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H&R Block, Inc. (HRB) Hit a 52 Week High, Can the Run Continue?

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Have you been paying attention to shares of H&R Block (HRB - Free Report) ? Shares have been on the move with the stock up 31.7% over the past month. The stock hit a new 52-week high of $58.67 in the previous session. H&R Block has gained 24.3% since the start of the year compared to the -7.5% gain for the Zacks Consumer Discretionary sector and the 22.1% return for the Zacks Consumer Services - Miscellaneous industry.

What's Driving the Outperformance?

The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 11, 2026, H&R Block reported EPS of $2.38 versus consensus estimate of $2.23.

Valuation Metrics

While H&R Block has moved to its 52-week high over the past few weeks, investors need to be asking, what is next for the company? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.

On this front, we can look at the Zacks Style Scores, as they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.

H&R Block has a Value Score of A. The stock's Growth and Momentum Scores are B and B, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 9.3X current fiscal year EPS estimates, which is not in-line with the peer industry average of 23.5X. On a trailing cash flow basis, the stock currently trades at 9.5X versus its peer group's average of 7.1X. Additionally, the stock has a PEG ratio of 0.75. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making H&R Block an interesting choice for value investors.

Zacks Rank

We also need to consider the stock's Zacks Rank, as this supersedes any trend on the style score front. Fortunately, H&R Block currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.

Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if H&R Block passes the test. Thus, it seems as though H&R Block shares could still be poised for more gains ahead.

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