H & R Block (NYSE:HRB) Earning Somewhat Positive Media Coverage, Analysis Shows

News articles about H & R Block (NYSE:HRB) have trended somewhat positive on Monday, according to Accern. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. H & R Block earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news coverage about the company an impact score of 39.2636605379951 out of 100, indicating that recent press coverage is unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news stories that may have impacted Accern’s analysis:

HRB has been the topic of several research reports. Zacks Investment Research upgraded shares of H & R Block from a “hold” rating to a “buy” rating and set a $27.00 target price on the stock in a report on Tuesday, February 6th. ValuEngine upgraded shares of H & R Block from a “hold” rating to a “buy” rating in a research note on Wednesday, January 10th. Oppenheimer reiterated a “hold” rating on shares of H & R Block in a research note on Thursday, December 7th. Finally, BMO Capital Markets lifted their price target on shares of H & R Block from $2.75 to $31.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. H & R Block presently has an average rating of “Hold” and an average price target of $27.67.

Shares of H & R Block (NYSE HRB) traded up $0.22 during midday trading on Monday, reaching $25.13. 4,990,000 shares of the company’s stock were exchanged, compared to its average volume of 2,890,000. The company has a debt-to-equity ratio of -3.62, a quick ratio of 1.13 and a current ratio of 1.13. The company has a market cap of $5,250.00, a P/E ratio of 13.30, a P/E/G ratio of 0.85 and a beta of 0.37. H & R Block has a one year low of $19.85 and a one year high of $31.80.

H & R Block (NYSE:HRB) last announced its quarterly earnings results on Wednesday, December 6th. The company reported ($0.71) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.01. H & R Block had a net margin of 12.90% and a negative return on equity of 110.06%. The company had revenue of $140.85 million for the quarter, compared to the consensus estimate of $131.24 million. During the same period in the previous year, the firm posted ($0.67) EPS. H & R Block’s revenue for the quarter was up 7.3% compared to the same quarter last year. equities analysts anticipate that H & R Block will post 2.66 earnings per share for the current fiscal year.

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About H & R Block

H&R Block, Inc (H&R Block), through its subsidiaries, provides tax preparation and other services. The Company provides assisted income tax return preparation, digital do-it-yourself (DIY) tax solutions and other services and products related to income tax return preparation to the general public primarily in the United States, Canada, Australia and their respective territories.

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