The stock of Intuit Inc (NASDAQ: INTU) has increased by 0.97 when compared to last closing price of 699.47.Despite this, the company has seen a gain of 8.92% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-13 that Intuit’s strong financials, including 80% gross margins and 18% net profit margins, position it well for growth, especially with embedded fintech and A.I. integration. TurboTax, QuickBooks, Mailchimp, and Credit Karma are key products driving Intuit’s consumer and small business market expansion. Cybersecurity risks are significant for Intuit due to its handling of sensitive financial data, making it a prime target for cyberattacks.
Is It Worth Investing in Intuit Inc (NASDAQ: INTU) Right Now?
The price-to-earnings ratio for Intuit Inc (NASDAQ: INTU) is above average at 67.68x, Company’s 36-month beta value is 1.27.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 6 as “overweight,” 11 as “hold,” and 2 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for INTU is 273.32M, and currently, short sellers hold a 1.40% ratio of that floaft. The average trading volume of INTU on November 14, 2024 was 1.35M shares.
INTU’s Market Performance
The stock of Intuit Inc (INTU) has seen a 8.92% increase in the past week, with a 14.30% rise in the past month, and a 8.30% gain in the past quarter. The volatility ratio for the week is 2.55%, and the volatility levels for the past 30 days are at 2.12% for INTU. The simple moving average for the last 20 days is 11.24% for INTU’s stock, with a simple moving average of 11.59% for the last 200 days.
Analysts’ Opinion of INTU
Many brokerage firms have already submitted their reports for INTU stocks, with BMO Capital Markets repeating the rating for INTU by listing it as a “Outperform.” The predicted price for INTU in the upcoming period, according to BMO Capital Markets is $760 based on the research report published on August 23, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see INTU reach a price target of $685, previously predicting the price at $750. The rating they have provided for INTU stocks is “Equal-Weight” according to the report published on August 14th, 2024.
RBC Capital Mkts gave a rating of “Outperform” to INTU, setting the target price at $760 in the report published on July 03rd of the current year.
INTU Trading at 12.10% 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 able to rebound, for now settling with 0.34% of gains for the given period.
Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 2.55%, as shares surge +15.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.34% upper at present.
During the last 5 trading sessions, INTU rose by +8.92%, which changed the moving average for the period of 200-days by +9.04% in comparison to the 20-day moving average, which settled at $634.90. In addition, Intuit Inc saw 12.99% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INTU starting from Aujla Sandeep, who sale 4,000 shares at the price of $617.28 back on Oct 10 ’24. After this action, Aujla Sandeep now owns 452 shares of Intuit Inc, valued at $2,469,055 using the latest closing price.
Aujla Sandeep, the Officer of Intuit Inc, proposed sale 4,000 shares at $619.98 during a trade that took place back on Oct 10 ’24, which means that Aujla Sandeep is holding shares at $2,479,933 based on the most recent closing price.
Stock Fundamentals for INTU
Current profitability levels for the company are sitting at:
- 0.24 for the present operating margin
- 0.77 for the gross margin
The net margin for Intuit Inc stands at 0.18. The total capital return value is set at 0.16. Equity return is now at value 16.60, with 9.89 for asset returns.
Based on Intuit Inc (INTU), the company’s capital structure generated 0.25 points at debt to capital in total, while cash flow to debt ratio is standing at 0.81. The debt to equity ratio resting at 0.33. The interest coverage ratio of the stock is 14.32.
Currently, EBITDA for the company is 4.64 billion with net debt to EBITDA at 0.65. When we switch over and look at the enterprise to sales, we see a ratio of 12.34. The receivables turnover for the company is 12.37for trailing twelve months and the total asset turnover is 0.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
In a nutshell, Intuit Inc (INTU) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
