Yahoo Finance Why H&R Block (HRB) is a Top Value Stock for the Long-Term
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
H&R Block (HRB)
H&R Block Inc. is a leading provider of tax preparation services. The company provides assisted income tax return preparation, do-it-yourself (DIY) tax solutions and other products and services associated with income tax return preparation in the United States, Canada and Australia.
HRB is a Zacks Rank #2 (Buy) stock, with a Value Style Score of A and VGM Score of A. Shares are currently trading at a forward P/E of 12.4X for the current fiscal year compared to the Consumer Services - Miscellaneous industry's P/E of 17.8X. Additionally, HRB has a PEG Ratio of 1 and a Price/Cash Flow ratio of 11.1X. Value investors should also note HRB's Price/Sales ratio of 2.1X.
A company's earnings performance is important for value investors as well. For fiscal 2024, two analysts revised their earnings estimate higher in the last 60 days for HRB, while the Zacks Consensus Estimate has increased $0.04 to $4.29 per share. HRB also holds an average earnings surprise of 10.3%.
Investors should take the time to consider HRB for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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H&R Block, Inc. (HRB) : Free Stock Analysis Report
