H&R Block (NYSE:HRB) Receives Outperform Rating from Barrington Research

H&R Block (NYSE:HRB)‘s stock had its “outperform” rating reiterated by investment analysts at Barrington Research in a research note issued to investors on Thursday,Benzinga reports. They currently have a $62.00 price objective on the stock. Barrington Research’s price target would suggest a potential upside of 52.91% from the company’s previous close.

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of H&R Block in a research report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, H&R Block presently has an average rating of “Hold” and a consensus target price of $55.00.

H&R Block Stock Up 0.8%

Shares of NYSE:HRB opened at $40.55 on Thursday. H&R Block has a 1-year low of $38.88 and a 1-year high of $64.62. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market cap of $5.13 billion, a P/E ratio of 9.11, a P/E/G ratio of 0.65 and a beta of 0.34. The firm has a fifty day moving average price of $42.97 and a 200 day moving average price of $48.85.

H&R Block (NYSE:HRB) last issued 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. The company had revenue of $203.55 million for the quarter, compared to analyst estimates of $200.13 million. H&R Block had a net margin of 16.24% and a negative return on equity of 169.98%. The business’s revenue was up 5.0% on a year-over-year basis. During the same period in the previous year, the firm earned ($1.17) EPS. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. Sell-side analysts predict that H&R Block will post 5.25 EPS for the current year.

Insider Activity at H&R Block

In other news, CEO Jeffrey J. Jones II sold 128,818 shares of the stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $44.54, for a total transaction of $5,737,553.72. Following the completion of the sale, the chief executive officer owned 861,313 shares of the company’s stock, valued at $38,362,881.02. This represents a 13.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.40% of the stock is currently owned by corporate insiders.

Institutional Trading of H&R Block

Large investors have recently added to or reduced their stakes in the company. Alpine Bank Wealth Management bought a new stake in shares of H&R Block during the third quarter worth approximately $26,000. Clearstead Advisors LLC increased its holdings in shares of H&R Block by 134.4% during the third quarter. Clearstead Advisors LLC now owns 511 shares of the company’s stock worth $26,000 after purchasing an additional 293 shares during the period. Operose Advisors LLC acquired a new stake in shares of H&R Block in the second quarter valued at approximately $27,000. Quent Capital LLC acquired a new stake in H&R Block during the third quarter worth approximately $27,000. Finally, Abound Wealth Management increased its stake in H&R Block by 208.0% during the 4th quarter. Abound Wealth Management now owns 616 shares of the company’s stock worth $27,000 after acquiring an additional 416 shares during the period. Institutional investors and hedge funds 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.