Intuit Inc (NASDAQ: INTU) is -3.52% lower on its value in year-to-date trading and has touched a low of $553.24 and a high of $714.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The INTU stock was last observed hovering at around $617.51 in the last trading session, with the day’s loss setting it -11.14%.
Currently trading at $606.37, the stock is 2.93% and 0.16% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.67 million and changing -1.80% at the moment leaves the stock -3.18% off its SMA200. INTU registered -9.28% loss for a year compared to 6-month loss of -2.95%.
The stock witnessed a 2.48% gain in the last 1 month and extending the period to 3 months gives it a -4.37%, and is 0.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.16% over the week and 2.70% over the month.
Intuit Inc (INTU) has around 18800 employees, a market worth around $169.52B and $17.17B in sales. Current P/E ratio is 56.66 and Fwd P/E is 27.31. Profit margin for the company is 17.69%. Distance from 52-week low is 9.60% and -15.17% from its 52-week high. The company has generated returns on investments over the last 12 months (12.51%).
with sales reaching $7.57B over the same period.The EPS is expected to grow by 14.43% this year, but quarterly earnings will post 12.72% year-over-year. Quarterly sales are estimated to grow 12.41% in year-over-year returns.
The shares outstanding are 279.74M, and float is at 272.87M with Short Float at 1.29%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 26.49 million shares valued at $17.41 billion. The investor’s holdings represent 9.4591 of the INTU Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 24.39 million shares valued at $16.03 billion to account for 8.7103 of the shares outstanding. The other top investors are STATE STREET CORP which holds 12.1 million shares representing 4.3197 and valued at over $7.95 billion, while JPMORGAN CHASE & CO holds 3.5493 of the shares totaling 9.94 million with a market value of $6.53 billion.
Intuit Inc (INTU) Insider Activity
The most recent transaction is an insider sale by COOK SCOTT D, the company’s Founder. SEC filings show that COOK SCOTT D sold 6,446 shares of the company’s common stock on Feb 28 ’25 at a price of $604.26 per share for a total of $3.9 million. Following the sale, the insider now owns 6.22 million shares.
Intuit Inc disclosed in a document filed with the SEC on Feb 27 ’25 that COOK SCOTT D (Founder) sold a total of 75,000 shares of the company’s common stock. The trade occurred on Feb 27 ’25 and was made at $611.54 per share for $45.87 million. Following the transaction, the insider now directly holds 6.23 million shares of the INTU stock.
Still, SEC filings show that on Feb 27 ’25, SCOTT D. COOK & HELEN SIGNE OS (Director) Proposed Sale 81,446 shares at an average price of $625.51 for $50.95 million. The insider now directly holds shares of Intuit Inc (INTU).
