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Intuit Inc (NASDAQ: INTU) closed the day trading at $650.60 up 1.00% from the previous closing price of $644.17. In other words, the price has increased by $1.00 from its previous closing price. On the day, 1.86 million shares were traded. INTU stock price reached its highest trading level at $652.28 during the session, while it also had its lowest trading level at $637.6.
Ratios:
For a better understanding of INTU, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 44.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.33. For the most recent quarter (mrq), Quick Ratio is recorded 1.29 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.33.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 10 ’24 when Aujla Sandeep sold 4,000 shares for $617.28 per share. The transaction valued at 2,469,055 led to the insider holds 452 shares of the business.
Aujla Sandeep bought 4,000 shares of INTU for $2,479,933 on Oct 10 ’24. On Oct 03 ’24, another insider, Aujla Sandeep, who serves as the EVP and CFO of the company, sold 775 shares for $601.31 each. As a result, the insider received 466,015 and left with 4,451 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 182357966848. As of this moment, Intuit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 62.35, and their Forward P/E ratio for the next fiscal year is 29.30. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.19 while its Price-to-Book (P/B) ratio in mrq is 9.89.
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 2.54%, while the 200-Day Moving Average is calculated to be 2.64%.
Shares Statistics:
Over the past 3-months, INTU traded about 1.40M shares per day on average, while over the past 10 days, INTU traded about 1759420 shares per day. A total of 280.27M shares are outstanding, with a floating share count of 273.32M. Insiders hold about 2.49% of the company’s shares, while institutions hold 84.23% stake in the company. Shares short for INTU as of 1730332800 were 3839706 with a Short Ratio of 2.73, 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
INTU’s forward annual dividend rate is 3.74, up from 3.6 a year ago. Against a Trailing Annual Dividend Yield of 0.005588587The stock’s 5-year Average Dividend Yield is 0.61.
