After softening over the past couple of weeks, there was a sense in yesterday's session that perhaps the market is ready to turn north once again. The benchmark indices all had some of their best days in recent weeks, with the S&P 500 finishing up 1.5% and the tech-heavy NASDAQ finishing up more than 3%. Block TodaySQBlock$62.40 +0.52 (+0.84%) 52-Week Range$38.85▼$87.52P/E Ratio81.04Price Target$87.25Add to WatchlistThe market-wide correction over recent weeks, felt most acutely by tech stocks, has opened u ...

BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Five Below, Inc. (Nasdaq: FIVE) for potential securities law violations. Investors who have lost money in their Five Below investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/five. What is this all about? Shares of Five Below fell 21% following the resignation of the company's CEO, Joel Anderson, and a reported decline in sales. Block & Lev ...

Block (SQ) is scheduled to release its second-quarter 2024 results on Aug 1. For the second quarter, the Zacks Consensus Estimate for revenues is pegged at $6.22 billion, suggesting a rise of 12.3% from the prior-year quarter’s reported figure.The Zacks Consensus Estimate for second-quarter earnings is pegged at 76 cents per share, suggesting a jump of 94.9% from the year-ago reported figure. The estimate has been revised upward by 1.4% over the past 30 days. Image Source: Zacks Investment Research Block ha ...

Joe Raedle I initially covered Block (NYSE:SQ) at the start of April. At the time, I was cautious about the valuation and its potential for good returns in the long run. This wasn't just a question of its current financial capacity but also the story to how it should grow that. According to its founder-CEO, Jack Dorsey, the key is to develop an ecosystem in their company (hence changing the name from Square to Block). Citing reasonable doubt, I noted: Customers care about what happens with their mone ...

BOSTON, July 29, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating NuScale Power Corp. (NYSE: SMR) for potential securities law violations. Investors who have lost money in their NuScale Power Corp. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/smr. What is this all about? According to Hunterbrook Media, NuScale Power Corp. (NYSE: SMR) is actively being investigated by the U.S. Securities and Exchang ...

BOSTON, July 29, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Arbor Realty Trust, Inc. (NYSE: ABR) for potential securities law violations. Investors who have lost money in their Arbor Realty Trust, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/abr.  What is this all about? According to Bloomberg, federal "investigators are inquiring about lending practices and [Arbor Realty]'s claims about ...

Wall Street analysts expect Block (SQ) to post quarterly earnings of $0.76 per share in its upcoming report, which indicates a year-over-year increase of 94.9%. Revenues are expected to be $6.22 billion, up 12.3% from the year-ago quarter.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a company's earnings release, it is of utmost importance t ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Block (SQ) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1. On the other ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...

Shares of Block (SQ) have gained 4.5% over the past four weeks to close the last trading session at $66.89, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $87.32 indicates a potential upside of 30.5%.The average comprises 34 short-term price targets ranging from a low of $40 to a high of $106, with a standard deviation of $16.57. While the lowest estimate indicates a decline of ...