 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Square, Inc. (SQ) develops and provides payment processing, point-of-sale (POS), financial, and marketing services worldwide.
It provides Square Point of Sale, a POS application software that offers managed payments solutions and advanced software products, including Square Dashboard, a cloud-based reporting and analytics tool that provides sellers with real-time data and insights about sales, items, customers, and employees; Square Payroll, which empowers sellers to hire, onboard, and pay employees and the associated taxes; and customer engagement tools that help sellers to enhance their business through digital customer feedback, marketing, and loyalty programs.
The company also offers in-person/card present payments solutions, such as magstripe readers, contactless and chip readers, and chip card readers; and Square Stand that transforms an iPad into a POS terminal. In addition, it provides online/card not present payments services through the Square Point of Sale mobile apps or Square Virtual Terminals; Square Invoices and Square Online Store for processing payments; Square Cash, a peer-to-peer payments service; Square Capital that facilitates loans to pre-qualified sellers based on real-time payment and POS data; and Caviar, a courier order management app that provides food delivery services for restaurants.
Further, the company offers gift cards, square appointments, instant deposit, customer engagement, employee management, and other subscription and services-based products.
Its customers include retail, services, and food-related industries of various sizes ranging from a single vendor at a farmers' market to multi-location businesses.
Shares have formed a bullish "cup and handle" and are expected to move higher from this formation. The Company is expected to report on February 26th. On November 6th, Square reported 3rd Quarter September 2019 earnings of $0.26 per share on revenue of $1.3 billion. The consensus earnings estimate was $0.20 per share on revenue of $1.2 billion. Revenue grew 43.6% on a year-over-year basis.
The company said it expects fourth quarter earnings of $0.19 to $0.21 per share on revenue of $1.16 billion to $1.18 billion.
52-Weeks Trading Range: $54.41 - $83.20
Entry Point: $79.00
Stop Loss: $75.00
Target Price: $86.90
SQ closed at $82.45
