|Bid||65.45 x 800|
|Ask||65.48 x 800|
|Day's range||63.10 - 65.83|
|52-week range||51.34 - 189.87|
|Beta (5Y monthly)||2.37|
|PE ratio (TTM)||N/A|
|Earnings date||22 Feb 2023 - 27 Feb 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||90.40|
Shares of Block (NYSE: SQ) climbed 12.8% in November, following a strong earnings announcement. Block impressed investors, as its third-quarter results beat Wall Street's estimates. The fintech disruptor delivered strong results in both of its major business segments.
In late 2021, Square Chief Executive Officer Jack Dorsey announced radical changes to his company's direction, including changing its name to Block (NYSE: SQ). Unfortunately, these changes had terrible timing and many investors were dubious about several of the company's strategies; at the same time, the economy took a turn for the worse. Nervous investors ran for cover, sending the stock down 61% year to date.
Some of our prior best-company picks are still powerhouses. Others have floundered.