Shares of H&R Block, Inc. (NYSE:HRB) have earned an average recommendation of “Hold” from the eleven brokerages that are covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $26.67.
A number of brokerages have commented on HRB. Northcoast Research reaffirmed a “neutral” rating on shares of H&R Block in a report on Wednesday, August 30th. ValuEngine lowered H&R Block from a “buy” rating to a “hold” rating in a report on Friday, September 22nd. Credit Suisse Group reaffirmed a “neutral” rating and issued a $30.00 price objective (up from $29.00) on shares of H&R Block in a report on Wednesday, August 30th. BidaskClub raised H&R Block from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. Finally, Zacks Investment Research raised H&R Block from a “sell” rating to a “hold” rating in a report on Wednesday, September 13th.
H&R Block (NYSE HRB) traded down $0.19 on Friday, reaching $25.66. The company had a trading volume of 873,457 shares, compared to its average volume of 2,470,000. H&R Block has a twelve month low of $19.85 and a twelve month high of $31.80. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of -6.97. The company has a market cap of $5,360.00, a PE ratio of 12.96, a PEG ratio of 1.18 and a beta of 0.54.
H&R Block (NYSE:HRB) last posted its quarterly earnings results on Tuesday, August 29th. The company reported ($0.62) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.62). H&R Block had a negative return on equity of 101.42% and a net margin of 13.19%. The business had revenue of $138.00 million for the quarter, compared to analysts’ expectations of $129.33 million. During the same quarter in the prior year, the business earned ($0.56) EPS. The firm’s revenue for the quarter was up 10.4% on a year-over-year basis. analysts predict that H&R Block will post 1.98 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 4th will be issued a $0.24 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 3.74%. The ex-dividend date of this dividend is Friday, December 1st. H&R Block’s dividend payout ratio is 49.74%.
A number of hedge funds and other institutional investors have recently modified their holdings of HRB. Pinebridge Investments L.P. acquired a new stake in shares of H&R Block during the 2nd quarter worth $114,000. Victory Capital Management Inc. grew its holdings in shares of H&R Block by 7.9% during the 2nd quarter. Victory Capital Management Inc. now owns 4,064 shares of the company’s stock worth $126,000 after purchasing an additional 296 shares in the last quarter. FDO Partners LLC acquired a new stake in shares of H&R Block during the 3rd quarter worth $203,000. Assetmark Inc. grew its holdings in shares of H&R Block by 111.9% during the 3rd quarter. Assetmark Inc. now owns 7,898 shares of the company’s stock worth $209,000 after purchasing an additional 4,170 shares in the last quarter. Finally, ARP Americas LLC acquired a new stake in shares of H&R Block during the 2nd quarter worth $210,000. 92.58% of the stock is currently owned by hedge funds and other institutional investors.
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About H&R Block
H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.
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