Shares of Block have moved -0.9% today, and are now trading at a price of $49.37. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 2,070,194 compared to the stock's average volume of 9,580,390.
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. Based in San Francisco, United States the company has 12,428 full time employees and a market cap of $30,119,452,672.
The company is now trading -40.48% away from its average analyst target price of $82.95 per share. The 37 analysts following the stock have set target prices ranging from $35.0 to $110.0, and on average give Block a rating of buy.
Over the last 12 months SQ shares have declined by -17.0%, which represents a difference of -36.0% when compared to the S&P 500. The stock's 52 week high is $89.97 per share and its 52 week low is $49.21. With its net margins declining an average -0.4% over the last 6 years, Block declining profitability gives us reason to believe its stock price will continue to underwhelm.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-23 | 17,531,587 | -540,747 | -3 | -400.0 |
| 2022-02-24 | 17,661,203 | 166,284 | 1 | -50.0 |
| 2021-02-23 | 9,497,578 | 213,105 | 2 | -75.0 |
| 2020-02-26 | 4,713,500 | 375,446 | 8 | 900.0 |
| 2019-02-27 | 3,298,177 | -38,453 | -1 | 66.67 |
| 2018-02-27 | 2,214,253 | -62,813 | -3 |
