H&R Block Inc. (HRB) Shares Down 1.1%
Shares of H&R Block Inc. (NYSE:HRB) traded down 1.1% on Monday . The stock traded as low as $24.23 and last traded at $24.29, with a volume of 1,028,251 shares. The stock had previously closed at $24.56.
Several research firms recently commented on HRB. Sterne Agee CRT began coverage on shares of H&R Block in a research report on Tuesday, May 3rd. They issued a “neutral” rating and a $33.00 price target for the company. BTIG Research reiterated a “hold” rating on shares of H&R Block in a research report on Sunday, June 12th. Oppenheimer Holdings Inc. reiterated a “hold” rating on shares of H&R Block in a research report on Sunday, June 12th. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $31.00 price target on shares of H&R Block in a research report on Friday, June 3rd. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $24.00 price target on shares of H&R Block in a research report on Friday, June 10th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $32.72.
The company’s 50 day moving average price is $23.73 and its 200 day moving average price is $25.24. The firm has a market cap of $5.41 billion and a PE ratio of 16.420.
H&R Block (NYSE:HRB) last announced its quarterly earnings data on Thursday, June 9th. The company reported $3.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $3.15 by $0.01. The firm had revenue of $2.30 billion for the quarter. During the same quarter in the previous year, the business earned $2.69 EPS. H&R Block’s revenue was down .2% compared to the same quarter last year. Equities analysts anticipate that H&R Block Inc. will post $1.76 earnings per share for the current year.
In other news, Director Robert A. Gerard acquired 2,000 shares of H&R Block stock in a transaction that occurred on Thursday, June 16th. The shares were purchased at an average cost of $23.33 per share, for a total transaction of $46,660.00. Following the completion of the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $116,650. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Paul J. Brown acquired 2,500 shares of H&R Block stock in a transaction that occurred on Monday, June 13th. The shares were purchased at an average price of $23.97 per share, for a total transaction of $59,925.00. Following the completion of the purchase, the director now directly owns 5,700 shares of the company’s stock, valued at $136,629. The disclosure for this purchase 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.
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