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 maximum price target given was 38, implying potential capital gains of 25.16 percent. The minimum price target given was 19, implying a possible loss of -37.42 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. Meanwhile, fiscal year estimates have been revised upwards by 0.25 percent, compared to last month. 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. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
HRB has an estimated earnings growth rate of -0.72 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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.