Back to top

Image: Bigstock

H&R Block, Inc.

Read MoreHide Full Article

Shares of H&R Block have underperformed the industry's growth in the past year. The company continues to face huge litigations in connection with its operating activities. The company is highly susceptible to cyber-attacks including computer viruses, malicious codes, worms, phishing attacks, social engineering, denial of service attacks and other sophisticated attacks. Going forward, the new simpler tax code and lower tax rate could hurt the company's pricing, thus its profits. Moreover, the company plans to close 400 U.S. offices, as popularity of online tools and the new tax law have made filing annual returns for Americans easier. Despite such headwinds, the company has made several enhancements to its online digital tax software to improve monetization and conversion.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

H&R Block, Inc. (HRB) - free report >>

Published in