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Squarespace (SQSP)
NYSE:SQSP
Squarespace (SQSP) Stock Price & Analysis
191 Followers
SQSP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.70 - $44.29
Previous Close$43.53
Volume998.97K
Average Volume (3M)1.16M
Market Cap
$6.00B
Enterprise Value$6.42B
Total Cash (Recent Filing)$257.70M
Total Debt (Recent Filing)$679.15M
Price to Earnings (P/E)―
Beta1.14
Next Earnings
Aug 06, 2024EPS Estimate
$0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding137,528,974
10 Day Avg. Volume632,743
30 Day Avg. Volume1,158,037
Standard Deviation0.12
R-Squared0.07
Alpha-0.00322
Financial Highlights & Ratios
Price to Book (P/B)-9.10
Price to Sales (P/S)14.48
Price to Cash Flow (P/CF)24.60
P/FCF Ratio20.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.34
Enterprise Value/Gross Profit7.98
Enterprise Value/Ebitda65.34
Forecast
1Y Price Target
$43.30Price Target Upside-0.53% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Squarespace News
PremiumCompany Announcements
Squarespace Sells Tock to American Express for $400 Million
Bulls Say, Bears Say
Bulls Say
AcquisitionThe company announced that its board had accepted an all-cash offer of $6.9B ($44.00/share for shareholders) from private equity group Permira.
Growth PotentialThe recent acquisition of Google Domains, coupled with new domains, should drive upside to revenue and free cash flow for 2024 and 2025.
Leadership StabilityCEO Anthony Casalena, the founder and a 33% shareholder, will stay on as CEO and retain equity.
Bears Say
EarningsSquarespace generated $32M of adjusted EBITDA which was lower than consensus expectations of $42M as margins were pressured from the upfront cost recognition from Domain.
Financial PerformanceThe sale of Tock for $400m implies a modest loss compared to its purchase price of $415m in March 2021.
Growth OpportunitiesThe deal does not act as a near-term catalyst for additional M&A in the industry, indicating limited immediate growth opportunities.
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Ownership Overview
Currently, No data available
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
The estimated number of people who visited one or more of the websites owned by Squarespace
Desktop Users
Mobile Users
SQSP FAQ
What was Squarespace’s price range in the past 12 months?
Squarespace lowest stock price was $26.70 and its highest was $44.29 in the past 12 months.
What is Squarespace’s market cap?
Currently, no data Available
When is Squarespace’s upcoming earnings report date?
Squarespace’s upcoming earnings report date is Aug 06, 2024 which is in 34 days.
How were Squarespace’s earnings last quarter?
Squarespace released its earnings results on May 07, 2024. The company reported $0 earnings per share for the quarter, missing the consensus estimate of $0.03 by -$0.03.
Is Squarespace overvalued?
According to Wall Street analysts Squarespace’s price is currently Overvalued.
Does Squarespace pay dividends?
Squarespace does not currently pay dividends.
What is Squarespace’s EPS estimate?
Squarespace’s EPS estimate is $0.2.
How many shares outstanding does Squarespace have?
Squarespace has 90,033,165 shares outstanding.
What happened to Squarespace’s price movement after its last earnings report?
Squarespace reported an EPS of $0 in its last earnings report, missing expectations of $0.03. Following the earnings report the stock price went up 4.063%.
Which hedge fund is a major shareholder of Squarespace?
Among the largest hedge funds holding Squarespace’s share is Par Capital Management Inc. It holds Squarespace’s shares valued at 820K.
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Squarespace Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$43.30 (-0.53% Downside)
$43.30 (-0.53% Downside)
Blogger Sentiment
Bullish
SQSP Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 1.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.4%
Last 30 Days ▲ 9.2%
Last 30 Days ▲ 9.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
38.01%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
27.98%
Trailing 12-Months
Company Description
Squarespace
Squarespace Inc is an all-in-one platform for businesses and independent creators to build an online presence, grow their brands and manage their businesses across the internet. It offers websites, domains, e-commerce, tools for managing a social media presence, marketing tools, and scheduling capabilities. The company primarily derives revenue from monthly and annual subscriptions. Revenue is also derived from non-subscription services including fixed fees earned on revenue share arrangements with third parties and fixed transaction fees that it earns on sales made through customers' websites.
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SQSP Earnings Call
Q1 2024
0:00 / 0:00
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SQSP Stock 12 Month Forecast
Average Price Target
$43.30
▼(-0.53% Downside)
Technical Analysis
Best Analysts Covering SQSP
1 Year
1 Year Success Rate
4/4 ratings generated profit
1 Year Average Return
+37.35%
reiterated a buy rating 2 months ago
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