Intuit Inc (NASDAQ: INTU) on Tuesday, plunged -5.10% from the previous trading day, before settling in for the closing price of $678.81. Within the past 52 weeks, INTU’s price has moved between $557.29 and $714.78.
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
A company in the Technology sector has jumped its sales by 19.40% annually for the last half of the decade. The company achieved an average annual earnings per share of 14.14%. 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 77.99%, operating margin of 22.29%, and the pretax margin is 21.8%.
Intuit Inc (INTU) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Intuit Inc is 2.49%, while institutional ownership is 84.26%. 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
According to the Wall Street analysts, stocks earnings will be around 14.14% 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
Intuit Inc (INTU) is currently performing well based on its current performance indicators. A quick ratio of 1.29 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.08. Likewise, its price to free cash flow for the trailing twelve months is 38.94.
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 1.83 million. That was better than the volume of 1.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 46.16%. Additionally, its Average True Range was 17.59.
During the past 100 days, Intuit Inc’s (INTU) raw stochastic average was set at 39.94%, which indicates a significant increase from 36.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.57% in the past 14 days, which was higher than the 27.80% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $634.32, while its 200-day Moving Average is $633.76. However, in the short run, Intuit Inc’s stock first resistance to watch stands at $649.89. Second resistance stands at $655.62. The third major resistance level sits at $664.36. If the price goes on to break the first support level at $635.42, it is likely to go to the next support level at $626.68. The third support level lies at $620.95 if the price breaches the second support level.
Intuit Inc (NASDAQ: INTU) Key Stats
Market capitalization of the company is 180.45 billion based on 280,292K outstanding shares. Right now, sales total 16,285 M and income totals 2,963 M. The company made 3,184 M in profit during its latest quarter, and -20,000 K in sales during its previous quarter.
