H&R Block: A Bad Beat Or A Value Trap? [Seeking Alpha]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
en.wikipedia.org/wiki/h
Company Research
Source: Seeking Alpha
Summary H&R Block ( HRB ) has been suffering since it reported earnings. We consider the action in the stock a bit of a bad beat, given that performance was solid, and the name has now been pushed into value territory. There is a question however of whether this is a true bad beat, which investors should be buying, or whether it is a value trap that has further downside. What is going on with the decline? At issue here is the new tax law in the United States as well as a bit of a shift in strategy for the company. The company really wants to focus on those who do their taxes themselves (or DIY), and de-emphasize the direct tax preparation assistance it has provided at brick and mortar establishments The impact of the new tax law, along with many Americans moving to DIY as the preferred way of filing taxes (the present authors included), has the potential to put some pressure on H&R Block's revenues. However, we all know that DIY tax filing through the use of the
Show less
Read more
Impact Snapshot
Event Time:
HRB
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
HRB alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
HRB alerts
High impacting H&R Block, Inc. news events
Weekly update
A roundup of the hottest topics
HRB
News
- The CRA's April 30 tax deadline is just days away — here are some last-minute filing tips [Financial Post (Toronto, Ontario, Canada)]Financial Post
- H&R Block to Release Fiscal 2024 Third Quarter Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- H&R Block to Release Fiscal 2024 Third Quarter Results on May 9, 2024GlobeNewswire
- Nearly 1 in 4 Canadians Have Yet to File Their Taxes with Only 6 Days Until the April 30 Deadline [Yahoo! Finance]Yahoo! Finance
- Nearly 1 in 4 Canadians Have Yet to File Their Taxes with Only 6 Days Until the April 30 DeadlinePR Web
HRB
Earnings
- 2/6/24 - Beat
HRB
Sec Filings
- 2/23/24 - Form 144/A
- 2/23/24 - Form 4
- 2/23/24 - Form 144
- HRB's page on the SEC website