NASDAQ:INTU

Intuit Stock Forecast, Price & News

$385.44

-4.22 (-1.08%)

(As of 06/30/2022 05:49 PM ET)

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Today's Range: $376.18
▼
$389.58
50-Day Range: $353.31
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$447.92
52-Week Range: $339.36
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$716.86

Volume: 1.67 million shs
Average Volume: 1.98 million shs
Market Capitalization: $108.72 billion

P/E Ratio: 43.70
Dividend Yield: 0.70%
Price Target: $562.56

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INTU Stock Forecast (MarketRank)

Overall MarketRank^™

3.50 out of 5 stars

Computer And Technology Sector

11th out of 937 stocks

Prepackaged Software Industry

2nd out of 303 stocks

4.5 Analyst's Opinion

Consensus Rating
Intuit has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 21 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $562.56, Intuit has a forecasted upside of 46.0% from its current price of $385.44.
Amount of Analyst Coverage
Intuit has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.7 Community Rank

Outperform Votes
Intuit has received 1,024 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Intuit has received 422 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Intuit has received 70.82% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Intuit and other stocks. Vote “Outperform” if you believe INTU will outperform the S&P 500 over the long term. Vote “Underperform” if you believe INTU will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Yield
Intuit has a dividend yield of 0.70%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Intuit has been increasing its dividend for 11 years.
Dividend Coverage
The dividend payout ratio of Intuit is 30.84%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Intuit will have a dividend payout ratio of 28.51% next year. This indicates that Intuit will be able to sustain or increase its dividend.

2.5 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intuit insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,002,772.00 in company stock.
Percentage Held by Insiders
Only 3.27% of the stock of Intuit is held by insiders.
Percentage Held by Institutions
83.42% of the stock of Intuit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for Intuit are expected to grow by 16.06% in the coming year, from $8.22 to $9.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Intuit is 43.70, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 34.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intuit is 43.70, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 81.33.
Price to Earnings Growth Ratio
Intuit has a PEG Ratio of 3.24. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Intuit has a P/B Ratio of 10.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Intuit (NASDAQ:INTU)

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProConnect. The Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; QuickBooks Self-Employed solution; QuickBooks Commerce, a solution for product-based businesses; QuickBooks Online Accountant and QuickBooks Accountant Desktop Plus solutions; and payroll solutions, such as online payroll processing, direct deposit of employee paychecks, payroll reports, electronic payment of federal and state payroll taxes, and electronic filing of federal and state payroll tax forms. This segment also offers payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; QuickBooks Cash business bank account; and financial supplies and financing for small businesses. The Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProConnect segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

June 30, 2022 | americanbankingnews.com

Intuit Inc. (NASDAQ:INTU) EVP Sells $3,923,900.00 in Stock

June 29, 2022 | businesswire.com

Intuit QuickBooks Launches Campaign to Reach Latino-Owned Small Businesses and Help Power their Growth - Business Wire

June 28, 2022 | benzinga.com

Intuit And 4 Other Stocks Insiders Are Selling - Benzinga - Benzinga

June 27, 2022 | finance.yahoo.com

What Type Of Shareholders Own The Most Number of Intuit Inc. (NASDAQ:INTU) Shares?

June 26, 2022 | cnbc.com

Meet the architect helping tech companies like Intuit redesign offices for hybrid work - CNBC

June 26, 2022 | seekingalpha.com

Intuit: Credit Karma And Mailchimp Integration A Game Changer (NASDAQ:INTU) - Seeking Alpha

June 25, 2022 | businesswire.com

INTUIT ALERT: Bragar Eagel & Squire, P.C. is Investigating Intuit, Inc. on Behalf of Intuit Stockholders and Encourages Investors to Contact the Firm - Business Wire

June 25, 2022 | benzinga.com

INTUIT ALERT: Bragar Eagel & Squire, P.C. is Investigating Intuit, Inc. on Behalf of Intuit Stockholders - Benzinga

June 24, 2022 | globenewswire.com

(INTU): Johnson Fistel, World-Renowned Law Firm, Investigates Intuit Following FTC Lawsuit - GlobeNewswire

June 24, 2022 | businesswire.com

INTUIT INC. INVESTIGATION REMINDER: Scott+Scott Attorneys at Law LLP Continues to Investigate Intuit Inc.'s Directors and Officers for Breach of Fiduciary Duties – INTU - Business Wire

June 23, 2022 | benzinga.com

Intuit's Return On Capital Employed Insights - Benzinga - Benzinga

June 23, 2022 | finance.yahoo.com

Intuit (INTU) Down 2% Since Last Earnings Report: Can It Rebound?

June 21, 2022 | streetinsider.com

Mizuho Securities Reiterates Buy Rating on Intuit (INTU) on QuickBook Online Price Hike - StreetInsider.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: Application Software
Sector: Computer and Technology
Current Symbol: NASDAQ:INTU
CUSIP: 46120210
CIK: 896878
Web: www.intuit.com
Phone: (650) 944-6000
Fax: 650-462-2955
Employees: 13,500
Year Founded: 1983

Company Calendar

Ex-Dividend for 4/18 Dividend: 4/08/2022
Dividend Payable: 4/18/2022
Last Earnings: 5/24/2022
Today: 6/30/2022
Ex-Dividend for 7/18 Dividend: 7/08/2022
Dividend Payable: 7/18/2022
Fiscal Year End: 7/31/2022
Next Earnings (Estimated): 8/23/2022

Price Target and Rating

Average Stock Price Forecast: $562.56
High Stock Price Forecast: $700.00
Low Stock Price Forecast: $465.00
Forecasted Upside/Downside: +46.0%
Consensus Rating: Buy
Rating Score (0-4): 3
Research Coverage: 21 Analysts

Profitability

EPS (Most Recent Fiscal Year): $8.82
Trailing P/E Ratio: 43.70
Forward P/E Ratio: 46.89
P/E Growth: 3.24
Net Income: $2.06 billion
Net Margins: 19.44%
Pretax Margin: 23.65%
Return on Equity: 20.77%
Return on Assets: 12.72%

Debt

Debt-to-Equity Ratio: 0.40
Current Ratio: 1.63
Quick Ratio: 1.63

Sales & Book Value

Annual Sales: $9.63 billion
Price / Sales: 11.29
Cash Flow: $8.19 per share
Price / Cash Flow: 47.06
Book Value: $36.12 per share
Price / Book: 10.67

Miscellaneous

Outstanding Shares: 282,077,000
Free Float: 272,853,000
Market Cap: $108.72 billion
Optionable: Optionable
Beta: 1.15

Social Links

Intuit Frequently Asked Questions

Should I buy or sell Intuit stock right now?: 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last twelve months. There are currently 21 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Intuit stock.
View analyst ratings for Intuit or view top-rated stocks.
What is Intuit's stock price forecast for 2022?: 21 Wall Street research analysts have issued 1-year price objectives for Intuit's shares. Their INTU stock forecasts range from $465.00 to $700.00. On average, they anticipate Intuit's stock price to reach $562.56 in the next year. This suggests a possible upside of 46.0% from the stock's current price.
View analysts' price targets for Intuit or view top-rated stocks among Wall Street analysts.
How has Intuit's stock performed in 2022?: Intuit's stock was trading at $643.22 on January 1st, 2022. Since then, INTU shares have decreased by 40.1% and is now trading at $385.44.
View the best growth stocks for 2022 here.
When is Intuit's next earnings date?: Intuit is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022.
View our earnings forecast for Intuit.
How were Intuit's earnings last quarter?: Intuit Inc. (NASDAQ:INTU) issued its quarterly earnings data on Tuesday, May, 24th. The software maker reported $7.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $7.58 by $0.07. The software maker had revenue of $5.63 billion for the quarter, compared to the consensus estimate of $5.51 billion. Intuit had a net margin of 19.44% and a trailing twelve-month return on equity of 20.77%. The company's quarterly revenue was up 35.0% on a year-over-year basis. During the same period in the previous year, the firm posted $5.45 EPS.
View Intuit's earnings history.
How often does Intuit pay dividends? What is the dividend yield for Intuit?: Intuit declared a quarterly dividend on Thursday, May 26th. Shareholders of record on Monday, July 11th will be paid a dividend of $0.68 per share on Monday, July 18th. This represents a $2.72 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Friday, July 8th.
View Intuit's dividend history.
Is Intuit a good dividend stock?: Intuit(NASDAQ:INTU) pays an annual dividend of $2.72 per share and currently has a dividend yield of 0.70%. Intuit has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Intuit is 30.84%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Intuit will have a dividend payout ratio of 28.51% next year. This indicates that Intuit will be able to sustain or increase its dividend.
View Intuit's dividend history.
What guidance has Intuit issued on next quarter's earnings?: Intuit updated its FY 2022 earnings guidance on Tuesday, June, 21st. The company provided earnings per share (EPS) guidance of $11.68-$11.74 for the period, compared to the consensus EPS estimate of $11.66. The company issued revenue guidance of $12.63 billion-$12.67 billion, compared to the consensus revenue estimate of $12.32 billion.
Who are Intuit's key executives?: Intuit's management team includes the following people:
Mr. Sasan K. Goodarzi, CEO, Pres & Director (Age 54, Pay $3.2M) (LinkedIn Profile)
Mr. Scott D. Cook, Founder & Director (Age 70, Pay $1.38M) (LinkedIn Profile)
Ms. Michelle M. Clatterbuck, Exec. VP & CFO (Age 54, Pay $1.59M) (LinkedIn Profile)
Ms. Marianna Tessel, Exec. VP & Chief Technology Officer (Age 54, Pay $1.59M)
Mr. James Alexander Chriss, Exec. VP and GM of Small Bus. & Self Employed Group (Age 45, Pay $1.59M) (LinkedIn Profile)
Mr. Sheldon Cummings, VP of Sales, Strategy, Operations, Marketing & Partnerships
Ms. Lauren D. Hotz, VP & Chief Accounting Officer (Age 46)
Ms. Kimberly Anderson Watkins CFA, VP of Investor Relations
Ms. Kerry J. McLean, Exec. VP, Gen. Counsel & Corp. Sec. (Age 58) (LinkedIn Profile)
Mr. Anton Hanebrink, Exec. VP and Chief Corp. Strategy & Devel. Officer

What is Sasan Goodarzi's approval rating as Intuit's CEO?: 785 employees have rated Intuit CEO Sasan Goodarzi on Glassdoor.com. Sasan Goodarzi has an approval rating of 92% among Intuit's employees. This puts Sasan Goodarzi in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of Intuit's key competitors?: Some companies that are related to Intuit include Adobe (ADBE), Salesforce (CRM), Synopsys (SNPS), Cadence Design Systems (CDNS), Autodesk (ADSK), Workday (WDAY), ANSYS (ANSS), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Splunk (SPLK), Tyler Technologies (TYL), Citrix Systems (CTXS), Aspen Technology (AZPN), Fair Isaac (FICO) and Manhattan Associates (MANH).
View all of INTU's competitors.
What other stocks do shareholders of Intuit own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Intuit investors own include NVIDIA (NVDA), Netflix (NFLX), Adobe (ADBE), PayPal (PYPL), Salesforce (CRM), Alibaba Group (BABA), Walt Disney (DIS), Mastercard (MA), Visa (V) and Tesla (TSLA).
What is Intuit's stock symbol?: Intuit trades on the NASDAQ under the ticker symbol "INTU."
How do I buy shares of Intuit?: Shares of INTU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Intuit's stock price today?: One share of INTU stock can currently be purchased for approximately $385.44.
How much money does Intuit make?: Intuit (NASDAQ:INTU) has a market capitalization of $108.72 billion and generates $9.63 billion in revenue each year. The software maker earns $2.06 billion in net income (profit) each year or $8.82 on an earnings per share basis.
How many employees does Intuit have?: Intuit employs 13,500 workers across the globe.
Does Intuit have any subsidiaries?: The following companies are subsidiares of Intuit: Acrede HR & Payroll Solutions, AisleBuyer, Applatix, Applatix Inc., Blue Ocean Software, BooRah, CBS Employer Services Inc., Chrono LLC, ChronoBooks, Computing Resources Inc., Credit Karma, Dallas Innovative Merchant Solutions LLC, Demandforce, Digital Insight, Docstoc, Elastic Intelligence, Electronic Clearing House LLC., EmployeeMatters Insurance Agency Inc., Exactor, Exactor (Canada) Inc., Exactor Inc., Full Slate, GoodApril, Halo Merger Sub I Inc., Halo Merger Sub II LLC, Homestead Technologies, IFI Borrower SPV I LLC, Intuit (Check) Software Ltd., Intuit Australia Pty Limited, Intuit Brasil Servicos de Informatica Ltda., Intuit Canada Tax ULC, Intuit Canada ULC, Intuit Consumer Group LLC., Intuit Distribution Inc., Intuit Do-It-Yourself Payroll, Intuit Financing Inc., Intuit France SAS, Intuit Holding Ltd, Intuit India Product Development Centre Private Ltd., Intuit India Software Solutions Private Limited, Intuit India Technology and Services LLP, Intuit Insurance Services Inc., Intuit Limited, Intuit Mint Bills Inc., Intuit Mint Bills Payments Inc., Intuit Mortgage Inc., Intuit Payment Solutions LLC, Intuit Payments Inc., Intuit Payroll Holding LLC, Intuit Payroll Services LLC, Intuit Quickbooks Mexico Sociedad de Responsabilidad Limitada de Capital Variable, Intuit Sales Tax LLC, Intuit Singapore Pte. Limited, Intuit TT Offerings Inc., Lacerte Software Corporation, Lettuce, Level Up Analytics, Level Up Analytics GmbH, Lion’s Partners LLC, MINT, MTS Global (Europe) Limited, MedFusion, Mint Bills, Mint Software Inc., MyCorporation, Origami Logic, Origami Logic (Thailand) Co. Ltd, Origami Logic Inc., Origami Logic Ltd., PayCycle, PayCycle Inc., PaySuite, Payroll Solution Inc., Payvment, Playbook HR, Porticor Cloud Security, Quincy Data Center LLC, Squire Inc., StepUp, T-Jar Inc., TSheets Holdco Inc., TSheets.com LLC, Tradegecko, Tsheets, Zeropaper, and itDuzzit.
Read More
When was Intuit founded?: Intuit was founded in 1983.
How can I contact Intuit?: Intuit's mailing address is 2700 COAST AVENUE, MOUNTAIN VIEW CA, 94039. The official website for Intuit is www.intuit.com. The software maker can be reached via phone at (650) 944-6000, via email at [email protected], or via fax at 650-462-2955.

This page (NASDAQ:INTU) was last updated on 7/1/2022 by MarketBeat.com Staff

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Intuit Stock Forecast, Price & News

Receive INTU Stock News and Ratings via Email

INTU Stock Forecast (MarketRank)

Overall MarketRank™

4.5 Analyst's Opinion

4.7 Community Rank

Outperform Votes

Underperform Votes

Community Sentiment

3.3 Dividend Strength

2.5 Company Ownership

2.5 Earnings and Valuation

About Intuit (NASDAQ:INTU)

INTU Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Intuit Frequently Asked Questions

Should I buy or sell Intuit stock right now?

What is Intuit's stock price forecast for 2022?

How has Intuit's stock performed in 2022?

When is Intuit's next earnings date?

How were Intuit's earnings last quarter?

How often does Intuit pay dividends? What is the dividend yield for Intuit?

Is Intuit a good dividend stock?

What guidance has Intuit issued on next quarter's earnings?

Who are Intuit's key executives?

What is Sasan Goodarzi's approval rating as Intuit's CEO?

Who are some of Intuit's key competitors?

What other stocks do shareholders of Intuit own?

What is Intuit's stock symbol?

How do I buy shares of Intuit?

What is Intuit's stock price today?

How much money does Intuit make?

How many employees does Intuit have?

Does Intuit have any subsidiaries?

When was Intuit founded?

How can I contact Intuit?

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