Value Investing Philosophy And H&R Block Inc. (NYSE: HRB)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Recently, Yahoo Finance discussed the stock, revealing that H&R Block Reports Fiscal 2024 Second Quarter Results; Full Year Outlook Reaffirmed.

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Stocks Info

HRB belongs to the Consumer Cyclical sector of the NYSE while operating in the Personal Services industry. The current market capitalization of H&R Block Inc. is $6.81B. A total of 1.12 million shares were traded on the day, compared to an average of 1.22M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, HRB has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 17 BUYs and 15 SELLs from insiders. Insiders purchased 883,360 shares during that period but sold 482,141.

In the most recent transaction, Bowen Tony G sold 46,892 shares of HRB for 47.10 per share on Nov 27. After the transaction, the Chief Financial Officer now owns 125,591 company shares. In a previous transaction on Sep 11, Logerwell Kellie J sold 8,000 shares at 39.61 per share. HRB shares that VP & Chief Acct Officer owns now total 27,721.

Among the insiders who sold shares, Jones Jeffrey J II disposed of 91,192 shares on Aug 16 at a per-share price of $38.00. This resulted in the President & CEO holding 812,150 shares of HRB after the transaction. In another insider transaction, Johnson Richard A bought 10,000 shares at $29.54 per share on May 19. Company shares held by the Director now total 68,729.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. H&R Block Inc. pays an annual dividend of $1.29, resulting in a dividend yield of 2.74%, and it has a price to earnings (P/E) ratio of 13.49. HRB’s most recent ex-dividend date was 3/4/2024 when it declared a $0.32 quarterly dividend that was paid in cash on 4/3/2024. Previously, the company paid the dividend on 1/4/2024 with an ex-dividend date of 12/4/2023. The HRB stock dividend was $0.32 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for HRB in the last 3 months, the mean price target is $46.67 with high estimates of $55.00 and low estimates of $34.00. In terms of 52-week highs and lows, HRB has a high of $49.14 and a low of $28.83.

As of this writing, HRB has an earnings estimate of -$1.56 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of -$1.5 per share and a lower estimate of -$1.61. The company reported an EPS of $2.05 in the last quarter, which was 9.00% higher than expectations of $1.88.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. HRB’s latest balance sheet shows that the firm has $885.01M in Cash & Short Term Investments as of fiscal 2022. There were $1.92B in debt and $998.81M in liabilities at the time. Its Book Value Per Share was -$2.40, while its Total Shareholder’s Equity was $211.63M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HRB is Buy with a score of 3.50.

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