Market Insights: H&R Block Inc. (HRB)’s Notable Drop of -0.19, Closing at 53.00

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As of close of business last night, H&R Block Inc.’s stock clocked out at $53.00, down -0.19% from its previous closing price of $53.10. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 1.03 million shares were traded. HRB stock price reached its highest trading level at $53.77 during the session, while it also had its lowest trading level at $52.62.

Ratios:

To gain a deeper understanding of HRB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.02.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 7409028608 and an Enterprise Value of 8491424768. As of this moment, H&R’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.13, and their Forward P/E ratio for the next fiscal year is 11.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07. Its current Enterprise Value per Revenue stands at 2.372 whereas that against EBITDA is 8.903.

Stock Price History:

The Beta on a monthly basis for HRB is 0.69, which has changed by 0.6257669 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, HRB has reached a high of $54.21, while it has fallen to a 52-week low of $30.66. The 50-Day Moving Average of the stock is 6.90%, while the 200-Day Moving Average is calculated to be 14.19%.

Shares Statistics:

It appears that HRB traded 1.04M shares on average per day over the past three months and 952000 shares per day over the past ten days. A total of 146.15M shares are outstanding, with a floating share count of 137.84M. Insiders hold about 1.21% of the company’s shares, while institutions hold 94.15% stake in the company. Shares short for HRB as of 1715731200 were 11491313 with a Short Ratio of 11.44, compared to 1713139200 on 12462546. Therefore, it implies a Short% of Shares Outstanding of 11491313 and a Short% of Float of 13.91.

Dividends & Splits

With its trailing 12-month dividend rate of 1.25, HRB has a forward annual dividend rate of 1.28. Against a Trailing Annual Dividend Yield of 0.023540491The stock’s 5-year Average Dividend Yield is 4.14. The current Payout Ratio is 32.51% for HRB, which recently paid a dividend on 2024-06-05 with an ex-dividend date of 1717545600. Stock splits for the company last occurred on 2005-08-23 when the company split stock in a 2:1 ratio.

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