H&R Block’s (HRB) Outperform Rating Reiterated at Barrington Research

H&R Block (NYSE:HRB)‘s stock had its “outperform” rating reissued by stock analysts at Barrington Research in a report released on Friday,Benzinga reports. They currently have a $70.00 price target on the stock. Barrington Research’s target price suggests a potential upside of 18.28% from the stock’s current price. Barrington Research also issued estimates for H&R Block’s Q3 2025 earnings at $5.18 EPS, FY2025 earnings at $5.30 EPS and FY2026 earnings at $5.15 EPS.

Several other analysts also recently issued reports on the company. StockNews.com downgraded H&R Block from a “buy” rating to a “hold” rating in a research report on Friday, August 16th. The Goldman Sachs Group increased their target price on H&R Block from $39.00 to $44.00 and gave the stock a “sell” rating in a research report on Friday, August 16th.

H&R Block Stock Performance

Shares of HRB traded down $4.18 during mid-day trading on Friday, reaching $59.18. 2,518,300 shares of the company’s stock were exchanged, compared to its average volume of 1,073,137. The business’s fifty day simple moving average is $62.09 and its 200-day simple moving average is $56.98. H&R Block has a 52-week low of $41.98 and a 52-week high of $68.45. The company has a debt-to-equity ratio of 16.46, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market capitalization of $8.19 billion, a PE ratio of 14.02, a price-to-earnings-growth ratio of 0.95 and a beta of 0.67.

H&R Block (NYSE:HRB) last released its quarterly earnings data on Thursday, August 15th. The company reported $1.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.74 by $0.15. The firm had revenue of $1.06 billion during the quarter, compared to analysts’ expectations of $1.03 billion. H&R Block had a negative return on equity of 220.05% and a net margin of 16.49%. H&R Block’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.05 earnings per share. On average, equities research analysts expect that H&R Block will post 5.25 earnings per share for the current year.

H&R Block declared that its Board of Directors has approved a share buyback program on Thursday, August 15th that authorizes the company to buyback $1.50 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 16.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other H&R Block news, VP Kellie J. Logerwell sold 8,000 shares of the business’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $64.41, for a total value of $515,280.00. Following the transaction, the vice president now owns 18,474 shares in the company, valued at $1,189,910.34. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In other H&R Block news, CFO Tony G. Bowen sold 79,259 shares of the company’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $65.17, for a total transaction of $5,165,309.03. Following the completion of the sale, the chief financial officer now directly owns 90,095 shares in the company, valued at $5,871,491.15. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Kellie J. Logerwell sold 8,000 shares of H&R Block stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $64.41, for a total value of $515,280.00. Following the completion of the transaction, the vice president now owns 18,474 shares in the company, valued at $1,189,910.34. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 115,927 shares of company stock worth $7,517,056. 1.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On H&R Block

Institutional investors and hedge funds have recently bought and sold shares of the stock. Rockland Trust Co. grew its position in H&R Block by 1.2% in the 3rd quarter. Rockland Trust Co. now owns 16,866 shares of the company’s stock worth $1,072,000 after purchasing an additional 200 shares during the last quarter. TriaGen Wealth Management LLC boosted its stake in shares of H&R Block by 2.4% in the 2nd quarter. TriaGen Wealth Management LLC now owns 8,642 shares of the company’s stock valued at $469,000 after purchasing an additional 203 shares in the last quarter. Bank of Montreal Can grew its stake in H&R Block by 1.0% during the second quarter. Bank of Montreal Can now owns 24,467 shares of the company’s stock worth $1,327,000 after buying an additional 251 shares during the last quarter. Eagle Bay Advisors LLC raised its stake in shares of H&R Block by 5.5% in the first quarter. Eagle Bay Advisors LLC now owns 5,035 shares of the company’s stock valued at $249,000 after acquiring an additional 263 shares during the last quarter. Finally, Axiom Advisory LLC boosted its holdings in shares of H&R Block by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 18,048 shares of the company’s stock worth $1,076,000 after acquiring an additional 282 shares in the last quarter. Institutional investors own 90.14% of the company’s stock.

About H&R Block

H&R Block, Inc, through its subsidiaries, provides assisted income tax return preparation and do-it-yourself (DIY) tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. It offers assisted income tax return preparation and related services through a system of retail offices operated directly by the company or its franchisees.