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Block (SQ)
NYSE:SQ
Holding SQ?
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SQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.85 - $87.52
Previous Close$72.61
Volume3.96M
Average Volume (3M)5.99M
Market Cap
$44.70B
Enterprise Value$43.28B
Total Cash (Recent Filing)$8.46B
Total Debt (Recent Filing)$7.04B
Price to Earnings (P/E)56.5
Beta2.54
Next Earnings
Nov 07, 2024EPS Estimate
$0.88Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)1.28
Shares Outstanding615,645,000
10 Day Avg. Volume4,744,431
30 Day Avg. Volume5,993,462
Standard Deviation0.18
R-Squared0.50
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)2.53
Price to Sales (P/S)1.94
Price to Cash Flow (P/CF)13.60
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.88
Enterprise Value/Gross Profit5.77
Enterprise Value/Ebitda103.86
Forecast
1Y Price Target
$88.43Price Target Upside21.79% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering27
Block News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceGross Profit grew by 20% year over year, indicating strong financial performance.
Strategic FocusUnder the leadership of both CEO Jack Dorsey as well as the new head of Sales, Nick Molnar, Square has sharpened its focus on product innovation, sales, marketing, and partnerships.
ValuationBlock Inc. is trading at a steep discount to comparable companies, indicating that it is undervalued and its high-quality business model is underappreciated.
Bears Say
Financial PerformanceShares have not reflected this consistency as investors raise existential questions around Seller; gross profit strength is continuously dismissed as 'low-quality'.
Growth ChallengesUS Seller GPV could slow to mid-single digits amid SMB/discretionary spend moderation, as pricing/software levers get harder to pull.
Regulatory ConcernsThe CFPB investigation has proceeded to a stage where the Bureau has authority to level an enforcement action or come to a settlement with Block.
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Ownership Overview
9.16% Insiders
19.97% Mutual Funds
0.38% Other Institutional Investors
56.43% 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 Nov 07, 2024 which is in 6 days.
How were Block’s earnings last quarter?
Block released its earnings results on Aug 01, 2024. The company reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.829 by $0.101.
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 $0.88.
How many shares outstanding does Block have?
Block has 555,234,000 shares outstanding.
What happened to Block’s price movement after its last earnings report?
Block reported an EPS of $0.93 in its last earnings report, beating expectations of $0.829. Following the earnings report the stock price went up 0.801%.
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 742M.
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Block Stock Smart Score
Unlock Smart Score
1
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Analyst Consensus
Strong Buy
Average Price Target:
$88.43 (21.79% Upside)
$88.43 (21.79% Upside)
Blogger Sentiment
Bullish
SQ Sentiment 85%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 5.8M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $23.7M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 1.5%
Last 30 Days ▼ 1.5%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
74.04%
12-Months-Change
Fundamentals
Return on Equity
4.41%
Trailing 12-Months
Asset Growth
20.82%
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 Company Deck
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SQ Earnings Call
Q2 2024
0:00 / 0:00
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SQ Stock 12 Month Forecast
Average Price Target
$88.43
▲(21.79% Upside)
Technical Analysis
Best Analysts Covering SQ
1 Year
1 Year Success Rate
16/24 ratings generated profit
1 Year Average Return
+31.45%
reiterated a buy rating 3 months ago
Copying Tien Tsin Huang'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 +31.45% per trade.
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