NASDAQ:INTU - Intuit Stock Price, Forecast & News

Intuit's stock was trading at $261.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, INTU stock has decreased by 12.0% and is now trading at $229.69. View which stocks have been mosted impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Intuit in the last year. There are currently 3 sell ratings, 4 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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) announced its 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 had revenue of $1.70 billion for the quarter, compared to the consensus estimate of $1.68 billion. Intuit had a net margin of 22.89% and a return on equity of 41.03%. The business's quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.00 earnings per share. View Intuit's earnings history.

Intuit declared a quarterly dividend on Monday, February 24th. Shareholders 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 yield of 0.92%. The ex-dividend date of this dividend is Thursday, April 9th. View Intuit's dividend history.

Intuit issued an update on its FY20 earnings guidance on Monday, February, 24th. The company provided earnings per share (EPS) guidance of $7.50-7.60 for the period, compared to the Thomson Reuters consensus earnings per share 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.

19 Wall Street analysts have issued 1 year price targets for Intuit's stock. Their forecasts range from $200.00 to $330.00. On average, they expect Intuit's share price to reach $289.84 in the next twelve months. This suggests a possible upside of 26.2% from the stock's current price. View analysts' price targets for Intuit.

News stories about INTU stock have trended very negative on Sunday, according to InfoTrie Sentiment. The research firm identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Intuit earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned press coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news aboutIntuit.

Intuit saw a increase in short interest in 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 trading volume, of 2,131,100 shares, the days-to-cover ratio is currently 1.4 days. Currently, 1.2% of the shares of the stock are sold short. View Intuit's Current Options Chain.

Some companies that are related to Intuit include Adobe (ADBE), salesforce.com (CRM), Autodesk (ADSK), Workday (WDAY), 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), salesforce.com (CRM), Visa (V), Paypal (PYPL) and Mastercard (MA).

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

Intuit's stock is owned by a variety of retail and institutional investors. Top institutional investors include State Street Corp (4.32%), FMR LLC (3.29%), Edgewood Management LLC (1.89%), Geode Capital Management LLC (1.73%), Janus Henderson Group PLC (1.64%) and Nuveen Asset Management LLC (1.63%). 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 Capital International Investors, FMR LLC, AQR Capital Management LLC, Rheos Capital Works Inc., Partner Fund Management L.P., Nuveen Asset Management LLC, Janus Henderson Group PLC, and AXA. 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 acquired by a variety of institutional investors in the last quarter, including Norges Bank, Private Advisor Group LLC, Sands Capital Management LLC, Findlay Park Partners LLP, Edgewood Management LLC, Principal Financial Group Inc., Jensen Investment Management Inc., and Man Group plc. 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 $229.69.

Intuit has a market capitalization of $59.83 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]