Today: Investment Analysts’ Recent Ratings Changes for Square (SQ)

Today: Investment Analysts’ Recent Ratings Changes for Square (SQ)

Several analysts have recently updated their ratings and price targets for Square (NYSE: SQ):

Shares of Square Inc. (NYSE:SQ) traded down 0.45% during mid-day trading on Monday, reaching $11.07. 248,410 shares of the company’s stock traded hands. The stock’s market cap is $3.78 billion. Square Inc. has a 12-month low of $8.06 and a 12-month high of $15.91. The firm’s 50 day moving average price is $11.63 and its 200-day moving average price is $11.21.

Square (NYSE:SQ) last announced its quarterly earnings data on Wednesday, August 3rd. The company reported ($0.08) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.11) by $0.03. Square had a negative net margin of 14.85% and a negative return on equity of 37.14%. The company had revenue of $439 million for the quarter, compared to the consensus estimate of $406.93 million. The firm’s revenue for the quarter was up 54.1% compared to the same quarter last year. Equities research analysts forecast that Square Inc. will post ($0.60) earnings per share for the current year.

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