H&R Block (NYSE:HRB) Reaches New 1-Year Low – Should You Sell?

Shares of H&R Block, Inc. (NYSE:HRB) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $38.03 and last traded at $37.8060, with a volume of 72505 shares trading hands. The stock had previously closed at $38.72.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of H&R Block in a research report on Monday, December 29th. Barrington Research reiterated an “outperform” rating and issued a $62.00 price objective on shares of H&R Block in a research note on Thursday, January 22nd. One research analyst has rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, H&R Block currently has an average rating of “Hold” and an average price target of $55.00.

H&R Block Price Performance

The firm’s 50 day simple moving average is $42.29 and its 200 day simple moving average is $47.89. The stock has a market capitalization of $4.65 billion, a PE ratio of 8.26, a P/E/G ratio of 0.64 and a beta of 0.36. The company has a debt-to-equity ratio of 12.86, a current ratio of 0.76 and a quick ratio of 0.76.

H&R Block (NYSE:HRB) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($1.20) earnings per share for the quarter, topping analysts’ consensus estimates of ($1.40) by $0.20. H&R Block had a net margin of 16.24% and a negative return on equity of 169.98%. The company had revenue of $203.55 million during the quarter, compared to analyst estimates of $200.13 million. During the same period in the previous year, the business earned ($1.17) EPS. The firm’s revenue for the quarter was up 5.0% on a year-over-year basis. H&R Block has set its FY 2026 guidance at 4.850-5.000 EPS. As a group, equities analysts forecast that H&R Block, Inc. will post 5.25 EPS for the current fiscal year.

Insider Activity

In related news, CEO Jeffrey J. Jones II sold 176,449 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $46.46, for a total transaction of $8,197,820.54. Following the completion of the sale, the chief executive officer owned 906,313 shares in the company, valued at approximately $42,107,301.98. This represents a 16.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.40% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On H&R Block

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Sequoia Financial Advisors LLC grew its holdings in H&R Block by 19.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 24,795 shares of the company’s stock valued at $1,081,000 after purchasing an additional 3,987 shares during the period. Gateway Investment Advisers LLC boosted its stake in shares of H&R Block by 20.7% during the 4th quarter. Gateway Investment Advisers LLC now owns 4,826 shares of the company’s stock worth $210,000 after purchasing an additional 826 shares during the period. Seizert Capital Partners LLC increased its position in shares of H&R Block by 20.2% during the fourth quarter. Seizert Capital Partners LLC now owns 96,608 shares of the company’s stock worth $4,210,000 after acquiring an additional 16,259 shares during the period. Mutual Advisors LLC purchased a new position in H&R Block during the 4th quarter worth $483,000. Finally, GenTrust LLC increased its stake in shares of H&R Block by 4.7% during the fourth quarter. GenTrust LLC now owns 18,222 shares of the company’s stock valued at $802,000 after buying an additional 810 shares during the period. 90.14% of the stock is currently owned by hedge funds and other institutional investors.

H&R Block Company Profile

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.