Intuit Inc. (NASDAQ:INTU) went up by 1.95% from its latest closing price compared to the recent 1-year high of $582.96. The company’s stock price has collected 1.39% of gains in the last five trading sessions. MarketWatch.com reported on 09/13/21 that Intuit to buy Mailchimp for around $12 billion
Is It Worth Investing in Intuit Inc. (NASDAQ :INTU) Right Now?
Intuit Inc. (NASDAQ:INTU) scored a price-to-earnings ratio above its average ratio, recording 75.90 x from its present earnings ratio. Plus, the 36-month beta value for INTU is at 1.02. Opinions of the stock are interesting as 16 analysts out of 24 who provided ratings for Intuit Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $613.02, which is $28.25 above the current price. INTU currently public float of 265.51M and currently shorts hold a 0.73% ratio of that float. Today, the average trading volume of INTU was 1.06M shares.
INTU’s Market Performance
INTU stocks went up by 1.39% for the week, with a monthly jump of 5.09% and a quarterly performance of 20.73%, while its annual performance rate touched 78.53%. The volatility ratio for the week stands at 1.83% while the volatility levels for the past 30 days are set at 1.80% for Intuit Inc.. The simple moving average for the period of the last 20 days is 2.21% for INTU stocks with a simple moving average of 30.31% for the last 200 days.
Analysts’ Opinion of INTU
Many brokerage firms have already submitted their reports for INTU stocks, with Exane BNP Paribas repeating the rating for INTU by listing it as a “Neutral.” The predicted price for INTU in the upcoming period, according to Exane BNP Paribas is $470 based on the research report published on May 27th of the current year 2021.
Wolfe Research, on the other hand, stated in their research note that they expect to see INTU reach a price target of $475. The rating they have provided for INTU stocks is “Outperform” according to the report published on April 23rd, 2021.
BofA Securities gave a rating of “Buy” to INTU, setting the target price at $460 in the report published on April 08th of the current year.
INTU Trading at 6.42% from the 50-Day Moving Average
After a stumble in the market that brought INTU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.52% of loss for the given period.
Volatility was left at 1.80%, however, over the last 30 days, the volatility rate increased by 1.83%, as shares surge +4.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.19% upper at present.
During the last 5 trading sessions, INTU rose by +1.39%, which changed the moving average for the period of 200-days by +62.15% in comparison to the 20-day moving average, which settled at $557.25. In addition, Intuit Inc. saw 49.60% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at INTU starting from Chriss James Alexander, who sale 2,022 shares at the price of $562.53 back on Sep 02. After this action, Chriss James Alexander now owns 300 shares of Intuit Inc., valued at $1,137,438 using the latest closing price.
Clatterbuck Michelle M, the EVP and CFO of Intuit Inc., sale 9,343 shares at $562.56 during a trade that took place back on Sep 02, which means that Clatterbuck Michelle M is holding 546 shares at $5,256,012 based on the most recent closing price.
Stock Fundamentals for INTU
Current profitability levels for the company are sitting at:
- +26.27 for the present operating margin
- +81.01 for the gross margin
The net margin for Intuit Inc. stands at +21.41. The total capital return value is set at 24.00, while invested capital returns managed to touch 21.00. Equity return is now at value 24.30, with 14.80 for asset returns.
Based on Intuit Inc. (INTU), the company’s capital structure generated 25.13 points at debt to equity in total, while total debt to capital is 20.08. Total debt to assets is 15.98, with long-term debt to equity ratio resting at 24.46. Finally, the long-term debt to capital ratio is 19.55.
When we switch over and look at the enterprise to sales, we see a ratio of 14.88, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 28.54 and the total asset turnover is 0.73. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.94.