H&R Block, Inc. (NYSE:HRB) Broker Price Targets For The Coming Week

Paterniano Del Favero
Giugno 21, 2017

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 3rd.

According to Zacks, "H&R Block outperformed the Zacks categorized Consumer Services - Miscellaneous industry in the past three months". The company made several enhancements to its online digital tax software to improve monetization and conversion. Additionally, the cash position of the company is fluctuating in nature.

A number of other equities research analysts also recently commented on the company. Macquarie Research initiated the shares of HRB in report on Friday, August 26 with "Outperform" rating. BTIG Research reissued a "buy" rating and set a $17.00 price objective on shares of H&R Block in a report on Monday, March 27th. Finally, BTIG Research upped their target price on H&R Block from $17.00 to $19.00 and gave the stock a "sell" rating in a report on Wednesday, June 14th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. H&R Block has an average rating of "Hold" and a consensus target price of $27.67.

H&R Block (NYSE:HRB) last issued its quarterly earnings data on Tuesday, June 13th. The stock had a trading volume of 5,388,111 shares. H&R Block has a 1-year low of $19.85 and a 1-year high of $30.77. H&R Block, Inc. The company has a market cap of $6.24 billion, a price-to-earnings ratio of 15.83 and a beta of 0.58. $33.75's average target is 12.80% above currents $29.92 stock price. About shares traded. H & R Block Inc (NYSE:HRB) has risen 27.23% since June 20, 2016 and is uptrending. The company reported $3.76 earnings per share 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 company had revenue of $2.33 billion during the quarter, compared to analysts' expectations of $2.32 billion. The Cullen Frost Bankers Inc holds 112,601 shares with $4.03 million value, up from 101,929 last quarter. Northwestern Mutual Wealth Management Co. now owns 4,567 shares of the company's stock valued at $106,000 after buying an additional 1,682 shares in the last quarter.

LSV Asset Management raised its stake in H&R Block, Inc. If the market is performing well and the stock is over-valued, HRB might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. If you are reading this report on another site, it was illegally stolen and republished in violation of USA & worldwide copyright & trademark law. Toronto Dominion Bancshares reported 0% in H & R Block Inc (NYSE:HRB). This is an increase from H&R Block's previous quarterly dividend of $0.22. This represents a $0.96 dividend on an annualized basis and a dividend yield of 3.19%. The ex-dividend date is Wednesday, June 21st. H&R Block's payout ratio is now 43.78%.

In other H&R Block news, Director Tom D. Seip sold 6,300 shares of the firm's stock in a transaction that occurred on Thursday, June 15th. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Following the sale, the director now owns 82,083 shares in the company, valued at $2,463,310.83.

Since June 15, 2017, it had 0 buys, and 1 sale for $187,979 activity.

Hedge funds have recently added to or reduced their stakes in the company. State Street Corp raised its position in H&R Block by 3.9% in the fourth quarter. BlackRock Inc. now owns 32,777,593 shares of the company's stock worth $762,078,000 after buying an additional 31,852,089 shares during the last quarter.

03/08/2017 - H&R Block, Inc. had its "perform" rating reiterated by analysts at Oppenheimer. Jupiter Asset Management Ltd. boosted its position in shares of H&R Block by 14.2% in the fourth quarter. Moreover, Guardian Life Com Of America has 0% invested in H & R Block Inc (NYSE:HRB). Dimensional Fund Advisors LP now owns 985,633 shares of the company's stock valued at $22,662,000 after buying an additional 286,647 shares in the last quarter. Similarly, the Value Composite One (VC1) is a method that investors use to determine a company's value.

H&R Block, Inc., through its subsidiaries, provides tax preparation and other services.

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