Shares of Technology sector company Block moved -2.0% today, and are now trading at a price of $64.18. The large-cap stock's daily volume was 3,902,091 compared to its average volume of 14,546,330. The S&P 500 index returned a 0.0% performance.
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. The company is based in San Francisco and has 12,428 full time employees. Its market capitalization is $38,822,649,856.
37 analysts are following Block and have set target prices ranging from $60.0 to $110.0 per share. On average, they have given the company a rating of buy. At today's prices, SQ is trading -24.43% away from its average analyst target price of $84.93 per share.
Over the last year, SQ shares have gone down by -2.7%, which represents a difference of -18.0% when compared to the S&P 500. The stock's 52 week high is $93.19 per share and its 52 week low is $51.34. Although Block's average free cash flow over the last 4 years has been $298.75 Million, they have been decreasing at an average rate of -66.5%. For this reason, investors may continue to shun the stock.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 175,903 | -170,815 | 5,088 | -99.06 |
| 2021-12-31 | 847,830 | -304,320 | 543,510 | 123.48 |
| 2020-12-31 | 381,603 | -138,402 | 243,201 | -39.68 |
| 2019-12-31 | 465,699 | -62,498 | 403,201 | n/a |
