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.
Investment analysts gave a few price targets for HRB. The maximum price target given was 38, implying a possible profit of 25.16 percent. The minimum price target given was 19, implying potential capital losses of -37.42 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0.81 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 0.78 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 1 analysts increased their quarterly estimates, 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. Another measure frequently examined by investors is 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. People often look for the PEG ratio to be under 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. The current market price is above the trailing year's low by 52.95 percent, and below the high by 4.23 percent. 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 market cap of HRB is $6.3 billion. HRB's next earnings release will be on 0000-00-00, which is days away.