Analyst Boost H&R Block Price Target But Still Cautious On Long-Term Growth: Here's Why
Analyst Boost H&R Block Price Target But Still Cautious On Long-Term Growth: Here's Why
A couple of analysts boosted the price target of H&R Block Inc (NYSE:HRB) following Q4 FY23 results yesterday.
几位分析师上调了目标股价 H&R Block Inc 纽约证券交易所代码：HRB）昨天公布了23财年第四季度业绩。
H&R Block reported quarterly earnings of $2.05 per share, which beat the analyst consensus estimate of $1.89, and sales of $1.03 billion beat the analyst consensus estimate of $1.01 billion.
H&R Block公布的季度每股收益为2.05美元，超过了分析师共识估计的1.89美元，销售额为10.3亿美元，超过了分析师共识估计的10.1亿美元。
The company expects FY24 revenues of $3.530 billion -$3.585 billion vs. consensus of $3.56 billion, EBITDA of $930 million-$965 million, and adjusted EPS of $4.10-$4.30 vs consensus of $4.01.
该公司预计2014财年的收入为35.30亿至35.85亿美元，市场预期为35.6亿美元，息税折旧摊销前利润为9.3亿至9.65亿美元，调整后的每股收益为4.10美元至4.30美元，而市场预期为4.01美元。
Barrington Research analyst Alexander Paris Jr raised the price target to $44 from $42 and maintained an Outperform rating.
巴灵顿研究 分析师小亚历山大·帕里斯将目标股价从42美元上调至44美元，并维持跑赢大盘评级。
The analyst revised estimates for revenue, adjusted EBITDA, and adjusted EPS to $3.558 billion (from $3.590 billion), $948.2 million (from $962.0 million), and $4.20 (from $4.15) for FY24.
分析师将24财年的收入、调整后的息税折旧摊销前利润和调整后的每股收益修订为35.58亿美元（从35.90亿美元起）、9.482亿美元（从9.62亿美元起）和4.20美元（从4.15美元起）。
The analyst expects revenue of $3.665 billion, EBITDA of $990.4 million, and adjusted EPS of $4.65 for FY25.
该分析师预计，25财年收入为36.65亿美元，息税折旧摊销前利润为9.904亿美元，调整后每股收益为4.65美元。
Goldman Sachs analyst George K. Tong reiterated a Sell rating but upped the price target to $32 from $28.
高盛 分析师George K. Tong重申了卖出评级，但将目标股价从28美元上调至32美元。
The analyst is cautious on H&R Block given share loss in the core assisted tax prep category, mainly low-income EITC filers, and muted FY24 guidance.
该分析师对H&R Block持谨慎态度，因为核心辅助税收准备类别的股票亏损，主要是低收入的EITC申报人，而且24财年的预期不佳。
Also, the analyst thinks management's target of maintaining market share in the assisted category next year can prove to be a stretch due to its history of market share loss in the category (inclusive of the 2023 tax season).
此外，该分析师认为，管理层明年维持辅助类别市场份额的目标可能很艰难，因为其在该类别中市场份额下降的历史（包括2023年的纳税季节）。
Tong notes HRB's FY24 revenue guidance of 2%-3% growth is below its long-term target of 3%-6% growth, despite benefits from the CA tax filing deadline extension and no unusual industry headwinds, which dampens his confidence in the long-term growth target.
汤指出，尽管加州纳税申报截止日期的延期带来了好处，也没有出现不寻常的行业不利因素，这抑制了他对长期增长目标的信心，但HRB的24财年收入预期为2％-3％，低于其3％-6％的长期增长目标。
The analyst expects revenue of $3.540 billion in FY24 and $3.597 billion in FY25, and $3.651 billion in FY26.
该分析师预计，24财年的收入为35.40亿美元，25财年的收入为35.97亿美元，26财年的收入为36.51亿美元。
Price Action: HRB shares are trading higher by 9% at $38.56 on the last check Wednesday.
价格走势: 在周三的最后一张支票中，HRB股价上涨9％，至38.56美元。