H&R Block Inc (NYSE: HRB) is -1.17% lower on its value in year-to-date trading and has touched a low of $45.87 and a high of $68.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HRB stock was last observed hovering at around $52.41 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $52.22, the stock is -1.44% and -2.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.22 million and changing -0.36% at the moment leaves the stock -8.23% off its SMA200. HRB registered 8.48% gain for a year compared to 6-month loss of -17.52%.
The stock witnessed a -6.35% gain in the last 1 month and extending the period to 3 months gives it a -11.91%, and is -2.88% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.05% over the week and 2.30% over the month.
H&R Block Inc (HRB) has around 70900 employees, a market worth around $6.99B and $3.62B in sales. Current P/E ratio is 14.38 and Fwd P/E is 10.13. Profit margin for the company is 14.59%. Distance from 52-week low is 13.84% and -23.71% from its 52-week high. The company has generated returns on investments over the last 12 months (41.01%).
with sales reaching $2.25B over the same period.The EPS is expected to grow by 19.67% this year, but quarterly earnings will post 3.02% year-over-year. Quarterly sales are estimated to grow 2.89% in year-over-year returns.
The shares outstanding are 133.84M, and float is at 132.15M with Short Float at 10.12%.
The top institutional shareholder in the company is FMR LLC with over 20.93 million shares valued at $1.13 billion. The investor’s holdings represent 14.7355 of the HRB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 16.3 million shares valued at $883.9 million to account for 11.6818 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.7 million shares representing 10.5378 and valued at over $797.33 million, while STATE STREET CORP holds 3.3134 of the shares totaling 4.71 million with a market value of $256.81 million.
H&R Block Inc (HRB) Insider Activity
A total of 0 insider transactions have happened at H&R Block Inc (HRB) in the last six months, with sales accounting for 0 and purchases happening 0 times.
H&R Block Inc disclosed in a document filed with the SEC on Sep 16 ’24 that Logerwell Kellie J (VP & Chief Acct Officer) sold a total of 8,000 shares of the company’s common stock. The trade occurred on Sep 16 ’24 and was made at $64.41 per share for $0.52 million. Following the transaction, the insider now directly holds 18474.0 shares of the HRB stock.
Still, SEC filings show that on Sep 16 ’24, Logerwell Kellie J (Officer) Proposed Sale 8,000 shares at an average price of $64.41 for $0.52 million. The insider now directly holds shares of H&R Block Inc (HRB).
H&R Block Inc (HRB): Who are the competitors?
One of the company’s main competitors (and peers) include Intuit Inc. (INTU) that is trading -5.04% down over the past 12 months.Fidelity National Information Services Inc. (FIS) lies in the list of competitors of the H&R Block Inc and is -0.24% lower over the same period from HRBPaychex Inc. (PAYX) is 25.98% up on the 1-year trading charts.
