NYSE:SQSquare Stock Price, Forecast & News

$80.79

-0.70 (-0.86 %)

(As of 05/26/2020 04:00 PM ET)

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Today's Range

$80.50

Now: $80.79▼

$84.09

50-Day Range

$43.72

MA: $66.39▼

$82.04

52-Week Range

$32.33

Now: $80.79▼

$87.25

Volume837,433 shs

Average Volume13.85 million shs

Market Capitalization$35.50 billion

P/E Ratio128.24

Dividend YieldN/A

Beta2.63

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. The company also provides Square Point of Sale software; Cash App, which provides access to the financial system, allowing customers to electronically send, store, and spend money; Caviar, a food ordering platform for restaurants to offer food ordering, pickup and delivery, to their customers; and Square Capital that facilitates loans to sellers based on real-time payment and point-of-sale data. Square, Inc. was founded in 2009 and is headquartered in San Francisco, California.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Square has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on 17 buy ratings, 17 hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $68.53, Square has a potential downside of 15.5% from its current price of $81.09.
Amount of Analyst Coverage
Square has been the subject of 30 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.9 Community Rank

Outperform Votes
Square has received 1,175 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Square has received 883 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Square has received 57.09% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Square does not currently pay a dividend.
Dividend Growth
Square does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Square insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,175,244.00 in company stock.
Percentage Held by Insiders
Only 19.90% of the stock of Square is held by insiders.
Percentage Held by Institutions
62.71% of the stock of Square is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Square are expected to grow in the coming year, from ($0.44) to $0.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Square is 128.72, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Square is 128.72, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.80.
Price to Book Value per Share Ratio
Square has a P/B Ratio of 20.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.34 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:SQ

Previous Symbol

CUSIPN/A

CIK1512673

Webwww.squareup.com

Phone415-375-3176

Debt

Debt-to-Equity Ratio1.17

Current Ratio2.19

Quick Ratio2.19

Price-To-Earnings

Trailing P/E Ratio128.24

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$4.71 billion

Price / Sales7.53

Cash Flow$0.37 per share

Price / Cash Flow219.19

Book Value$3.96 per share

Price / Book20.40

Profitability

EPS (Most Recent Fiscal Year)$0.17

Net Income$375.45 million

Net Margins5.99%

Return on Equity0.44%

Return on Assets0.14%

Miscellaneous

Employees3,835

Outstanding Shares439,350,000

Market Cap$35.50 billion

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Square (NYSE:SQ) Frequently Asked Questions

How has Square's stock been impacted by COVID-19 (Coronavirus)?

Square's stock was trading at $62.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SQ stock has increased by 29.9% and is now trading at $81.09. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Square?

39 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Square in the last year. There are currently 5 sell ratings, 17 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Square.

When is Square's next earnings date?

Square is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Square.

How were Square's earnings last quarter?

Square, Inc. (NYSE:SQ) issued its quarterly earnings data on Wednesday, May, 6th. The technology company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.13 by $0.15. The technology company earned $1.38 billion during the quarter, compared to analysts' expectations of $1.30 billion. Square had a net margin of 5.99% and a return on equity of 0.44%. The business's revenue was up 44.0% on a year-over-year basis. During the same period last year, the firm earned ($0.06) earnings per share. View Square's earnings history.

What guidance has Square issued on next quarter's earnings?

Square updated its first quarter 2020 After-Hours earnings guidance on Tuesday, March, 24th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.3-1.34 billion, compared to the consensus revenue estimate of $638.82 million.

What price target have analysts set for SQ?

39 analysts have issued twelve-month target prices for Square's stock. Their forecasts range from $37.00 to $105.00. On average, they expect Square's share price to reach $68.53 in the next twelve months. This suggests that the stock has a possible downside of 15.5%. View analysts' price targets for Square.

Has Square been receiving favorable news coverage?

Press coverage about SQ stock has been trending negative on Tuesday, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. 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 next several days. View the latest news aboutSquare.

Who are some of Square's key competitors?

Some companies that are related to Square include SAP (SAP), Shopify (SHOP), Intuit (INTU), ServiceNow (NOW), Uber Technologies (UBER), VMware (VMW), Activision Blizzard (ATVI), Autodesk (ADSK), Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Splunk (SPLK), Twilio (TWLO), Synopsys (SNPS) and Docusign (DOCU). View all competitors.

What other stocks do shareholders of Square own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Square investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Advanced Micro Devices (AMD), Netflix (NFLX), Paypal (PYPL), Tesla (TSLA), Walt Disney (DIS), salesforce.com (CRM) and Roku (ROKU).

Who are Square's key executives?

Square's management team includes the following 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 IPO 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.

What is Square's stock symbol?

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

Who are Square's major shareholders?

Square's stock is owned by a variety of retail and institutional investors. Top institutional investors include Capital World Investors (2.78%), Sumitomo Mitsui Trust Holdings Inc. (1.97%), Nikko Asset Management Americas Inc. (1.65%), Lone Pine Capital LLC (1.54%), Sands Capital Management LLC (1.31%) and Massachusetts Financial Services Co. MA (1.14%). Company insiders that own Square stock include Ajmere Dale, Alyssa Henry, Brian Grassadonia, Jack Dorsey, Jacqueline D Reses, James Morgan Jr Mckelvey, Mary G Meeker 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 Capital World Investors, Jennison Associates LLC, Lone Pine Capital LLC, Russell Investments Group Ltd., Korea Investment CORP, Commerzbank Aktiengesellschaft FI, Nuveen Asset Management LLC, and Hamilton Lane Advisors LLC. Company insiders that have sold Square company stock in the last year include Ajmere Dale, Alyssa Henry, Brian Grassadonia, Jacqueline D Reses, and Sivan Whiteley. View insider buying and selling activity for Square.

Which institutional investors are buying Square stock?

SQ stock was purchased by a variety of institutional investors in the last quarter, including Sands Capital Management LLC, Massachusetts Financial Services Co. MA, Fisher Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Frontier Capital Management Co. LLC, Lord Abbett & CO. LLC, Nikko Asset Management Americas Inc., and Banco Santander S.A.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Square's stock price today?

One share of SQ stock can currently be purchased for approximately $81.09.

How big of a company is Square?

Square has a market capitalization of $35.63 billion and generates $4.71 billion in revenue each year. The technology company earns $375.45 million in net income (profit) each year or $0.17 on an earnings per share basis. Square employs 3,835 workers across the globe.

What is Square's official website?

The official website for Square is www.squareup.com.

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff