BLOCK INC (SQ2)
Share Price Analysis and Chart

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SQ2 - BLOCK INC

FNArena Sector : Business & Consumer Credit
Year End: December
GICS Industry Group : Software & Services
Debt/EBITDA: 3.65
Index: ASX100 | ASX200 | ASX300 | ALL-ORDS | ALL-TECH

LAST PRICE CHANGE +/- CHANGE % VOLUME

$115.14

18 Apr
2024

0.540

OPEN

$114.15

0.47%

HIGH

$115.42

130,325

LOW

$114.15

TARGET
$128.00 11.2% upside
OTHER COMPANIES IN THE SAME SECTOR
BTN . CCP . CGR . COG . CRD . EML . EPY . FSA . HUM . JDO . LFS . MME . PGL . PLT . PPM . QAL . SIV . SMP . SVR . TYR . WZR . ZIP .
FNARENA'S MARKET CONSENSUS FORECASTS
SQ2: 1
Title FY24
Forecast		 FY25
Forecast
EPS (cps) 4.3 xxx
DPS (cps) 0.0 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 2582.6 xxx
Dividend Yield 0.0% xxx
Div Pay Ratio(%) N/A xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: N/A

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx2.4
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx33,017.1 M
Book Value Per Share xxxxxxxxxxxxxxx4,933.9
Net Operating Cash Flow xxxxxxxxxxxxxxx152.1 M
Net Profit Margin xxxxxxxxxxxxxxx0.04 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx0.06 %
Return on Invested Capital xxxxxxxxxxxxxxx0.04 %
Return on Assets xxxxxxxxxxxxxxx0.03 %
Return on Equity xxxxxxxxxxxxxxx0.06 %
Return on Total Capital xxxxxxxxxxxxxxx3.47 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-75.6 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx79 M
Long Term Debt xxxxxxxxxxxxxxx6,463 M
Total Debt xxxxxxxxxxxxxxx6,542 M
Goodwill - Gross xxxxxxxxxxxxxxx17,469 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx9,700 M
Price To Book Value xxxxxxxxxxxxxxx2.37

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx227.7 M
Capex % of Sales xxxxxxxxxxxxxxx0.69 %
Cost of Goods Sold xxxxxxxxxxxxxxx22,282 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx9,578 M
Research & Development xxxxxxxxxxxxxxx3,873 M
Investments - Total xxxxxxxxxxxxxxx1,272 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

2
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

1

xxx

-

xx.xx%

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Ord Minnett

26/02/2024

3

Hold

$128.00

11.17%

After reviewing Block's end to 2023, Ord Minnett notes a positive outcome now that management has pivoted to a greater focus on profitability over growth.

While Cash App growth has slowed sequentially (year-on-year revenue growth of 20%), growth is still strong in an absolute sense, and the broker still envisages a long runway for this business.

Square experienced 12% year-on-year revenue growth mainly due to payment volume growth of 10%, explains the analyst.

The Hold rating and $128 target are unchanged.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 0.00 cents and EPS of 170.50 cents.
Access Stockbroker Research History >

SQ2 STOCK CHART

FNArena News on SQ2

1
Rudi’s View: Shaky Sentiment Ahead Of Corporate Updates

Apr 17 2024 - Rudi's View
2
Rudi’s View: Week 3 – Not As Good, But Not Bad

Feb 28 2024 - Rudi's View
3
FNArena Corporate Results Monitor – 26-02-2024

Feb 26 2024 - Australia
4
FNArena Corporate Results Monitor – 10-11-2023

Nov 10 2023 - Australia
5
Rudi’s View: Outlook 2024, Is History Our Guide?

Nov 08 2023 - Rudi's View

Latest Business & Consumer Credit News

1
Judo Answers The Critics

Jan 24 2024 - Small Caps
2
BNPL To Be Regulated In Australia

Jun 01 2023 - Australia
3
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Oct 12 2022 - Small Caps
4
Block Still Paying For Afterpay Acquisition

Aug 11 2022 - Australia
5
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Jul 06 2022 - Australia
6
Are Tyro Payments Shares In The Buy-Zone?

Mar 17 2022 - Australia
7
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Feb 04 2022 - Australia
8
In Brief: Omicron Impacts Economy, BNPL Slows

Jan 14 2022 - Weekly Reports
9
Treasure Chest: EML Payments

Nov 25 2021 - Treasure Chest
10
Credit Corp Diversifying Earnings Streams

Nov 09 2021 - Australia