H&R Block Receives Neutral Rating from Compass Point (HRB)
H&R Block (NYSE: HRB)‘s stock had its “neutral” rating reiterated by investment analysts at Compass Point in a note issued to investors on Friday. They currently have a $28.00 target price on the stock.
H&R Block traded down 0.56% on Friday, hitting $24.72. H&R Block has a 1-year low of $14.35 and a 1-year high of $25.23. The stock’s 50-day moving average is currently $22.95. The company has a market cap of $6.706 billion and a price-to-earnings ratio of 19.15.
H&R Block last announced its earnings results on Thursday, December 6th. The company reported ($0.37) earnings per share (EPS) for the quarter. The company had revenue of $137.26 million for the quarter. During the same quarter in the prior year, the company posted ($0.38) earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Analysts expect that H&R Block will post $1.67 EPS for the current fiscal year.
A number of other firms have also recently commented on HRB. Analysts at Oppenheimer raised their price target on shares of H&R Block from $24.00 to $27.00 in a research note to investors on Friday, February 15th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of H&R Block in a research note to investors on Thursday, January 31st. They now have a $24.00 price target on the stock.
Four investment analysts have rated the stock with a buy rating, one has assigned an overweight rating, two have assigned a hold rating, and one has given a sell rating to the stock. The stock has an average rating of “overweight” and a consensus price target of $25.17.
H&R Block, Inc. (H&R Block) has subsidiaries that provide tax, banking, and business and consulting services.
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