Global Updates

Investor’s Watch List: Square Inc (NYSE:SQ)

Square Inc (NYSE:SQ) received “Initiated” rating by Raymond James in a research note issued to investors on Mar-21-17 as Mkt Perform.

Additionally on Feb-24-17 the stock was “Initiated” by Susquehanna as Positive at $20 and on Feb-23-17 the stock was “Reiterated” by Wedbush as Outperform from $16 to $19. Furthermore on Feb-23-17 the stock was “Reiterated” by Stifel as Buy from $15 to $18.

On the other hand the company has Relative Strength Index (RSI 14) of 60.00 along with Average True Range (ATR 14) of 0.44, Consequently Square Inc (NYSE:SQ)’s weekly and monthly volatility is 2.17%, 2.64% respectively.

In terms of Buy, Sell or Hold recommendations, Square Inc (NYSE:SQ) has an analyst’s mean recommendation of 2.10. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Square Inc (NYSE:SQ) shares traded -1.24% during the most recent session. Wall Street analysts covering the stock are projecting that the stock will reach $17.88 within the next 52-weeks. The mean target projections are based on 25 opinions, the mean target was last revised on 04/18/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have high price target of $21.00 and with a conservative view have low price target of $10.00 with a standard deviation of $3.16. If seeing target price from optimistic overview then it has a 20 percent upside potential from the latest closing price of $17.49.

While considering growth estimates of the company, it has next quarter growth estimates of 12.50% whereas during current quarter it has 72.40% estimations over growth, comparing to the estimations of 48.00% during current year and 61.50% for next year.

Square Inc (NYSE:SQ)’s revenue estimates for the current quarter are $450.68M according to 15 number of analysts, for the current quarter the company has high revenue estimates of $457.2M in contradiction of low revenue estimates of $446.9M. For the current year the company’s revenue estimates are $2.13B compared to low analyst estimates of $2.1B and high estimates of $2.15B according 18 number of analysts.

Square Inc (NYSE:SQ)’s trailing twelve month revenues are $1.71B, whereas its price to sales ratio for the same period is 3.65. Its book value per share for the most recent quarter is $1.62 while its price to book ratio for the same period is 10.80, as for as the company’s cash per share for the most recent quarter is $1.44, however its price to cash per share ratio for the same period is 12.18.

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