H&r Block Intrinsic Value Calculation – H&R Block CFO Sells Over 46K Shares
November 28, 2023
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H&R ($NYSE:HRB) Block, Inc. is a tax preparation and financial services company in the United States, best known for offering tax preparation services. Recently, the company has made headlines as its Chief Financial Officer, Mark A. Ernst, has announced that he has sold over 46,000 shares of H&R Block stock. This decision was made to diversify Ernst’s portfolio and align his personal investments with his role as Chief Financial Officer and fiduciary for the company.
Going forward, the company is expecting more growth as their financial products continue to be in demand. With Ernst’s decision to diversify his portfolio, investors can expect continued stability and growth in H&R Block’s future.
Share Price
This brought the price of H&R Block‘s stock to an opening of $47.0 and a closing of $46.6, a 1.2% decrease from the previous closing price of $47.2. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for H&r Block. More…
| Total Revenues | Net Income | Net Margin |
| 3.48k | 558.64 | 16.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for H&r Block. More…
| Operations | Investing | Financing |
| 808.52 | -87.92 | -699.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for H&r Block. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.51k | 2.86k | -2.36 |
Key Ratios Snapshot
Some of the financial key ratios for H&r Block are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.0% | 12.3% | 22.8% |
| FCF Margin | ROE | ROA |
| 21.3% | -317.0% | 19.7% |
Analysis – H&r Block Intrinsic Value Calculation
At GoodWhale, we have completed an analysis of H&R BLOCK‘s fundamentals. Our proprietary Valuation Line has calculated that the fair value of a share of H&R BLOCK is around $35.4. However, the stock is currently being traded at $46.6, which is overvalued by 31.7%. We recommend that investors exercise caution and should consider revising their positions if the stock continues to be overvalued. More…
Peers
The company offers a variety of services, including online and in-person tax preparation, bookkeeping, and financial planning. H&R Block has a network of over 10,000 locations across the United States and Canada. The company’s competitors include Park Lawn Corp, StoneMor Inc, and XpresSpa Group Inc.
– Park Lawn Corp ($TSX:PLC)
Park Lawn Corporation is a provider of death care products and services in Canada and the United States. The company operates through three segments: Funeral, Cremation and Cemetery. It offers funeral and cemetery products and services, including caskets, urns, burial vaults, memorials, monuments, keepsakes, after-care, and pre-planning. The company also provides cremation products and services, such as cremation caskets and urns, as well as cremation jewellery. Park Lawn Corporation was founded in 1911 and is headquartered in Mississauga, Canada.
– StoneMor Inc ($NYSE:STON)
StoneMor Inc is a publicly traded death care company in the United States. It is headquartered in Trevose, Pennsylvania. The company was founded in 1996. StoneMor operates 301 cemeteries and 107 funeral homes in 27 states and Puerto Rico.
– XpresSpa Group Inc ($NASDAQ:XSPA)
As of 2022, XpresSpa Group Inc has a market cap of 65.62M. The company has a Return on Equity of -0.19%. XpresSpa Group Inc is a company that provides express spa services. The company offers a variety of services such as massages, facials, and manicures/pedicures.
Summary
H&R Block recently revealed that their Chief Financial Officer had sold off over 46,000 shares of the company, causing investors to take a closer look at the company’s future. Analysts suggest that this move could indicate an uncertain financial outlook, as the CFO may be looking to reduce their risk in case of a negative financial event in the near future. Investors should consider the implications of this sale, and focus on other key indicators to evaluate the company’s short and long-term performance. This includes studying the company’s balance sheet, cash flow statements, and recent earnings reports to identify potential strengths and weaknesses in the business.
Additionally, analysts should pay close attention to recent news and announcements from H&R Block, and track developments in the competitive environment. It is important to note that this sale should not be taken as a sign of an imminent collapse in the stock price. Rather, investors should take this as an opportunity to research the company and understand the risks and rewards associated with any potential investment.
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