H&R Block (HRB) Earns Media Impact Rating of 0.15
Media coverage about H&R Block (NYSE:HRB) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. H&R Block earned a coverage optimism score of 0.15 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 44.8983973808562 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s analysis:
- Analysts recommend to Hold stock: H&R Block, Inc. (HRB) ,AGNC Investment Corp. (AGNC) – Street Observer (press release) (streetobserver.com)
- IRS Can Take Passports, But Here’s How To Keep Yours (finance.yahoo.com)
- Sony (SNE) Rides High on Thriving End Markets, Restructuring – Nasdaq (nasdaq.com)
- Watch for H&R Block Inc to Potentially Pullback After Gaining 2.14% Yesterday (mysmartrend.com)
- Now Is The Time To Reconsider H&R Block, Inc. (HRB), FleetCor Technologies, Inc. (FLT) – AllStockNews (allstocknews.com)
HRB has been the topic of a number of research analyst reports. BidaskClub lowered shares of H&R Block from a “strong-buy” rating to a “buy” rating in a research note on Sunday, July 16th. Zacks Investment Research upgraded shares of H&R Block from a “hold” rating to a “buy” rating and set a $29.00 target price on the stock in a research note on Wednesday, May 24th. Morgan Stanley raised their target price on shares of H&R Block from $24.00 to $27.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 14th. BMO Capital Markets raised their target price on shares of H&R Block from $26.00 to $31.00 and gave the company a “market perform” rating in a research note on Friday, June 16th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $29.00 target price (up from $27.00) on shares of H&R Block in a research note on Wednesday, June 14th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $27.67.
H&R Block (NYSE HRB) traded up 0.23% during mid-day trading on Friday, reaching $30.70. 1,618,186 shares of the company’s stock traded hands. The firm has a 50 day moving average of $30.69 and a 200 day moving average of $25.70. H&R Block has a 1-year low of $19.85 and a 1-year high of $31.70. The firm has a market cap of $6.36 billion, a PE ratio of 16.12 and a beta of 0.54.
H&R Block (NYSE:HRB) last released its quarterly earnings data on Tuesday, June 13th. The company reported $3.76 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $3.53 by $0.23. H&R Block had a net margin of 13.47% and a negative return on equity of 104.14%. The firm had revenue of $2.33 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period in the previous year, the company earned $3.16 earnings per share. The company’s quarterly revenue was up 1.3% on a year-over-year basis. Analysts forecast that H&R Block will post $1.99 EPS for the current year.
In other H&R Block news, SVP Kathryn M. Collins sold 7,000 shares of the company’s stock in a transaction on Tuesday, June 20th. The shares were sold at an average price of $30.36, for a total value of $212,520.00. Following the transaction, the senior vice president now directly owns 20,534 shares in the company, valued at $623,412.24. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Tom D. Seip sold 6,300 shares of the company’s stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $29.84, for a total transaction of $187,992.00. Following the completion of the transaction, the director now owns 91,071 shares in the company, valued at $2,717,558.64. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,473,471 shares of company stock worth $45,309,203. Corporate insiders own 0.63% of the company’s stock.
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About H&R Block
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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