SQ Stock Overview
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$75.88|
|52 Week High||US$289.23|
|52 Week Low||US$65.10|
|1 Month Change||-26.09%|
|3 Month Change||-14.47%|
|1 Year Change||-64.90%|
|3 Year Change||15.28%|
|5 Year Change||233.69%|
|Change since IPO||480.57%|
Recent News & Updates
Despite the Negative Revisions, Block, Inc. (NYSE:SQ) has Large Future Potential
Block, Inc. (NYSE:SQ) is on the receiving end of market turbulence as the stock has declined some 12% from the day on the earnings announcement. We will review how the company performed, and what do analysts expect in the future.
Block Q1: Making Strides, Still Winning, Lots To Come
Last week, Block reported its first-quarter results, missing GPV, total revenues, and bottom-line EPS, but that doesn't necessarily tell the entire story for Block. In Q1, Block's $29B acquisition of Afterpay went through and Afterpay contributed to Block's results for the months of February and March. Cash App continued to see strong growth, which was highlighted by its strongest month of active users transacting on average 21 times. Cash Card also grew gross profits by 50% on a year-over-year basis, while more than 1.5M people filed their taxes through Cash App.
|SQ||US IT||US Market|
Return vs Industry: SQ underperformed the US IT industry which returned -27.5% over the past year.
Return vs Market: SQ underperformed the US Market which returned -12.3% over the past year.
|SQ Average Weekly Movement||14.3%|
|IT Industry Average Movement||10.0%|
|Market Average Movement||7.8%|
|10% most volatile stocks in US Market||16.8%|
|10% least volatile stocks in US Market||2.9%|
Stable Share Price: SQ is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: SQ's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Block, Inc., together with its subsidiaries, creates tools that enables sellers to accept card payments and provides reporting and analytics, and next-day settlement. It provides hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts Europay, MasterCard, and Visa (EMV) chip cards and Near Field Communication payments; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; 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. The company also offers various software products, including Square Point of Sale; Square Appointments; Square for Retail; Square for Restaurants; Square Online and Square Online Checkout; Square Invoices; Square Virtual Terminal; Square Team Management; Square Contracts; Square Loyalty, Marketing, and Gift Cards; and Square Dashboard.
Block Fundamentals Summary
|SQ fundamental statistics|
Is SQ overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|SQ income statement (TTM)|
|Cost of Revenue||US$11.81b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Aug 04, 2022
|Earnings per share (EPS)||-0.13|
|Net Profit Margin||-0.46%|
How did SQ perform over the long term?See historical performance and comparison
Is Block undervalued compared to its fair value and its price relative to the market?
Valuation Score 3/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SQ ($75.88) is trading below our estimate of fair value ($243.17)
Significantly Below Fair Value: SQ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SQ is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US IT industry average.
PE vs Market: SQ is unprofitable, so we can't compare its Price-To-Earnings Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SQ's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SQ is good value based on its Price-To-Book Ratio (2.5x) compared to the US IT industry average (3.1x).
How is Block forecast to perform in the next 1 to 3 years based on estimates from 40 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: SQ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: SQ is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: SQ's is expected to become profitable in the next 3 years.
Revenue vs Market: SQ's revenue (18% per year) is forecast to grow faster than the US market (7.8% per year).
High Growth Revenue: SQ's revenue (18% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: SQ's Return on Equity is forecast to be low in 3 years time (6.2%).
How has Block performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SQ is currently unprofitable.
Growing Profit Margin: SQ is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SQ is unprofitable, but has reduced losses over the past 5 years at a rate of 53.8% per year.
Accelerating Growth: Unable to compare SQ's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SQ is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (21.4%).
Return on Equity
High ROE: SQ has a negative Return on Equity (-0.5%), as it is currently unprofitable.
How is Block's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: SQ's short term assets ($11.9B) exceed its short term liabilities ($6.0B).
Long Term Liabilities: SQ's short term assets ($11.9B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: SQ has more cash than its total debt.
Reducing Debt: SQ's debt to equity ratio has reduced from 55% to 26.9% over the past 5 years.
Debt Coverage: SQ's debt is well covered by operating cash flow (23.6%).
Interest Coverage: Insufficient data to determine if SQ's interest payments on its debt are well covered by EBIT.
What is Block current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate SQ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate SQ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if SQ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SQ's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as SQ has not reported any payouts.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Block has no CEO, or we have no data on them.
Experienced Management: SQ's management team is considered experienced (5 years average tenure).
Experienced Board: SQ's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SQ insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 27.5%.
Block, Inc.'s employee growth, exchange listings and data sources
- Name: Block, Inc.
- Ticker: SQ
- Exchange: NYSE
- Founded: 2009
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Implied Market Cap: US$44.049b
- Shares outstanding: 580.50m
- Website: https://www.block.xyz
Number of Employees
- Block, Inc.
- 1455 Market Street
- Suite 600
- San Francisco
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.