On Friday, Intuit Inc (NASDAQ: INTU) was 0.67% up from the session before settling in for the closing price of $609.23. A 52-week range for INTU has been $473.56 – $676.62.
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A company in the Technology sector has jumped its sales by 19.40% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 14.16%. With a float of $273.32 million, this company’s outstanding shares have now reached $280.27 million.
In an organization with 18800 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 77.23%, operating margin of 23.66%, and the pretax margin is 21.8%.
Intuit Inc (INTU) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Intuit Inc stocks. The insider ownership of Intuit Inc is 2.49%, while institutional ownership is 85.16%. The most recent insider transaction that took place on Oct 10 ’24, was worth 2,469,055. In this transaction EVP and CFO of this company sold 4,000 shares at a rate of $617.28, taking the stock ownership to the 452 shares. Before that another transaction happened on Oct 10 ’24, when Company’s Officer proposed sale 4,000 for $619.98, making the entire transaction worth $2,479,933.
Intuit Inc (INTU) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 7/31/2024, it has been observed that the corporation posted 2.47 earnings per share (EPS) during the time that was better than consensus figure (set at 1.98) by 0.49. Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.2 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.58% during the next five years compared to 12.08% growth over the previous five years of trading.
Intuit Inc (NASDAQ: INTU) Trading Performance Indicators
You can see what Intuit Inc (INTU) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 10.56. Likewise, its price to free cash flow for the trailing twelve months is 37.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 10.44, a number that is poised to hit 2.36 in the next quarter and is forecasted to reach 22.21 in one year’s time.
Technical Analysis of Intuit Inc (INTU)
Let’s dig in a bit further. During the last 5-days, its volume was 1.16 million. That was inferior than the volume of 1.33 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 44.85%. Additionally, its Average True Range was 11.74.
During the past 100 days, Intuit Inc’s (INTU) raw stochastic average was set at 47.66%, which indicates a significant decrease from 57.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.40% in the past 14 days, which was lower than the 27.65% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $630.40, while its 200-day Moving Average is $631.21. However, in the short run, Intuit Inc’s stock first resistance to watch stands at $619.12. Second resistance stands at $624.94. The third major resistance level sits at $634.45. If the price goes on to break the first support level at $603.79, it is likely to go to the next support level at $594.28. The third support level lies at $588.46 if the price breaches the second support level.
Intuit Inc (NASDAQ: INTU) Key Stats
There are 279,547K outstanding shares of the company, which has a market capitalization of 171.90 billion. As of now, sales total 16,285 M while income totals 2,963 M. Its latest quarter income was 3,184 M while its last quarter net income were -20,000 K.
