Intuit Inc Stock Price on May 8, 2024
INTU Stock | USD 661.18 7.81 1.20% |
Below is the normalized historical share price chart for Intuit Inc extending back to March 12, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Intuit stands at 661.18, as last reported on the 19th of May, with the highest price reaching 661.69 and the lowest price hitting 654.72 during the day.
If you're considering investing in Intuit Stock, it is important to understand the factors that can impact its price. We consider Intuit very steady. Intuit Inc holds Efficiency (Sharpe) Ratio of 0.0334, which attests that the entity had a 0.0334% return per unit of risk over the last 3 months. We have found thirty technical indicators for Intuit Inc, which you can use to evaluate the volatility of the firm. Please check out Intuit's Market Risk Adjusted Performance of 0.0172, risk adjusted performance of 0.0149, and Downside Deviation of 1.54 to validate if the risk estimate we provide is consistent with the expected return of 0.0496%.
At this time, Intuit's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 33.5 B in 2024, whereas Common Stock is likely to drop slightly above 3 M in 2024. . At this time, Intuit's Price Earnings Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 3.82 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 31.13 in 2024. Intuit Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of March 1993 | 200 Day MA 584.6713 | 50 Day MA 633.9604 | Beta 1.22 |
Intuit |
Sharpe Ratio = 0.0334
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Estimated Market Risk
1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Intuit is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Intuit by adding it to a well-diversified portfolio.
Price Book 10.0741 | Enterprise Value Ebitda 40.1072 | Price Sales 11.2849 | Shares Float 271.8 M | Dividend Share 3.36 |
Intuit Main Headline on 8th of May 2024
Earnings call Lyft reports strong Q1 growth, positive cash f... by investing.com
Earnings call Lyft reports strong Q1 growth, positive cash flow
Intuit Valuation on May 8, 2024
It is possible to determine the worth of Intuit on a given historical date. On May 8, 2024 Intuit was worth 641.15 at the beginning of the trading date compared to the closed value of 632.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Intuit stock. Still, in general, we apply an absolute valuation method to find Intuit's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Intuit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Intuit's related companies.
Open | High | Low | Close | Volume | |
635.09 | 641.61 | 631.31 | 641.15 | 757,700 | |
05/08/2024 | 641.15 | 641.43 | 629.53 | 632.43 | 889,500 |
632.43 | 633.88 | 624.21 | 626.86 | 1,291,377 |
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Intuit Trading Date Momentum on May 8, 2024
On May 09 2024 Intuit Inc was traded for 626.86 at the closing time. The top price for the day was 633.88 and the lowest listed price was 624.21 . The trading volume for the day was 1.3 M. The trading history from May 9, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.88% . The trading delta at closing time against the current closing price is 3.61% . |
Intuit Inc Fundamentals Correlations and Trends
By evaluating Intuit's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Intuit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Intuit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Intuit Stock history
Intuit investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Intuit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Intuit Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Intuit stock prices may prove useful in developing a viable investing in Intuit
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 254.7 M | 250.4 M | |
Net Income Applicable To Common Shares | 2.7 B | 2.9 B |
Intuit Quarterly Net Working Capital |
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Intuit Stock Technical Analysis
Intuit technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Intuit Period Price Range
Low | May 8, 2024
| High |
641.15 | 632.43 |
Intuit May 19, 2024 Market Strength
Market strength indicators help investors to evaluate how Intuit stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Intuit shares will generate the highest return on investment. By undertsting and applying Intuit stock market strength indicators, traders can identify Intuit Inc entry and exit signals to maximize returns
Accumulation Distribution | 16502.27 | |||
Daily Balance Of Power | (0.73) | |||
Rate Of Daily Change | 0.99 | |||
Day Median Price | 635.48 | |||
Day Typical Price | 634.46 | |||
Price Action Indicator | (7.41) | |||
Period Momentum Indicator | 28.75 | |||
Relative Strength Index | 56.82 |
Intuit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Intuit's price direction in advance. Along with the technical and fundamental analysis of Intuit Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Intuit to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.0149 | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.21) | |||
Sortino Ratio | (0.05) | |||
Treynor Ratio | 0.0072 |
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Price Transform | ||
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Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Intuit Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Intuit Stock analysis
When running Intuit's price analysis, check to measure Intuit's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Intuit is operating at the current time. Most of Intuit's value examination focuses on studying past and present price action to predict the probability of Intuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Intuit's price. Additionally, you may evaluate how the addition of Intuit to your portfolios can decrease your overall portfolio volatility.
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Is Intuit's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Intuit. If investors know Intuit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Intuit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Dividend Share 3.36 | Earnings Share 9.79 | Revenue Per Share 53.811 | Quarterly Revenue Growth 0.41 |
The market value of Intuit Inc is measured differently than its book value, which is the value of Intuit that is recorded on the company's balance sheet. Investors also form their own opinion of Intuit's value that differs from its market value or its book value, called intrinsic value, which is Intuit's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Intuit's market value can be influenced by many factors that don't directly affect Intuit's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Intuit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intuit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intuit's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.