Square (NYSE:SQ) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, February 20th. Analysts expect Square to post earnings of $0.07 per share for the quarter.
Square (NYSE:SQ) opened at $44.11 on Monday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.48. The firm has a market cap of $17,140.00 and a price-to-earnings ratio of -259.47. Square has a 12-month low of $13.99 and a 12-month high of $49.56.
SQ has been the subject of a number of research reports. BTIG Research lowered shares of Square from a “neutral” rating to a “sell” rating and upped their target price for the stock from $12.38 to $30.00 in a report on Monday, November 27th. Vetr raised shares of Square from a “hold” rating to a “buy” rating and set a $51.38 target price for the company in a report on Thursday, November 23rd. Zacks Investment Research raised shares of Square from a “hold” rating to a “buy” rating and set a $51.00 target price for the company in a report on Tuesday, January 23rd. Oppenheimer reaffirmed a “buy” rating on shares of Square in a report on Monday, November 20th. Finally, Wells Fargo & Co initiated coverage on shares of Square in a report on Tuesday, November 21st. They set a “market perform” rating and a $42.00 target price for the company. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twenty-five have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $37.13.
In other Square news, CEO Jack Dorsey sold 50,000 shares of the stock in a transaction dated Wednesday, November 29th. The shares were sold at an average price of $40.48, for a total transaction of $2,024,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Hillary B. Smith sold 1,551 shares of the stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $35.12, for a total transaction of $54,471.12. Following the transaction, the insider now directly owns 487,482 shares of the company’s stock, valued at approximately $17,120,367.84. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,266,741 shares of company stock valued at $49,532,769. 32.68% of the stock is currently owned by insiders.
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Square Company Profile
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.
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