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 highest price target 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.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0.81 percent. This can be compared with the average change in earnings estimates over the past 3 months, which 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. If we look at the last 90 days instead, we find a net average change of 10.51 percent in FY estimates.
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, compared to 0 analysts that revised their FY estimates downwards.
HRB has an estimated earnings growth rate of -0.72 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.
In the last 52-weeks, HRB has achieved a high of 31.70 and a low of 19.85. The current market price is above the trailing year's low by 52.95 percent, and 4.23 percent below the high. 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 market cap of HRB is $6.3 billion. HRB is estimated to release their earnings results for the quarter on 0000-00-00, days from today.