|Bid||0.00 x 800|
|Ask||40.00 x 4000|
|Day's Range||24.19 - 24.52|
|52 Week Range||22.45 - 29.81|
|Beta (3Y Monthly)||-0.13|
|PE Ratio (TTM)||7.34|
|Earnings Date||Jun 10, 2019 - Jun 14, 2019|
|Forward Dividend & Yield||1.00 (4.11%)|
|1y Target Est||25.57|
Vinoo Vijay spent his first year as chief marketing officer taking H&R; Block on a journey of self-reflection and transformation. It's led to changes in the way the tax preparation company targets consumers.
Without having reached a full quarter for the new year, the markets have already flashed frustrating signals. Unfortunately, a promising start stalled early. Since late February, the Dow Jones is still down in negative territory. But despite these challenges, services stocks present a viable opportunity.The most obvious tailwind is that American society mostly transitioned to a service-based economy. According to the International Trade Administration, 80% of private-sector jobs are levered to the service industry. More critically, we're really good at what we do.For the past year, President Donald Trump complained bitterly about trade-imbalances with other nations, particularly China. However, the Trump administration never says a word about the services trade, where we enjoy a robust surplus. Naturally, this dynamic boosts the case for services stocks.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnother favorable factor is that several publicly traded companies in this sector are also dividend stocks. During uncertain phases, these passive-income generating names provide practically-guaranteed returns. Additionally, dividend-payers tend to perform better during bear markets. * 7 Small-Cap Stocks That Make the Grade Finally, the service sector covers a wide range of opportunities. From retail to entertainment to communications, you'll have no shortage of options. Here are seven services stocks that will generate consistent, passive income for your portfolio: United Parcel Service (UPS)Source: Shutterstock Few service-based companies offer as much upside potential as e-commerce firms. However, popular names like Amazon (NASDAQ:AMZN) are not dividend stocks, but rather, operate purely on a capital-gains basis. So the next best thing is the transportation middleman, namely United Parcel Service (NYSE:UPS).Of course, the immediate criticism is that Amazon's venture into in-house product mailing solutions will completely disrupt UPS stock. Certainly, the situation looks bad for the courier. However, UPS responded with their own e-fulfillment service, and it has more credibility than Amazon can dream about.While I respect the e-commerce giant, UPS has an established transportation network. In terms of scales of economy, UPS stock easily wins out. Plus, the company pays out a generous dividend yield at 3.5%. You're just not going to get that with most services stocks levered purely to e-commerce. Penske Automotive Group (PAG)Source: Shutterstock With the advent and later dominance of ride-sharing apps like Uber and Lyft, the concept of buying cars is steadily becoming archaic. In my first-ever Uber ride, my driver told me his personal forecast: people will stop purchasing cars and transition to ride-sharing full-time.If such a prediction comes true, services stocks like Penske Automotive Group (NYSE:PAG) would simply implode. Although I'm not going to necessarily disagree with my driver -- gotta keep my five-star rating! -- the automotive still breathes.One of the main factors keeping PAG stock in the running is practicality. Sure, ride-sharing apps have added options to the mix. However, nothing beats the convenience and cost-savings of driving yourself to your desired destination. * 7 Single-Digit P/E Stocks With Massive Upside With Penske's massive dealership network, they consolidate whatever sales opportunities exist, eating alive the small guys. This stinks if you're on the receiving end of this tactic. However, for stakeholders in PAG stock, they're not complaining, especially because of its 3.6% yield. H&R Block (HRB)Source: Mike Mozart via FlickrAll services stocks provide important, and often necessary functions to society. However, no one has such an extreme love-hate dynamic like H&R Block (NYSE:HRB). Tax season is always a difficult time for families this time of year. Even if you're due for a refund, you don't like the paperwork involved.Of course, HRB stock makes a case for itself by alleviating this pressure for many families. This year, and moving forward, H&R Block presents an even more valuable service. That's because several taxpayers complained about the complexities and the surprise tax hit they incurred due to new laws.Moreover, the "gig economy" reshaped the labor force, with many (usually young) workers eschewing the corporate ladder for professional autonomy. Usually, though, this implies that these workers are independent contractors, which is a much more complicated tax process than being a run-of-the-mill employee.As such, you can expect HRB stock to significantly rise higher. And if not, the company is among the higher-paying dividend stocks, with a 4.1% yield. Verizon (VZ)Source: Shutterstock I'm usually not into dividend stocks as they don't fit my risk-taking personality. However, I recently took a shot with AT&T (NYSE:T). To summarize my bullish case for the telecom giant, I only need one "word," which obviously is 5G.However, AT&T isn't the only name among services stocks to benefit from the next-generation in wireless technology. Rival Verizon Communications (NYSE:VZ) offers similar fundamental upside. In fact, Verizon won a critical PR victory, becoming the first commercial 5G provider. But other reasons exist why you should consider VZ stock.While I'm partial to AT&T as an investment, the company has leveraged itself with aggressive acquisitions. If they don't pan out, T shares will have serious problems. True, VZ stock isn't perfect in this department, but it's more stable than its core competitor. * 5 Artificial Intelligence Stocks to Consider For this stability, you're not missing out that much in terms of passive income. Currently, Verizon offers a generous 4.1% dividend yield. BG Staffing (BGSF)Source: Flazingo Photos Via FlickrBack during the "analog" days, services stocks in the staff-sourcing industry had substantial relevancy. Primarily, organizations like BG Staffing (NYSEAMERICAN:BGSF) provided a useful platform for young workers to get their first professional job. Also, they helped get transitioning workers back on their feet.But with the rise of digitalization, along with social media outlets like Facebook (NASDAQ:FB), BGSF stock appears anachronistic. Often times, it's not about what you know, but who you know. Recent technologies have only made this adage frustratingly accurate, depending on your perspective.Still, I like BGSF stock and its chances to work its way out of its long-term funk. As I mentioned with H&R Block, BG Staffing benefits from the autonomous gig economy. Due to various factors such as changing employment dynamics, millennials won't typically stay at one job indefinitely.Admittedly, you'll probably need patience with BGSF stock. But while you're waiting, it's one of the highest-paying dividend stocks, featuring a 5% yield. Six Flags Entertainment (SIX)Source: Jeremy Thompson via FlickrMany investors have the mistaken impression that services stocks are boring; indeed, the name itself doesn't generate much excitement. However, this sector doesn't have to induce you into a coma, as renowned theme park Six Flags Entertainment (NYSE:SIX) proves.Famous (or notorious) for its stomach-churning rides, SIX stock has generated long-term gains since its initial public offering. Unfortunately, recent market sessions have offered the same diabolical sensations as you would get riding the theme park's "Full Throttle."Much of the volatility stems from SIX stock not recovering from its fourth-quarter 2018 earnings report. Although the company handily beat expectations for earnings per share, revenues disappointed against expectations. Six Flags delayed opening new locations in China due to its slowing economy. * 5 Chip Stocks to Watch Next Week However, don't forget that revenues have consistently increased over the years. Furthermore, a possible trade deal between the U.S. and China would skyrocket SIX stock. Because of the risks involved, the company pays out a 6.4% dividend yield. National CineMedia (NCMI)Source: ATLAS Social Media via FlickrI concede that National CineMedia (NASDAQ:NCMI) is a tough pill to swallow. The broader market downturn has disproportionately impacted services stocks related to the cineplex industry. Since the beginning of October, NCMI stock has dropped over 26%.Given the popularity of streaming-entertainment firms like Netflix (NASDAQ:NFLX), National CineMedia seemingly has no chance. However, I'd advise against knee-jerk reactions when assessing NCMI stock. The box office, though a legacy institution, remains very much relevant in the 21st century.How, you may ask? Simply, cineplex operators provide a social experience that streaming-related services stocks cannot. In dying shopping malls, astute developers refocused their efforts to provide event-based attractions for family-oriented Hispanic communities, to resounding successes. Against a comparable backdrop, NCMI stock may receive a similar lift.If nothing else, National CineMedia is one of the most generous, legitimate dividend stocks. With a yield of 9.4%, it's a risky but incredibly attractive proposition.As of this writing, Josh Enomoto was long AT&T stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today Compare Brokers The post Top 7 Service Sector Stocks That Will Pay You to Own Them appeared first on InvestorPlace.
We’re barrelling toward the April 15 tax filing deadline, and if you’re rushing to meet it but don’t think you can get your taxes done in time, you can relax a bit -- and still hit the snooze button.
Should you use TurboTax? Should you take your taxes in to H&R Block? TurboTax offer free filing options for taxpayers who don't itemize their taxes, but only H&R Block's software incorporates the full 1040 form.
If you were counting on your tax refund to start your emergency savings account but ended up not getting anything back, there are still options.
H & R Block Inc NYSE:HRBView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is high Bearish sentimentShort interest | NegativeShort interest is high for HRB with between 15 and 20% of shares on loan. This means that investors who seek to profit from falling equity prices are currently targeting HRB. However, the last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold HRB had net inflows of $2.95 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Services sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator. HRB credit default swap spreads are near the lowest level of the last three years and indicate the market's continued positive perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Filing a tax return isn’t optional for most Americans, but H&R Block (HRB) offers many options for consumers wanting to take charge of their tax prep, offering online filing and desktop tax software products. “Confident taxpayers who want the most value and to control the entire tax prep process are more likely to seek DIY options,” said Heather Watts, senior vice president and general manager of digital at H&R Block. The two categories are online and desktop software, which provide similar features and options at a great value.
Kwame Matthews has been preparing tax returns for six years and estimates he's seen more than 500 clients. Here's how the H&R Block office manager spends his long days during tax season.
When it comes to preparing your taxes, there are often many tough decisions to make. Should I take a deduction? Does a credit apply? How can I find ways to boost my refund? Oh, and before having to do any of this, you need to answer this: Should I use a tax professional or should I file my own taxes? Well, as should be no surprise, there is no clear-cut answer.Source: Shutterstock But it's worth noting that tax software -- say from the main providers like Intuit's (NASDAQ:INTU) TurboTax, TaxSlayer and TaxAct -- is quite sophisticated. So when you're wondering if you should file your own taxes, know that tax software can handle most tax scenarios. These software offerings also have free versions. And even when there is a fee, it is usually reasonable -- say under $100. Some of the software providers also have access to tax experts, who can answer questions and guide you through the tax preparation process. For example, TurboTax Live has real-time video that appears within the tax software. There is even the option for line-to-line review of your return. * 5 Reasons Stocks Are Falling Right Now Now when it comes to using tax software, the main considerations are your comfort level with doing taxes and your need for getting advice on planning. Let's face it, preparing taxes is time-consuming. The IRS estimates that the average is about 16 hours per return.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMany people just don't want to deal with the aggravation. This year's tax season is also likely to add to this. This is the first year where you will need to deal with the many changes from the tax reform bill. Even if you are comfortable with doing your taxes, it still may be a good idea to get advice from a tax professional.The tax reform bill has made some of the following changes: * There are new reporting requirements for charitable contributions. * The personal exemption has been eliminated. * You can deduct only up to $10,000 for property and state income taxes. * The child tax credit has been increased. * If you recently got a divorce, you will not be able to deduct alimony. * There have been substantial increases in the standard deduction.All these present interesting options for planning -- which could have a big impact on your taxes. What's more, a tax professional can also review your prior tax returns. This may uncover missed deductions and credits that you may be able to get a refund for. Hiring a Tax ProfessionalWhen it comes to having someone prepare your taxes, there are various options. One is to go to a major tax chain like H&R Block (NYSE:HRB), Liberty Tax and Jackson Hewitt. These companies have the benefit of substantial resources, which can mean better training and access to more services like loans.But seeking help from a local tax firm can be good as well. You may get more personal service and attention. And the fees could be lower.However, it's a good idea to do some research, such as by searching the web for any reviews. You should also see if a tax professional has a credential (note that the IRS does not require that a tax preparer be certified). The main ones include: CPA (Certified Public Accountant) and EA (Enrolled Agent). Both require intensive exams and continuing education requirements.A good way to find a tax pro is to use the Find An EA service, which you can find here.Finally, you may be eligible for free tax preparation services. One is the Volunteer Income Tax Assistance (VITA) program that is for those who make $55,000 or lower. For this program, you can get the help from IRS-certified volunteers. You can find more about this here. * 5 Airline Stocks In Serious Trouble AARP also has its own program, called Tax-Aide, which is for those 50 and older and who cannot afford tax preparation services. This service is available across more than 5,000 locations across the US.Tom Taulli is an Enrolled Agent and also operates PathwayTax.com, which is a tax advisory and preparation firm. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks Already Rewarding Shareholders In 2019 * The 10 Best-Performing ETFs This Year * 7 Stocks That Should Be Worried About a Data Dividend Compare Brokers The post Should I File My Own Taxes or Hire a Tax Professional? appeared first on InvestorPlace.
The Dow Jones Industrial Average fell Thursday for a fourth straight session even after the European Central Bank said it would keep interest rates at near-record lows until at least the end of the year, effectively insuring the Federal Reserve won't tighten anytime soon. posted weaker-than-expected fourth-quarter earnings Thursday and 2019 guidance disappointed investors, sending shares sharply lower. posted fourth-quarter adjusted earnings of $2.83 a share, beating Wall Street forecasts of $2.77, but same-store sales came in below estimates.
Stocks that moved substantially or traded heavily on Thursday: Resideo Technologies Inc., down $5.79 to $18.96 The smart-home device maker beat Wall Street's fourth-quarter sales forecast, but its profit ...
H&R Block HRB – Shares rose 2.7 percent after the firm reported third-quarter revenue slightly above analyst estimates, according to FactSet, and gave a 2019 outlook that was inline with expectations. Anheuser-Busch ABI-BE – The beverage maker's stock fell 1 percent in trading after RBC Capital Markets lowered its rating on AB InBev to sector perform. Goldman Sachs raised its price target on Guidewire's stock, citing the company's increased confidence in more software deals in 2019.
fell 3.3% in premarket trading after the tax preparation company announced a fiscal third-quarter earnings miss and reiterated full-year guidance. Revenue declined 4.1% from the prior-year period of $488 due to less people using its assisted tax preparation, the company said. Earnings continued to improve due to its new corporate tax rate, but revenue growth of 6.4% in do-it-yourself returns was offset by a decline of 6.5% in assisted returns.
Shares of H&R Block Inc. dropped 1.8% in premarket trade Thursday, after the provider of tax preparation services reported a wider-than-expected loss, amid delays in tax returns filed, although revenue beat forecasts. The net loss narrowed to $126.5 million, or 62 cents a share, from $245.6 million, or $1.18 a share, in the same period a year ago, which was negatively affected by tax reform. Excluding discontinued operations, the loss per share was 58 cents. The FactSet per-share loss consensus was 55 cents. Total revenue fell to $468.4 million from $488.4 million but was above the FactSet consensus of $465.5 million. Total U.S. return volume decreased 1.2% through the end of February, as a 6.4% increase in do-it-yourself returns was offset by a 6.5% decrease in assisted returns. "The slow start to the tax season for the industry impacted the timing of our business, lowering financial results for our fiscal third quarter," said Chief Financial Officer Tony Bowen. The company affirmed its full-year outlook. The stock has tumbled 13% over the past three months through Wednesday, while the S&P 500 has gained 5.3%.
KANSAS CITY, Mo., March 07, 2019 -- H&R Block, Inc. (NYSE: HRB) today released its U.S. tax return volume through February 28, 2019 and financial results for the fiscal.
KANSAS CITY, Mo., March 06, 2019 -- H&R Block, Inc. (NYSE: HRB) today announced that its Board of Directors declared a quarterly cash dividend of 25 cents per share,.
[Editor's note: This story was originally published in January, but we've bumped it with updated information.]When it comes to the tax-return season, the biggest question is: where's my refund? The amount is often fairly sizeable and many people rely on it (last year the average refund was $2,899).Assuming you use an electronic filing, you may have to wait anywhere from two to three weeks to receive your tax refund. Yet there could be delays, such as if the return is incomplete, has errors, or has been impacted by identity theft or fraud.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo what if you file a paper return? Well, in this case, it could take six to eight weeks to get your tax refund.Now the IRS actually makes it easy to track the status of your refund. The agency has something called "Where's My Refund?" There is even a mobile app for Apple's (NASDAQ:AAPL) iOS, Alphabet's (NASDAQ:GOOGL, NASDAQ:GOOG) Android and Amazon.com's (NASDAQ:AMZN) Kindle. To see the status of your tax refund, you'll need to provide your Social Security number, filing status and the exact amount on your tax return. * 9 Trade War Stocks to Sell on U.S.-China Deal News If the app indicates "refund sent," you may still need to wait up to a week to get the payment deposited. This is because of the processing of your bank. Or, if you requested a paper check, you may have to wait another couple weeks. How the Shutdown Affected Tax ReturnsRegarding government shutdowns, the policy has been to not send out tax refunds. The reason is that these kinds of disbursements are not critical for life or preserving federal property.But, previously, the White House Office of Management and Budget (OMB) announced that the policy will not be followed. And yes, it's understandable why. Because of the large amounts involved, there could be an adverse impact on the economy.However, you should still be skeptical. It is far from clear how the logistics will work out. According to the OMB: "The IRS will be recalling a significant portion of its workforce, currently furloughed as part of the government shutdown, to work. Additional details for the IRS filing season will be included in an updated FY2019 Lapsed Appropriations Contingency Plan to be released publicly in the coming days."In other words, the details are very sketchy. Besides, it seems like morale will be low, given that these employees have not been getting a paycheck. The new tax law may mean further complications -- which could lead to delays.To put things into perspective, for the week ended Feb. 2 during the 2018 tax season, the IRS received a whopping 18.3 million tax returns. Some Options With Your Tax RefundThere is a way to get your refund quicker -- that is, to get a so-called refund advance, which often has zero interest. And yes, the major tax prep operators have their own programs like H&R Block (NYSE:HRB), Intuit's (NASDAQ:INTC) TurboTax, Jackson Hewitt and Liberty Tax.But there are some hitches. For example, you are required to purchase the tax services or preparation software of the company. Next, there are often fees for a debit card that your advance will be deposited in. There may even be finance charges if the amount exceeds a certain level. What's more, if the refund winds up being less then the loan, you could be on the hook for the difference.In other words, it's a good idea to read the fine print. Although, for the most part, a refund advance can be a good option.Tom Taulli is an Enrolled Agent and also operates PathwayTax.com, which is a tax advisory and preparation firm. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks You Can Set and Forget (Even In This Market) * 10 Virtual Assistants for the Future of Smart Homes * 7 5G Stocks to Buy as the Race for Spectrum Tightens Compare Brokers The post IRS Tax Refund 2019: So, Whereas My Tax Refund? appeared first on InvestorPlace.
President Donald Trump's tax reform plan has many tax-filers wondering how to file this year. We sat down with tax expert Kathy Pickering from H&R block to answer all your burning tax questions.
The IRS released the average tax return refund for 3/8 week-end. Yahoo Finance's Adam Shapiro, Julie Hyman, Kristin Myers and Brian Cheung join Entrepreneur Magazine Editor Jason Feifer to discuss the impact of President Trump's tax cuts.
CEO Jeff Jones also says it helps to get professional advice at one of H&R Block's 10,000 locations nationwide.