SQ
Square Inc - Class A (SQ)
$63.84
Key Stats
$62.51
Day's Range
$65.665
$56.01
52-Week Range
$289.23
| Returns | |
| 1 month return | 25.04% |
| 3 month return | 51.62% |
| 1 year return | 73.41% |
| 5 year return | 143.96% |
Company Information
Square Inc., now known as Block Inc., is a digital payment and financial services company currently headquartered in San Francisco, California, USA. Founded in 2009 by Jack Dorsey and Jim McKelvey, the company was retitled on 10th December 2021 as Block Inc. The change in the title came after the rebranding of Facebook to Meta shortly after Jack Dorsey resigned as CEO of Twitter, the social networking and microblogging platform he founded. However, the small business payment products are still titled 'Square.' Square acquired a majority stake in Tidal on 1st December 2021, with Jay-Z joining the company's board.
While Bitcoin has come to the limelight in recent years, Square Inc.’s Cash App allowed merchants to use bitcoin in the technology starting in 2017. In late 2017, announced a trial program allowing bitcoin trading for specific users. In 2018, it extended its bitcoin trading services to Wyoming, pushing its stock to an all-time high.
Products and Services
Some critical products and services offered by Block Inc. are:
Square Reader: The company's first product enabled credit card payments by connecting the device to the mobile's audio jack. Due to security concerns raised by Verifone, the currently implemented technology is Verisign certified and Payment Card Industry Data Security Standard (PCI) compliant. IN August 2018, a newer version was released, allowing the technology to be used on iPhones without the headphone jack.
Other Devices: This includes Square Stand turning Apple iPad to complete POS system, Bluetooth connected readers to accept contactless and chip payments, Square register, etc.
Cash App: Earlier is known as Square Cash, it allowed money transfer from person to person through website and app
Services: Square Inc. consistently expanded its service portfolio. It includes:
Square Capital launched in 2014, providing business financing to merchants using Square.
Square Payroll, launched in 2015, satisfies the payroll management needs of small business owners. It automatically handles payroll payments, tax filings, and business withholdings.
Square Inc. allowed merchants to develop custom interfaces using Application Program Interface.
Currently Square Inc - Class A has a market cap of $29.51 Billion. It has a P.E ratio of -424.75. The shares of Square Inc - Class A are trading at $63.84.
.
| Organization | Square Inc - Class A |
| Employees | 5477 |
| CEO | Jack Dorsey |
| Industry | Technology Services |
Analyst Recommendation
based on 55 analysts ratings
Buy
78%
Buy
18%
Hold
3%
Sell
Based on 55 Wall street analysts offering stock ratings for Square Inc - Class A(by analysts ranked 0 to 5 stars)
Analyst Forecast
What analysts predicted
Upside of 195.44%Current
$63.84
Target
$188.61
Recommendation Trend
Based on 55 analyst
| Current | 1M Ago | 3M Ago | |
| Buy | 43 | 37 | 38 |
| Hold | 10 | 13 | 13 |
| Sell | 2 | 2 | 2 |
| Consensus | BUY | BUY | BUY |
Company Financials
Highlights
| Market Capitalization | 58.3B |
| Book Value | 7.04 |
| Dividend Share | 0.0 |
| Dividend Yield | 0.0 |
| Earnings Share | 0.33 |
| PE Ratio | 304.4545 |
| PEG Ratio | 2.74 |
| Wall Street Target Price | 176.48 |
Valuation
| Trailing PE | 304.45 |
| Forward PE | 90.91 |
| Price/Sales (ttm) | 3.3 |
| Price/Book (mrq) | 18.2 |
| Enterprise Value | 56.9B |
| Enterprise Value/Revenue | 3.22 |
| Enterprise Value/Ebitda | 174.97 |
Technicals
| Beta | 2.31 |
| 50 Day MA | 118.78 |
| 200 Day MA | 190.91 |
Sustainability
| Rating Date | 2019-01-01 |
| Total Esg | 20.42 |
| Total Esg Percentile | 22.32 |
| Environment Score | 1.84 |
| Environment Score Percentile | 1.0 |
| Social Score | 11.53 |
| Social Score Percentile | 1.0 |
| Governance Score | 8.22 |
| GovernanceScorePercentile | 1.0 |
| Controversy Level | 0.0 |
Institutional Holdings
Vanguard Group Inc
5.53%
Morgan Stanley - Brokerage Accounts
4.59%
BlackRock Inc
3.3%
Sands Capital Management, LLC
2.63%
T. Rowe Price Associates, Inc.
2.07%
State Street Corporation
1.72%
