The stock of Intuit Inc. (INTU) has gone down by -3.69% for the week, with a -0.93% drop in the past month and a 0.98% rise in the past quarter. The volatility ratio for the week is 2.53%, and the volatility levels for the past 30 days are 2.93% for INTU. The simple moving average for the past 20 days is -3.94% for INTU’s stock, with a -0.12% simple moving average for the past 200 days.
Is It Worth Investing in Intuit Inc. (NASDAQ: INTU) Right Now?
Intuit Inc. (NASDAQ: INTU) has a price-to-earnings ratio that is above its average at 61.07x. and a 36-month beta value of 1.17. Opinions on the stock are mixed, with 20 analysts rating it as a “buy,” 4 as “overweight,” 5 as “hold,” and 1 as “sell.”
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The average price predicted for Intuit Inc. (INTU) by analysts is $483.84, which is $71.66 above the current market price. The public float for INTU is 272.91M, and at present, short sellers hold a 1.37% of that float. On May 25, 2023, the average trading volume of INTU was 1.64M shares.
INTU) stock’s latest price update
Intuit Inc. (NASDAQ: INTU)’s stock price has plunge by -7.53relation to previous closing price of 449.80. Nevertheless, the company has seen a -3.69% plunge in its stock price over the last five trading sessions. The Wall Street Journal reported on 05/04/23 that TurboTax Paying $141 Million to Taxpayers Who Could Have Filed for Free
INTU Trading at -3.87% 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 -15.26% of loss for the given period.
Volatility was left at 2.93%, however, over the last 30 days, the volatility rate increased by 2.53%, as shares surge +0.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.87% upper at present.
During the last 5 trading sessions, INTU fell by -3.69%, which changed the moving average for the period of 200-days by -10.89% in comparison to the 20-day moving average, which settled at $433.09. In addition, Intuit Inc. saw 6.86% 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 Burton Eve B, who sale 4,539 shares at the price of $412.57 back on Mar 07. After this action, Burton Eve B now owns 0 shares of Intuit Inc., valued at $1,872,647 using the latest closing price.
Hotz Lauren D, the SVP, Chief Accounting Officer of Intuit Inc., sale 500 shares at $413.16 during a trade that took place back on Mar 07, which means that Hotz Lauren D is holding 1,781 shares at $206,580 based on the most recent closing price.
Stock Fundamentals for INTU
Current profitability levels for the company are sitting at:
- +20.70 for the present operating margin
- +77.82 for the gross margin
The net margin for Intuit Inc. stands at +16.23. The total capital return value is set at 14.50, while invested capital returns managed to touch 11.58. Equity return is now at value 11.90, with 7.00 for asset returns.
Based on Intuit Inc. (INTU), the company’s capital structure generated 45.86 points at debt to equity in total, while total debt to capital is 31.44. Total debt to assets is 27.19, with long-term debt to equity ratio resting at 42.31. Finally, the long-term debt to capital ratio is 29.01.
When we switch over and look at the enterprise to sales, we see a ratio of 9.27, with the company’s debt to enterprise value settled at 0.06. The receivables turnover for the company is 16.29 and the total asset turnover is 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.
To sum up, Intuit Inc. (INTU) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.