NASDAQ:INTUIntuit Stock Price, Forecast & News

$252.10

+6.69 (+2.73 %)

(As of 04/10/2020 08:14 AM ET)

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Today's Range

$245.87

Now: $252.10▼

$254.94

50-Day Range

$194.72

MA: $253.09▼

$305.61

52-Week Range

$187.68

Now: $252.10▼

$306.89

Volume1.63 million shs

Average Volume2.32 million shs

Market Capitalization$65.67 billion

P/E Ratio40.79

Dividend Yield0.86%

Beta1.01

Intuit Inc. provides financial management and compliance products and services for small businesses, consumers, self-employed, and accounting professionals in the United States, Canada, and internationally. The company's Small Business & Self-Employed segment provides QuickBooks online services and desktop software solutions comprising QuickBooks Enterprise, a hosted or server-based solution and QuickBooks Advanced, an online enterprise 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 card, debit card, electronic benefits, and gift card processing services; check verification, check guarantee, and electronic check conversion services; e-invoicing services; and Web-based transaction processing services for online merchants, as well as provides financial supplies and financing for small businesses. Its Consumer segment provides TurboTax Online tax return preparation services and electronic tax filing services. The company's Strategic Partner segment offers Lacerte, ProSeries, and ProFile desktop tax preparation software products; and ProConnect Tax Online tax return preparation services, bank products, and related services. It sells products and services through various sales and distribution channels, including Websites, promotions, call centers, retail display, and online and mobile application stores, as well as through selected alliance partners and accountants. Intuit Inc. was founded in 1983 and is headquartered in Mountain View, California.

Beat the Market (BTM) Rank^™

3.3 Analyst's Opinion

Consensus Rating
Intuit has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 11 buy ratings, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $298.50, Intuit has a potential upside of 18.4% from its current price of $252.10.
Amount of Analyst Coverage
Intuit has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.7 Community Rank

Outperform Votes
Intuit has received 884 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Intuit has received 770 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Intuit has received 53.45% “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.

4.2 Dividend Strength

Dividend Leadership
Intuit is a leading dividend payer. It pays a dividend yield of 0.86%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Intuit has been increasing its dividend for 9 years.
Dividend Coverage
The dividend payout ratio of Intuit is 37.99 %. 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 29.61 % next year. This indicates that Intuit will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Intuit insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.09% of the stock of Intuit is held by insiders.
Percentage Held by Institutions
87.34% of the stock of Intuit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Intuit are expected to grow by 13.47% in the coming year, from $6.31 to $7.16 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Intuit is 40.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 11.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of Intuit is 40.79, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 29.21.
Price to Earnings Growth Ratio
Intuit has a PEG Ratio of 3.06. 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 17.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.35 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryApplication Software

SectorComputer and Technology

Current SymbolNASDAQ:INTU

Previous Symbol

CUSIP46120210

CIK896878

Webhttp://www.intuit.com/

Phone650-944-6000

Debt

Debt-to-Equity Ratio0.10

Current Ratio1.67

Quick Ratio1.67

Price-To-Earnings

Trailing P/E Ratio40.79

Forward P/E Ratio39.95

P/E Growth3.06

Sales & Book Value

Annual Sales$6.78 billion

Price / Sales9.68

Cash Flow$6.69 per share

Price / Cash Flow37.66

Book Value$14.41 per share

Price / Book17.49

Profitability

EPS (Most Recent Fiscal Year)$5.58

Net Income$1.56 billion

Net Margins22.89%

Return on Equity41.03%

Return on Assets23.88%

Miscellaneous

Employees9,400

Outstanding Shares260,490,000

Market Cap$65.67 billion

Next Earnings Date5/28/2020 (Estimated)

OptionableOptionable

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Intuit (NASDAQ:INTU) Frequently Asked Questions

How has Intuit's stock been impacted by COVID-19 (Coronavirus)?

Intuit's stock was trading at $261.12 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, INTU shares have decreased by 3.5% and is now trading at $252.10. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Intuit?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 2 sell ratings, 4 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Intuit.

When is Intuit's next earnings date?

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

How were Intuit's earnings last quarter?

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

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

Intuit declared 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 annualized dividend and a dividend yield of 0.84%. The ex-dividend date is Thursday, April 9th. View Intuit's dividend history.

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

Intuit issued an update on its FY20 earnings guidance on Monday, February, 24th. The company provided EPS 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.

What price target have analysts set for INTU?

17 analysts have issued twelve-month price targets for Intuit's shares. Their forecasts range from $249.00 to $330.00. On average, they anticipate Intuit's stock price to reach $298.50 in the next year. This suggests a possible upside of 18.4% from the stock's current price. View analysts' price targets for Intuit.

Has Intuit been receiving favorable news coverage?

Headlines about INTU stock have been trending very negative on Friday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Intuit earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutIntuit.

Are investors shorting Intuit?

Intuit saw a increase in short interest during 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 daily volume of 2,131,100 shares, the short-interest ratio is presently 1.4 days. Approximately 1.2% of the company's stock are sold short. View Intuit's Current Options Chain.

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), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Splunk (SPLK), Citrix Systems (CTXS), Tyler Technologies (TYL), SS&C Technologies (SSNC), FactSet Research Systems (FDS), Fair Isaac (FICO), Guidewire Software (GWRE) and Aspen Technology (AZPN).

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), Alibaba Group (BABA), Adobe (ADBE), Netflix (NFLX), Micron Technology (MU), Walt Disney (DIS), salesforce.com (CRM), Visa (V), Paypal (PYPL) and Mastercard (MA).

Who are Intuit's key executives?

Intuit's management team includes the following people:

Mr. Brad D. Smith, Exec. Chairman (Age 55)
Mr. Sasan K. Goodarzi, CEO, Pres & Director (Age 51)
Mr. Scott D. Cook, Founder, Chairman of the Exec. Committee & Director (Age 67)
Ms. Michelle M. Clatterbuck, Exec. VP & CFO (Age 51)
Ms. Laura A. Fennell, Exec. VP and Chief People & Places Officer (Age 58)

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 institutional and retail investors. Top institutional investors include Investment House LLC (0.05%), LGT Capital Partners LTD. (0.04%), State of Alaska Department of Revenue (0.02%), Clifford Swan Investment Counsel LLC (0.02%), Bath Savings Trust Co (0.02%) and Cullinan Associates Inc. (0.02%). Company insiders that own Intuit stock include Brad D Smith, Dennis D Powell, Gregory N Johnson, Henry Tayloe Stansbury, 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 institutional investors are selling Intuit stock?

INTU stock was sold by a variety of institutional investors in the last quarter, including Sanders Morris Harris LLC, Pensionfund DSM Netherlands, IFM Investors Pty Ltd, Forte Capital LLC ADV, Investment House LLC, Bath Savings Trust Co, Abner Herrman & Brock LLC, and San Francisco Sentry Investment Group CA. Company insiders that have sold Intuit company stock in the last year include Brad D Smith, Gregory N Johnson, James Alexander Chriss, Jeffrey David Ayers, Kerry J Mclean, Mark J Flournoy, Michelle M Clatterbuck, Sasan K Goodarzi, and Scott D Cook. View insider buying and selling activity for Intuit.

Which institutional investors are buying Intuit stock?

INTU stock was purchased by a variety of institutional investors in the last quarter, including LGT Capital Partners LTD., State of Alaska Department of Revenue, Tuttle Tactical Management, IBM Retirement Fund, Cullinan Associates Inc., Clifford Swan Investment Counsel LLC, 180 Wealth Advisors LLC, and Harbour Capital Advisors LLC. View insider buying and selling activity for Intuit.

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 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 $252.10.

How big of a company is Intuit?

Intuit has a market capitalization of $65.67 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.

What is Intuit's official website?

The official website for Intuit is http://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]

This page was last updated on 4/10/2020 by MarketBeat.com Staff

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