7-May-2024
William Blair Keeps Their Buy Rating on Squarespace (SQSP)
TipRanks (Tue, 7-May 2:15 PM ET)
Squarespace GAAP EPS of $0.00 beats by $0.07, revenue of $281.1M beats by $4.77M
Seeking Alpha News (Tue, 7-May 6:12 AM ET)
Squarespace Announces First Quarter 2024 Financial Results
PRNewswire (Tue, 7-May 6:08 AM ET)
Squarespace Q1 2024 Earnings Preview
Seeking Alpha News (Mon, 6-May 3:16 PM ET)
Notable earnings before Tuesday's open
Seeking Alpha News (Mon, 6-May 11:08 AM ET)
Squarespace to Announce First Quarter 2024 Financial Results on May 7, 2024
PRNewswire (Tue, 9-Apr 4:04 PM ET)
Fuel Me Secures $18 Million in Oversubscribed Series A to Redefine Fuel Procurement as We Know It
PRNewswire (Wed, 20-Mar 8:29 PM ET)
PRNewswire (Wed, 28-Feb 6:08 AM ET)
Squarespace to Participate at the Morgan Stanley Technology, Media & Telecom Conference
PRNewswire (Thu, 22-Feb 4:08 PM ET)
Squarespace is a provider of subscription-based website-building software and hosting services primarily servicing entrepreneurs and micro businesses. The company offers a range of add-on and standalone tools, including scheduling functionality, email marketing, member areas for paid content, and design tools for social media and video content. Following the 2021 acquisition of Tock, Squarespace has expanded into servicing hospitality customers with reservation, take-out, and event management software.
Squarespace Class A trades on the NYSE stock market under the symbol SQSP.
As of May 7, 2024, SQSP stock price climbed to $36.88 with 1,356,749 million shares trading.
SQSP has a beta of 1.42, meaning it tends to be more sensitive to market movements. SQSP has a correlation of 0.24 to the broad based SPY ETF.
SQSP has a market cap of $5.07 billion. This is considered a Mid Cap stock.
Last quarter Squarespace Class A reported $271 million in Revenue and $.04 earnings per share. This beat revenue expectation by $7 million and missed earnings estimates by -$.10.
The top ETF exchange traded funds that SQSP belongs to (by Net Assets): VTI, VB, IWM, VGT, VBK.
SQSP has outperformed the market in the last year with a price return of +34.2% while the SPY ETF gained +27.0%. SQSP has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +18.1% and +4.2%, respectively, while the SPY returned +5.0% and +3.5%, respectively.
SQSP support price is $34.70 and resistance is $36.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SQSP stock will trade within this expected range on the day.