Analyst Ratings for H&R Block Inc. (HRB)Updated: 2017-07-28
An average rating of Hold has been given to H&R Block Inc. (NYSE:HRB) by analysts covering the stock. A consensus rating of Hold was previously issued for HRB last month.
A buy rating was issued by 1 analysts, 1 gave an overweight rating, 8 issued a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for HRB. The most optimistic analyst gave a price target of 38, implying a possible profit of 25.16 percent. The lowest price target was 19, implying a possible loss of -37.42 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.81 percent. That number becomes 0.78 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.25 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.51 percent.
People are often interested in whether analysts were united in the direction of their revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 1 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of HRB's earnings is estimated by analysts to be -0.72 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. HRB has a PEG ratio of -21.01.
HRB has a 52-week high of 31.70 and a 52-week low of 19.85. Today's price is 52.95 percent above the 52-week low, and 4.23 percent lower than its 52-week high. HRB has a P/E ratio of 15.13. Investors typically compare the P/E ratio to a company's peers in the industry. The HRB value stock report compares HRB to some of its peers using value stock charts. The stock has a market capitalization of $6.3 billion. HRB will post this quarters earnings in days, on 0000-00-00.