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 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 quarterly earnings results on Monday, February, 24th. The software maker reported $1.16 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.02 by $0.14. The software maker earned $1.70 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.00 earnings per share. View Intuit's earnings history.

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 dividend on an annualized basis and a dividend yield of 0.92%. The ex-dividend date 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 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 analysts have issued twelve-month target prices for Intuit's shares. Their forecasts range from $200.00 to $330.00. On average, they expect Intuit's stock price to reach $289.84 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View analysts' price targets for Intuit.

News articles about INTU stock have been trending very positive this week, according to InfoTrie. InfoTrie identifies positive and negative media coverage by analyzing 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 4.0 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutIntuit.

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 trading volume of 2,131,100 shares, the short-interest ratio is currently 1.4 days. Approximately 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 number of institutional and retail investors. Top institutional shareholders 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 purchased 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]