HRB - H&R Block, Inc.
| Previous Close | 24.09 |
| Open | 24.10 |
| Bid | 24.01 x 3200 |
| Ask | 24.35 x 3200 |
| Day's Range | 24.10 - 24.64 |
| 52 Week Range | 22.96 - 29.62 |
| Volume | 2,535,506 |
| Avg. Volume | 3,019,063 |
| Market Cap | 4.851B |
| Beta (3Y Monthly) | 0.48 |
| PE Ratio (TTM) | 11.67 |
| EPS (TTM) | 2.07 |
| Earnings Date | Dec 4, 2019 - Dec 9, 2019 |
| Forward Dividend & Yield | 1.04 (4.30%) |
| Ex-Dividend Date | 2019-09-12 |
| 1y Target Est | 25.40 |
- InvestorPlace
10 Recession-Resistant Services Stocks to Buy
Despite positive rhetoric from the top, the economy may be headed for troubled waters. For one thing, the benchmark indices have not demonstrated much conviction. Further, individual names have taken some ugly dives, scaring off investors from the usual stocks to buy.Unfortunately, the situation may not improve in the nearer term. While President Trump has always spouted the message of winning against China, the actual data suggests otherwise. According to Moody's Analytics, the trade war has cost the U.S. approximately 300,000 jobs. Based on present trends, the firm estimates that the job loss tally will reach 450,000 by year's end.Another factor that has stymied stocks to buy is the political situation. Currently, we're in one of the most divisive eras in American history. With a high-stakes election coming up next year, Trump can't afford to look weak to his core voting base. Thus, the trade war might continue for at least another year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut in the midst of this turmoil, investors have an opportunity to go contrarian with recession-resistant services stocks to buy. Although consumers are generally incentivized to curtail spending in a downturn, some service providers are simply indelible. Others help clients save money, which is a necessity in troubled times. * 10 Stocks to Sell in Market-Cursed September So without any more delays, here are my picks for recession-resistant services stocks to buy: Alphabet (GOOG, GOOGL)Source: Castleski / Shutterstock.com At first glance, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) doesn't appear an intuitive candidate for recession-resistant services stocks to buy. With its technology-centric business, and one that is increasingly geared toward the cloud, GOOGL stock would seem more vulnerable to volatility under a recession.However, what changes the calculus for GOOGL stock is YouTube. As we all know, recessions are generally unhelpful for discretionary retail names: people simply will shut down unnecessary spending. And in some ways, that applies to services stocks as well. However, Alphabet via YouTube provides a wealth of free information (amid all the other junk).I'll use a personal example. I'm not the most technically inclined for household maintenance work. However, with YouTube, I've been able to take care of several basic jobs, allowing me to save hundreds. In a recession, I think this example will be amplified tenfold, making GOOGL stock one of the surprisingly good services stocks to buy. AutoZone (AZO)Source: Robert Gregory Griffeth / Shutterstock.com You don't have to do deep research to understand that auto sales decline sharply in a recession. But if you want the proof, here it is: according to the Federal Reserve's economic research arm, the retail automotive sector was one of the hardest hit segments of the economy during the 2008 financial crisis and the subsequent Great Recession.That's bad news for automakers. However, it might spell at least a stable revenue channel for AutoZone (NYSE:AZO) and AZO stock.Part of the allure of buying a new car is the associated benefits. For instance, many dealerships offer complementary services like oil changes for the first few years of ownership (or lease). But in a recession, such offers won't be enough to overcome consumer fears. That plays into the hands of AZO stock and related services stocks to buy. * 7 Discount Retail Stocks to Buy for a Recession Not only does AutoZone provide an extensive array of parts, their customer service team can help direct you accordingly. Combined with the do-it-yourself information available at YouTube, AZO stock appears a compelling contrarian buy in a recession. O'Reilly Automotive (ORLY)Source: Jonathan Weiss / Shutterstock.com One of the difficult aspects about figuring out which services stocks to buy for a recession is the underlying assumption: nobody truly knows what's going to happen next. With the markets still relatively elevated, it seems a recovery is possible in the nearer term. But for those who think that, I'd still recommend looking into O'Reilly Automotive (NASDAQ:ORLY) and ORLY stock.While benchmark indices still have their foot in the bull market, the automotive sector is decidedly bearish. Earlier this summer, automotive journal Jalopnik noted that car sales have slipped to a "recession-level decline." As I mentioned earlier, this is bad news for most automakers. However, it suits ORLY stock perfectly.Aside from offering a warehouse of parts, O'Reilly also provides several free services. These include critical functions, such as battery testing and "check engine light" testing. While complementary, these offers facilitate upselling for parts and specialized services. That's a big plus for ORLY stock as investors seek out viable opportunities in a distressed environment. H&R Block (HRB)Source: Ken Wolter / Shutterstock.com Among recession-resistant services stocks to buy, H&R Block (NYSE:HRB) is probably the least intuitive play. That assessment has only been exacerbated by the recent sharp decline in HRB stock. With the drop, shares have essentially gone flat for over the last three years. Certainly, this is not a great way to make an introduction.I'll freely admit that HRB stock has substantial risks. If you have a conservative portfolio, you may want to seek other services stocks. That said, if we fall into a recession, H&R Block's core business becomes all the more valuable.Yes, you can do your taxes yourself, which saves frontline costs. However, in the long run, you're better off with credentialed accounting advice. That applies even more so with small business owners and those with complex tax situations. * 10 Battered Tech Stocks to Buy Now Indeed, in these latter categories, people can save money in the long haul. With accountants guiding you to perfectly legal deductions, clients can maximize their financials and have peace of mind. Those are all valuable attributes that underline HRB stock. Aflac (AFL)Source: Ken Wolter / Shutterstock.com Supplemental insurance provider Aflac (NYSE:AFL) hasn't enjoyed the best performance over the past few months. Since the middle of July, AFL stock is down nearly double digits. With some of the recessionary fears impacting trading behavior, the equity may unfortunately be choppy over the nearer term.But in the broader picture, I think the realities of an economic downturn may inspire people to consider Aflac's services. While traditional insurance programs may cover the basics, there are always potential gaps that might not be covered. In these situations, Aflac provides a valuable service, making AFL stock one of the more critical stocks to buy.On a more personal note, I interviewed James Wright, an aircraft mechanic who suffered debilitating osteoarthritis. Wright was out of work for 20 months while he concentrated on rehabilitation. Through his dedicated commitment, as well as assistance from employment network Allsup Employment Services, he was back on his feet.Certainly, Wright is one of the lucky ones. But his story is a reminder that our health is not guaranteed. However, companies like Aflac can provide peace of mind, which is a tremendous boost for AFL stock. Carriage Services (CSV)Source: Shutterstock This is an icky topic, but death is simply a part of life, ironically enough. While it's also not dinner table conversation, investments like Carriage Services (NYSE:CSV) benefit from a guaranteed bullish narrative: we have lots of people in the U.S. and they're all going to die. As one of the biggest funeral services providers, Carriage Services and CSV stock have lucrative growth opportunities.Furthermore, now might be a great time to consider CSV as one of your top recession-resistant stocks to buy. I say this because of demographic realities. Following World War II, the U.S. experienced a surge in population size. Called the baby boom, the demographic belonging to this group peaked in 1999 at nearly 80 million. * 7 Discount Retail Stocks to Buy for a Recession Despite many who passed, there are many more waiting to knock on St. Peter's gate. In other words, CSV stock should have ample opportunities for upside. Service Corporation International (SCI)Source: Shutterstock The same arguments for CSV can be made for other funeral services stocks such as Service Corporation International (NYSE:SCI). There are certain industries where the demand does not decrease when the economy is hurting. Unfortunately, making arrangements for deceased loved ones is one of those industries.SCI states that its brands "provide families with a full range of choices, from the simplest funeral arrangements to elegant ceremonies requiring intricate planning and unique features or events." That means that while simpler services may become more popular out of necessity in a major downturn, SCI can still provide those services. CVS Health (CVS)Source: Shutterstock Prior to its rally that started in early August, CVS Health (NYSE:CVS) was contrary to its name not looking healthy. At one point, CVS stock was down nearly 20% for the year. And part of the reason was the competition. With disruptive names like Amazon (NASDAQ:AMZN) or Walmart (NYSE:WMT) attempting to take more of the healthcare pie, CVS stock has historically absorbed serious pain.Fortunately, that appears to be changing. Since the beginning of August, CVS stock is up nearly 15%, completely altering the implications behind its chart. Against January's opening price, shares are just above break even. By itself, that's nothing to write home about. But considering where it was, investors will gladly take what they can. * 7 Recent IPO Stocks That Are Melting Down But a little more patience might be in order, especially if we hit a recession. Even in a downturn, people can't avoid everyday frustrations, such as getting sick. Thus, CVS enjoys secular demand, which is why you should consider it among relevant stocks to buy. Trupanion (TRUP)Source: Shutterstock If you still have a bad taste in your mouth about the funeral services stocks to buy, don't worry: these last two names will put a smile on your face.I'm going to start this duo of stocks to buy with Trupanion (NASDAQ:TRUP), a medical insurance provider for your pets. Specifically, Trupanion insures dogs and cats, but seeing as how these are the most popular pet species, this fits well for TRUP stock.Of course, we all know how expensive medical insurance for humans is. With insuring pets, it might seem overkill. However, our pets are often a huge part of our lives. Plus, an acute issue can cost thousands of dollars. In a recession, it might make sense to insure whatever you can, thus lifting the case for TRUP stock. IDEXX Laboratories (IDXX)Source: Shutterstock IDEXX Laboratories (NASDAQ:IDXX) specializes in medical diagnostic equipment for pets. Up until a recent decline, business has been good for IDXX stock. Even with the drop in market value, shares are up nearly 47%.And against a longer-term framework, you might want to consider adding IDXX to your list of potential stocks to buy. For one thing, Americans love their furry friends. According to the American Pet Products Association, nearly 70% of U.S. households own a pet. Moreover, millennials will spend more on their pets' healthcare than on their own health-related needs. * 10 Battered Tech Stocks to Buy Now Yes, that sounds crazy, but it also underlines the bullish narrative for IDXX stock. Plus, our four-legged family members offer us humans a number of therapeutic benefits. These factors will especially be important if we incur an economic downturn.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post 10 Recession-Resistant Services Stocks to Buy appeared first on InvestorPlace.
- American City Business Journals
Henry Bloch's Mission Hills estate goes up for sale [PHOTOS]
This Mission Hills mansion at 6400 Wenonga Terrace, previously owned by H&R; Block co-founder Henry Bloch, is listed for sale at $4.6 million. Take a look at about a dozen photos of the nearly 2-acre property and 7,472-square-foot home, which Bloch lived in for more than 50 years.
- Thomson Reuters StreetEvents
Edited Transcript of HRB earnings conference call or presentation 28-Aug-19 8:30pm GMT
Q1 2020 H & R Block Inc Earnings Call
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H&R Block, Inc. (NYSE:HRB) Pays A 1.1% In Just 3
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Here's Why Investors Should Retain H&R Block (HRB) Stock Now
Growth in tax business and contribution from the acquisition of Wave Financial benefit H&R Block's (HRB) top line.
- Motley Fool
Why Ollie's Bargain Outlet Holdings, Abercrombie & Fitch, and H&R Block Slumped Today
Despite higher markets, earnings were these stocks' downfall.
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H&R Block's (HRB) Q1 Loss Flat Y/Y, Revenues Miss Estimates
H&R Block (HRB) incurs loss in the first quarter of fiscal year due to seasonality of its tax business.
Motley FoolH&R Block, Inc. (HRB) Q1 2020 Earnings Call Transcript
HRB earnings call for the period ending July 31, 2019.
- Zacks
H&R Block (HRB) Reports Q1 Loss, Misses Revenue Estimates
H&R Block (HRB) delivered earnings and revenue surprises of 5.26% and -1.21%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
H&R Block Announces Fiscal 2020 First Quarter Results
KANSAS CITY, Mo., Aug. 28, 2019 -- H&R Block, Inc. (NYSE: HRB) today released its financial results for the fiscal 2020 first quarter ended July 31, 2019. The company.
- TheStreet.com
[video]H&R Block Posts Fiscal First-Quarter Results In Line With Estimates
H&R Block shares were gently lower after hours Wednesday after the tax-services provider reported a fiscal first-quarter loss in line with analysts' estimates. Shares outstanding fell 2.7% to 202 million. H&R Block noted that a first-quarter loss is routine since the company's business is seasonal.
- Benzinga
Q1 Earnings Preview For H&R Block
On Wednesday, August 28, H&R Block (NYSE: HRB ) will release its latest earnings report. Benzinga's outlook for H&R Block is included in the following report. Earnings and Revenue Wall Street expects an ...
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Introducing H&R Block (NYSE:HRB), The Stock That Dropped 20% In The Last Five Years
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Federal Reserve's Barkin, Daly set to speak – What to know in markets Wednesday
Public remarks from two regional Federal Reserve speakers will punctuate an otherwise light day for new economic data and corporate earnings releases on Wednesday.
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H&R Block (HRB) to Post Q1 Earnings: What's in the Offing?
H&R Block's (HRB) first-quarter fiscal 2020 revenues to benefit from the Wave Financial acquisition.
- GlobeNewswire
H&R Block Announces Quarterly Cash Dividend
KANSAS CITY, Mo., Aug. 22, 2019 -- H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 26 cents per share, payable.
- Zacks
Analysts Estimate H&R Block (HRB) to Report a Decline in Earnings: What to Look Out for
H&R Block (HRB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- GuruFocus.com
Mario Gabelli's Gabelli Value 25 Fund 2nd Quarter Commentary
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Navigant (NCI) Surpasses Q2 Earnings and Revenue Estimates
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Avis Budget (CAR) Q2 Earnings & Revenues Surpass Estimates
Avis Budget (CAR) second-quarter 2019 revenues benefit from increase in rental days, U.S. rental car pricing and ancillary revenues.
- GlobeNewswire
H&R Block to Release Fiscal First Quarter Results August 28, 2019
KANSAS CITY, Mo., Aug. 07, 2019 -- H&R Block, Inc. (NYSE: HRB) will report fiscal 2020 first quarter results on Wednesday, August 28, 2019 after the New York Stock Exchange.
- Simply Wall St.
Are Investors Undervaluing H&R Block, Inc. (NYSE:HRB) By 26%?
How far off is H&R Block, Inc. (NYSE:HRB) from its intrinsic value? Using the most recent financial data, we'll take a...
- Zacks
Should Value Investors Buy H&R Block (HRB) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- GlobeNewswire
Americans place significant pressures on themselves to reach life milestones
Nearly 60% of Americans constantly worry about money and almost half (49%) believe that their financial struggles have prevented them from reaching life milestones as soon as they’d hoped. Most Americans (73%) say personal fulfillment motivates them to reach traditional life milestones, while 20% cite a fear of falling behind and another 15% say pressure from society serve as motivation to hit these life markers. “H&R Block has always been a trusted advisor to American taxpayers, with a deep understanding of the implications of life’s major milestones and obstacles,” said Vinoo Vijay, chief marketing officer for H&R Block.
