H&R Block (NYSE:HRB)‘s stock had its “market perform” rating restated by equities researchers at BMO Capital Markets in a research note issued on Thursday, The Fly reports. They currently have a $30.00 price target on the stock. BMO Capital Markets’ price target suggests a potential upside of 3.48% from the company’s previous close.

A number of other equities analysts also recently issued reports on the stock. BidaskClub upgraded shares of H&R Block from a “hold” rating to a “buy” rating in a research note on Wednesday, August 16th. BTIG Research reiterated a “sell” rating and set a $19.00 price objective on shares of H&R Block in a research note on Tuesday, August 29th. Credit Suisse Group reiterated a “neutral” rating and set a $30.00 price objective (up from $29.00) on shares of H&R Block in a research note on Wednesday, August 30th. Northcoast Research reiterated a “neutral” rating on shares of H&R Block in a research note on Wednesday, August 30th. Finally, Zacks Investment Research downgraded shares of H&R Block from a “hold” rating to a “sell” rating in a research note on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $27.17.

Shares of H&R Block (HRB) traded up $2.70 during mid-day trading on Thursday, reaching $28.99. 6,813,600 shares of the company’s stock were exchanged, compared to its average volume of 3,068,467. The company has a debt-to-equity ratio of -6.97, a current ratio of 1.48 and a quick ratio of 1.48. The company has a market cap of $5,496.19, a P/E ratio of 13.28, a P/E/G ratio of 1.21 and a beta of 0.56. H&R Block has a twelve month low of $19.85 and a twelve month high of $31.80.

H&R Block (NYSE:HRB) last issued its earnings results on Wednesday, December 6th. The company reported ($0.71) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.72) by $0.01. The business had revenue of $140.85 million for the quarter, compared to the consensus estimate of $131.24 million. H&R Block had a net margin of 13.19% and a negative return on equity of 101.42%. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.67) EPS. analysts expect that H&R Block will post 1.98 earnings per share for the current fiscal year.

Large investors have recently bought and sold shares of the stock. Pinebridge Investments L.P. purchased a new stake in H&R Block during the second quarter valued at approximately $114,000. Victory Capital Management Inc. lifted its position in H&R Block by 7.9% during the second quarter. Victory Capital Management Inc. now owns 4,064 shares of the company’s stock valued at $126,000 after acquiring an additional 296 shares during the last quarter. Profund Advisors LLC purchased a new stake in H&R Block during the second quarter valued at approximately $215,000. Zweig DiMenna Associates LLC purchased a new stake in H&R Block during the second quarter valued at approximately $216,000. Finally, Sheaff Brock Investment Advisors LLC purchased a new stake in H&R Block during the second quarter valued at approximately $217,000. 95.21% of the stock is owned by institutional investors.

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H&R Block Company Profile

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.

The Fly

Analyst Recommendations for H&R Block (NYSE:HRB)

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