A share price of Intuit Inc [INTU] is currently trading at $670.49, up 0.48%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The INTU shares have gain 5.30% over the last week, with a monthly amount glided 5.24%, and seem to be holding up well over a long-time horizon.
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
From an analyst’s perspective:
Intuit Inc [NASDAQ: INTU] stock has seen the most recent analyst activity on August 14, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $685 from $750. Previously, RBC Capital Mkts started tracking the stock with Outperform rating on July 03, 2024, and set its price target to $760. On June 13, 2024, Jefferies reiterated its Buy rating but maintained its price target of $770 on the stock. Susquehanna started tracking the stock assigning a Positive rating and suggested a price target of $700 on December 15, 2023. HSBC Securities initiated its recommendation with a Hold and recommended $520 as its price target on September 29, 2023. Exane BNP Paribas upgraded its rating to Neutral for this stock on July 19, 2023, but kept the price target unchanged to $532. In a note dated April 24, 2023, Atlantic Equities initiated an Overweight rating and provided a target price of $530 on this stock.
Intuit Inc experienced fluctuations in its stock price throughout the past year between $473.56 and $676.62. Currently, Wall Street analysts expect the stock to reach $657.35 within the next 12 months. Intuit Inc [NASDAQ: INTU] shares were valued at $670.49 at the most recent close of the market. An investor can expect a potential drop of -1.96% based on the average INTU price forecast.
Analyzing the INTU fundamentals
Trailing Twelve Months sales for Intuit Inc [NASDAQ:INTU] were 15.81B which represents 11.95% growth. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.24%, Pretax Profit Margin comes in at 0.23%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.18 and Total Capital is 0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.32.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 666.13 points at the first support level, and at 661.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 673.70, and for the 2nd resistance point, it is at 676.91.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Intuit Inc [NASDAQ:INTU] is 1.50. As well, the Quick Ratio is 1.50, while the Cash Ratio is 0.68. Considering the valuation of this stock, the price to sales ratio is 11.85, the price to book ratio is 10.00 and price to earnings (TTM) ratio is 61.96.
Transactions by insiders
Recent insider trading involved Aujla Sandeep, EVP and CFO, that happened on Jul 03 ’24 when 1061.0 shares were sold. EVP, Consumer Group, Notarainni Mark P. completed a deal on Jul 02 ’24 to sell 965.0 shares. Meanwhile, EVP, Consumer Group Notarainni Mark P. sold 466.0 shares on Jul 03 ’24.
