Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.
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Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone415-375-3176
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.30 billion
Profitability
Miscellaneous
Employees3,349
Next Earnings Date11/6/2019 (Estimated)
OptionableOptionable
Square (NYSE:SQ) Frequently Asked Questions
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) released its quarterly earnings data on Thursday, August, 1st. The technology company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.20. The technology company earned $563 million during the quarter, compared to analyst estimates of $557.67 million. Square had a positive return on equity of 2.65% and a negative net margin of 1.35%. The business's revenue for the quarter was up 46.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.13 earnings per share. View Square's Earnings History.
When is Square's next earnings date?
What guidance has Square issued on next quarter's earnings?
Square updated its FY19 earnings guidance on Thursday, August, 1st. The company provided earnings per share (EPS) guidance of $0.74-0.78 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. The company issued revenue guidance of $2.25-2.28 billion, compared to the consensus revenue estimate of $2.28 billion.
What price target have analysts set for SQ?
33 brokers have issued 12-month price targets for Square's shares. Their predictions range from $30.00 to $110.00. On average, they anticipate Square's stock price to reach $84.6948 in the next year. This suggests a possible upside of 34.7% from the stock's current price. View Analyst Price Targets for Square.
What is the consensus analysts' recommendation for Square?
33 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Square in the last year. There are currently 3 sell ratings, 12 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Square.
What are Wall Street analysts saying about Square stock?
Here are some recent quotes from research analysts about Square stock:
- 1. According to Zacks Investment Research, "Square reported impressive first quarter results wherein both earnings and revenues have reflected year over year growth on the back of strengthening gross payments volume. Moreover, strengthening relationship with sellers contributed well to the payment volume growth. Further, contributions from Weebly and Zesty buyouts continued to aid the top-line growth during the quarter. Also, product lines such as Square Terminal, Square Stand, Instant Deposits, Square Invoices, Cash Card, Square Register and Caviar performed well during the quarter. Further, growing adoption of Cash App in the bitcoin space remained a tailwind for Square’s business growth. Notably, the stock has outperformed the industry it belongs to over a year. However, higher investments and increasing product development expenses might hurt margins. Further, intensifying competition and foreign exchange fluctuations remain headwinds." (5/7/2019)
- 2. Cantor Fitzgerald analysts commented, ": We maintain our Overweight rating on Square and our 12- month PT of $91. We are attracted to the company’s increasing market penetration, end-user growth and improving margin profile, driven by SG&A leverage and an increasing margin contribution from other services. Square reported results above expectations and issued 2019 revenue guidance below guidance. Gross Payment Volumes continued to have outsized growth in the period. We expect rapid growth to continue and foresee further margin expansion going forward, although our margin expectations have moderated. We expect these factors to drive the stock’s performance as the company continues to build out its ecosystem." (2/27/2019)
Has Square been receiving favorable news coverage?
News stories about SQ stock have been trending negative on Monday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Square earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Square.
Are investors shorting Square?
Square saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 33,349,000 shares, an increase of 5.2% from the June 15th total of 31,713,500 shares. Based on an average trading volume of 8,460,000 shares, the days-to-cover ratio is presently 3.9 days. Currently, 11.2% of the shares of the stock are sold short. View Square's Current Options Chain.
Who are some of Square's key competitors?
Some companies that are related to Square include Intuit (INTU), VMware (VMW), Uber Technologies (UBER), ServiceNow (NOW), Shopify (SHOP), Dassault Systemes (DASTY), Activision Blizzard (ATVI), Autodesk (ADSK), Electronic Arts (EA), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Synopsys (SNPS), CA (CA), Splunk (SPLK) and Crowdstrike (CRWD).
What other stocks do shareholders of Square own?
Who are Square's key executives?
Square's management team includes the folowing people:
- Mr. Jack Dorsey, Chairman, Pres & CEO (Age 41)
- Mr. James Morgan McKelvey Jr., Co-Founder (Age 53)
- Ms. Sarah Friar, Chief Financial Officer (Age 45)
- Ms. Hillary B. Smith, Gen. Counsel and Corp. Sec. (Age 51)
- Ms. Alyssa Henry, Seller Lead (Age 48)
When did Square IPO?
(SQ) raised $324 million in an initial public offering (IPO) 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 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 are Square's major shareholders?
Square's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (5.82%), Jennison Associates LLC (3.40%), Morgan Stanley (1.73%), Sumitomo Mitsui Trust Holdings Inc. (1.49%), Nikko Asset Management Americas Inc. (1.19%) and Coatue Management LLC (1.03%). Company insiders that own Square stock include Ajmere Dale, Alyssa Henry, Hillary B Smith, Jack Dorsey, Jacqueline D Reses, James Morgan Jr Mckelvey, Mary G Meeker, Sarah Friar and Sivan Whiteley. View Institutional Ownership Trends for Square.
Which institutional investors are selling Square stock?
SQ stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Whale Rock Capital Management LLC, Jennison Associates LLC, Janus Henderson Group PLC, Janus Henderson Group PLC, Price T Rowe Associates Inc. MD, SG Americas Securities LLC and Mn Services Vermogensbeheer B.V.. Company insiders that have sold Square company stock in the last year include Ajmere Dale, Alyssa Henry, Jack Dorsey, Jacqueline D Reses, James Morgan Jr Mckelvey, Mary G Meeker and Sivan Whiteley. View Insider Buying and Selling for Square.
Which institutional investors are buying Square stock?
SQ stock was bought by a variety of institutional investors in the last quarter, including Coatue Management LLC, Bares Capital Management Inc., Nuveen Asset Management LLC, Viking Global Investors LP, Vanguard Group Inc., Sumitomo Mitsui Trust Holdings Inc., Nikko Asset Management Americas Inc. and Tekne Capital Management LLC. View Insider Buying and Selling for Square.
How do I buy shares of Square?
Shares of SQ can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Square's stock price today?
One share of SQ stock can currently be purchased for approximately $62.87.
How big of a company is Square?
Square has a market capitalization of $26.85 billion and generates $3.30 billion in revenue each year. The technology company earns $-38,450,000.00 in net income (profit) each year or $0.02 on an earnings per share basis. Square employs 3,349 workers across the globe.View Additional Information About Square.
What is Square's official website?
How can I contact Square?
Square's mailing address is 1455 MARKET STREET SUITE 600, SAN FRANCISCO CA, 94103. The technology company can be reached via phone at 415-375-3176 or via email at [email protected]
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 SQ will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SQ will underperform the S&P 500 over the long term. You may vote once every thirty days.
