Analysis of Intuit Inc (INTU)’s performance, earnings and valuation

Intuit Inc [INTU] stock prices are up 2.29% to $671.50 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The INTU shares have gain 3.85% over the last week, with a monthly amount drifted -4.18%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Intuit Inc [NASDAQ: INTU] stock has seen the most recent analyst activity on November 19, 2024, when Scotiabank initiated its Sector Perform rating and assigned the stock a price target of $700. Previously, BMO Capital Markets reaffirmed its Outperform rating on August 23, 2024, and elevated its price target to $760. On August 14, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $685 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $760 on July 03, 2024. Jefferies reiterated its recommendation of a Buy but $770 remained the price target by the analyst firm on June 13, 2024. Susquehanna started tracking with a Positive rating for this stock on December 15, 2023, and assigned it a price target of $700. In a note dated September 29, 2023, HSBC Securities initiated an Hold rating and provided a target price of $520 on this stock.

The stock price of Intuit Inc [INTU] has been fluctuating between $557.29 and $714.78 over the past year. Currently, Wall Street analysts expect the stock to reach $744 within the next 12 months. Intuit Inc [NASDAQ: INTU] shares were valued at $671.50 at the most recent close of the market. An investor can expect a potential return of 10.8% based on the average INTU price forecast.

Analyzing the INTU fundamentals

The Intuit Inc [NASDAQ:INTU] reported sales of 16.59B for trailing twelve months, representing a surge of 10.24%. Gross Profit Margin for this corporation currently stands at 0.78% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.18%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.16 and Total Capital is 0.15. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.38.

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 661.22 points at the first support level, and at 650.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 677.35, and for the 2nd resistance point, it is at 683.20.

Ratios To Look Out For

It’s worth pointing out that Intuit Inc [NASDAQ:INTU]’s Current Ratio is 1.24. On the other hand, the Quick Ratio is 1.24, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 11.06, the price to book ratio is 10.37 and price to earnings (TTM) ratio is 65.32.

Transactions by insiders

Recent insider trading involved Balazs Alex G., EVP, Chief Technology Officer, that happened on Dec 12 ’24 when 23810.0 shares were sold. Officer, Balazs Alex G. completed a deal on Dec 12 ’24 to buy 23810.0 shares. Meanwhile, EVP, People and Places FENNELL LAURA A sold 7700.0 shares on Dec 10 ’24.

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