Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.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 down 1.6%. By the end of trading, H&R Block rose $1.19 (4.2%) to $29.27 on heavy volume. Throughout the day, 4,637,319 shares of H&R Block exchanged hands as compared to its average daily volume of 2,207,000 shares. The stock ranged in a price between $28.19-$29.50 after having opened the day at $28.20 as compared to the previous trading day's close of $28.08. Other companies within the Diversified Services industry that increased today were: Spar Group ( SGRP), up 8.6%, Hill International ( HIL), up 6.1%, Napco Security Systems ( NSSC), up 4.6% and RLJ Entertainment ( RLJE), up 4.0%.
H&R Block, Inc., through its subsidiaries, provides tax preparation and related services to the general public in the United States, Canada, and Australia. H&R Block has a market cap of $7.9 billion and is part of the services sector. The company has a P/E ratio of 17.5, below the S&P 500 P/E ratio of 17.7. Shares are down 3.3% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate H&R Block a buy, no analysts rate it a sell, and none rate it a hold. TheStreet Ratings rates H&R Block as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.