Shares of H&R Block Inc. (NYSE:HRB) saw unusually-high trading volume on Friday . Approximately 3,054,640 shares traded hands during mid-day trading, an increase of 74% from the previous session’s volume of 1,750,811 shares.The stock last traded at $24.46 and had previously closed at $24.04.

HRB has been the subject of a number of recent research reports. Morgan Stanley reissued a “buy” rating on shares of H&R Block in a research report on Wednesday, April 27th. Piper Jaffray Cos. reissued a “buy” rating and issued a $29.00 target price on shares of H&R Block in a research report on Friday, July 15th. Credit Suisse Group AG initiated coverage on shares of H&R Block in a research report on Friday, June 17th. They issued a “hold” rating for the company. Oppenheimer Holdings Inc. reissued a “hold” rating on shares of H&R Block in a research report on Sunday, June 12th. Finally, BTIG Research reissued a “hold” rating on shares of H&R Block in a research report on Sunday, June 12th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $32.72.

The firm has a market capitalization of $5.42 billion and a PE ratio of 16.45. The company has a 50-day moving average of $23.60 and a 200 day moving average of $25.48.

H&R Block (NYSE:HRB) last posted its quarterly earnings results on Thursday, June 9th. The company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $3.15 by $0.01. The firm had revenue of $2.30 billion for the quarter. The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the firm earned $2.69 EPS. On average, analysts forecast that H&R Block Inc. will post $1.76 EPS for the current year.

In other news, Director Robert A. Gerard purchased 2,000 shares of the business’s stock in a transaction dated Thursday, June 16th. The stock was bought at an average price of $23.33 per share, for a total transaction of $46,660.00. Following the purchase, the director now owns 5,000 shares of the company’s stock, valued at $116,650. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jeffrey Brown sold 16,067 shares of the stock in a transaction on Thursday, June 30th. The stock was sold at an average price of $22.86, for a total value of $367,291.62. Following the transaction, the insider now owns 118,513 shares of the company’s stock, valued at approximately $2,709,207.18. The disclosure for this sale can be found here.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.