H&R Block (NYSE:HRB)‘s stock had its “hold” rating reissued by investment analysts at Oppenheimer in a report released on Thursday.

A number of other research analysts have also issued reports on HRB. BidaskClub raised H&R Block from a “hold” rating to a “buy” rating in a report on Wednesday, August 16th. BTIG Research reissued a “sell” rating and issued a $19.00 price target on shares of H&R Block in a research note on Tuesday, August 29th. Credit Suisse Group reissued a “neutral” rating and issued a $30.00 price target (up previously from $29.00) on shares of H&R Block in a research note on Wednesday, August 30th. Northcoast Research reissued a “neutral” rating on shares of H&R Block in a research note on Wednesday, August 30th. Finally, Zacks Investment Research cut 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’s stock. The company has a consensus rating of “Hold” and a consensus price target of $27.17.

H&R Block (HRB) traded up $2.70 during trading hours on Thursday, reaching $28.99. The company had a trading volume of 6,813,600 shares, compared to its average volume of 3,068,467. The firm has a market capitalization of $5,496.19, a price-to-earnings ratio of 13.28, a P/E/G ratio of 1.21 and a beta of 0.56. H&R Block has a 1 year low of $19.85 and a 1 year 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.

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

Several institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of H&R Block by 2.5% in the second quarter. Vanguard Group Inc. now owns 21,344,192 shares of the company’s stock worth $659,749,000 after acquiring an additional 530,380 shares in the last quarter. First Eagle Investment Management LLC increased its holdings in shares of H&R Block by 2.6% in the third quarter. First Eagle Investment Management LLC now owns 6,302,315 shares of the company’s stock worth $166,885,000 after acquiring an additional 157,794 shares in the last quarter. APG Asset Management N.V. increased its holdings in shares of H&R Block by 70.5% in the third quarter. APG Asset Management N.V. now owns 4,066,049 shares of the company’s stock worth $107,669,000 after acquiring an additional 1,681,474 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of H&R Block by 247.1% in the second quarter. JPMorgan Chase & Co. now owns 3,065,584 shares of the company’s stock worth $94,759,000 after acquiring an additional 2,182,306 shares in the last quarter. Finally, Schroder Investment Management Group increased its holdings in shares of H&R Block by 8.5% in the third quarter. Schroder Investment Management Group now owns 2,891,297 shares of the company’s stock worth $78,759,000 after acquiring an additional 226,915 shares in the last quarter. Institutional investors own 95.21% of the company’s stock.

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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.

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

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