NASDAQ:INTU

Intuit Stock Forecast, Price & News

$371.01

+5.50 (+1.50 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

$363.03

Now: $371.01▼

$373.84

50-Day Range

$352.02

MA: $370.46▼

$381.16

52-Week Range

$187.68

Now: $371.01▼

$387.94

Volume1.60 million shs

Average Volume1.09 million shs

Market Capitalization$97.48 billion

P/E Ratio49.80

Dividend Yield0.65%

Beta0.99

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 three segments: Small Business & Self-Employed, Consumer, and Strategic Partner. 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; and QuickBooks Online Accountant and QuickBooks Accountant Desktop Plus solutions; 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, and ACH payment services; and financial supplies and financing for small businesses. Its Consumer segment provides TurboTax income tax preparation products and services; and personal finance. The company's Strategic Partner segment offers 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. Intuit Inc. has a collaboration agreement with Red Hat, Inc. on Argo CD, a declarative continuous delivery tool for Kubernetes deployments. The company was founded in 1983 and is headquartered in Mountain View, California.

MarketRank^™

Overall MarketRank^™

2.35 out of 5 stars

Computer And Technology Sector

15th out of 1,258 stocks

Prepackaged Software Industry

3rd out of 231 stocks

2.4 Analyst's Opinion

Consensus Rating
Intuit has received a consensus rating of Buy. The company's average rating score is 2.74, and is based on 15 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $404.21, Intuit has a forecasted upside of 8.9% from its current price of $371.01.
Amount of Analyst Coverage
Intuit has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Intuit has received 933 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Intuit has received 790 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Intuit has received 54.15% “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.

2.5 Dividend Strength

Dividend Yield
Intuit has a dividend yield of 0.65%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Intuit has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Intuit is 35.98%. 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 33.33% next year. This indicates that Intuit will be able to sustain or increase its dividend.

1.7 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 $2,166,769.00 in company stock.
Percentage Held by Insiders
Only 3.38% of the stock of Intuit is held by insiders.
Percentage Held by Institutions
84.79% 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 20.61% in the coming year, from $5.87 to $7.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Intuit is 49.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intuit is 49.80, 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 90.58.
Price to Earnings Growth Ratio
Intuit has a PEG Ratio of 4.29. 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 19.03. 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

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:INTU

Previous Symbol

CUSIP46120210

CIK896878

Webwww.intuit.com

Phone650-944-6000

Employees10,600

Debt

Debt-to-Equity Ratio0.39

Current Ratio3.09

Quick Ratio3.09

Price-To-Earnings

Trailing P/E Ratio49.80

Forward P/E Ratio63.20

P/E Growth4.29

Sales & Book Value

Annual Sales$7.68 billion

Price / Sales12.69

Cash Flow$7.57 per share

Price / Cash Flow49.02

Book Value$19.50 per share

Price / Book19.03

Profitability

EPS (Most Recent Fiscal Year)$6.56

Net Income$1.83 billion

Net Margins25.10%

Return on Equity40.29%

Return on Assets21.60%

Miscellaneous

Outstanding Shares262,750,000

Market Cap$97.48 billion

Next Earnings Date2/22/2021 (Estimated)

OptionableOptionable

$371.01

+5.50 (+1.50 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Intuit (NASDAQ:INTU) Frequently Asked Questions

How has Intuit's stock been impacted by Coronavirus?

Intuit's stock was trading at $261.12 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, INTU shares have increased by 42.1% and is now trading at $371.01.
View which stocks have been most impacted by COVID-19.

Is Intuit a buy right now?

19 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 1 sell rating, 3 hold ratings and 15 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Intuit stock.
View analyst ratings for Intuit or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Intuit?

Wall Street analysts have given Intuit a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Intuit wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Intuit's next earnings date?

Intuit is scheduled to release its next quarterly earnings announcement on Monday, February 22nd 2021.
View our earnings forecast for Intuit.

How were Intuit's earnings last quarter?

Intuit Inc. (NASDAQ:INTU) announced its quarterly earnings results on Wednesday, November, 18th. The software maker reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.90. The software maker had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.20 billion. Intuit had a net margin of 25.10% and a return on equity of 40.29%. During the same period in the previous year, the business earned $0.55 earnings per share.
View Intuit's earnings history.

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

Intuit announced a quarterly dividend on Thursday, November 19th. Investors of record on Monday, January 11th will be paid a dividend of $0.59 per share on Tuesday, January 19th. This represents a $2.36 annualized dividend and a dividend yield of 0.64%. The ex-dividend date of this dividend is Friday, January 8th.
View Intuit's dividend history.

Is Intuit a good dividend stock?

Intuit pays an annual dividend of $2.36 per share and currently has a dividend yield of 0.65%. Intuit has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Intuit is 35.98%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Intuit will have a dividend payout ratio of 33.33% 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 issued an update on its FY21 earnings guidance on Monday, December, 7th. The company provided earnings per share guidance of $8.20-8.40 for the period, compared to the Thomson Reuters consensus estimate of $8.53. The company issued revenue guidance of $8.810-8.995 billion, compared to the consensus revenue estimate of $8.35 billion.

What price target have analysts set for INTU?

19 brokers have issued 1-year target prices for Intuit's shares. Their forecasts range from $303.00 to $460.00. On average, they expect Intuit's stock price to reach $404.21 in the next twelve months. This suggests a possible upside of 8.9% from the stock's current price.
View analysts' price targets for Intuit or view Wall Street analyst' top-rated stocks.

Who are some of Intuit's key competitors?

Some companies that are related to Intuit include Adobe (ADBE), salesforce.com (CRM), Autodesk (ADSK), Workday (WDAY), Synopsys (SNPS), Cadence Design Systems (CDNS), ANSYS (ANSS), Splunk (SPLK), Tyler Technologies (TYL), SS&C Technologies (SSNC), Citrix Systems (CTXS), Fair Isaac (FICO), Nuance Communications (NUAN), FactSet Research Systems (FDS) and Pegasystems (PEGA).
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.com (CRM), Alibaba Group (BABA), The Walt Disney (DIS), Mastercard (MA), Visa (V) and Tesla (TSLA).

Who are Intuit's key executives?

Intuit's management team includes the following people:

Mr. Brad D. Smith, Exec. Chairman (Age 57, Pay $1.54M)
Mr. Sasan K. Goodarzi, CEO, Pres & Director (Age 53, Pay $2.55M)
Mr. Scott D. Cook, Founder & Director (Age 69, Pay $1.26M)
Ms. Michelle M. Clatterbuck, Exec. VP & CFO (Age 53, Pay $1.44M)
Ms. Marianna Tessel, Exec. VP & Chief Technology Officer (Age 54, Pay $1.44M)
Ms. Laura A. Fennell, Exec. VP and Chief People & Places Officer (Age 60, Pay $1.44M)
Mr. Gregory N. Johnson, Exec. VP & GM of Consumer Group (Age 53, Pay $1.44M)
Mr. Sheldon Cummings, VP of Sales, Strategy, Operations, Marketing & Partnerships
Mr. Mark J. Flournoy, Sr. VP & Chief Accounting Officer (Age 55)
Ms. Kimberly Anderson Watkins CFA, VP of Investor Relations

What is Intuit's stock symbol?

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

Who are Intuit's major shareholders?

Intuit's stock is owned by a variety of retail and institutional investors. Top institutional investors include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.39%), James Hambro & Partners (0.05%), Investment House LLC (0.05%), DAVENPORT & Co LLC (0.04%), Boston Trust Walden Corp (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own Intuit stock include Brad D Smith, Dennis D Powell, Gregory N Johnson, James Alexander Chriss, Jeffrey David Ayers, Kerry J Mclean, Laura A Fennell, Mark J Flournoy, Michelle M Clatterbuck, Sasan K Goodarzi and Scott D Cook.
View institutional ownership trends for Intuit.

Which major investors are selling Intuit stock?

INTU stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Cullinan Associates Inc., Investment House LLC, First Hawaiian Bank, Polianta Ltd, City Holding Co., Raymond James Trust N.A., and Jacobs & Co. CA. Company insiders that have sold Intuit company stock in the last year include Brad D Smith, Gregory N Johnson, James Alexander Chriss, Kerry J Mclean, Laura A Fennell, Michelle M Clatterbuck, and Sasan K Goodarzi.
View insider buying and selling activity for Intuit or view top insider-selling stocks.

Which major investors are buying Intuit stock?

INTU stock was bought by a variety of institutional investors in the last quarter, including James Hambro & Partners, Boston Trust Walden Corp, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Louisiana State Employees Retirement System, American National Bank, IFM Investors Pty Ltd, Crossmark Global Holdings Inc., and Huntington National Bank.
View insider buying and selling activity for Intuit or or view top insider-buying stocks.

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.

What is Intuit's stock price today?

One share of INTU stock can currently be purchased for approximately $371.01.

How big of a company is Intuit?

Intuit has a market capitalization of $97.48 billion and generates $7.68 billion in revenue each year. The software maker earns $1.83 billion in net income (profit) each year or $6.56 on an earnings per share basis. Intuit employs 10,600 workers across the globe.

What is Intuit's official website?

The official website for Intuit is www.intuit.com.

How can I contact Intuit?

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]t.com.

This page was last updated on 1/17/2021 by MarketBeat.com Staff

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