Intuit Inc (INTU) 20 Days SMA touches 0.70%: The odds favor the bear

On Tuesday, Intuit Inc (NASDAQ: INTU) was -0.03% drop from the session before settling in for the closing price of $619.01. A 52-week range for INTU has been $494.35 – $676.62.

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

Technology Sector giant saw their annual sales surged by 19.40% over the last five years. 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.

The firm has a total of 18800 workers. Let’s measure their productivity. 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 Activity

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 84.99%. 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) Earnings and Forecasts

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 10.65. Likewise, its price to free cash flow for the trailing twelve months is 37.43.

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)

Analysing the last 5-days average volume posted by the [Intuit Inc, INTU], we can find that recorded value of 1.34 million was better than the volume posted last year of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 66.76%. Additionally, its Average True Range was 11.77.

During the past 100 days, Intuit Inc’s (INTU) raw stochastic average was set at 36.80%, which indicates a significant decrease from 64.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.78% in the past 14 days, which was lower than the 25.08% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $622.72, while its 200-day Moving Average is $631.65. Now, the first resistance to watch is $623.84. This is followed by the second major resistance level at $628.84. The third major resistance level sits at $635.41. If the price goes on to break the first support level at $612.27, it is likely to go to the next support level at $605.70. Should the price break the second support level, the third support level stands at $600.70.

Intuit Inc (NASDAQ: INTU) Key Stats

There are 280,292K outstanding shares of the company, which has a market capitalization of 173.45 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.