Intuit Inc (NASDAQ: INTU) is -4.47% 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 $603.11 in the last trading session, with the day’s loss setting it -2.69%.
Currently trading at $600.42, the stock is 0.88% and 0.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing -0.45% at the moment leaves the stock -3.88% off its SMA200. INTU registered -4.75% loss for a year compared to 6-month loss of -6.89%. The firm has a 50-day simple moving average (SMA 50) of $597.4644 and a 200-day simple moving average (SMA200) of $624.6831.
The stock witnessed a 3.13% gain in the last 1 month and extending the period to 3 months gives it a -10.59%, and is 3.29% 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 1.99% over the week and 3.00% over the month.
Intuit Inc (INTU) has around 18800 employees, a market worth around $167.85B and $17.17B in sales. Current P/E ratio is 56.11 and Fwd P/E is 27.04. Profit margin for the company is 17.69%. Distance from 52-week low is 8.53% and -16.00% 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.
2770.0 institutions hold shares in Intuit Inc (INTU), with institutional investors hold 90.25% of the company’s shares. The shares outstanding are 279.74M, and float is at 272.94M with Short Float at 1.84%. Institutions hold 87.96% of the Float.
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
Intuit Inc disclosed in a document filed with the SEC on Mar 11 ’25 that COOK SCOTT D (Founder) sold a total of 8,963 shares of the company’s common stock. The trade occurred on Mar 11 ’25 and was made at $585.28 per share for $5.25 million. Following the transaction, the insider now directly holds 6.14 million shares of the INTU stock.
Still, SEC filings show that on Mar 10 ’25, COOK SCOTT D (Founder) disposed off 75,000 shares at an average price of $583.62 for $43.77 million. The insider now directly holds 6,144,900 shares of Intuit Inc (INTU).
