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.
Many analysts weighed in on price targets for HRB. The most optimistic analyst gave a price target of 38, which equates to a potential upside of 25.16 percent. The lowest price target was 19, which equates to a potential downside of -37.42 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.81 percent. The average change in earnings estimates over the last 90 days is 0.78 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.25 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 10.51 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 1 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of HRB to grow at a rate of -0.72 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of HRB is -21.01.
In the last 52-weeks, HRB has achieved a high of 31.70 and a low of 19.85. Currently the stock is 52.95 percent higher than its low, and below the high by 4.23 percent. HRB has a price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.