||James Morgan Jr. Mckelvey||Director||Sell||400,000||$25.02||$10,008,000.00|| |
|7/18/2017||Sarah Friar||CFO||Sell||38,400||$26.39||$1,013,376.00|| |
|7/17/2017||Sarah Friar||CFO||Sell||19,200||$26.25||$504,000.00|| |
|6/23/2017||Sarah Friar||CFO||Sell||38,400||$24.22||$930,048.00|| |
|6/5/2017||James Morgan Jr. Mckelvey||Director||Sell||90,000||$23.36||$2,102,400.00|| |
|5/30/2017||Jack Dorsey||CEO||Sell||309,000||$22.70||$7,014,300.00|| |
|5/25/2017||Sarah Friar||CFO||Sell||38,400||$22.09||$848,256.00|| |
|5/16/2017||Jack Dorsey||CEO||Sell||381,500||$20.42||$7,790,230.00|| |
|5/2/2017||Jack Dorsey||CEO||Sell||381,500||$18.63||$7,107,345.00|| |
|5/2/2017||Jacqueline D Reses||Insider||Sell||10,936||$18.95||$207,237.20|| |
|4/26/2017||Alyssa Henry||Insider||Sell||5,406||$18.23||$98,551.38|| |
|4/26/2017||Sarah Friar||CFO||Sell||2,696||$18.23||$49,148.08|| |
|4/19/2017||Sarah Friar||CFO||Sell||38,400||$17.12||$657,408.00|| |
|4/18/2017||Jack Dorsey||CEO||Sell||381,500||$16.96||$6,470,240.00|| |
|4/11/2017||James Morgan Jr. Mckelvey||Director||Sell||90,000||$16.78||$1,510,200.00|| |
|4/4/2017||Jack Dorsey||CEO||Sell||381,500||$17.00||$6,485,500.00|| |
|3/29/2017||Sarah Friar||CFO||Sell||38,400||$17.25||$662,400.00|| |
|3/21/2017||Jack Dorsey||CEO||Sell||381,500||$16.80||$6,409,200.00|| |
|3/21/2017||James Morgan Jr. Mckelvey||Director||Sell||90,000||$17.25||$1,552,500.00|| |
|3/2/2017||Ventures Iii L.P. Khosla||Major Shareholder||Sell||1,000,000||$17.30||$17,300,000.00|| |
|2/14/2017||James Morgan Jr. Mckelvey||Director||Sell||90,000||$14.30||$1,287,000.00|| |
|2/7/2017||Jack Dorsey||CEO||Sell||381,500||$14.39||$5,489,785.00|| |
|1/26/2017||Alyssa Henry||Insider||Sell||5,905||$14.50||$85,622.50|| |
|1/26/2017||Sarah Friar||CFO||Sell||3,155||$14.50||$45,747.50|| |
|1/24/2017||Jack Dorsey||CEO||Sell||381,500||$14.56||$5,554,640.00|| |
|1/19/2017||Francoise Brougher||Insider||Sell||57,692||$14.77||$852,110.84|| |
|1/10/2017||Jack Dorsey||CEO||Sell||381,500||$15.17||$5,787,355.00|| |
|1/10/2017||James Morgan Jr. Mckelvey||Director||Sell||90,000||$15.13||$1,361,700.00|| |
|1/6/2017||Lawrence Henry Summers||Director||Sell||23,125||$15.00||$346,875.00|| |
|1/5/2017||Francoise Brougher||Insider||Sell||57,693||$14.08||$812,317.44|| |
|12/27/2016||Jack Dorsey||CEO||Sell||381,500||$14.09||$5,375,335.00|| |
|12/22/2016||Francoise Brougher||Insider||Sell||57,692||$14.07||$811,726.44|| |
|12/12/2016||James Morgan Jr. Mckelvey||Director||Sell||400,000||$13.85||$5,540,000.00|| |
|12/8/2016||Francoise Brougher||Insider||Sell||173,077||$14.01||$2,424,808.77|| |
|12/7/2016||Lawrence Henry Summers||Director||Sell||23,125||$13.75||$317,968.75|| |
|11/30/2016||Ventures Iii L.P. Khosla||Major Shareholder||Sell||2,000,000||$12.67||$25,340,000.00|| |
|11/29/2016||Jack Dorsey||CEO||Sell||381,500||$12.56||$4,791,640.00|| |
|11/29/2016||Ventures Iii L.P. Khosla||Major Shareholder||Sell||960,000||$12.60||$12,096,000.00|| |
|11/28/2016||Ventures Iii L.P. Khosla||Major Shareholder||Sell||689,000||$12.73||$8,770,970.00|| |
|11/16/2016||Francoise Brougher||Insider||Sell||2,042||$11.83||$24,156.86|| |
|11/7/2016||James Morgan Jr. Mckelvey||Director||Sell||400,000||$12.27||$4,908,000.00|| |
|11/4/2016||Francoise Brougher||Insider||Sell||173,077||$12.00||$2,076,924.00|| |
|10/26/2016||Francoise Brougher||Insider||Sell||7,152||$11.08||$79,244.16|| |
|10/26/2016||Sarah Friar||CFO||Sell||2,704||$11.05||$29,879.20|| |
|10/19/2016||James Morgan Jr. Mckelvey||Director||Sell||400,000||$11.24||$4,496,000.00|| |
|9/28/2016||Francoise Brougher||Insider||Sell||57,692||$12.00||$692,304.00|| |
|9/13/2016||James Morgan Jr. Mckelvey||Director||Sell||400,000||$11.27||$4,508,000.00|| |
|8/23/2016||Dana Wagner||Insider||Sell||50,000||$12.27||$613,500.00|| |
|8/23/2016||Lawrence Henry Summers||Director||Sell||23,125||$12.50||$289,062.50|| |
|8/5/2016||Dana Wagner||Insider||Sell||50,000||$11.29||$564,500.00|| |
|8/5/2016||Lawrence Henry Summers||Director||Sell||115,625||$11.08||$1,281,125.00|| |
|7/26/2016||Dana Wagner||Insider||Sell||6,953||$9.77||$67,930.81|| |
|7/26/2016||Sarah Friar||CFO||Sell||2,690||$9.77||$26,281.30|| |
|6/16/2016||Dana Wagner||Insider||Sell||2,655||$8.65||$22,965.75|| |
|5/25/2016||James Morgan Jr. Mckelvey||Director||Sell||135,000||$9.80||$1,323,000.00|| |
|5/18/2016||Dana Wagner||Insider||Sell||200,000||$9.43||$1,886,000.00|| |
|5/17/2016||Jack Dorsey||CEO||Sell||168,750||$9.12||$1,539,000.00|| |
|11/24/2015||Rizvi Traverse Management, Llc||Major Shareholder||Buy||750,000||$9.00||$6,750,000.00|| |
Headline Trends for Square (NYSE:SQ)
Latest Headlines for Square (NYSE:SQ)
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Square (SQ) Chart for Monday, October, 23, 2017