Square (SQ) to Release Quarterly 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 $44.11 on Friday. Square has a 52 week low of $13.99 and a 52 week high of $49.56. The stock has a market capitalization of $17,140.00 and a price-to-earnings ratio of -259.47. The company has a quick ratio of 1.81, a current ratio of 1.81 and a debt-to-equity ratio of 0.48.

Several research analysts have recently issued reports on the company. Stephens reissued a “buy” rating and issued a $41.00 price target on shares of Square in a research note on Wednesday, January 10th. Deutsche Bank increased their price target on Square from $37.00 to $43.00 and gave the stock a “buy” rating in a research note on Thursday. Credit Suisse Group restated a “positive” rating and issued a $37.00 price objective (up previously from $31.00) on shares of Square in a report on Monday, November 20th. Zacks Investment Research lowered Square from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Finally, Vetr upgraded Square from a “hold” rating to a “buy” rating and set a $48.00 price objective for the company in a report on Monday, February 5th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and twenty-five have issued 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, insider Ajmere Dale sold 1,451 shares of the company’s stock in a transaction dated Friday, January 5th. The stock was sold at an average price of $40.00, for a total value of $58,040.00. Following the transaction, the insider now directly owns 109,586 shares of the company’s stock, valued at approximately $4,383,440. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Sarah Friar sold 38,400 shares of the company’s stock in a transaction dated Wednesday, November 22nd. The stock was sold at an average price of $47.24, for a total value of $1,814,016.00. Following the completion of the transaction, the chief financial officer now directly owns 355,566 shares in the company, valued at $16,796,937.84. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,266,741 shares of company stock valued at $49,532,769. Company insiders own 32.68% of the company’s stock.

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About Square

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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