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

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.

On the negative front, MoneyGram International ( MGI), down 13.6%, Green Dot ( GDOT), down 8.6%, InterCloud Systems ( ICLD), down 7.2% and Acacia Research Corporation ( ACTG), down 7.0% , were all laggards within the diversified services industry with Fleetcor Technologies ( FLT) being today's diversified services industry laggard.

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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