The price of Intuit Inc (NASDAQ: INTU) closed at $649.34 in the last session, down -0.14% from day before closing price of $650.28. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 902002 shares were traded.
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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 122.10 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.62. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 0.38 whereas as Long-Term Debt/Eq ratio is at 0.38.
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, Susquehanna on December 15, 2023, initiated with a Positive rating and assigned the stock a target price of $700.
On September 29, 2023, HSBC Securities started tracking the stock assigning a Hold rating and target price of $520.
Exane BNP Paribas Upgraded its Underperform to Neutral on July 19, 2023, while the target price for the stock was maintained at $532.
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 Feb 27 ’24 when McLean Kerry J sold 3,692 shares for $663.84 per share. The transaction valued at 2,450,892 led to the insider holds 22,948 shares of the business.
Hotz Lauren D sold 745 shares of INTU for $488,072 on Feb 26 ’24. The SVP, Chief Accounting Officer now owns 3,180 shares after completing the transaction at $655.13 per share. On Jan 09 ’24, another insider, Balazs Alex G., who serves as the EVP, Chief Technology Officer of the company, sold 3,964 shares for $599.68 each. As a result, the insider received 2,377,113 and left with 225 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 181.80B and an Enterprise Value of 186.82B. As of this moment, Intuit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 66.37, and their Forward P/E ratio for the next fiscal year is 34.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.04 while its Price-to-Book (P/B) ratio in mrq is 10.75. Its current Enterprise Value per Revenue stands at 12.38 whereas that against EBITDA is 42.73.
Stock Price History:
Over the past 52 weeks, INTU has reached a high of $671.01, while it has fallen to a 52-week low of $384.05. The 50-Day Moving Average of the stock is 634.93, while the 200-Day Moving Average is calculated to be 540.18.
Shares Statistics:
According to the various share statistics, INTU traded on average about 1.26M shares per day over the past 3-months and 1.37M shares per day over the past 10 days. A total of 280.42M shares are outstanding, with a floating share count of 272.03M. Insiders hold about 2.84% of the company’s shares, while institutions hold 85.76% stake in the company. Shares short for INTU as of Feb 15, 2024 were 3.39M with a Short Ratio of 2.70, compared to 3.77M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.21% and a Short% of Float of 1.24%.
Dividends & Splits
The forward annual dividend rate for INTU is 3.36, which was 3.36 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.52%, it implies a Forward Annual Dividend Yield of 0.55%. The stock’s 5-year Average Dividend Yield is 0.62. The current Payout Ratio is 37.04% for INTU, which recently paid a dividend on Apr 18, 2024 with an ex-dividend date of Apr 09, 2024. Stock splits for the company last occurred on Jul 07, 2006 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 21 analysts who recommend its stock at the moment. On average, analysts expect EPS of $9.37 for the current quarter, with a high estimate of $9.49 and a low estimate of $9.32, while EPS last year was $8.92. The consensus estimate for the next quarter is $1.93, with high estimates of $2.05 and low estimates of $1.77.
Analysts are recommending an EPS of between $16.56 and $16.31 for the fiscal current year, implying an average EPS of $16.41. EPS for the following year is $18.87, with 26 analysts recommending between $20.45 and $18.
Revenue Estimates
A total of 26 analysts have provided revenue estimates for INTU’s current fiscal year. The highest revenue estimate was $16.15B, while the lowest revenue estimate was $15.91B, resulting in an average revenue estimate of $16.05B. In the same quarter a year ago, actual revenue was $14.37B, up 11.70% from the average estimate. Based on 26 analysts’ estimates, the company’s revenue will be $18.05B in the next fiscal year. The high estimate is $19B and the low estimate is $17.64B. The average revenue growth estimate for next year is up 12.50% from the average revenue estimate for this year.
