NASDAQ:INTU - Intuit Stock Price, Forecast & News

Intuit's stock was trading at $261.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, INTU shares have decreased by 8.8% and is now trading at $238.05. View which stocks have been mosted impacted by Coronavirus.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 1 sell rating, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Intuit.

Intuit is scheduled to release its next quarterly earnings announcement on Thursday, May 28th 2020. View our earnings forecast for Intuit.

Intuit Inc. (NASDAQ:INTU) released its quarterly earnings results on Monday, February, 24th. The software maker reported $1.16 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.02 by $0.14. The software maker earned $1.70 billion during the quarter, compared to analysts' expectations of $1.68 billion. Intuit had a return on equity of 41.03% and a net margin of 22.89%. The firm's quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.00 earnings per share. View Intuit's earnings history.

Intuit announced a quarterly dividend on Monday, February 24th. Stockholders of record on Monday, April 13th will be given a dividend of $0.53 per share on Monday, April 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date of this dividend is Thursday, April 9th. View Intuit's dividend history.

Intuit updated its FY20 earnings guidance on Monday, February, 24th. The company provided earnings per share guidance of $7.50-7.60 for the period, compared to the Thomson Reuters consensus estimate of $7.57. The company issued revenue guidance of $7.44-7.54 billion, compared to the consensus revenue estimate of $7.53 billion.

17 brokers have issued 1-year price targets for Intuit's stock. Their forecasts range from $249.00 to $330.00. On average, they expect Intuit's share price to reach $300.41 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View analysts' price targets for Intuit.

Media headlines about INTU stock have trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Intuit earned a news impact score of -3.7 on InfoTrie's scale. They also assigned news articles about the software maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near future. View the latest news aboutIntuit.

Intuit saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,999,700 shares, an increase of 5.3% from the February 27th total of 2,850,000 shares. Based on an average trading volume of 2,131,100 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.2% of the company's stock are sold short. View Intuit's Current Options Chain.

Some companies that are related to Intuit include Adobe (ADBE), salesforce.com (CRM), Workday (WDAY), Autodesk (ADSK), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Citrix Systems (CTXS), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO), Guidewire Software (GWRE) and Aspen Technology (AZPN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Intuit investors own include NVIDIA (NVDA), Alibaba Group (BABA), Adobe (ADBE), Netflix (NFLX), Micron Technology (MU), Walt Disney (DIS), Visa (V), salesforce.com (CRM), Paypal (PYPL) and Mastercard (MA).

Intuit trades on the NASDAQ under the ticker symbol "INTU."

Shares of INTU can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of INTU stock can currently be purchased for approximately $238.05.

Intuit has a market capitalization of $62.01 billion and generates $6.78 billion in revenue each year. The software maker earns $1.56 billion in net income (profit) each year or $5.58 on an earnings per share basis. Intuit employs 9,400 workers across the globe. View additional information about Intuit.

The official website for Intuit is http://www.intuit.com/.

Intuit's mailing address is 2700 COAST AVENUE, MOUNTAIN VIEW CA, 94039. The software maker can be reached via phone at 650-944-6000 or via email at [email protected]