Shares of H&R Block Inc. (NYSE:HRB) traded today at $33.38, eclipsing its 12-month high. So far today approximately 2.4 million shares have been exchanged, as compared to an average 30-day volume of 2.4 million shares.
H&R Block Inc. provides income tax return preparation services, digital do-it-yourself tax solutions, and other services related to income tax preparation to the general public primarily in the United States, Canada, and Australia. The company mainly prepares tax returns for customers within the United States through its company-owned offices, franchise locations, and online tax software. The vast majority of H&R Block’s offices are located in the U.S. The company derives most of its total revenue from the U.S. assisted tax preparation fees. Revenue from franchise and product royalties and digital do-it-yourself tax solutions is also relatively significant.
There is potential upside of 97.6% for shares of H&R Block Inc. based on a current price of $32.43 and an average consensus analyst price target of $64.07.
H&R Block Inc. share prices have moved between a 12-month high of $33.38 and a 12-month low of $21.08 and are now trading 54% above that low price at $32.43 per share.
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