Shares of Technology sector company Block moved 2.5% today, and are now trading at a price of $65.04. The large-cap stock's daily volume was 11,954,239 compared to its average volume of 13,347,253. The S&P 500 index returned a 1.0% 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 $39,940,608,000.
40 analysts are following Block and have set target prices ranging from $40.0 to $100.0 per share. On average, they have given the company a rating of buy. At today's prices, SQ is trading -8.69% away from its average analyst target price of $71.23 per share.
Over the last year, SQ shares have gone down by -5.0%, which represents a difference of -19.0% when compared to the S&P 500. The stock's 52 week high is $89.97 per share and its 52 week low is $38.85. With average free cash flows of $341.33 Million that have been growing at an average rate of 22.6% over the last 6 years, Block declining stock performance may not be reflective of the quality of its underlying business.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 944,253 | 148,563 | 795,690 | 15538.56 |
| 2022 | 175,903 | 170,815 | 5,088 | -99.29 |
| 2021 | 847,830 | 134,320 | 713,510 | 1955.75 |
| 2020 | 173,110 | 138,402 | 34,708 | -86.91 |
| 2019 | 327,630 | 62,498 | 265,132 | 13.36 |
| 2018 | 295,080 | 61,203 | 233,877 |
