Square (SQ) Set to Announce Earnings on Tuesday

Square (NYSE:SQ) is scheduled to post 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 $39.92 on Tuesday. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.48. Square has a one year low of $13.84 and a one year high of $49.56. The firm has a market cap of $15,510.00 and a P/E ratio of -234.82.

In other Square news, insider Ajmere Dale sold 2,814 shares of the company’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $37.23, for a total value of $104,765.22. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Hillary B. Smith sold 1,551 shares of the company’s stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $35.12, for a total transaction of $54,471.12. Following the completion of the transaction, the insider now owns 487,482 shares in the company, valued at $17,120,367.84. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 1,228,341 shares of company stock worth $47,941,857. 32.68% of the stock is owned by corporate insiders.

A number of research analysts have weighed in on the stock. Stephens reaffirmed a “buy” rating and issued a $41.00 price target on shares of Square in a research note on Wednesday, January 10th. Credit Suisse Group reiterated a “positive” rating and issued a $37.00 price objective (up from $31.00) on shares of Square in a report on Monday, November 20th. Zacks Investment Research downgraded shares of Square from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Vetr upgraded shares of Square from a “hold” rating to a “buy” rating and set a $48.00 price objective on the stock in a report on Monday, February 5th. Finally, Susquehanna Bancshares lifted their price objective on shares of Square from $43.00 to $51.00 and gave the company a “positive” rating in a report on Monday, February 5th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-five have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $36.96.

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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.

Earnings History for Square (NYSE:SQ)

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