H&R Block (NYSE:HRB) shares traded 3.47% up during most recent session to reach at the closing price of $28.32. The stock exchanged hands 2.64 Million shares versus average trading capacity of 2.65 Million shares, yielding a market cap of $5.88 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $25.43 within the next 52-weeks. The mean target projections are based on 7 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have H&R Block (NYSE:HRB) high price target of $29 and with a conservative view have low price target of $19.
Morgan Stanley “Maintained” H&R Block (NYSE:HRB) in a research note issued to investors on 8/29/18 to Equal-Weight with price target of $26.
Additionally on 6/13/18 BMO Capital “Maintained” H&R Block (NYSE:HRB) to Market Perform setting price target at $25 and on 6/13/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $27. Furthermore on 4/26/18 Morgan Stanley “Maintained” the stock to Equal-Weight at $30.
On the other hand the company has Relative Strength Index (RSI 14) of 68.27 along with Average True Range (ATR 14) of 0.72, Consequently H&R Block (NYSE:HRB)’s weekly and monthly volatility is 2.42%, 2.77% respectively. The company’s beta value is at 0.1.
In terms of Buy, Sell or Hold recommendations, H&R Block (NYSE:HRB) has analysts’ mean recommendation of 2.8. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts H&R Block (NYSE:HRB)’s minimum EPS for the current quarter is at $0 and can go high up to $0. The consensus mean EPS for the current quarter is at $0 derived from a total of 0 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.71 earnings per share for the same quarter during last year.
Previously H&R Block (NYSE:HRB) reported $-0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.77 by $0.05. The company posted an earnings surprise of 6.5%.
H&R Block (NYSE:HRB)’s revenue estimates for the current quarter are $139.8 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $147.14 Million in contradiction of low revenue estimates of $136.8 Million. For the current year the company’s revenue estimates are $3.08 Billion compared to low analyst estimates of $3.07 Billion and high estimates of $3.1 Billion according to 7 number of analysts.
Currently H&R Block (NYSE:HRB)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 0%. However the six-month change in the insider ownership was recorded -6.23%, as well as three-month change in the institutional ownership was recorded 0.04%.
H&R Block (NYSE:HRB)’s trailing twelve month revenues are $3.17 Billion, whereas its price to sales ratio for the same period is 1.86. Its book value per share for the most recent quarter is $0.92 while its price to book ratio for the same period is 30.78, as for as the company’s cash per share for the most recent quarter is $4.71, however its price to cash per share ratio for the same period is 6.01. The stock has 5 year expected PEG ratio of 1.03 whereas its trailing twelve month P/E ratio is 10.33.