Square Inc (NYSE:SQ) Director Mary G. Meeker sold 51,422 shares of Square stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $38.25, for a total value of $1,966,891.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Square Inc (NYSE SQ) opened at $37.61 on Thursday. The company has a current ratio of 1.81, a quick ratio of 1.81 and a debt-to-equity ratio of 0.48. Square Inc has a 1-year low of $13.40 and a 1-year high of $49.56.
Square (NYSE:SQ) last announced its earnings results on Wednesday, November 8th. The technology company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02. The firm had revenue of $257.12 million during the quarter, compared to analysts’ expectations of $244.95 million. Square had a negative return on equity of 7.98% and a negative net margin of 3.04%. The business’s revenue was up 44.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.01 EPS. equities analysts anticipate that Square Inc will post -0.16 EPS for the current year.
A number of equities research analysts recently commented on the company. Zacks Investment Research raised Square from a “hold” rating to a “buy” rating and set a $32.00 target price for the company in a report on Tuesday, October 3rd. Barclays boosted their price objective on Square from $28.00 to $37.00 and gave the stock an “overweight” rating in a research note on Thursday, November 9th. Canaccord Genuity reissued a “hold” rating and set a $26.00 price objective (up previously from $18.00) on shares of Square in a research note on Wednesday, August 9th. Credit Suisse Group reaffirmed a “neutral” rating and issued a $26.00 price target (up previously from $25.00) on shares of Square in a research note on Wednesday, August 9th. Finally, Vetr lowered Square from a “buy” rating to a “hold” rating and set a $31.08 price target on the stock. in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and twenty-four have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $33.82.
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.
What are top analysts saying about Square Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Square Inc and related companies.