H&R Block (NYSE:HRB) Hits New 12-Month Low – Should You Sell?

H&R Block, Inc. (NYSE:HRB) reached a new 52-week low during trading on Tuesday . The company traded as low as $40.33 and last traded at $40.3560, with a volume of 513902 shares trading hands. The stock had previously closed at $42.05.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on HRB shares. Weiss Ratings restated a “hold (c-)” rating on shares of H&R Block in a research report on Monday, December 29th. Barrington Research restated an “outperform” rating and set a $62.00 price target on shares of H&R Block in a report on Monday, October 27th. One investment analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $55.00.

H&R Block Price Performance

The company has a debt-to-equity ratio of 12.86, a quick ratio of 0.76 and a current ratio of 0.76. The business has a 50 day moving average price of $43.22 and a 200-day moving average price of $49.02. The company has a market capitalization of $5.09 billion, a price-to-earnings ratio of 9.04, a P/E/G ratio of 0.68 and a beta of 0.34.

H&R Block (NYSE:HRB) last released its earnings results on Thursday, November 6th. The company reported ($1.20) EPS for the quarter, topping the consensus estimate of ($1.40) by $0.20. H&R Block had a negative return on equity of 169.98% and a net margin of 16.24%.The business had revenue of $203.55 million during the quarter, compared to analysts’ expectations of $200.13 million. During the same quarter last year, the firm posted ($1.17) earnings per share. The firm’s revenue was up 5.0% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Research analysts predict that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

H&R Block Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 6th. Stockholders of record on Thursday, December 4th were paid a $0.42 dividend. The ex-dividend date was Thursday, December 4th. This represents a $1.68 annualized dividend and a dividend yield of 4.2%. H&R Block’s payout ratio is currently 37.75%.

Insider Transactions at H&R Block

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of the stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $46.46, for a total transaction of $8,197,820.54. Following the transaction, the chief executive officer directly owned 906,313 shares of the company’s stock, valued at $42,107,301.98. This represents a 16.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On H&R Block

A number of institutional investors and hedge funds have recently made changes to their positions in HRB. Neo Ivy Capital Management purchased a new position in shares of H&R Block in the 2nd quarter worth approximately $1,004,000. Prudential Financial Inc. increased its position in shares of H&R Block by 31.1% during the 2nd quarter. Prudential Financial Inc. now owns 99,666 shares of the company’s stock valued at $5,948,000 after purchasing an additional 23,624 shares during the last quarter. Allworth Financial LP raised its stake in shares of H&R Block by 64.8% during the 2nd quarter. Allworth Financial LP now owns 4,979 shares of the company’s stock worth $273,000 after purchasing an additional 1,957 shares during the period. Truist Financial Corp boosted its holdings in shares of H&R Block by 6.1% in the 2nd quarter. Truist Financial Corp now owns 813,898 shares of the company’s stock worth $44,675,000 after buying an additional 46,529 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in H&R Block during the second quarter valued at about $2,130,000. Institutional investors own 90.14% of the company’s stock.

About H&R Block

H&R Block (NYSE: HRB) is a leading provider of tax preparation services and software solutions, serving individual and small-business clients through a combination of retail offices, online platforms and mobile applications. The company offers assisted tax preparation at its network of retail offices, where clients work with trained tax professionals, as well as do-it-yourself (DIY) software and online filing services designed to guide users through the complexities of federal and state tax returns.

Founded in 1955 by brothers Henry W.