NASDAQ:INTUIntuit 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 stock has increased by 17.8% and is now trading at $307.55. View which stocks have been most impacted by Coronavirus.

18 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 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, August 27th 2020. View our earnings forecast for Intuit.

Intuit Inc. (NASDAQ:INTU) posted its quarterly earnings data on Thursday, May, 21st. The software maker reported $4.49 earnings per share for the quarter, missing the consensus estimate of $4.60 by $0.11. The software maker had revenue of $3 billion for the quarter, compared to the consensus estimate of $3 billion. Intuit had a net margin of 19.50% and a return on equity of 32.03%. Intuit's revenue for the quarter was down 8.3% on a year-over-year basis. During the same period in the previous year, the firm earned $5.55 earnings per share. View Intuit's earnings history.

Intuit declared a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, July 10th will be paid a dividend of $0.53 per share on Monday, July 20th. This represents a $2.12 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend is Thursday, July 9th. View Intuit's dividend history.

Intuit updated its third quarter earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of $4.46-4.49 for the period, compared to the Thomson Reuters consensus EPS estimate of $5.42. The company issued revenue guidance of $2.99-3.00 billion, compared to the consensus revenue estimate of $3.33 billion.

18 analysts have issued 1 year target prices for Intuit's shares. Their forecasts range from $249.00 to $340.00. On average, they expect Intuit's stock price to reach $308.41 in the next year. This suggests a possible upside of 0.3% from the stock's current price. View analysts' price targets for Intuit.

Media coverage about INTU stock has trended very negative this week, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Intuit earned a coverage optimism score of -3.8 on InfoTrie's scale. They also assigned headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Intuit.

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

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

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

Intuit's stock is owned by many different institutional and retail investors. Top institutional investors include Envestnet Asset Management Inc. (0.08%), LGT Capital Partners LTD. (0.05%), State of Alaska Department of Revenue (0.02%), Bath Savings Trust Co (0.02%), Cullinan Associates Inc. (0.02%) and DNB Asset Management AS (0.01%). 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.

INTU stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Stonebridge Capital Management Inc., Addenda Capital Inc., Diversified Trust Co, Bath Savings Trust Co, Watchman Group Inc., Old Port Advisors, and Carroll Financial Associates Inc.. 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.

INTU stock was bought by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc., LGT Capital Partners LTD., Whittier Trust Co., DNB Asset Management AS, Symphony Financial Ltd. Co., Cypress Capital Group, Forte Capital LLC ADV, and Vigilant Capital Management LLC. View insider buying and selling activity for 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.

One share of INTU stock can currently be purchased for approximately $307.55.

Intuit has a market capitalization of $80.20 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.

The official website for Intuit is 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]