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Block (SQ)
NYSE:SQ
Block (SQ) Stock Price & Analysis
23,791 Followers
SQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.85 - $87.52
Previous Close$71.52
Volume6.91M
Average Volume (3M)9.78M
Market Cap
$44.13B
Enterprise Value$44.30B
Total Cash (Recent Filing)$5.85B
Total Debt (Recent Filing)$6.02B
Price to Earnings (P/E)92.4
Beta2.60
Next Earnings
Aug 01, 2024EPS Estimate
$0.86Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.77
Shares Outstanding617,041,000
10 Day Avg. Volume10,002,299
30 Day Avg. Volume9,776,611
Standard Deviation0.19
R-Squared0.54
Alpha-0.00967
Financial Highlights & Ratios
Price to Book (P/B)11.11
Price to Sales (P/S)1.82
Price to Cash Flow (P/CF)13.60
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.02
Enterprise Value/Gross Profit5.90
Enterprise Value/Ebitda434.37
Forecast
1Y Price Target
$90.98Price Target Upside26.80% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering36
Block News
PremiumStock Analysis & Ideas
SQ, WDC, GDDY: Which Strong Buy Tech Stock Is Best?
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst raises 2024 gross profit estimate to $8.892bn, indicating an 18% growth, which is above the company's guidance.
Market InclusionSQ's inclusion in the S&P 500 is seen as increasingly likely and a potential catalyst for the stock.
Product DevelopmentSeller product initiatives with a focus on reliability, F&B and services offerings, and faster onboarding.
Bears Say
Compliance RisksA former Square employee provided documents suggesting compliance lapses at Square and Cash App.
Profitability ConcernsCash App debit card's contribution to profit growth is subject to cost structure changes that may impact growth negatively.
Regulatory ConcernsFederal regulators are examining financial transactions at Square, with allegations involving insufficient customer information to assess risks, processing transactions for sanctioned countries, and handling cryptocurrency transactions for terrorist groups.
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Ownership Overview
3.35% Insiders
20.43% Mutual Funds
36.67% Other Institutional Investors
39.56% 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 76 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 $0.86.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$90.98 (26.80% Upside)
$90.98 (26.80% Upside)
Blogger Sentiment
Bullish
SQ Sentiment 81%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 16.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 2.1%
Last 30 Days ▼ 2.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
25.76%
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
$90.98
▲(26.80% Upside)
Technical Analysis
Best Analysts Covering SQ
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+39.25%
reiterated a buy rating 14 days ago
Copying Joseph Vafi's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +39.25% per trade.
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