Shares of H & R Block Inc (NYSE:HRB) have received a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $27.67.

A number of research analysts have issued reports on HRB shares. BMO Capital Markets reiterated a “hold” rating and issued a $27.00 target price on shares of H & R Block in a research report on Friday, October 13th. Zacks Investment Research upgraded H & R Block from a “sell” rating to a “hold” rating in a research report on Tuesday, October 31st. Oppenheimer reiterated a “hold” rating on shares of H & R Block in a research report on Thursday, December 7th. Finally, ValuEngine upgraded H & R Block from a “hold” rating to a “buy” rating in a research report on Wednesday, January 10th.

H & R Block (NYSE:HRB) traded down $0.45 during trading on Friday, reaching $24.74. The company’s stock had a trading volume of 3,318,642 shares, compared to its average volume of 2,841,598. H & R Block has a 1 year low of $19.85 and a 1 year high of $31.80. The company has a debt-to-equity ratio of -3.62, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market capitalization of $5,381.43, a PE ratio of 13.20, a PEG ratio of 0.88 and a beta of 0.37.

H & R Block (NYSE:HRB) last released its earnings results on Wednesday, December 6th. The company reported ($0.71) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.72) by $0.01. H & R Block had a negative return on equity of 110.06% and a net margin of 12.90%. The firm had revenue of $140.85 million for the quarter, compared to analysts’ expectations of $131.24 million. During the same quarter in the previous year, the business posted ($0.67) earnings per share. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. research analysts forecast that H & R Block will post 2.66 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in the company. First Eagle Investment Management LLC grew its holdings in shares of H & R Block by 2.6% during the third quarter. First Eagle Investment Management LLC now owns 6,302,315 shares of the company’s stock worth $166,885,000 after purchasing an additional 157,794 shares during the last quarter. APG Asset Management N.V. grew its holdings in shares of H & R Block by 21.1% during the fourth quarter. APG Asset Management N.V. now owns 4,925,349 shares of the company’s stock worth $107,547,000 after purchasing an additional 859,300 shares during the last quarter. Schroder Investment Management Group grew its holdings in shares of H & R Block by 8.5% during the third quarter. Schroder Investment Management Group now owns 2,891,297 shares of the company’s stock worth $78,759,000 after purchasing an additional 226,915 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of H & R Block by 94.4% during the third quarter. American Century Companies Inc. now owns 2,316,675 shares of the company’s stock worth $61,346,000 after purchasing an additional 1,124,910 shares during the last quarter. Finally, Lord Abbett & CO. LLC grew its holdings in shares of H & R Block by 838.9% during the second quarter. Lord Abbett & CO. LLC now owns 1,459,100 shares of the company’s stock worth $45,101,000 after purchasing an additional 1,303,700 shares during the last quarter. Institutional investors own 95.63% 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.

Analyst Recommendations for H & R Block (NYSE:HRB)

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