Intuit Inc (NASDAQ: INTU) has a price-to-earnings ratio of 62.15x that is above its average ratio. Additionally, the 36-month beta value for INTU is 1.24. There are mixed opinions on the stock, with 16 analysts rating it as a “buy,” 7 rating it as “overweight,” 11 rating it as “hold,” and 2 rating it as “sell.”
The public float for INTU is 273.07M and currently, short sellers hold a 1.41% ratio of that float. The average trading volume of INTU on November 27, 2024 was 1.44M shares.
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
INTU) stock’s latest price update
Intuit Inc (NASDAQ: INTU)’s stock price has increased by 0.66 compared to its previous closing price of 634.62. However, the company has seen a -0.83% decrease in its stock price over the last five trading sessions. businesswire.com reported 2024-11-26 that MOUNTAIN VIEW, Calif.–(BUSINESS WIRE)–Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, announced today that Mark Notarainni, executive vice president and general manager of Intuit’s Consumer Group, will present at the Wells Fargo 8th Annual TMT Summit on December 4, 2024. The fireside chat will begin at 3:00 p.m. Pacific Time (6:00 p.m. Eastern Time) and will be available live via audio webcast on Intuit’.
INTU’s Market Performance
Intuit Inc (INTU) has experienced a -0.83% fall in stock performance for the past week, with a 4.37% rise in the past month, and a 3.53% rise in the past quarter. The volatility ratio for the week is 3.27%, and the volatility levels for the past 30 days are at 2.59% for INTU. The simple moving average for the past 20 days is -2.88% for INTU’s stock, with a 0.80% simple moving average for the past 200 days.
Analysts’ Opinion of INTU
Many brokerage firms have already submitted their reports for INTU stocks, with Scotiabank repeating the rating for INTU by listing it as a “Sector Perform.” The predicted price for INTU in the upcoming period, according to Scotiabank is $700 based on the research report published on November 19, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see INTU reach a price target of $760, previously predicting the price at $700. The rating they have provided for INTU stocks is “Outperform” according to the report published on August 23rd, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to INTU, setting the target price at $685 in the report published on August 14th of the current year.
INTU Trading at 0.69% 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 -10.63% of loss for the given period.
Volatility was left at 2.59%, however, over the last 30 days, the volatility rate increased by 3.27%, as shares surge +2.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.93% lower at present.
During the last 5 trading sessions, INTU fell by -0.83%, which changed the moving average for the period of 200-days by -2.76% in comparison to the 20-day moving average, which settled at $657.77. In addition, Intuit Inc saw 2.21% 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 SCOTT D. COOK & HELEN SIGNE OS, who proposed sale 78,164 shares at the price of $640.12 back on Nov 25 ’24. After this action, SCOTT D. COOK & HELEN SIGNE OS now owns shares of Intuit Inc, valued at $50,034,340 using the latest closing price.
Aujla Sandeep, the EVP and CFO of Intuit Inc, sale 4,000 shares at $617.28 during a trade that took place back on Oct 10 ’24, which means that Aujla Sandeep is holding 452 shares at $2,469,055 based on the most recent closing price.
Stock Fundamentals for INTU
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.78 for the gross margin
The net margin for Intuit Inc stands at 0.18. The total capital return value is set at 0.15. Equity return is now at value 16.62, with 9.46 for asset returns.
Based on Intuit Inc (INTU), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.77. The debt to equity ratio resting at 0.38. The interest coverage ratio of the stock is 14.26.
Currently, EBITDA for the company is 4.58 billion with net debt to EBITDA at 0.94. When we switch over and look at the enterprise to sales, we see a ratio of 11.03. The receivables turnover for the company is 12.33for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.24.
Conclusion
In conclusion, Intuit Inc (INTU) has seen better performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others rating it 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.
