Square Story

SQ -- USA Stock  

USD 68.84  3.40  0.05%

Macroaxis News
  
By Nathan Young

As the financial system grows and evolves, the way we process payments changes with it. From cash, to checks, to debit cards, we have found more efficient ways to process payments. Popular names in this space include Visa, MasterCard, and PayPal. Square is a mobile payment system that allows people to accept payments via phones and other devices. However, that is not the reason the market is now watching Square closely. News has come out that the company is testing the ability to accept and process Bitcoin payments, which adds another notch to the viability of the cryptocurrency.

Square Stock Rose on Their Latest News That They Are Testing Bitcoin Payments

Starting with sales and revenue, in 2014 the company posted $850.19M in sales and that has increased to $1.7B at the end of 2016. EBITDA has continued to improve over the same time period, posting a negative $107.32M in 2014 to a negative $33.47M. Net income has slightly fallen from negative $154.09M in 2014 to negative $171.59M in 2016. That being said, the company is in a rapidly evolving sector and will continue to benefit from the changes.




Taking a peek at the stock chart, we can see that the stock has steadily increased over the year, indicating the market believes the company can perform into the future. With payment processing evolving, Square is in the right place. Earlier in November, investors were questioning what the next action would be to propel the company higher, and the Bitcoin testing is exactly what people wanted to see.  

There are two ways to play Square, and that is as a technology company or as a payment processing company. Certainly it isn’t the same as a Visa, but to have them both in your portfolio may detract from diversification and increase sector specific risks.   Before diving deep, you should gain a firm understanding of what Bitcoin is because it could be the new future of payment processing. Square may be on the right path, but use caution because if something were to happen with Bitcoin, you want to be sure the company can continue growing.   

Quarter over quarter in 2017, sales and revenue continue to grow along with a healthy EBITDA number. 2017 can prove to be a real healthy year for the company and that would play into the hands of stockholders and the company.  

Square seems to have the potential to keep pushing higher, the same way PayPal and Visa have done. Payment technology is always going to be changing as we stray away from cash and move to a digital payment system. If Square is not the company for you, take a look at competitors such as Visa as they already operate in a proven market. Not to say that Square is unproven, but they are diving into a Bitcoin world that is still far from being widely accepted.

Square Revenue

Square exotic insider transaction detected

Square insider trading alert for general transaction of class b common stock by Jack Dorsey, President CEO & Chairman, on January 18, 2019. This event was filed by Square Inc with SEC on 2019-01-18. Statement of changes in beneficial ownership - SEC Form 4. Jack Dorsey is currently serves as co-founder, chairman, ceo and pres of Square [view details]   

About Contributor

Nathan Young
   Nathan Young is a Senior Member of Macroaxs Editorial Board - US Equity Analysis. With years of experience in the financial sector, Nathan brings a diverse base of knowledge. Specifically, he has in-depth understanding of application of technical and fundamental analysis across different equity instruments. Utilizing SEC filings and technical indicators, Nathan provides a reputable analysis of companies trading in the United States. View Profile
This story should be regarded as informational only and should not be considered as solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Nathan Young do not own shares of Square. Please refer to our Terms of Use for any information regarding our disclosure principles.

Story Momentum

This story from Macroaxis reported on November 17, 2017 contributed to the next trading day price increase.The trading price change to the next closing price was 2.33% . The trading price change when the story was published to the current price is 55.82% .

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Cash and Equivalents

Cash and Equivalents Comparative Analysis

  Cash and Equivalents 
      Square Comparables 
Square is rated below average in cash and equivalents category among related companies. Cash or Cash Equivalents are the most liquid of all assets found on company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Also please take a look at Square Hype Analysis, Square Correlation and Square Performance. Please also try Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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