267.07 +1.39 (0.52%)
Pre-Market: 7:36AM EDT
|Bid||0.00 x 1000|
|Ask||271.12 x 800|
|Day's Range||262.02 - 266.40|
|52 Week Range||174.36 - 272.14|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||55.86|
|Forward Dividend & Yield||1.88 (0.72%)|
|1y Target Est||N/A|
Today we are going to look at Intuit Inc. (NASDAQ:INTU) to see whether it might be an attractive investment prospect. To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of th...
Software stocks are soaring, with a focus on cloud computing. Progress Software Corp. and Intuit Inc. are two companies that have achieved impressive year-to-date growth of over 25%. Progress Software Corp. (PRGS) stock is up over 26% year to date to around $44.80.
If you add up the value of the companies whose leaders Campbell worked with — who also include Apple Inc. co-founder Steve Jobs, Google co-founders Larry Page and Sergey Brin, and Amazon.com founder Jeff Bezos — it would total more than $1 trillion.
Zacks.com featured highlights include: Columbia Sportswear, Molina Healthcare, Acacia and Intuit
Investors should reposition their portfolio for more exposure to the growth space to obtain a nice momentum play. For them, we have presented five ETFs and stocks that are ready to bloom this spring.
As many Americans scramble to file their taxes by Monday’s deadline, Sen. Elizabeth Warren and other Democratic lawmakers are backing a bill that they say would make the process easier.
You know it's tax season when H&R Block (NYSE:HRB) releases data about taxes: information like how much we've paid, and how big a refund we got. Tax season is H&R Block's Super Bowl. The problem is that the company has a Super Bowl every year and yet it's failed to do what's necessary to move HRB stock higher.Source: Mike Mozart via FlickrIs this year different? Is there anything in the company's playbook that is a catalyst for growth, something that investors can sink their teeth?I highly doubt it.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Lousy HRB Stock PerformanceIf you invested $10,000 in HRB stock in April 2014, you would have a profit before tax of somewhere around $700. If you invested $10,000 in Intuit (NASDAQ:INTU) over the same period, your profit would be more than $26,000. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? That's a staggering comparison.The last time I wrote about H&R Block stock was 2012. Back then, HRB was growing its digital business and threatening to put the fear of God in its online competitor. The company was in a transition. Its stock was trading, adjusted for dividends, around $11.83. Today, it's over $25.I suggested that the core business was stronger than most investors realized and were undervaluing its strong brand.Let's fast forward to the present and take a look at its current business. One More Quarter to GoH&R Block doesn't report its fourth-quarter earnings until June 10. That includes February, March and April -- the critical months leading up to the April 15 tax deadline.So, I'll make do with the Q3 2019 results.The company's biggest revenue generator is its U.S. assisted tax preparation. That brought in $329.6 million through the nine months of the fiscal year, 1.3% less than a year earlier. Overall, H&R Block's revenue fell 0.6% through nine months, to $762.4 million.It has ten revenue streams including the assisted tax preparation. One positive is the revenue growth from Tax Identity Shield, a service that protects you from tax-related identity fraud. It's up 141% year-over-year. Unfortunately, it only accounts for 2.3% of the company's overall revenue.The company's U.S. DIY tax preparation, which competes with Intuit, had $37.7 million in revenue through the third quarter. This was 3% lower than a year earlier. Representing less than 5% of H&R Block's overall revenue, the DIY segment will take 100 years to make a meaningful contribution to the company's top line.However, it's important to note that a majority of its revenue and profits comes in Q4. So how much progress has it made since 2012?During that year, H&R Block prepared 7.4 million digital tax returns. In fiscal 2018, it prepared 7.5 million digital tax returns. This was slightly better than 2012's tally, but 7.8% higher than 2017 results.In other words, it's holding its own, if not growing. The Bottom Line on HRB StockThe good news if you're an HRB shareholder is that the company has paid quarterly dividends since the day it went public in 1962. Currently paying $1 in dividends on an annualized basis, it yields a robust 3.9%.My InvestorPlace colleague Josh Enomoto likes this service stock because it's something we all need to do once a year. Given a move toward more independent contractors, the demand for tax help is likely going to increase.I don't disagree with that.However, the fintech movement continuously develops exciting apps that nibble away at the company's once-dominant position in the tax industry.HRB has done an excellent job pushing more to the bottom line. In FY 2018, the company generated $2.91 a share from $3.2 billion in revenue. That compares favorably from a decade ago, when H&R Block managed only $1.45 a share from $4.1 billion in sales. Still, it just doesn't seem to have any catalysts to deliver consistent, double-digit sales growth.And herein lies the problem.Equity investing is not just about the dividend. You also need some capital appreciation to meet your total return target each year. On that front, HRB stock has been woefully inadequate.If you're an income investor and believe the security of the business and dividend is worth it, I don't see a problem owning its stock.Just don't expect to get rich off it. That's not happening until management finds a growth engine.At the time of this writing, Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post April 15 Is H&R Blockas Super Bowl, But Is HRB Stock a Buy? appeared first on InvestorPlace.
On this week's segment we call “Family First” for YFi PM, we round-up taxes, cheap airfare, and a new warning for parents.
Cloud computing's crucial role in improving business productivity and profitability makes it a leading space for growth and substantial investments.
QuickBooks and Quicken are two of the most widely used financial management tools in the world—here's how to determine which one is right for your needs.
The S&P 500 stalled near 2019 highs ahead of earnings season as companies that buy back shares and NASDAQ tech stocks continue to soar.
Tax preparation and accounting software maker Intuit on Thursday received a bullish report from a Wall Street analyst ahead of Monday's federal tax-filing deadline. Intuit makes TurboTax.
President Trump slams Senator Bernie Sanders’ tax returns on Twitter. This coming as tax season brings more complications for some filers. Yahoo Finance’s Zack Guzman and Sibile Marcellus are joined by Brendan Kane, ‘One Million Followers’ author, and Mattie Duppler, Senior Fellow at the National Taxpayers Union, to discuss.
Residents of some states might feel the pain of tax season more than others. Wallethub is out with a study ranking the best and the worst states for taxpayers, using metrics including income, sales, property, and vehicle taxes. Yahoo Finance’s Melody Hahm, Heidi Chung, and Kristin Myers discuss how where you live could affect how much you owe.