For its fourth fiscal quarter (ending June 30), Block H&R Inc (NYSE: HRB) has reported E.P.S. of $1.82 compared to $1.97 a year ago. For the latest four quarters through June 30, E.P.S. were $4.14 versus $3.63 for the same period a year ago.
Recent Price Action
Block H&R Inc (NYSE: HRB) stock increased 1.0% on 8/15/24. The shares closed at $57.49. Moreover, this advance was accompanied by unusually high trading volume at 158% of normal. The stock has been strong relative to the market over the last nine months and has risen 5.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, HRB is expected to continue to be a major Value Builder.
Block H&R has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Block H&R has a good Power Rating of 79 and a very high Appreciation Score of 98, and the Highest Value Trend Rating results.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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