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 earnings results on Wednesday, May, 3rd. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.08) by $0.05. The company had revenue of $461.55 million for the quarter, compared to the consensus estimate of $450.66 million. Square had a negative net margin of 5.02% and a negative return on equity of 15.81%. View Square's Earnings History.

Square is scheduled to release their next quarterly earnings announcement on Tuesday, August, 1st 2017. View Earnings Estimates for Square.

Square updated its FY17 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of $0.16-0.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.18. The company issued revenue guidance of $890-910 million, compared to the consensus revenue estimate of $901.95 million.Square also updated its Q2 guidance to $0.03-0.05 EPS.

28 equities research analysts have issued 12-month price objectives for Square's stock. Their forecasts range from $8.00 to $30.00. On average, they expect Square's share price to reach $20.44 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.  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." (7/18/2017)
• 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 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 days-to-cover ratio is presently 2.9 days. Currently, 9.8% of the shares of the company are sold short.

Some companies that are related to Square include Symantec Corporation (SYMC), Check Point Software Technologies (CHKP), Mobileye N.V. (MBLY), ANSYS (ANSS), PTC (PTC), Sabre Corporation (SABR), King Digital Entertainment PLC (KING), Mulesoft (MULE), Zendesk (ZEN), Twilio (TWLO), Box (BOX), New Relic (NEWR), CyberArk Software (CYBR), Five9 (FIVN), Radware (RDWR), GB Group plc (GBG), Keywords Studios PLC (KWS) 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
• Jim McKelvey, Director
• Roelof Frederick Botha, Independent Director
• Paul Deighton, Independent Director
• Mary G. Meeker, 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 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 many different of institutional and retail investors. Top institutional investors include KPCB DGF Associates LLC (0.88%), State Treasurer State of Michigan (0.43%), Gladstone Capital Management LLP (0.18%), Insight Capital Research & Management Inc. (0.04%), Cullinan Associates Inc. (0.03%) and Westwood Management Corp IL (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 KPCB DGF Associates LLC, Gladstone Capital Management LLP, Mizuho Securities USA LLC, Daiwa SB Investments Ltd., Independent Portfolio Consultants Inc. and US Bancorp DE. 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 State Treasurer State of Michigan, Cullinan Associates Inc., Bank of Montreal Can, Evanson Asset Management LLC, Harwood Advisory Group LLC, Westwood Management Corp IL, Fox Run Management L.L.C. and Pier 88 Investment Partners 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 $26.85.