Why H&R Block Is Poised to Pull Back
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, tax prep specialist H&R Block has received a distressing two-star ranking.
With that in mind, let's take a closer look at H&R Block, and see what CAPS investors are saying about the stock right now.
Kansas City, Mo. (1946)
CEO William Cobb (since 2011)
CFO Gregory Macfarlane (since 2012)
Return on Equity (average, past 3 years)
$418.4 million / $1.3 billion
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 34% of the 542 members who have rated H&R Block believe the stock will underperform the S&P 500 going forward.
Horrible company with a failing business model. Probably won't be getting new customers and will lose a lot of existing customers due to their famous error and essentially lying about what % of people got their returns back already. They may have to hide under TaxAct to make people forget about their stained name. Next quarter's numbers should be pretty ugly compared to normal since the glitch was heard about earlier in the tax season, so they already started bleeding customers this tax season.
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The article Why H&R Block Is Poised to Pull Back originally appeared on Fool.com.Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool recommends Intuit. The Motley Fool owns shares of Intuit. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.