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Block, Inc., together with its subsidiaries, builds ecosystems focused on commerce and financial products and services in the United States and internationally. It operates through two segments, Square and Cash App. The Square segment offers commerce products for restaurants, appointments, retail, point of sale, online, online checkout, and invoices, as well as virtual terminals, risk and order managers, and payment and commerce application programming interfaces; managed payment services; software solutions; hardware products, such as registers, terminals, stands, and readers for contactless and chips; banking services consisting of lending, instant transfer, and checking and savings accounts; and full-service setup and support services. This segment also provides loyalty, marketing, team management, and payroll services; and gift cards. The Cash App segment offers financial tools within the mobile Cash App, including peer-to-peer payments, bitcoin, and stock investment brokerage; Cash App Card, a debit card; direct deposit, cash boost, and tax preparation services; and Afterpay, a buy now, pay later platform. This segment also provides Pay in 4, monthly payment solutions, advertising and affiliate, shop directory, and Cash App Pay services; and business accounts, and Afterpay and Afterpay Plus cards. In addition, the company operates TIDAL, a platform for musicians and fans; TBD, an open developer platform focused on making the decentralized financial world accessible; Bitkey, a self-custody bitcoin wallet; and Spiral, which focuses on bitcoin open source work. It serves businesses, sellers, and individuals through e-commerce and retail distribution channels. 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 Oakland, California. more
| Time Frame | SQ | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | 1.33% | 3.28% | 1.51% |
| 1-Month Return | -1.7% | 6.76% | 5.65% |
| 3-Month Return | 9.93% | 6.05% | 6.8% |
| 6-Month Return | 24.18% | 16.58% | 18.16% |
| 1-Year Return | 25.1% | 38.62% | 29.33% |
| 3-Year Return | -64.39% | 61.34% | 33.21% |
| 5-Year Return | 10.64% | 196.06% | 100.99% |
| 10-Year Return | 452.87% | 557.05% | 237.54% |
| Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 4.71B | 9.50B | 17.66B | 17.53B | 21.92B | [{"date":"2019-12-31","value":21.51,"profit":true},{"date":"2020-12-31","value":43.34,"profit":true},{"date":"2021-12-31","value":80.59,"profit":true},{"date":"2022-12-31","value":80,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Cost of Revenue | 2.82B | 6.76B | 13.24B | 11.54B | 14.41B | [{"date":"2019-12-31","value":19.6,"profit":true},{"date":"2020-12-31","value":46.94,"profit":true},{"date":"2021-12-31","value":91.89,"profit":true},{"date":"2022-12-31","value":80.08,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Gross Profit | 1.89B | 2.73B | 4.42B | 5.99B | 7.50B | [{"date":"2019-12-31","value":25.18,"profit":true},{"date":"2020-12-31","value":36.42,"profit":true},{"date":"2021-12-31","value":58.89,"profit":true},{"date":"2022-12-31","value":79.84,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Gross Margin | 40.09% | 28.78% | 25.03% | 34.18% | 34.24% | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":71.79,"profit":true},{"date":"2021-12-31","value":62.42,"profit":true},{"date":"2022-12-31","value":85.25,"profit":true},{"date":"2023-12-31","value":85.42,"profit":true}] |
| Operating Expenses | 1.86B | 2.75B | 4.19B | 6.57B | 7.12B | [{"date":"2019-12-31","value":26.16,"profit":true},{"date":"2020-12-31","value":38.64,"profit":true},{"date":"2021-12-31","value":58.79,"profit":true},{"date":"2022-12-31","value":92.23,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
| Operating Income | 26.56M | 272.91M | 261.71M | (577.96M) | (278.84M) | [{"date":"2019-12-31","value":9.73,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":95.9,"profit":true},{"date":"2022-12-31","value":-211.78,"profit":false},{"date":"2023-12-31","value":-102.17,"profit":false}] |
| Total Non-Operating Income/Expense | 330.14M | (113.89M) | (137.37M) | (23.58M) | (410.97M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":-34.5,"profit":false},{"date":"2021-12-31","value":-41.61,"profit":false},{"date":"2022-12-31","value":-7.14,"profit":false},{"date":"2023-12-31","value":-124.48,"profit":false}] |
| Pre-Tax Income | 378.21M | 215.97M | 157.46M | (565.32M) | (29.14M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":57.1,"profit":true},{"date":"2021-12-31","value":41.63,"profit":true},{"date":"2022-12-31","value":-149.47,"profit":false},{"date":"2023-12-31","value":-7.71,"profit":false}] |
| Income Taxes | 2.77M | 2.86M | (1.36M) | (12.31M) | (8.02M) | [{"date":"2019-12-31","value":96.68,"profit":true},{"date":"2020-12-31","value":100,"profit":true},{"date":"2021-12-31","value":-47.66,"profit":false},{"date":"2022-12-31","value":-430.19,"profit":false},{"date":"2023-12-31","value":-280.19,"profit":false}] |
| Income After Taxes | 375.45M | 213.10M | 158.83M | (553.00M) | (21.12M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":56.76,"profit":true},{"date":"2021-12-31","value":42.3,"profit":true},{"date":"2022-12-31","value":-147.29,"profit":false},{"date":"2023-12-31","value":-5.63,"profit":false}] |
| Income From Continuous Operations | 375.45M | 213.10M | 158.83M | (553.00M) | (21.12M) | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":56.76,"profit":true},{"date":"2021-12-31","value":42.3,"profit":true},{"date":"2022-12-31","value":-147.29,"profit":false},{"date":"2023-12-31","value":-5.63,"profit":false}] |
| Income From Discontinued Operations | - | - | - | - | - | [{"date":"2019-12-31","value":"-","profit":true},{"date":"2020-12-31","value":"-","profit":true},{"date":"2021-12-31","value":"-","profit":true},{"date":"2022-12-31","value":"-","profit":true},{"date":"2023-12-31","value":"-","profit":true}] |
| Net Income | 375.45M | 213.10M | 166.28M | (553.00M) | 9.77M | [{"date":"2019-12-31","value":100,"profit":true},{"date":"2020-12-31","value":56.76,"profit":true},{"date":"2021-12-31","value":44.29,"profit":true},{"date":"2022-12-31","value":-147.29,"profit":false},{"date":"2023-12-31","value":2.6,"profit":true}] |
| EPS (Diluted) | 0.80 | 0.82 | 1.71 | 1.00 | 1.79 | [{"date":"2019-12-31","value":44.69,"profit":true},{"date":"2020-12-31","value":45.81,"profit":true},{"date":"2021-12-31","value":95.53,"profit":true},{"date":"2022-12-31","value":55.87,"profit":true},{"date":"2023-12-31","value":100,"profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
| SQ | |
|---|---|
| Cash Ratio | 0.56 |
| Current Ratio | 1.64 |
| Quick Ratio | 1.63 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| SQ | |
|---|---|
| ROA (LTM) | 0.33% |
| ROE (LTM) | 1.94% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| SQ | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.47 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.53 |
| Debt/Equity The higher the number, the more leverage the business employs, the riskier the investment typically is. | 1.88 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| SQ | |
|---|---|
| Trailing PE | 119.58 |
| Forward PE | 23.81 |
| P/S (TTM) | 2.16 |
| P/B | 2.54 |
| Price/FCF | 97 |
| EV/R | 2.03 |
| EV/Ebitda | 56.24 |
| PEG | 0.34 |
The post Shiba Inu (SHIB) Aims to Eclipse Dogecoin (DOGE) with Promising ‘Much Wows’ on the Horizon appeared on BitcoinEthereumNews.com . Bitcoin’s recent surge to a new all-time high has captured the attention of both seasoned investors and newcomers to the cryptocurrency market. Amidst the market excitement, experts caution about potential volatility and regulatory scrutiny. “This rally is different from past ones, primarily due to increased institutional interest,” noted a leading financial analyst. Explore the factors driving Bitcoin’s unprecedented rise and what it means for the market. Bitcoin Shatters Records: Understanding the Surge Bitcoin’s value has skyrocketed, reaching heights unseen in previous years, driven by a combination of institutional investment and growing acceptance among major financial entities. Companies like Tesla and Square have made substantial investments in Bitcoin, signaling strong support for its long-term viability. This shift is significant, marking a departure from Bitcoin’s previous image as a speculative asset to a more stable investment option.
Fintech stocks to buy have been a recent favorite of growth investors. Why? The traditional finance system is long overdue for an overhaul and there are plenty of startup fintech companies that are ready to make a change. Already, investors have seen the fintech industry rapidly creating a global network of payment services that has made sending and receiving funds as simple as ever. Of course, investing in fintech stocks hasn’t always been as lucrative for investors. It turns out that converting traditional finance users to a new digital platform isn’t always the easiest process. Still, given the rapid adoption of mobile payments and online banking, fintech can expect to see a growing addressable market. Here are three fintech stocks that have a bright future for you to consider. Fintech Stocks to Buy: Robinhood (HOOD) Source: Fluna nightEtJ / Shutterstock.com Robinhood (NASDAQ: HOOD ) is a popular fintech platform that offers users savings, investing and crypto access. The stock has been making headlines lately after the company turned a surprise profit in 2023.
Some sectors have positive tailwinds, and the industry size has swelled sustainably for a decade or more. However, during this period, the best stocks from the sector are not always surging higher. There can be intermediate phases of price or time correction. Currently, this holds true for the fintech sector. While the overall industry growth estimate remains positive, fintech stocks have been in a time or price correction mode. This is an excellent time to accumulate some cheap fintech stocks for multibagger returns in the next three to five years. Coming to the industry potential, the global market for digital payment solutions is expected to grow at a CAGR of 15.2% between 2023 and 2030. By the decade’s end, the market size is expected to swell to $24.31 trillion . Therefore, the addressable market is big and ample scope exists for growth even amidst competition. Therefore, let’s discuss three cheap fintech stocks positioned to benefit from positive industry tailwinds. PayPal Holdings (PYPL) Source: Poetra.RH / Shutterstock.com PayPal Holdings (NASDAQ: PYPL ) has been sideways in the last 12 months and the fintech stock looks undervalued.
Ark Invest’s Cathie Wood has been active lately as she recently sold over 320,000 shares of fintech giant Block (NYSE:SQ). The ARK Innovation ETF (…
I subscribe to the New York Times. While it doesn’t have a massive amount of investment and finance coverage, it does have a small business section that covers actual small businesses, of which I am one. As I was reading a story last week, it got me thinking about small business stocks to buy. Much like the Global X Autonomous & Electric Vehicle ETF (NASDAQ: DRIV ) thematic ETF that invests in stocks benefiting from the move to electric vehicles from internal combustion-powered vehicles, I would be interested in a small business-focused thematic ETF that invests in companies that benefit from small business. The tough part of developing an ETF methodology for selecting such stocks is identifying the right stocks. While it’s great to have a small business focus, if a business is to get really big, it needs to move beyond the small business customer and add other target customers along the way. That said, these three companies tend to focus on small businesses. All three are excellent stocks to buy to cash in on the entrepreneurial boom in America.
NEW YORK, May 15, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Block, Inc. (NYSE: SQ) resulting from allegations that Block may have issued materially misleading business information to the investing public.
With the market performing relatively well and many companies posting first-quarter earnings, investors are getting a clearer picture of stocks destined to take off this year. By picking the hottest stocks to buy now, investors can realize serious returns as the surging momentum continues. These three stocks are the hottest picks for this May and offer some of the best growth potential through recent short-term advancements and long-term stability. You can be confident that you are making a safe and intelligent buy this month. Let’s learn more about the reasons behind these stocks’ recent performances. They are stirring up excitement and getting the ball rolling for a hot year. Block (SQ) Source: Sergei Elagin / Shutterstock.com Block (NYSE: SQ ) is one of the most exciting fintech companies of recent years. Formerly known as Square, Block has some of the most popular payment processing technology and operates the payment-sharing platform CashApp. While Block is under federal investigation for compliance issues, many expect the company to prevail.
PayPal Holdings (NASDAQ: PYPL ) has been in a slump since 2021. The fintech firm’s latest results suggest a positive change. PayPal stock hasn’t significantly bounced back yet. Despite an initial increase, PYPL declined. Shares remain down by nearly 80% from their all-time closing high of $308.53 . Yet while it’s frustrating that investors have yet to really warm back up to PayPal, this “on the fence” view could work to your advantage. Given the extent in which fiscal results could improve over the next two years, upside potential at present price levels is substantial. PayPal Stock and the Market’s Whipsaw Response On April 30, PayPal Holdings reported its fiscal results for the quarter ending March 31, 2024. For the quarter, the payment processor and digital financial services provider reported solid year-over-year growth. Total payment volume was up 14% compared to the prior year’s quarter. Year-over-year revenue growth came in at 9%. Not only that, adjusted earnings of $1.40 per share came in above that of both PayPal’s own guidance, as well as sell side forecasts .
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Phillip Securities upgraded Block in the aftermath of its earnings report last week.
Block Inc (SQ) share price today is $72.26
Yes, Indians can buy shares of Block Inc (SQ) on Vested. To buy Block Inc from India, you can open a US Brokerage account on Vested today by clicking on Sign Up or Invest in SQ stock at the top of this page. The account opening process is completely digital and secure, and takes a few minutes to complete.
Yes, you can purchase fractional shares of Block Inc (SQ) via the Vested app. You can start investing in Block Inc (SQ) with a minimum investment of $1.
You can invest in shares of Block Inc (SQ) via Vested in three simple steps:
The 52-week high price of Block Inc (SQ) is $87.52. The 52-week low price of Block Inc (SQ) is $38.85.
The price-to-earnings (P/E) ratio of Block Inc (SQ) is 90.26
The price-to-book (P/B) ratio of Block Inc (SQ) is 2.54
The dividend yield of Block Inc (SQ) is 0.00%
The market capitalization of Block Inc (SQ) is $40.22B
The stock symbol (or ticker) of Block Inc is SQ
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