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

H&R Block

(

HRB

) pushed the Diversified Services industry higher today making it today's featured diversified services winner. The industry as a whole closed the day up 1.4%. By the end of trading, H&R Block rose 58 cents (3.8%) to $15.67 on heavy volume. Throughout the day, 9.3 million shares of H&R Block exchanged hands as compared to its average daily volume of four million shares. The stock ranged in a price between $15.40-$15.99 after having opened the day at $15.61 as compared to the previous trading day's close of $15.09. Other companies within the Diversified Services industry that increased today were:

China Distance Education Holdings

(

DL

), up 16.5%,

USA Technologies

(

USAT

), up 14.5%,

UTEK

(

INV

), up 13.2%, and

American Reprographics Company

(

ARP

), up 12.6%.

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H&R Block, Inc., through its subsidiaries, provides tax preparation, retail banking, and various business advisory and consulting services. H&R Block has a market cap of $4.47 billion and is part of the

services

sector. The company has a P/E ratio of 11.4, below the average diversified services industry P/E ratio of 14.2 and below the S&P 500 P/E ratio of 17.7. Shares are down 7.6% year to date as of the close of trading on Tuesday. Currently there are two analysts that rate H&R Block a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates H&R Block as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share.

On the negative front,

Teamstaff

(

TSTF

), down 10.1%,

WidePoint Corporation

(

WYY

), down 8.1%,

Fortune Industries

(

FFI

), down 6.3%, and

VirtualScopics

(

VSCP

), down 5.4%, were all losers within the diversified services industry with

Ulta Salon Cosmetics & Fragrances

(

ULTA

) 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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