In the latest session, H&R Block Inc. (NYSE: HRB) closed at $48.35 down -1.47% from its previous closing price of $49.07. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 939109 shares were traded.
Ratios:
For a deeper understanding of H&R Block Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barrington Research on March 10, 2021, Reiterated its Outperform rating but revised its target price to $24 from $21 previously.
On July 15, 2020, Northcoast Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $20.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 23 ’24 when Jones Jeffrey J II sold 85,921 shares for $49.21 per share. The transaction valued at 4,228,593 led to the insider holds 755,359 shares of the business.
Jones Jeffrey J II sold 14,938 shares of HRB for $717,353 on Feb 15 ’24. The President & CEO now owns 841,280 shares after completing the transaction at $48.02 per share. On Nov 27 ’23, another insider, Bowen Tony G, who serves as the Chief Financial Officer of the company, sold 46,892 shares for $47.10 each. As a result, the insider received 2,208,510 and left with 125,591 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HRB now has a Market Capitalization of 6.75B and an Enterprise Value of 9.11B. As of this moment, H&R’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.33, and their Forward P/E ratio for the next fiscal year is 10.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93. Its current Enterprise Value per Revenue stands at 2.61 whereas that against EBITDA is 9.74.
Stock Price History:
Over the past 52 weeks, HRB has reached a high of $52.90, while it has fallen to a 52-week low of $28.83. The 50-Day Moving Average of the stock is 47.52, while the 200-Day Moving Average is calculated to be 40.89.
Shares Statistics:
For the past three months, HRB has traded an average of 1.22M shares per day and 1.41M over the past ten days. A total of 146.15M shares are outstanding, with a floating share count of 137.89M. Insiders hold about 1.17% of the company’s shares, while institutions hold 92.88% stake in the company. Shares short for HRB as of Feb 15, 2024 were 10.78M with a Short Ratio of 8.81, compared to 9.74M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.73% and a Short% of Float of 13.05%.
Dividends & Splits
According to the company, the forward annual dividend rate for HRB is 1.25, from 1.22 in the trailing year. Against a Trailing Annual Dividend Yield of 2.49%, it implies a Forward Annual Dividend Yield of 2.65%. The stock’s 5-year Average Dividend Yield is 4.21. The current Payout Ratio is 32.51% for HRB, which recently paid a dividend on Apr 03, 2024 with an ex-dividend date of Mar 04, 2024. Stock splits for the company last occurred on Aug 23, 2005 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $4.61 for the current quarter, with a high estimate of $4.69 and a low estimate of $4.49, while EPS last year was $4.2. The consensus estimate for the next quarter is $2.04, with high estimates of $2.1 and low estimates of $1.99.
Analysts are recommending an EPS of between $4.27 and $4.2 for the fiscal current year, implying an average EPS of $4.24. EPS for the following year is $4.64, with 4 analysts recommending between $4.7 and $4.5.
Revenue Estimates
A total of 3 analysts have provided revenue estimates for HRB’s current fiscal year. The highest revenue estimate was $3.56B, while the lowest revenue estimate was $3.54B, resulting in an average revenue estimate of $3.55B. In the same quarter a year ago, actual revenue was $3.47B, up 2.30% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $3.64B in the next fiscal year. The high estimate is $3.67B and the low estimate is $3.6B. The average revenue growth estimate for next year is up 2.40% from the average revenue estimate for this year.
