In Tuesday’s Wall Street session, Block Inc (NYSE:XYZ) shares traded at $62.15, up 5.81% from the previous session.
XYZ stock price is now 11.50% away from the 50-day moving average and -12.87% away from the 200-day moving average. The market capitalization of the company currently stands at $38.23B.
With the price target maintained at $72, BNP Paribas Exane recently Upgraded its rating from Neutral to Outperform for Block Inc (NYSE: XYZ). On May 05, 2025, Macquarie Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $50, while ‘Wells Fargo’ rates the stock as ‘Equal Weight’
In other news, DHANANJAY PRASANNA, Officer bought 11,318 shares of the company’s stock on May 27 ’25. The stock was bought for $695,061 at an average price of $61.41. An SEC document containing details of the transaction can be found on the SEC’s website. On May 21 ’25, Business Lead Jennings Owen Britton sold 11,556 shares of the business’s stock. A total of $652,022 was realized by selling the stock at an average price of $56.42. This leaves the insider owning 284,739 shares of the company worth $17.7 million. A total of 12.91% of the company’s stock is owned by insiders.
During the past 12 months, Block Inc has had a low of $44.27 and a high of $99.26. As of last week, the company has a debt-to-equity ratio of 0.28, a current ratio of 2.27, and a quick ratio of 2.26.
The net profit margin was 10.92% and return on equity was 12.93% for XYZ. The company reported revenue of $5.77 billion for the quarter, compared to $5.96 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -3.11 percent. For the current quarter, analysts expect XYZ to generate $6.27B in revenue.
