Square Inc. [SQ] is 2.24% higher this YTD. Is it still time to buy?

Square Inc. [NYSE: SQ] surged by $1.62 during the normal trading session on Friday and reaching a high of $225.90 during the day while it closed the day at $222.52. The company report on May 27, 2021 that Square and Google Team Up to Help Square Sellers Get Discovered Online.

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New integration with Square and Google Merchant Center helps independent sellers reach new customers – at no additional cost.

, Square announced a new integration with Google Merchant Center that makes it easier for Square sellers to reach new customers through direct product listings on Google. Square for Retail merchants can now have products from their businesses populate right alongside items from other ecommerce stores of all sizes, helping smaller sellers to increase reach and revenue by uncovering new customers buying online.

Square Inc. stock has also gained 11.25% of its value over the past 7 days. However, SQ stock has declined by -7.67% in the 3 months of the year. Over the past six months meanwhile, it has gained 4.51% and gained 2.24% year-on date.

The market cap for SQ stock reached $100.59 billion, with 454.97 million shares outstanding and 386.75 million shares in the current float. Compared to the average trading volume of 11.25M shares, SQ reached a trading volume of 6755716 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Square Inc. [SQ]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SQ shares is $277.29 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SQ stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for Square Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 13, 2021. The new note on the price target was released on March 31, 2021, representing the official price target for Square Inc. stock.

The Average True Range (ATR) for Square Inc. is set at 10.69, with the Price to Sales ratio for SQ stock in the period of the last 12 months amounting to 7.64. The Price to Book ratio for the last quarter was 43.72, with the Price to Cash per share for the same quarter was set at 8.11. Price to Free Cash Flow for SQ in the course of the last twelve months was 6209.27 with Quick ratio for the last quarter at 1.70.

SQ stock trade performance evaluation

Square Inc. [SQ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.25. With this latest performance, SQ shares dropped by -10.19% in over the last four-week period, additionally plugging by 4.51% over the last 6 months – not to mention a rise of 174.44% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SQ stock in for the last two-week period is set at 50.74, with the RSI for the last a single of trading hit 56.05, and the three-weeks RSI is set at 48.94 for Square Inc. [SQ]. The present Moving Average for the last 50 days of trading for this stock 230.69, while it was recorded at 218.58 for the last single week of trading, and 207.49 for the last 200 days.

Square Inc. [SQ]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Square Inc. [SQ] shares currently have an operating margin of +1.78 and a Gross Margin at +28.01. Square Inc.’s Net Margin is presently recorded at +2.24.

Return on Total Capital for SQ is now 3.97, given the latest momentum, and Return on Invested Capital for the company is 5.06. Return on Equity for this stock inclined to 9.69, with Return on Assets sitting at 2.96. When it comes to the capital structure of this company, Square Inc. [SQ] has a Total Debt to Total Equity ratio set at 112.97. Additionally, SQ Total Debt to Total Capital is recorded at 53.04, with Total Debt to Total Assets ending up at 30.69. Long-Term Debt to Equity for the company is recorded at 111.00, with the Long-Term Debt to Total Capital now at 52.12.

Reflecting on the efficiency of the workforce at the company, Square Inc. [SQ] managed to generate an average of $38,909 per employee. Receivables Turnover for the company is 9.97 with a Total Asset Turnover recorded at a value of 1.32.Square Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.70 and a Current Ratio set at 1.70.

Earnings per share (EPS) analysis for Square Inc. [SQ] stock

With the latest financial reports released by the company, Square Inc. posted 0.18/share EPS, while the average EPS was predicted by analysts to be reported at -0.05/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 460.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SQ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Square Inc. go to 56.53%.

Square Inc. [SQ]: Insider Ownership positions

There are presently around $64,222 million, or 74.10% of SQ stock, in the hands of institutional investors. The top three institutional holders of SQ stocks are: MORGAN STANLEY with ownership of 28,466,309, which is approximately 0.784% of the company’s market cap and around 0.40% of the total institutional ownership; VANGUARD GROUP INC, holding 24,565,270 shares of the stock with an approximate value of $5.47 billion in SQ stocks shares; and BLACKROCK INC., currently with $4.85 billion in SQ stock with ownership of nearly 4.062% of the company’s market capitalization.

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Positions in Square Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 714 institutional holders increased their position in Square Inc. [NYSE:SQ] by around 24,180,304 shares. Additionally, 567 investors decreased positions by around 28,399,905 shares, while 127 investors held positions by with 236,033,943 shares. The mentioned changes placed institutional holdings at 288,614,152 shares, according to the latest SEC report filing. SQ stock had 200 new institutional investments in for a total of 4,684,265 shares, while 133 institutional investors sold positions of 5,597,332 shares during the same period.

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