Intuit Inc (INTU) EPS is poised to hit 9.38 next quarter: How Investors Can Make It Count the Most?

Intuit Inc (NASDAQ: INTU) started the day on Wednesday, with a price decrease of -2.44% at $628.36, before settling in for the price of $644.09 at the close. Taking a more long-term approach, INTU posted a 52-week range of $400.22-$671.01.

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It was noted that the giant of the Technology sector posted annual sales growth of 19.25% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 10.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 14.02%. This publicly-traded company’s shares outstanding now amounts to $280.42 million, simultaneously with a float of $272.02 million. The organization now has a market capitalization sitting at $175.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $646.46, while the 200-day Moving Average is $564.59.

Intuit Inc (INTU) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Intuit Inc’s current insider ownership accounts for 2.84%, in contrast to 85.82% institutional ownership. According to the most recent insider trade that took place on Mar 20 ’24, this organization’s EVP, Chief Technology Officer sold 280 shares at the rate of 636.38, making the entire transaction reach 178,246 in total value, affecting insider ownership by 0. Preceding that transaction, on Feb 27 ’24, Company’s EVP, Gen. Counsel & Corp.Sec. sold 3,692 for 663.84, making the whole transaction’s value amount to 2,450,892. This particular insider is now the holder of 22,948 in total.

Intuit Inc (INTU) Earnings and Revenue Records

In the latest quarterly report released, which was put into the public domain on 1/30/2024, the organization reported $2.63 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $2.3) by $0.33. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.93 per share during the current fiscal year.

Intuit Inc’s EPS increase for this current 12-month fiscal period is 14.02% and is forecasted to reach 19.03 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 14.39% through the next 5 years, which can be compared against the 10.59% growth it accomplished over the previous five years trading on the market.

Intuit Inc (NASDAQ: INTU) Trading Performance Indicators

Let’s observe the current performance indicators for Intuit Inc (INTU). It’s Quick Ratio in the last reported quarter now stands at 1.17. The Stock has managed to achieve an average true range (ATR) of 14.02. Alongside those numbers, its PE Ratio stands at $64.23, and its Beta score is 1.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 11.66. Similarly, its price to free cash flow for trailing twelve months is now 37.63.

In the same vein, INTU’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 9.78, a figure that is expected to reach 9.38 in the next quarter, and analysts are predicting that it will be 19.03 at the market close of one year from today.

Technical Analysis of Intuit Inc (INTU)

If we take a close look at the recent performances of Intuit Inc (NASDAQ: INTU), its last 5-days Average volume was 1.15 million that shows plunge from its year to date volume of 1.25 million. During the previous 9 days, stock’s Stochastic %D was recorded 54.55% While, its Average True Range was 14.11.

Raw Stochastic average of Intuit Inc (INTU) in the period of the previous 100 days is set at 63.96%, which indicates a major rise in contrast to 20.70% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.32% that was higher than 21.88% volatility it exhibited in the past 100-days period.