H&R Block
New York symbol HRB, offers income tax preparation services in the United States, Canada and Australia. It also provides tax, accounting and consulting services to businesses.
H&R Block, symbol HRB on New York, is the world’s largest provider of income-tax-preparation services.
The company is one of the investments we analyze in Wall Street Stock Forecaster, our newsletter for U.S.A. stock market investing.
In its 2011 fiscal year, which ended April 30, 2011, H&R Block’s U.S. offices prepared 14.8 million tax returns, up 3.6% from fiscal 2010. The …read more »
H&R BLOCK INC. $16 (New York symbol HRB; Conservative Growth Portfolio, Finance sector; Shares outstanding: 305.3 million; Market cap: $4.9 billion; Price-to-sales ratio: 1.3; Dividend yield: 3.8%; TSINetwork Rating: Above Average; www.hrblock.com) is the world’s largest provider of income-tax-preparation services.
H&R Block’s U.S. offices prepared 20.8 million tax returns between November 1, 2010 and April 18, 2011. That’s up 6.1% from …read more »
Bank stocks tend to account for the bulk of most investors’ Finance-sector holdings. Banks are writing down fewer loans as the economy recovers and borrowers pay back their loans, but demand for new mortgages and other loans remains weak.
To diversify your Finance holdings, we recommend investing in non-bank financial-services companies, such as these six. We have a high opinion of …read more »
FORD MOTOR CO. $15 (New York symbol F; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 3.6 billion; Market cap: $54.0 billion; Price-to-sales ratio: 0.4; No dividends paid since June 2006; TSINetwork Rating: Speculative; www.ford.com) has agreed to form a 50/50 joint venture with Russian carmaker Sollers. This new business should start making passenger cars and light commercial vehicles …read more »
H&R BLOCK INC. $22 (New York symbol HRB; Conservative Growth Portfolio, Finance sector; Shares outstanding: 338.9 million; Market cap: $7.5 billion; Price-to-sales ratio: 5.2; WSSF Rating: Above Average) generates most of its earnings by preparing income tax returns for its clients. It also sells its “TaxCut” tax-preparation software, which lets individuals prepare and electronically file their own returns with the …read more »
H&R BLOCK INC. $25 (New York symbol HRB; Conservative Growth Portfolio, Finance sector; Shares outstanding: 329.2 million; Market cap: $8.2 billion; WSSF Rating: Above average) is best known for its income tax return preparation business.
The company provides these services through over 14,500 company- owned and franchised offices in the United States, Canada and Australia. It also sets up temporary offices …read more »
H&R Block recently sold its home mortgage and financial advisory operations. It now aims to grow by focusing on its two main businesses— tax preparation and accounting services.
This strategy may limit H&R Block’s growth. However, we feel it will give the company steadier revenue and earnings, with much less risk.
H&R BLOCK INC. $25 (New York symbol HRB; Conservative Growth Portfolio, …read more »
H&R BLOCK INC. $19 (New York symbol HRB; Conservative Growth Portfolio, Finance sector; Shares outstanding: 325.0 million; Market cap: $6.2 billion; WSSF Rating: Above average) prepares income tax returns through offices in the United States, Canada, Australia and the UK. Other services include investment planning and insurance.
In December 2007, the company canceled a deal to sell its Option One mortgage …read more »
Top-quality bank stocks are a sound addition to the Finance sector of most portfolios. However, you should also diversify your holdings with high-quality non-bank stocks such as these two.
H&R BLOCK INC. $19 (New York symbol HRB; Conservative Growth Portfolio, Finance sector; Shares outstanding: 325.0 million; Market cap: $6.2 billion; WSSF Rating: Above average) prepares income tax returns through offices in …read more »
H&R BLOCK INC. $18 (New York symbol HRB; Conservative Growth Portfolio, Finance sector; Shares outstanding: 325.0 million; Market cap; $5.9 billion; WSSF Rating: Above average) has cancelled its deal to sell its Option One mortgage business, due to increasing default rates in the subprime mortgage market and falling home prices.
The company now plans to shut down its mortgage operations and …read more »
