H&R Block Inc. (NYSE:HRB)’s share price dropped 1.1% during trading on Monday . The company traded as low as $24.23 and last traded at $24.29, with a volume of 1,028,251 shares traded. The stock had previously closed at $24.56.

HRB has been the topic of a number of analyst reports. Oppenheimer Holdings Inc. downgraded shares of H&R Block from an “outperform” rating to a “market perform” rating in a research note on Wednesday, April 27th. Morgan Stanley reaffirmed a “buy” rating on shares of H&R Block in a research note on Wednesday, April 27th. Sterne Agee CRT initiated coverage on shares of H&R Block in a research note on Tuesday, May 3rd. They set a “neutral” rating and a $33.00 target price on the stock. Piper Jaffray Cos. reaffirmed an “overweight” rating and set a $31.00 target price on shares of H&R Block in a research note on Friday, June 3rd. Finally, BTIG Research reaffirmed a “neutral” rating on shares of H&R Block in a research note on Monday, June 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $32.72.

The firm has a market capitalization of $5.36 billion and a PE ratio of 16.28. The firm’s 50-day moving average price is $23.66 and its 200 day moving average price is $25.31.

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

In other news, Director Robert A. Gerard purchased 2,000 shares of the firm’s stock in a transaction on Thursday, June 16th. The shares were bought at an average cost of $23.33 per share, with a total value of $46,660.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at $116,650. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Jeffrey Brown sold 105,896 shares of the firm’s stock in a transaction dated Monday, June 27th. The stock was sold at an average price of $21.83, for a total transaction of $2,311,709.68. Following the sale, the insider now directly owns 150,187 shares in the company, valued at $3,278,582.21. 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.