<div id="readability-page-1"><p>Block, Inc. (NYSE:XYZ - Get Free Report) has earned a consensus recommendation of &#34;Moderate Buy&#34; from the thirty-seven research firms that are currently  covering the stock, Marketbeat reports. One analyst  has rated the stock with a sell recommendation, twelve have issued  a hold recommendation, twenty-one have issued  a buy recommendation and three have assigned  a strong buy recommendation to  the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $83.4242.</p><ul><li>Hims, Block, and NRG Just Launched Huge Stock Buybacks </li></ul><p>A number of brokerages have recently issued reports on XYZ. Oppenheimer  restated an &#34;outperform&#34; rating and issued a $85.00 target price on shares of Block in a research note on Friday, November 7th. Weiss Ratings  reiterated a &#34;hold (c)&#34; rating on shares of Block in a research note on Monday, December 8th. Compass Point upgraded Block from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Friday, November 21st. Needham &amp; Company LLC  reaffirmed a &#34;buy&#34; rating and set a $80.00 price target on shares of Block in a report on Monday, November 24th. Finally, Morgan Stanley boosted their price objective on Block from $71.00 to $72.00 and gave the stock an &#34;equal weight&#34; rating in a research note on Friday, November 21st.</p><p><b>Get Our Latest Stock Report on XYZ</b></p><h2>Insiders Place Their Bets</h2><ul><li>Block Levels Up: What S&amp;P 500 Inclusion Means for Investors</li></ul><p>In other Block news, CFO Amrita Ahuja sold 9,959 shares of Block stock in a transaction on Friday, November 21st. The shares were sold at an average price of $61.40, for a total transaction of $611,482.60. Following the completion of the sale, the chief financial officer owned 272,965 shares of the company's stock, valued at approximately $16,760,051. The trade was a 3.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through the SEC website. Also, insider Chrysty Esperanza sold 3,608 shares of the stock in a transaction on Friday, November 21st. The shares were sold at an average price of $61.40, for a total value of $221,531.20. Following the completion of the transaction, the insider directly owned 123,198 shares in the company, valued at approximately $7,564,357.20. This trade represents a 2.85% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 99,198 shares of company stock valued at $6,968,155 over the last 90 days. Corporate insiders own  10.85% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. acquired a new stake in shares of  Block during the second quarter worth about $3,730,489,000.  Sands Capital Management LLC acquired a new stake in  Block during the 2nd quarter worth approximately $702,446,000.  Geode Capital Management LLC acquired a new position in shares of  Block in the second quarter valued at approximately $634,721,000.  Dragoneer Investment Group LLC bought a new stake in shares of  Block during the second quarter worth $627,233,000.  Finally, Ameriprise Financial Inc. bought a new stake in shares of  Block during the second quarter worth $535,305,000. Institutional investors and hedge funds own  70.44% of the company's stock. </p><h2>Block Trading Up 1.8%</h2><ul><li>Snag These 3 Bargain Tech Stocks Before They Pop</li></ul><p>Shares of Block stock opened at $64.74 on Friday. The company has a market cap of $39.34 billion, a price-to-earnings ratio of 13.05, a PEG ratio of 2.57 and a beta of 2.65. Block has a 1 year low of $44.27 and a 1 year high of $95.78. The company's fifty day simple moving average is $69.42 and its 200-day simple moving average is $71.14. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.25. </p><p>Block (NYSE:XYZ - Get Free Report) last announced its quarterly earnings data on Thursday, November 6th. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.29. The company had revenue of $6.11 billion for the quarter. Block had a return on equity of 5.54% and a net margin of 12.99%.Block's revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.53 EPS.  As a group, sell-side analysts expect that  Block will post 2.54 EPS for the current year. </p><h2>Block Company Profile</h2> (Get Free Report)<p>Square, Inc provides payment and point-of-sale solutions in the United States and internationally. The company's commerce ecosystem includes point-of-sale software and hardware that enables sellers to turn mobile and computing devices into payment and point-of-sale solutions. It offers hardware products, including Magstripe reader, which enables swiped transactions of magnetic stripe cards; Contactless and chip reader that accepts EMV® chip cards and Near Field Communication payments; Chip card reader, which accepts EMV® chip cards and enables swiped transactions of magnetic stripe cards; Square Stand, which enables an iPad to be used as a payment terminal or full point of sale solution; and Square Register that combines its hardware, point-of-sale software, and payments technology, as well as managed payments solutions.</p><h2>Read More</h2><ul><li>Five stocks we like better than Block</li><li>3 Fintech Stocks With Good 2021 Prospects</li><li>Disney's $1 Billion Deal Brings Its Magic to OpenAI</li><li>Roth IRA Calculator: Calculate Your Potential Returns</li><li>Why Amazon Could Be a $300 Stock Within Weeks</li><li>Comparing and Trading High PE Ratio Stocks</li><li>Adobe Gets Post-Earnings Lift: Long-Term Outlook Favors Upside</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhZWg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVhZWg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Block Right Now?</h2><p>Before you consider Block, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Block wasn't on the list.</p><p>While Block currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Block, Inc. (NYSE:XYZ) has received a "Moderate Buy" consensus rating from 37 research firms. The stock has one sell, twelve hold, twenty-one buy, and three strong buy recommendations. The average 1-year price target is $83.42. Recent insider sales include CFO Amrita Ahuja and insider Chrysty Esperanza. Institutional investors hold 70.44% of the stock. Block's recent earnings exceeded expectations with $0.54 EPS and $6.11 billion revenue. The stock opened at $64.74 with a market cap of $39.34 billion.</p>

Block, Inc. (NYSE:XYZ) Receives Consensus Rating of "Moderate Buy" from Analysts