In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Intuit Inc (NASDAQ: INTU) closed the day trading at $607.27 down -2.28% from the previous closing price of $621.45. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 2.83 million shares were traded. INTU stock price reached its highest trading level at $623.735 during the session, while it also had its lowest trading level at $606.78.
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 50.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 33.05. 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.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $700.
BMO Capital Markets reiterated its Outperform rating for the stock on August 23, 2024, while the target price for the stock was revised from $700 to $760.
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 Jan 10 ’25 when Hotz Lauren D sold 1,078 shares for $619.28 per share. The transaction valued at 667,838 led to the insider holds 1,864 shares of the business.
Hotz Lauren D bought 1,078 shares of INTU for $667,586 on Jan 10 ’25. On Jan 08 ’25, another insider, Aujla Sandeep, who serves as the EVP and CFO of the company, sold 1,300 shares for $626.42 each. As a result, the insider received 814,350 and left with 644 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 169985196032. As of this moment, Intuit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 59.08, and their Forward P/E ratio for the next fiscal year is 27.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.25 while its Price-to-Book (P/B) ratio in mrq is 9.38.
Stock Price History:
The Beta on a monthly basis for INTU is 1.25, which has changed by -0.023964107 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. 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 -6.31%, while the 200-Day Moving Average is calculated to be -3.91%.
Shares Statistics:
Over the past 3-months, INTU traded about 1.56M shares per day on average, while over the past 10 days, INTU traded about 1623230 shares per day. A total of 280.12M shares are outstanding, with a floating share count of 273.17M. Insiders hold about 2.41% of the company’s shares, while institutions hold 84.55% stake in the company. Shares short for INTU as of 1730332800 were 3839706 with a Short Ratio of 2.61, 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. The current Payout Ratio is 34.51% for INTU, which recently paid a dividend on 2025-01-10 with an ex-dividend date of 1728518400. Stock splits for the company last occurred on 2006-07-07 when the company split stock in a 2:1 ratio.
