Block Inc Stock Today

SQ Stock  USD 80.86  0.69  0.86%   

Performance

2 of 100

 
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High
Weak

Odds Of Distress

Less than 10

 
100  
 
Zero
Low
Block is selling at 80.86 as of the 19th of March 2024; that is 0.86 percent increase since the beginning of the trading day. The stock's last reported lowest price was 79.31. Block has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Block Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of November 2022 and ending today, the 19th of March 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
19th of November 2015
Category
Technology
Classification
Information Technology
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. Block, Inc. was incorporated in 2009 and is based in San Francisco, California. Block operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. The company has 555.18 M outstanding shares of which 14.62 M shares are at this time sold short in the market by investors with about 1.08 days to cover all shorted shares. More on Block Inc

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Block Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Block's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Block or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Block's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Block's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanJack Dorsey
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationData Processing & Outsourced Services, Software - Infrastructure, Information Technology, NYSE Composite, Stock Exchange Of, SET Total Return, Millennials Best, Business Services, Blockchain, Social Domain, Information Technology, IT Services, Software—Infrastructure, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Block report their recommendations after researching Block's financial statements, talking to executives and customers, or listening in on Block's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Block Inc. The Block consensus assessment is calculated by taking the average forecast from all of the analysts covering Block.
Financial Strength
Based on the analysis of Block's profitability, liquidity, and operating efficiency, Block Inc is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in April. Financial strength of Block Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.260.6433
Way Up
Slightly volatile
Gross Profit Margin0.260.3424
Way Down
Very volatile
Total Current Liabilities10.4 B9.9 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total5.7 B5.5 B
Sufficiently Up
Slightly volatile
Total Assets35.8 B34.1 B
Sufficiently Up
Slightly volatile
Total Current Assets19.8 B18.9 B
Sufficiently Up
Slightly volatile
Block's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Block's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Block's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Block's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Block's financial leverage. It provides some insight into what part of Block's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Block's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Block deploys its capital and how much of that capital is borrowed.
Liquidity
Block cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 6.07 B of total liabilities with total debt to equity ratio (D/E) of 0.33, which is normal for its line of buisiness. Block Inc has a current ratio of 1.82, which is generally considered normal. Debt can assist Block until it has trouble settling it off, either with new capital or with free cash flow. So, Block's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Block Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Block to invest in growth at high rates of return. When we think about Block's use of debt, we should always consider it together with cash and equity.

Depreciation

428.99 Million
Block Inc (SQ) is traded on New York Stock Exchange in USA. It is located in 1955 Broadway, Oakland, CA, United States, 94612 and employs 12,985 people. Block is listed under Data Processing & Outsourced Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 50.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Block's market, we take the total number of its shares issued and multiply it by Block's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Block Inc is active under IT Services sector as part of Information Technology industry. The entity has 555.18 M outstanding shares of which 14.62 M shares are at this time sold short in the market by investors with about 1.08 days to cover all shorted shares. Block Inc reports about 4.54 B in cash with 100.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.0.
Check Block Probability Of Bankruptcy
Ownership Allocation
Block holds a total of 555.18 Million outstanding shares. The majority of Block Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Block Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Block. Please pay attention to any change in the institutional holdings of Block Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Block Ownership Details

Block Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Block jumping above the current price in 90 days from now is about 6.65%. The Block Inc probability density function shows the probability of Block stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 3.099. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Block will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Block Inc is significantly underperforming NYSE Composite.
  Odds Below 80.86HorizonTargetOdds Above 80.86
93.30%90 days
 80.86 
6.65%
Based on a normal probability distribution, the odds of Block to move above the current price in 90 days from now is about 6.65 (This Block Inc probability density function shows the probability of Block Stock to fall within a particular range of prices over 90 days) .

Block Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Block that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Block's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Block's value.
InstituionRecorded OnShares
Wellington Management Company Llp2023-12-31
8.6 M
Loomis, Sayles & Company Lp2023-09-30
8.2 M
Geode Capital Management, Llc2023-09-30
7.6 M
Norges Bank2023-12-31
6.8 M
Lone Pine Capital Llc2023-12-31
6.6 M
Dragoneer Investment Group, Llc2023-12-31
6.2 M
Baillie Gifford & Co Limited.2023-12-31
5.9 M
Bank Of New York Mellon Corp2023-09-30
4.8 M
Ing Investment Management Llc2023-09-30
4.6 M
Vanguard Group Inc2023-09-30
34.9 M
Blackrock Inc2023-09-30
32.9 M
View Block Diagnostics

Block Historical Income Statement

Block Inc Income Statement is one of the three primary financial statements used for reporting Block's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Block Inc revenue and expense. Block Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Block's Research Development is relatively stable compared to the past year. As of 03/19/2024, EBITDA is likely to grow to about 1.5 B, while Income Before Tax is likely to drop (30.6 M). View More Fundamentals

Block Stock Against Markets

Picking the right benchmark for Block stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Block stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Block is critical whether you are bullish or bearish towards Block Inc at a given time. Please also check how Block's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Block without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Block Corporate Directors

Block corporate directors refer to members of a Block board of directors. The board of directors generally takes responsibility for the Block's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Block's board members must vote for the resolution. The Block board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Darren WalkerIndependent DirectorProfile
James McKelveyIndependent DirectorProfile
Earvin JohnsonIndependent DirectorProfile
Amy BrooksIndependent DirectorProfile

How to buy Block Stock?

Before investing in Block, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Block. To buy Block stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Block. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Block stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Block Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Block Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Block Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Block Stock please use our How to Invest in Block guide.

Already Invested in Block Inc?

The danger of trading Block Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Block is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Block. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Block Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Block Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Block Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Block Inc Stock. Highlighted below are key reports to facilitate an investment decision about Block Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Block Inc. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Block's price analysis, check to measure Block's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Block is operating at the current time. Most of Block's value examination focuses on studying past and present price action to predict the probability of Block's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Block's price. Additionally, you may evaluate how the addition of Block to your portfolios can decrease your overall portfolio volatility.
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Is Block's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Block. If investors know Block will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Block listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(1.00)
Earnings Share
0.02
Revenue Per Share
35.995
Quarterly Revenue Growth
0.241
Return On Assets
(0)
The market value of Block Inc is measured differently than its book value, which is the value of Block that is recorded on the company's balance sheet. Investors also form their own opinion of Block's value that differs from its market value or its book value, called intrinsic value, which is Block's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Block's market value can be influenced by many factors that don't directly affect Block's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Block's value and its price as these two are different measures arrived at by different means. Investors typically determine if Block is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Block's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.