Square Inc (NYSE:SQ) shares traded 2.07% during the most recent session the stock exchanged hands 7,940,700 shares versus average trading capacity of 6.32M shares, yielding a market cap of $6.83B. 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 Square Inc (NYSE:SQ) 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 15 percent upside potential from the latest closing price of $18.22.
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 Square Inc (NYSE:SQ) 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 64.64 along with Average True Range (ATR 14) of 0.45, Consequently Square Inc (NYSE:SQ)’s weekly and monthly volatility is 2.58%, 2.55% respectively.
In terms of Buy, Sell or Hold recommendations, Square Inc (NYSE:SQ) has an analysts’ 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.
Analysts who have weighed in on projected earnings growth are expecting that Square Inc (NYSE:SQ) will report earnings of -$0.08 for the current quarter on or around 5/3/2017 After Market Close, however the company’s high EPS estimates are -$0.06 and low estimates are -$0.09. However the company reported -$0.29 earnings per share for the same quarter during last year.
Previously Square Inc (NYSE:SQ) reported -$0.04 earnings per share (EPS) for the quarter on 2/22/2017 After Market Close, beating the consensus estimate of -$0.09 by $0.05. The company posted an earnings surprise of 55.56%.
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. Looking forward for the next 5 years it has a strong prediction of 80.37% over growth.
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.
Currently Square Inc (NYSE:SQ)’s shares owned by insiders are 1.10%, whereas shares owned by institutional owners are 67.50%. However the six-month change in the insider ownership was recorded -70.85%, as well as three-month change in the institutional ownership was recorded 0.72%.
Square Inc (NYSE:SQ) hit its 52-week high on 04/25/17, and 52-week low on 06/27/16. The company’s trailing twelve month income is -171.60M dollars.
Square Inc (NYSE:SQ)’s trailing twelve month revenues are $1.71B, whereas its price to sales ratio for the same period is 3.80. Its book value per share for the most recent quarter is $1.62 while its price to book ratio for the same period is 11.25, 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 12.69.