Intuit (INTU) Stock Price, News & Analysis

Company Overview

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax. The Small Business & Self-Employed segment provides QuickBooks services, that includes financial and business management online services and desktop software, payroll solutions, time tracking, merchant payment processing solutions, and financing for small businesses; and Mailchimp services, such as e-commerce, marketing automation, and customer relationship management. This segment also offers QuickBooks online services and desktop software solutions comprising QuickBooks Online Advanced, a cloud-based solution; QuickBooks Enterprise, a hosted solution; and QuickBooks Self-Employed solution; payment-processing solutions, including credit and debit cards, Apple Pay, and ACH payment services; and financial supplies and financing for small businesses, as well as electronic filing of federal and state income tax returns. The Consumer segment provides TurboTax income tax preparation products and services. The Credit Karma segment offers consumers with a personal finance platform that provides personalized recommendations of home, auto, and personal loans, as well as credit cards and insurance products. The ProTax segment provides Lacerte, ProSeries, and ProFile desktop tax-preparation software products; and ProConnect Tax Online tax products, electronic tax filing service, and bank products and related services. It sells products and services through various sales and distribution channels, including multi-channel shop-and-buy experiences, websites and call centers, mobile application stores, and retail and other channels. The company was founded in 1983 and is headquartered in Mountain View, California.

Key Stats

• Today's Range: $645.00 to $672.45
• 50-Day Range: $602.01 to $706.25
• 52-Week Range: $557.29 to $714.78
• Volume: 1.84 million shs
• Average Volume: 1.35 million shs
• Market Capitalization: $182.03 billion
• P/E Ratio: 62.18
• Dividend Yield: 0.64%
• Price Target: $737.44
• Consensus Rating: Moderate Buy

Intuit Stock Analysis - MarketRank™

Intuit scored higher than 98% of companies evaluated by MarketBeat, and ranked 29th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Intuit has received a consensus rating of Moderate Buy. The company's average rating score is 2.74, and is based on 14 buy ratings, 5 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Intuit has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 14.45%

Earnings Growth

Earnings for Intuit are expected to grow by 14.45% in the coming year, from $14.05 to $16.08 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Intuit is 61.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.62.

Price to Earnings Ratio vs. Sector

The P/E ratio of Intuit is 61.91, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 264.89.

Price to Earnings Growth Ratio

Intuit has a PEG Ratio of 3.15. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Intuit has a P/B Ratio of 9.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.37% of the outstanding shares of Intuit have been sold short.

Short Interest Ratio / Days to Cover

Intuit has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Intuit has recently increased by 11.95%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Intuit has a dividend yield of 0.65%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Intuit has been increasing its dividend for 12 years.

Dividend Coverage

The dividend payout ratio of Intuit is 39.81%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Intuit will have a dividend payout ratio of 25.87% next year. This indicates that Intuit will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -0.21

Percentage of Shares Shorted

1.37% of the outstanding shares of Intuit have been sold short.

Short Interest Ratio / Days to Cover

Intuit has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Intuit has recently increased by 11.95%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.88

News Sentiment

Intuit has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 91 news articles for Intuit this week, compared to 26 articles on an average week.

Search Interest

Only 43 people have searched for INTU on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.

MarketBeat Follows

Only 9 people have added Intuit to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Intuit insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $35,220,046.00 in company stock.

Percentage Held by Insiders

Only 2.90% of the stock of Intuit is held by insiders.

Percentage Held by Institutions

83.66% of the stock of Intuit is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

INTU Stock Analysis - Frequently Asked Questions

How have INTU shares performed this year?

Intuit's stock was trading at $625.03 on January 1st, 2024. Since then, INTU shares have increased by 3.5% and is now trading at $647.00.
View the best growth stocks for 2024 here.

How were Intuit's earnings last quarter?

Intuit Inc. (NASDAQ:INTU) announced its quarterly earnings data on Thursday, November, 21st. The software maker reported $2.50 earnings per share for the quarter, topping analysts' consensus estimates of $2.36 by $0.14. Intuit's revenue for the quarter was up 10.2% on a year-over-year basis.
Read the conference call transcript.

Does Intuit have any subsidiaries?

Intuit subsidiaries include Tradegecko, Credit Karma, ChronoBooks, Origami Logic, Applatix, Tsheets, Exactor, and more.

Who are Intuit's major shareholders?

Intuit's top institutional shareholders include State Street Corp (4.39%), Geode Capital Management LLC (2.13%), FMR LLC (1.74%) and Wellington Management Group LLP (1.67%). Insiders that own company stock include Scott D Cook, Sasan K Goodarzi, Laura A Fennell, Marianna Tessel, Kerry J Mclean, Lauren D Hotz, Michelle M Clatterbuck, Mark P Notarainni, Sandeep Aujla, James Alexander Chriss, Alex G Balazs, Varun Krishna, Eve B Burton and Raul Vazquez.
View institutional ownership trends.

How do I buy shares of Intuit?

Shares of INTU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Intuit own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Intuit investors own include Broadcom (AVGO), ServiceNow (NOW), NVIDIA (NVDA), BlackRock (BLK), UnitedHealth Group (UNH), Meta Platforms (META) and Advanced Micro Devices (AMD).

Company Calendar

• Ex-Dividend for 10/18 Dividend: 10/10/2024
• Dividend Payable: 10/18/2024
• Last Earnings: 11/21/2024
• Today: 11/22/2024
• Fiscal Year End: 7/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Application Software
• Current Symbol: NASDAQ:INTU
• CUSIP: 46120210
• CIK: 896878
• Web: www.intuit.com
• Phone: (650) 944-6000
• Fax: 650-462-2955
• Employees: 18,800
• Year Founded: 1983

Price Target and Rating

• Average Stock Price Target: $739.39
• High Stock Price Target: $800.00
• Low Stock Price Target: $600.00
• Potential Upside/Downside: +12.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.74
• Research Coverage: 19 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.45
• Trailing P/E Ratio: 63.09
• Forward P/E Ratio: 46.92
• P/E Growth: 3.15
• Net Income: $2.96 billion
• Net Margins: 18.19%
• Pretax Margin: 21.80%
• Return on Equity: 18.64%
• Return on Assets: 10.87%

Debt

• Debt-to-Equity Ratio: 0.30
• Current Ratio: 1.29
• Quick Ratio: 1.29

Sales & Book Value

• Annual Sales: $16.29 billion
• Price / Sales: 11.34
• Cash Flow: $14.92 per share
• Price / Cash Flow: 44.18
• Book Value: $65.77 per share
• Price / Book: 10.02

Miscellaneous

• Outstanding Shares: 280,120,000
• Free Float: 271,997,000
• Market Cap: $184.67 billion
• Optionable: Optionable
• Beta: 1.25