Oppenheimer analyst Scott Schneeberger maintained a Hold rating on H&R Block (HRB – Research Report) today. The company’s shares closed last Friday at $47.74.
Schneeberger covers the Industrials sector, focusing on stocks such as WillScot Mobile Mini Holdings, XPO, and Target Hospitality. According to TipRanks, Schneeberger has an average return of 11.4% and a 61.45% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for H&R Block with a $44.50 average price target.
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Based on H&R Block’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $952.34 million and a net profit of $299.62 million. In comparison, last year the company earned a revenue of $1.05 billion and had a net profit of $222.7 million
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HRB in relation to earlier this year.
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H&R Block (HRB) Company Description:
H&R Block, Inc. engages in the provision of tax preparation and other services. It offers assisted and do-it-yourself tax return preparation solutions through multiple channels and distribute the H&R block-branded financial products and services, including those of its financial partners, to the general public primarily in the United States, Canada, and Australia. The company was founded by Henry W. Bloch and Richard A. Bloch on January 25, 1955 and is headquartered in Kansas City, MO.
Read More on HRB:
- H&R Block Names Tax and Technology Industry Veteran Curtis Campbell as President, Global Consumer Tax & Chief Product Officer
- H&R Block price target raised to $55 from $48 at Barrington
- H&R Block to Release Fiscal 2024 Second Quarter Results on February 6, 2024
- H&R Block’s Block Advisors Launches Beneficial Ownership Reporting Service to Help Small Business Owners Comply with the Corporate Transparency Act
- H&R Block’s Latest Brand Campaign Encourages Hardworking Americans to Switch to the Winning Team by Showing Why ‘It’s Better With Block’
