Barrington Research Reiterates Outperform Rating for H&R Block (NYSE:HRB)

H&R Block (NYSE:HRB)‘s stock had its “outperform” rating restated by equities research analysts at Barrington Research in a report released on Thursday,Benzinga reports. They presently have a $62.00 price objective on the stock. Barrington Research’s price objective suggests a potential upside of 54.86% from the stock’s previous close.

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of H&R Block in a research note on Monday, December 29th. One research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, H&R Block has an average rating of “Hold” and a consensus price target of $55.00.

H&R Block Stock Down 1.4%

H&R Block stock opened at $40.04 on Thursday. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 0.66 and a beta of 0.34. The company has a debt-to-equity ratio of 12.86, a quick ratio of 0.76 and a current ratio of 0.76. H&R Block has a 52-week low of $38.88 and a 52-week high of $64.62. The firm has a 50 day moving average price of $42.80 and a two-hundred day moving average price of $48.68.

H&R Block (NYSE:HRB) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.40) by $0.20. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The firm had revenue of $203.55 million during the quarter, compared to the consensus estimate of $200.13 million. During the same period last year, the business posted ($1.17) EPS. The business’s revenue was up 5.0% compared to the same quarter last year. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Equities analysts predict that H&R Block will post 5.25 EPS for the current year.

Insider Activity

In other news, CEO Jeffrey J. Jones II sold 128,818 shares of the business’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $44.54, for a total transaction of $5,737,553.72. Following the completion of the transaction, the chief executive officer owned 861,313 shares of the company’s stock, valued at approximately $38,362,881.02. The trade was a 13.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.40% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in HRB. Norges Bank purchased a new position in shares of H&R Block during the 2nd quarter valued at about $97,826,000. AQR Capital Management LLC boosted its position in shares of H&R Block by 60.4% during the third quarter. AQR Capital Management LLC now owns 2,593,290 shares of the company’s stock valued at $130,961,000 after purchasing an additional 976,069 shares in the last quarter. Boston Partners increased its stake in shares of H&R Block by 20.2% in the 3rd quarter. Boston Partners now owns 3,886,544 shares of the company’s stock worth $196,542,000 after acquiring an additional 652,690 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of H&R Block by 335.4% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 749,298 shares of the company’s stock worth $37,892,000 after purchasing an additional 577,200 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its position in H&R Block by 24.5% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,990,367 shares of the company’s stock valued at $100,653,000 after buying an additional 391,711 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

H&R Block Company Profile

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.