NYSE:SQ
164.81
4.05
(2.52%)
Square, Inc. is a financial services, merchant services aggregator, and mobile payment company based in San Francisco, California.
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Square Inc
SQ-N
Analysis and Opinions about SQ-N
Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
September 21, 2020
He took profits recently. He targets $155. 60% of gross profit comes from transaction fees and it boasts a stunning 37% profit margin. It was trading at a discount to its peers, but the stock soared when it reported it was benefitting from the lockdown and e-commerce. Buy it at $130.
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He took profits recently. He targets $155. 60% of gross profit comes from transaction fees and it boasts a stunning 37% profit margin. It was trading at a discount to its peers, but the stock soared when it reported it was benefitting from the lockdown and e-commerce. Buy it at $130.
PAST TOP PICK
PAST TOP PICK
September 2, 2020
(A Top Pick Aug 23/19, Up 162%) Fintech and payment processing is the way of the world. SQ has been crushing it. When it outperforms, you have to rebalance. He wouldn't chase it now, but happy to hold.
Show full opinionHide full opinion(A Top Pick Aug 23/19, Up 162%) Fintech and payment processing is the way of the world. SQ has been crushing it. When it outperforms, you have to rebalance. He wouldn't chase it now, but happy to hold.
BUY WEAKNESS
BUY WEAKNESS
August 27, 2020
With a high multiple you're asking if the market is anticipating too rosy a future for this company, does the market have it right, or should it be more expensive? Transactions are down. It is the future, but pricey. Might buy it on a general market pullback of 10-25%.
Show full opinionHide full opinionWith a high multiple you're asking if the market is anticipating too rosy a future for this company, does the market have it right, or should it be more expensive? Transactions are down. It is the future, but pricey. Might buy it on a general market pullback of 10-25%.
PAST TOP PICK
PAST TOP PICK
June 22, 2020
(A Top Pick Jun 24/19, Up 42%) This is an example of frothiness in the market. Despite being up more than 50% this year, their earnings outlook for 2020 have been cut in half and by 25% for next year. This company has become detached from fundamentals. It is over-price. He sold it last month.
Show full opinionHide full opinion(A Top Pick Jun 24/19, Up 42%) This is an example of frothiness in the market. Despite being up more than 50% this year, their earnings outlook for 2020 have been cut in half and by 25% for next year. This company has become detached from fundamentals. It is over-price. He sold it last month.
DON'T BUY
DON'T BUY
June 18, 2020
SQ-N vs. PYPL-Q. The broader payment processing space is great but he prefers V-N. These are expensive stocks. PYPL-Q has abroad offering so probably the better one to buy. He would say that you should look at the best-of-breed, V-N. Paypal would be the preference between the two, however.
PAST TOP PICK
PAST TOP PICK
May 19, 2020
(A Top Pick May 21/19, Up 20%) Tech has done surprisingly well very well, though some don't deserve to be, including Square. Its earning estimates are down 50% this year and 25% next year, and yet the stock is up. He actually sold this two weeks ago on a high valuation basis.
Show full opinionHide full opinion(A Top Pick May 21/19, Up 20%) Tech has done surprisingly well very well, though some don't deserve to be, including Square. Its earning estimates are down 50% this year and 25% next year, and yet the stock is up. He actually sold this two weeks ago on a high valuation basis.
DON'T BUY
DON'T BUY
May 12, 2020
They reported last week and pulled guidance for the rest of the year. It's a POS vehicle, so with people staying at home there is less activity here. But they are a leader in fintech. Also, SQ will be in the loan business soon. But Square has never been profitable despite an $18 billion market cap. Why haven't they made a profit yet?
Show full opinionHide full opinionThey reported last week and pulled guidance for the rest of the year. It's a POS vehicle, so with people staying at home there is less activity here. But they are a leader in fintech. Also, SQ will be in the loan business soon. But Square has never been profitable despite an $18 billion market cap. Why haven't they made a profit yet?
PAST TOP PICK
PAST TOP PICK
May 6, 2020
(A Top Pick Apr 17/19, Down 7%) The competition is with the likes of SHOP. They will report earnings tonight. They also provide financing along with collecting transaction fees, where margins are 40%. Ongoing fees have margins of 80%. In the long term, the opportunity remains. He still likes them. His target is $79.
(A Top Pick Apr 17/19, Down 7%) The competition is with the likes of SHOP. They will report earnings tonight. They also provide financing along with collecting transaction fees, where margins are 40%. Ongoing fees have margins of 80%. In the long term, the opportunity remains. He still likes them. His target is $79.
TOP PICK
TOP PICK
April 14, 2020
New economy focus. Square lets you pay using a phone. Fintech will be explosive in the next few years. Cash is considered dirty now, another tailwind. This grows at 40% a year. Good balance sheet. Solid and in the right space: tech. (Analysts’ price target is $62.80)
Show full opinionHide full opinionNew economy focus. Square lets you pay using a phone. Fintech will be explosive in the next few years. Cash is considered dirty now, another tailwind. This grows at 40% a year. Good balance sheet. Solid and in the right space: tech. (Analysts’ price target is $62.80)
BUY
BUY
March 9, 2020
It's rangebound from $50-83, so buy at $50 and sell at $53. This has held up well during this pullback, which is what he is looking for. This shows buying demand.
Show full opinionHide full opinionIt's rangebound from $50-83, so buy at $50 and sell at $53. This has held up well during this pullback, which is what he is looking for. This shows buying demand.
COMMENT
COMMENT
February 11, 2020
Their software lets retailers take payments, manager inventory and now for consumers a cash app including peer-to-peer transfers. SQ is pricey, but boasts 25% revenue growth--doing well in developing software. Trades at 14x current revenue. If they can execute on their cash app, SQ can move higher. But he prefers Mastercard in the US payments space.
Their software lets retailers take payments, manager inventory and now for consumers a cash app including peer-to-peer transfers. SQ is pricey, but boasts 25% revenue growth--doing well in developing software. Trades at 14x current revenue. If they can execute on their cash app, SQ can move higher. But he prefers Mastercard in the US payments space.
TOP PICK
TOP PICK
January 21, 2020
It's built a long-term base and is gaining momentum, heading to $80. He feels the momentum has turned, definitely. (Analysts’ price target is $72.29)
Show full opinionHide full opinionIt's built a long-term base and is gaining momentum, heading to $80. He feels the momentum has turned, definitely. (Analysts’ price target is $72.29)
SPECULATIVE BUY
SPECULATIVE BUY
January 20, 2020
LSPD-T vs. SHOP-T vs. SQ-N. He owned SHOP-T and then sold it and it was a mistake. None of the three companies meet his criteria. They have rapidly growing top line but the bottom line is not where it should be. LSPD-T bought another company recently and the stock price reacted favorably. We don't know enough about their bottom lines to be comfortable with them. These are fairly aggressive positions, especially at these levels. These would not be large allocations but if you wanted a little punt and accepted the volatility then these would probably be okay. SHOP-T would be the leader of the three.
LSPD-T vs. SHOP-T vs. SQ-N. He owned SHOP-T and then sold it and it was a mistake. None of the three companies meet his criteria. They have rapidly growing top line but the bottom line is not where it should be. LSPD-T bought another company recently and the stock price reacted favorably. We don't know enough about their bottom lines to be comfortable with them. These are fairly aggressive positions, especially at these levels. These would not be large allocations but if you wanted a little punt and accepted the volatility then these would probably be okay. SHOP-T would be the leader of the three.
DON'T BUY
DON'T BUY
December 20, 2019
Rangebound? It is not a name he would own. It hit over $100 at one point, but is trading at too large of a multiple for his liking. They have a cash app that allows for an instant transfer of funds between people that he likes. However, there are still transaction costs that give Visa and Mastercard the advantage.
Rangebound? It is not a name he would own. It hit over $100 at one point, but is trading at too large of a multiple for his liking. They have a cash app that allows for an instant transfer of funds between people that he likes. However, there are still transaction costs that give Visa and Mastercard the advantage.
DON'T BUY
DON'T BUY
November 27, 2019
Respects them, but the fintech space is crowded. To him, this will end with margin squeezes. Venmo, for splitting the tab, is a great opportunity. Be careful. It's high priced with not a lot of earnings to support it.
Show full opinionHide full opinionRespects them, but the fintech space is crowded. To him, this will end with margin squeezes. Venmo, for splitting the tab, is a great opportunity. Be careful. It's high priced with not a lot of earnings to support it.
Square Inc(SQ-N) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 8
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 8
Total Signals / Votes : 16
Square Inc(SQ-N) Frequently Asked Questions
What is Square Inc stock symbol?
Square Inc is a American stock, trading under the symbol SQ-N on the New York Stock Exchange (SQ). It is usually referred to as NYSE:SQ or SQ-N
Is Square Inc a buy or a sell?
In the last year, 16 stock analysts published opinions about SQ-N. 8 analysts recommended to BUY the stock. 8 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. Read the latest stock experts' ratings for Square Inc.
Is Square Inc a good investment or a top pick?
Square Inc was recommended as a Top Pick by Kim Bolton on 2020-09-21. Read the latest stock experts ratings for Square Inc.
Why is Square Inc stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Square Inc worth watching?
16 stock analysts on Stockchase covered Square Inc In the last year. It is a trending stock that is worth watching.
What is Square Inc stock price?
On 2020-09-29, Square Inc (SQ-N) stock closed at a price of $164.81.
