A new trading day began on May 23, 2023, with Intuit Inc. (NASDAQ: INTU) stock priced at $455.58, down -0.95% from the previous day of trading. During the day, the shares moved up to $460.75 and dropped to $449.80 before settling in for the closing price of $454.11. INTU’s price has ranged from $352.63 to $490.83 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Annual sales at Technology sector company grew by 19.60% over the past five years. Meanwhile, its annual earnings per share averaged -3.70%. With a float of $272.91 million, this company’s outstanding shares have now reached $281.00 million.
Let’s look at the performance matrix of the company that is accounted for 17300 employees. In terms of profitability, gross margin is +77.82, operating margin of +20.70, and the pretax margin is +19.97.
Intuit Inc. (INTU) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Intuit Inc. is 0.20%, while institutional ownership is 87.00%. The most recent insider transaction that took place on Mar 07, was worth 1,872,647. In this transaction Director of this company sold 4,539 shares at a rate of $412.57, taking the stock ownership to the 0 shares. Before that another transaction happened on Mar 07, when Company’s SVP, Chief Accounting Officer sold 500 for $413.16, making the entire transaction worth $206,580. This insider now owns 1,781 shares in total.
Intuit Inc. (INTU) Latest Financial update
In its latest quarterly report, released on 1/30/2023, the company reported earnings of $2.2 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of +16.23 while generating a return on equity of 15.71. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.66% during the next five years compared to 14.00% growth over the previous five years of trading.
Intuit Inc. (NASDAQ: INTU) Trading Performance Indicators
Here are Intuit Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.26. Likewise, its price to free cash flow for the trailing twelve months is 39.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.81, a number that is poised to hit 1.51 in the next quarter and is forecasted to reach 15.61 in one year’s time.
Technical Analysis of Intuit Inc. (INTU)
Intuit Inc. (NASDAQ: INTU) saw its 5-day average volume 1.78 million, a positive change from its year-to-date volume of 1.55 million. As of the previous 9 days, the stock’s Stochastic %D was 88.23%. Additionally, its Average True Range was 11.75.
During the past 100 days, Intuit Inc.’s (INTU) raw stochastic average was set at 86.18%, which indicates a significant increase from 78.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.26% in the past 14 days, which was lower than the 32.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $432.66, while its 200-day Moving Average is $416.44. Nevertheless, the first resistance level for the watch stands at $457.10 in the near term. At $464.40, the stock is likely to face the second major resistance level. The third major resistance level sits at $468.05. If the price goes on to break the first support level at $446.15, it is likely to go to the next support level at $442.50. The third support level lies at $435.20 if the price breaches the second support level.
Intuit Inc. (NASDAQ: INTU) Key Stats
With a market capitalization of 126.65 billion, the company has a total of 280,546K Shares Outstanding. Currently, annual sales are 12,726 M while annual income is 2,066 M. The company’s previous quarter sales were 3,041 M while its latest quarter income was 168,000 K.
