Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
In the latest session, Intuit Inc (NASDAQ: INTU) closed at $658.18 up 2.53% from its previous closing price of $641.95. In other words, the price has increased by $2.53 from its previous closing price. On the day, 1.04 million shares were traded. INTU stock price reached its highest trading level at $658.47 during the session, while it also had its lowest trading level at $640.18.
Ratios:
For a deeper understanding of Intuit Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 39.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.36. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 0.35 whereas as Long-Term Debt/Eq ratio is at 0.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, RBC Capital Mkts on July 03, 2024, initiated with a Outperform rating and assigned the stock a target price of $760.
On June 13, 2024, Jefferies reiterated its Buy ratingand also kept the price unchanged to $770.
On December 15, 2023, Susquehanna started tracking the stock assigning a Positive rating and target price of $700.Susquehanna initiated its Positive rating on December 15, 2023, with a $700 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 03 ’24 when Aujla Sandeep sold 1,061 shares for $651.27 per share. The transaction valued at 690,997 led to the insider holds 3,333 shares of the business.
Notarainni Mark P. sold 466 shares of INTU for $303,492 on Jul 03 ’24. The EVP, Consumer Group now owns 554 shares after completing the transaction at $651.27 per share. On Jul 02 ’24, another insider, Notarainni Mark P., who serves as the EVP, Consumer Group of the company, sold 965 shares for $651.00 each. As a result, the insider received 628,215 and left with 1,020 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INTU now has a Market Capitalization of 183992254464. As of this moment, Intuit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 60.82, and their Forward P/E ratio for the next fiscal year is 34.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.64 while its Price-to-Book (P/B) ratio in mrq is 9.81.
Stock Price History:
The Beta on a monthly basis for INTU is 1.23, which has changed by 0.2957431 over the last 52 weeks, in comparison to a change of 0.23279357 over the same period for the S&P500. Over the past 52 weeks, INTU has reached a high of $676.62, while it has fallen to a 52-week low of $473.56. The 50-Day Moving Average of the stock is 5.61%, while the 200-Day Moving Average is calculated to be 9.11%.
Shares Statistics:
For the past three months, INTU has traded an average of 1.44M shares per day and 1247500 over the past ten days. A total of 280.42M shares are outstanding, with a floating share count of 271.91M. Insiders hold about 2.73% of the company’s shares, while institutions hold 85.21% stake in the company. Shares short for INTU as of 1719532800 were 3740394 with a Short Ratio of 2.60, compared to 1717113600 on 3599335. Therefore, it implies a Short% of Shares Outstanding of 3740394 and a Short% of Float of 1.37.
Dividends & Splits
According to the company, the forward annual dividend rate for INTU is 3.60, from 3.48 in the trailing year. Against a Trailing Annual Dividend Yield of 0.005420983The stock’s 5-year Average Dividend Yield is 0.61. The current Payout Ratio is 37.04% for INTU, which recently paid a dividend on 2024-07-10 with an ex-dividend date of 1720569600. Stock splits for the company last occurred on 2006-07-07 when the company split stock in a 2:1 ratio.
