IB Net Payout Yields Model

Square: Lower Reset

Square shareholders have to reset expectations with the stock down $50 from the highs.
Decelerating revenue growth trends will not be helped by a slowdown in the economy.
The stock still trades at an elevated 12x '19 sales estimates.
Despite obvious valuation issues, Square (SQ) investors were riding the stock higher above $100 earlier this year. The mobile payments provider traded at a market valuation approaching $50 billion while the company only guided adjusted revenues to $1.57 billion for the year. My previous article discussed that even a dip to the recent price of $50 would leave the stock in a stretched valuation so investors need to be careful chasing the stock here.
Read the full article at Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 


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