TheStreet Upgrades H & R Block to Buy (HRB)
Several other analysts have also recently commented on the stock. Analysts at Morgan Stanley reiterated an “overweight” rating on shares of H & R Block in a research note on Tuesday, July 1st. They now have a $38.00 price target on the stock. Finally, analysts at Oppenheimer raised their price target on shares of H & R Block from $34.00 to $36.00 in a research note on Thursday, June 12th. They now have an “outperform” rating on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the company’s stock. H & R Block currently has a consensus rating of “Buy” and a consensus target price of $33.79.
H & R Block (NYSE:HRB) traded up 1.78% on Friday, hitting $33.18. 1,202,731 shares of the company’s stock traded hands. H & R Block has a 52-week low of $25.98 and a 52-week high of $33.65. The stock has a 50-day moving average of $31.75 and a 200-day moving average of $29.99. The company has a market cap of $9.100 billion and a P/E ratio of 18.95.
H & R Block (NYSE:HRB) last released its earnings data on Wednesday, June 11th. The company reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.23 by $1.56. The company had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter in the previous year, the company posted $2.54 earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. Analysts expect that H & R Block will post $1.98 EPS for the current fiscal year.
H&R Block, Inc (NYSE:HRB) through its subsidiaries provides tax preparation and banking services.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.