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 up 0.5%. By the end of trading, H&R Block rose $0.34 (1.2%) to $28.54 on average volume. Throughout the day, 2,920,896 shares of H&R Block exchanged hands as compared to its average daily volume of 3,325,100 shares. The stock ranged in a price between $27.78-$28.58 after having opened the day at $28.10 as compared to the previous trading day's close of $28.20. Other companies within the Diversified Services industry that increased today were: China Yida ( CNYD), up 17.4%, Tarena International Inc ADR ( TEDU), up 15.1%, Mastech Holdings ( MHH), up 13.0% and ENGlobal Corporation ( ENG), up 9.9%.
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 $7.7 billion and is part of the services sector. Shares are down 2.9% year to date as of the close of trading on Thursday. 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 hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and notable return on equity. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally higher debt management risk and relatively poor performance when compared with the S&P 500 during the past year.