Zacks: Liberty Tax, Inc. (TAX) Receives Average Rating of “Strong Buy” from Brokerages
Shares of Liberty Tax, Inc. (NASDAQ:TAX) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a twelve-month consensus target price of $18.00 for the company and are forecasting that the company will post ($0.75) earnings per share for the current quarter, according to Zacks. Zacks has also given Liberty Tax an industry rank of 172 out of 265 based on the ratings given to related companies.
A number of equities analysts have recently commented on TAX shares. Zacks Investment Research raised Liberty Tax from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 16th. ValuEngine downgraded Liberty Tax from a “buy” rating to a “hold” rating in a research report on Friday, September 1st.
Liberty Tax (TAX) opened at $11.90 on Thursday. The firm has a market capitalization of $147.76, a PE ratio of 12.01, a price-to-earnings-growth ratio of 0.97 and a beta of 0.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 3.07 and a quick ratio of 3.07. Liberty Tax has a 52-week low of $10.80 and a 52-week high of $16.19.
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Liberty Tax Company Profile
Liberty Tax, Inc is the holding company for JTH Tax, Inc The Company is a provider of tax preparation services. The Company provides retail federal and state income tax preparation services and related tax settlement products in the United States and Canada. The Company’s tax preparation services and related tax settlement products are offered primarily through franchised locations.
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