Gaining Ground: Intuit Inc (INTU) Closes Higher at 641.73, Up 0.87

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The price of Intuit Inc (NASDAQ: INTU) closed at $641.73 in the last session, up 0.87% from day before closing price of $636.17. In other words, the price has increased by $0.87 from its previous closing price. On the day, 0.83 million shares were traded. INTU stock price reached its highest trading level at $645.36 during the session, while it also had its lowest trading level at $636.3301.

Ratios:

We take a closer look at INTU’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.96 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.24 and its Current Ratio is at 1.24. In the meantime, Its Debt-to-Equity ratio is 0.37 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, Scotiabank on November 19, 2024, initiated with a Sector Perform rating and assigned the stock a target price of $700.

On August 23, 2024, BMO Capital Markets reiterated its Outperform rating and also lowered its target price recommendation from $700 to $760.

Morgan Stanley Downgraded its Overweight to Equal-Weight on August 14, 2024, whereas the target price for the stock was revised from $750 to $685.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 25 ’24 when COOK SCOTT D sold 75,000 shares for $641.82 per share. The transaction valued at 48,136,222 led to the insider holds 6,378,105 shares of the business.

COOK SCOTT D sold 3,164 shares of INTU for $2,017,349 on Nov 26 ’24. The Founder now owns 6,374,941 shares after completing the transaction at $637.59 per share. On Nov 25 ’24, another insider, SCOTT D. COOK & HELEN SIGNE OS, who serves as the Director of the company, bought 78,164 shares for $640.12 each.

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 179631128576. As of this moment, Intuit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.43, and their Forward P/E ratio for the next fiscal year is 29.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.92 while its Price-to-Book (P/B) ratio in mrq is 9.91.

Stock Price History:

Over the past 52 weeks, INTU has reached a high of $714.78, while it has fallen to a 52-week low of $557.29. The 50-Day Moving Average of the stock is 1.18%, while the 200-Day Moving Average is calculated to be 1.28%.

Shares Statistics:

According to the various share statistics, INTU traded on average about 1.44M shares per day over the past 3-months and 2034910 shares per day over the past 10 days. A total of 280.27M shares are outstanding, with a floating share count of 272.96M. Insiders hold about 2.49% of the company’s shares, while institutions hold 84.33% stake in the company. Shares short for INTU as of 1730332800 were 3839706 with a Short Ratio of 2.62, compared to 1727654400 on 2988535. Therefore, it implies a Short% of Shares Outstanding of 3839706 and a Short% of Float of 1.4099999.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 0.61.

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