Here's a Quick Look Into the Fundamentals of Block Stock

By Susan Ramirez • Monday, September 18 15:12 • Permanent Link

One of the losers of today's trading session was Block. Shares of the Software company plunged -2.6%, and some investors may be wondering if its price of $51.48 would make a good entry point. Here's what you should know if you are considering this investment:

Block has moved -19.0% over the last year, and the S&P 500 logged a change of 15.0%
SQ has an average analyst rating of buy and is -38.27% away from its mean target price of $83.4 per share
Its trailing earnings per share (EPS) is $-0.42
Block has a trailing 12 month Price to Earnings (P/E) ratio of -122.6 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $2.41 and its forward P/E ratio is 21.4
The company has a Price to Book (P/B) ratio of 1.77 in contrast to the S&P 500's average ratio of 2.95
Block is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23
The company has a free cash flow of $8.7 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 provides hardware products, including Square Register that combines its hardware, point-of-sale software, and payments technology; Square Terminal, a payments device and receipt printer to replace traditional keypad terminals, which accepts tap, dip, and swipe payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; Square Reader for contactless and chip that accepts EMV chip cards and NFC payments, enabling acceptance through Apple Pay, Google Pay, and other mobile wallets; and Square Reader for magstripe, which enables swiped transactions of magnetic-stripe cards by connecting with an iOS or Android smartphone or tablet through the headphone jack or Lightning connector. It also offers various commerce products, including Square for Restaurants; Square Appointments; Square for Retail; Square Point of Sale; Square Online; Square Online Checkout; Square Invoices; Square Virtual Terminal; Risk Manager; Order Manager; Payment application programming interfaces (APIs); and Commerce APIs. In addition, the company provides Cash App, an ecosystem of financial products and services that enables customers to store, send, receive, spend, or invest their money. It serves in the United States, Canada, Japan, Australia, New Zealand, the United Kingdom, Ireland, France, and Spain. The company was formerly known as Square, Inc. and changed its name to Block, Inc. in December 2021. Block, Inc. was incorporated in 2009 and is based in San Francisco, California.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.