Intuit Inc (NASDAQ:INTU) shares traded 1.75% up during most recent session to reach at the closing price of $224.83. The stock exchanged hands 1.4 Million shares versus average trading capacity of 1.8 Million shares, yielding a market cap of $57.34 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $229.25 within the next 52-weeks. The mean target projections are based on 16 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Intuit Inc (NASDAQ:INTU) high price target of $255 and with a conservative view have low price target of $160.
Morgan Stanley “Upgrades” Intuit Inc (NASDAQ:INTU) in a research note issued to investors on 2/04/19 to Equal-Weight with price target of $0.
Additionally on 2/01/19 Goldman Sachs “Reinstates” Intuit Inc (NASDAQ:INTU) to Neutral setting price target at $212 and on 12/18/18 KeyBanc “Initiates Coverage On” the stock to Overweight at $250. Furthermore on 12/13/18 JP Morgan “Downgrades” the stock to Underweight at $0.
On the other hand the company has Relative Strength Index (RSI 14) of 65.26 along with Average True Range (ATR 14) of 4.97, Consequently Intuit Inc (NASDAQ:INTU)’s weekly and monthly volatility is 2.18%, 2.09% respectively. The company’s beta value is at 1.15.
In terms of Buy, Sell or Hold recommendations, Intuit Inc (NASDAQ:INTU) has analysts’ mean recommendation of 2.2. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Intuit Inc (NASDAQ:INTU)’s minimum EPS for the current quarter is at $0.82 and can go high up to $0.89. The consensus mean EPS for the current quarter is at $0.87 derived from a total of 19 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.35 earnings per share for the same quarter during last year.
Previously Intuit Inc (NASDAQ:INTU) reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.18. The company posted an earnings surprise of 163.6%.
Intuit Inc (NASDAQ:INTU)’s revenue estimates for the current quarter are $1.48 Billion according to 15 number of analysts, for the current quarter the company has high revenue estimates of $1.49 Billion in contradiction of low revenue estimates of $1.44 Billion. For the current year the company’s revenue estimates are $6.62 Billion compared to low analyst estimates of $6.58 Billion and high estimates of $6.69 Billion according to 17 number of analysts.
Currently Intuit Inc (NASDAQ:INTU)’s shares owned by insiders are 0.2%, whereas shares owned by institutional owners are 90.7%. However the six-month change in the insider ownership was recorded -63.79%, as well as three-month change in the institutional ownership was recorded 1.1%.
Intuit Inc (NASDAQ:INTU)’s trailing twelve month revenues are $6.09 Billion, whereas its price to sales ratio for the same period is 9.41. Its book value per share for the most recent quarter is $10.7 while its price to book ratio for the same period is 21.01, as for as the company’s cash per share for the most recent quarter is $5.22, however its price to cash per share ratio for the same period is 43.05. The stock has 5 year expected PEG ratio of 3.1 whereas its trailing twelve month P/E ratio is 45.15.