Zacks Investment Research upgraded Liberty Tax Inc (NASDAQ:TAX) to Hold in a statement released earlier today.
- Updated: September 26, 2016
Boasting a price of $12.77, Liberty Tax Inc (NASDAQ:TAX) traded -0.47% lower on the day. With the last stock price close down -8.43% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Liberty Tax Inc has recorded a 50-day average of $13.32 and a two hundred day average of $13.95. Volume of trade was down over the average, with 47,565 shares of TAX changing hands under the typical 66,520
Zacks Investment Research has upgraded Liberty Tax Inc (NASDAQ:TAX) to Hold in a statement released on 9/27/2016.
With a total market value of $0, Liberty Tax Inc has price-earnings ratio of 9.58 with a one year low of $9.95 and a one year high of $24.22 .
A total of 2 equity analysts have released a research note on TAX. One equity analyst rating the company a strong buy, 1 brokerage rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $34.50.
General Company Details For Liberty Tax Inc (NASDAQ:TAX)
Liberty Tax, Inc. is the holding company for JTH Tax, Inc. The Company is a provider of tax preparation services. The Company provides retail federal and state income tax preparation services and related tax settlement products in the United States and Canada. The Company's tax preparation services and related tax settlement products are offered primarily through franchised locations. All of the Company's offices are operated under the Liberty Tax Service and SiempreTax+ brands. The Company also provides an online digital Do-It-Yourself (DIY) tax program in the United States. The Company offers two types of tax settlement financial products: refund transfer products, which include providing a means by which a customer receives his or her refund, and refund-based loans. The Company's LibTax software allows tax customers to have their federal and state income tax returns filed electronically.
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