H&R Block Inc (HRB): Today's Featured Diversified Services Winner

H&R Block Inc (HRB) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day down 0.8%. By the end of trading, H&R Block Inc rose 33 cents (2.1%) to $16.06 on average volume. Throughout the day, 3.2 million shares of H&R Block Inc exchanged hands as compared to its average daily volume of 3.5 million shares. The stock ranged in a price between $15.65-$16.18 after having opened the day at $15.75 as compared to the previous trading day's close of $15.73. Other companies within the Diversified Services industry that increased today were: Magal Security Systems (MAGS), up 20.4%, Kratos Defense & Security Solutions Inc (KTOS), up 20.2%, Rainmaker Systems Inc (RMKR), up 16.1%, and CIBT Education Group Inc (MBA), up 15.3%.

H&R Block, Inc., through its subsidiaries, provides tax preparation, retail banking, and various business advisory and consulting services. H&R Block Inc has a market cap of $4.64 billion and is part of the services sector. The company has a P/E ratio of 12.9, below the average diversified services industry P/E ratio of 13.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 32.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates H&R Block as a hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and disappointing return on equity.

On the negative front, General Employment (JOB), down 16.7%, Pointer Telocation (PNTR), down 15.1%, China CGame Inc (CCGM), down 13%, and Food Technology Service Inc (VIFL), down 11.8%, were all losers within the diversified services industry with Mercadolibre Inc (MELI) being today's diversified services industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services (IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers (SCC).

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