Square (NYSE:SQ) Target Raised by KeyCorp to $125.00

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Square stock has undergone multiple analysts rating changes in the recent past.  Square stock Target Raised by   KeyCorp on 6/29/2020. In a note to investors, the firm issued a new target price of $125.00. The analysts previously had $70.00 target price. KeyCorp’s price target would indicate a potential upside of 19.85% from the stock’s previous close.

Shares of Square traded down -$0.33 on Monday, reaching $103.95. 3893826 shares of the stock traded hands, compared to its average volume of 12418575. Shares of were trading at $103.95 on Monday. The firm’s 50 day moving average is $$81.23 and its 200 day moving average is $68.78.Square  has a 12 month low of $101.22 and a 12 month high of $107.84. While on yearly highs and lows, Square today has traded high as $105.28 and has touched $101.22 on the downward trend.

Square Earnings and What to expect: 

Square last issued its quarterly earnings results on May 6th, 2020. The technology company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.13 by $0.15. The company earned $1.38 billion during the quarter, compared to the consensus estimate of $1.30 billion. Its revenue was up 44.0% compared to the same quarter last year. Square has generated $0.17 earnings per share over the last year and currently has a price-to-earnings ratio of 164.4. Square has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, August 6th, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 19.90%
  • On 6/19/2020 CAO Ajmere Dale Sell 2,000 at average share price of $100.00 which equates to $200,000.00 in money value.
  • On 6/3/2020 CAO Ajmere Dale Sell 6,106 at average price of  $90.78 with total value of : Not Data Available
  • On 6/1/2020 Insider Sivan Whiteley Sell 3,983 at average price of  $81.64 with total value of : $325,172.12
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Square

  • 6/24/2020 – Square had its price target raised by analysts at Deutsche Bank AG from $80.00 to $120.00. They now have a “buy” rating on the stock.
  • 6/22/2020 – Square had its price target raised by analysts at Barclays PLC from $90.00 to $115.00. They now have an “overweight” rating on the stock.
  • 6/16/2020 – Square had its price target raised by analysts at Citigroup Inc from $66.00 to $95.00. They now have a “neutral” rating on the stock.
  • 5/21/2020 – Square was downgraded by analysts at UBS Group AG from a “neutral” rating to a “sell” rating. They now have a $63.00 price target on the stock, up previously from $54.00.
  • See More Analyst Rating at: RATING

Other rating updates by KeyCorp: 

  • 6/29/2020 – Cooper Tire & Rubber had its price target raised by analysts at KeyCorp from $30.00 to $32.00. They now have an “overweight” rating on the stock.
  • 6/29/2020 – Middleby was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating. They now have a $90.00 price target on the stock.
  • 6/26/2020 – Darden Restaurants had its price target raised by analysts at KeyCorp from $86.00 to $87.00. They now have an “overweight” rating on the stock.
  • 6/26/2020 – Farfetch had its price target raised by analysts at KeyCorp from $17.00 to $23.00. They now have an “overweight” rating on the stock.
  • See More Analyst Rating at: RATING

Square (NYSE:SQ) Moving Average Technical Analysis

5 day Moving Average is $$103.31 And 5 day price change is -$2.36 (-2.26%)  with average volume for 5 day average is 12,284,366. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $95.07 and 20 day price change is $19.14 (23.14%) and average 20 day moving volume is 12,588,286. 50 day moving average is $81.23  and 50 day price change is $40.77 ( 66.74%)  and with average volume for 50 days is : 12,857,063. 200 day moving average is $68.78  and 200 day price change is $44.07 (76.26%)  and with average volume for 200 days is : 11,141,633.

See More Analyst Rating at: RATING