Square Inc : Expectation of a turn-around
01/11/2019 | 11:17am EDT
Target price hit
Entry price :
65.74$ | Target : 79.7$ | Stop-loss : 59.9$ | Potential : 21.24%
Square Inc shares could get back into a rising trend over the medium term, as suggested by technical indicators. Investors have an opportunity to buy the stock and target the $ 79.7.
For a short-term investment strategy, the company has poor fundamentals.
Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years. Thanks to a sound financial situation, the firm has significant leeway for investment. Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock. Over the past year, analysts have regularly revised upwards their sales forecast for the company. The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend. The company does not generate enough profits, which is an alarming weak point. Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity. The company's "enterprise value to sales" ratio is among the highest in the world. For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions. For the past year, analysts have significantly revised downwards their profit estimates.
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2 256 M
Net income 2019
P/E ratio 2019
P/E ratio 2020
EV / Sales 2019
EV / Sales 2020
32 959 M
Upcoming event on SQUARE INC
Number of Analysts
Average target price
Spread / Average Target
1st jan. Capitalization (M$)
SQUARE INC 40.01% 32 959