Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Block (SQ)
NYSE:SQ
Block (SQ) Stock Price & Analysis
23,891 Followers
SQ Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$38.85 - $87.52
Previous Close$66.08
Volume4.25M
Average Volume (3M)8.19M
Market Cap
$40.50B
Enterprise Value$40.94B
Total Cash (Recent Filing)$5.85B
Total Debt (Recent Filing)$6.02B
Price to Earnings (P/E)85.3
Beta2.62
Next Earnings
Aug 01, 2024EPS Estimate
$0.85Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.77
Shares Outstanding617,041,000
10 Day Avg. Volume7,359,504
30 Day Avg. Volume8,189,068
Standard Deviation0.19
R-Squared0.54
Alpha-0.00967
Financial Highlights & Ratios
Price to Book (P/B)11.11
Price to Sales (P/S)1.68
Price to Cash Flow (P/CF)13.60
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.87
Enterprise Value/Gross Profit5.46
Enterprise Value/Ebitda401.45
Forecast
1Y Price Target
$90.43Price Target Upside37.79% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering32
Block News
PremiumStock Analysis & Ideas
SQ, WDC, GDDY: Which Strong Buy Tech Stock Is Best?
Bulls Say, Bears Say
Bulls Say
Financial Health And RecognitionSquare's strong financial performance and potential inclusion in the S&P 500 could serve as a significant catalyst for stock appreciation.
Market ExpansionIntroduction of flexible contracts for mid-market sellers and a focus on serving larger businesses suggest competitive positioning and market expansion opportunities.
Operational EfficiencyRecent actions such as orders migration and internal reorganization are expected to enhance platform agility, fostering growth in Gross Payment Volume.
Bears Say
Product PricingTop Cash App products are too expensive for SQ investors, charging above general market rates for increased convenience.
Regulatory ConcernsFederal regulators are examining financial transactions at Square, with allegations involving risks and potential compliance lapses.
Strategy And ManagementThe CEO's recent comments are not seen as reassuring for most investor theses, indicating potential misalignment with investor expectations.
---
Ownership Overview
3.34% Insiders
20.49% Mutual Funds
36.56% Other Institutional Investors
39.61% 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 64 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 $0.85.
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.
---
Block Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$90.43 (37.79% Upside)
$90.43 (37.79% Upside)
Blogger Sentiment
Bullish
SQ Sentiment 83%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 138.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.9M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.00%
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.
---
SQ Earnings Call
Q1 2024
0:00 / 0:00
---
SQ Stock 12 Month Forecast
Average Price Target
$90.43
▲(37.79% Upside)
Technical Analysis
Best Analysts Covering SQ
1 Year
1 Year Success Rate
10/15 ratings generated profit
1 Year Average Return
+37.55%
reiterated a buy rating 27 days 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 +37.55% per trade.
---