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Block (SQ)
NYSE:SQ
Block (SQ) Stock Price & Analysis
24,239 Followers
SQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.85 - $87.52
Previous Close$68.74
Volume9.04M
Average Volume (3M)7.50M
Market Cap
$42.42B
Enterprise Value$42.58B
Total Cash (Recent Filing)$5.85B
Total Debt (Recent Filing)$6.02B
Price to Earnings (P/E)88.8
Beta2.56
Next Earnings
Aug 01, 2024EPS Estimate
$0.84Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.77
Shares Outstanding617,041,000
10 Day Avg. Volume6,840,838
30 Day Avg. Volume7,497,587
Standard Deviation0.19
R-Squared0.51
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)11.11
Price to Sales (P/S)1.60
Price to Cash Flow (P/CF)13.60
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.94
Enterprise Value/Gross Profit5.67
Enterprise Value/Ebitda417.55
Forecast
1Y Price Target
$88.90Price Target Upside23.37% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering31
Block News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceSquare continues to shine fundamentally with one of the few beat and raise stories in the sector.
Growth ProspectsSquare volume growth is expected to reaccelerate, supported by the continued rollout of an integrated commerce platform and incremental penetration of financial services.
Strategic PartnershipsSQ and Core Scientific have announced an agreement for the supply of SQ's new 3 nanometer mining ASICs to Core Scientific, marking a key milestone for Proto's mining ASIC program.
Bears Say
Competitive LandscapeSQ is now competing in a more traditional payments landscape on the basis of product and distribution against more traditional competitors.
Product DevelopmentManagement is not as far along on product development or execution as many Bulls likely expect.
Regulatory ConcernsVarious regulators have expressed concerns about services that look to monetize both transactions while also functioning as marketing platforms.
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Ownership Overview
3.35% Insiders
21.12% Mutual Funds
13.25% Other Institutional Investors
62.29% Public Companies and Individual Investors
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 Block
Desktop Users
Mobile Users
SQ FAQ
What was Block’s price range in the past 12 months?
Block lowest stock price was $38.85 and its highest was $87.52 in the past 12 months.
What is Block’s market cap?
Currently, no data Available
When is Block’s upcoming earnings report date?
Block’s upcoming earnings report date is Aug 01, 2024 which is in 11 days.
How were Block’s earnings last quarter?
Block released its earnings results on May 02, 2024. The company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.13.
Is Block overvalued?
According to Wall Street analysts Block’s price is currently Undervalued.
Does Block pay dividends?
Block does not currently pay dividends.
What is Block’s EPS estimate?
Block’s EPS estimate is $0.84.
How many shares outstanding does Block have?
Block has 556,545,000 shares outstanding.
What happened to Block’s price movement after its last earnings report?
Block reported an EPS of $0.85 in its last earnings report, beating expectations of $0.72. Following the earnings report the stock price went down -1.181%.
Which hedge fund is a major shareholder of Block?
Among the largest hedge funds holding Block’s share is Sands Capital Management LLC. It holds Block’s shares valued at 1B.
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Block Stock Smart Score
Unlock Smart Score
1
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5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$88.90 (23.37% Upside)
$88.90 (23.37% Upside)
Blogger Sentiment
Bullish
SQ Sentiment 83%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 138.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-3.48%
12-Months-Change
Fundamentals
Return on Equity
2.74%
Trailing 12-Months
Asset Growth
13.64%
Trailing 12-Months
Company Description
Block
Founded in 2009, California-based Square, Inc. provides credit card payment processing solutions. The company's commerce ecosystem offers point-of-sale software and hardware that helps sellers with payment and point-of-sale solutions.
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SQ Earnings Call
Q1 2024
0:00 / 0:00
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SQ Stock 12 Month Forecast
Average Price Target
$88.90
▲(23.37% Upside)
Technical Analysis
Best Analysts Covering SQ
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+38.39%
reiterated a buy rating 3 months ago
Copying Joseph Vafi's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +38.39% per trade.
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