Intuit Inc Stock Today

INTU Stock  USD 650.00  1.26  0.19%   

Performance

3 of 100

 
Low
 
High
Insignificant

Odds Of Distress

Less than 3

 
100  
 
Zero
Very Low
Intuit is selling for under 650.00 as of the 28th of March 2024; that is 0.19% increase since the beginning of the trading day. The stock's last reported lowest price was 649.2. Intuit has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Intuit Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Software & Services
IPO Date
12th of March 1993
Category
Technology
Classification
Information Technology
Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company was founded in 1983 and is headquartered in Mountain View, California. The company has 279.98 M outstanding shares of which 3.77 M shares are currently shorted by private and institutional investors with about 2.9 trading days to cover. More on Intuit Inc

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Intuit Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Intuit's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Intuit or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Intuit's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Intuit's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
ChairmanWilliam Campbell
Thematic IdeaTechnology (View all Themes)
Old Nameintu properties plc
Business ConcentrationApplication Software, Software - Application, Information Technology, SP 500 Index, NASDAQ 100 Technology, Nasdaq 100, ISE Cloud Computing, NASDAQ 100 Pre, NASDAQ Composite, ARCA Institutional, NASDAQ Composite Total, Technology, Information Technology, Software, Software—Application, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Intuit report their recommendations after researching Intuit's financial statements, talking to executives and customers, or listening in on Intuit's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Intuit Inc. The Intuit consensus assessment is calculated by taking the average forecast from all of the analysts covering Intuit.
Financial Strength
Based on the key indicators related to Intuit's liquidity, profitability, solvency, and operating efficiency, Intuit Inc is doing better financially then in previous quarter. It has a moderate chance of reporting better financial numbers in April. Financial strength of Intuit Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06850.0772
Fairly Down
Slightly volatile
Asset Turnover0.860.59
Way Up
Slightly volatile
Gross Profit Margin0.650.7
Significantly Down
Slightly volatile
Total Current Liabilities4.6 B4.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total8.1 B7.7 B
Sufficiently Up
Slightly volatile
Total Assets33.5 B31.9 B
Sufficiently Up
Slightly volatile
Total Current Assets6.7 B6.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities6.1 B5.8 B
Sufficiently Up
Slightly volatile
Intuit's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Intuit's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Intuit's financial leverage. It provides some insight into what part of Intuit's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Intuit's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Intuit deploys its capital and how much of that capital is borrowed.
Liquidity
Intuit cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 6.6 B in liabilities with Debt to Equity (D/E) ratio of 0.46, which is about average as compared to similar companies. Intuit Inc has a current ratio of 1.36, which is within standard range for the sector. Debt can assist Intuit until it has trouble settling it off, either with new capital or with free cash flow. So, Intuit's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Intuit Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Intuit to invest in growth at high rates of return. When we think about Intuit's use of debt, we should always consider it together with cash and equity.

Capital Expenditures

183.63 Million
Intuit Inc (INTU) is traded on NASDAQ Exchange in USA. It is located in 2700 Coast Avenue, Mountain View, CA, United States, 94043 and employs 18,200 people. Intuit is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 181.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Intuit's market, we take the total number of its shares issued and multiply it by Intuit's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Intuit Inc conducts business under Software sector and is part of Information Technology industry. The entity has 279.98 M outstanding shares of which 3.77 M shares are currently shorted by private and institutional investors with about 2.9 trading days to cover. Intuit Inc currently holds about 3.28 B in cash with 5.05 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.64.
Check Intuit Probability Of Bankruptcy
Ownership Allocation
Intuit Inc has a total of 279.98 Million outstanding shares. The majority of Intuit Inc outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Intuit to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Intuit Inc. Please pay attention to any change in the institutional holdings of Intuit Inc as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Intuit Ownership Details

Intuit Stock Price Odds Analysis

Attributed to a normal probability distribution, the odds of Intuit jumping above the current price in 90 days from now is about 26.63%. The Intuit Inc probability density function shows the probability of Intuit stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.6765. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Intuit will likely underperform. Additionally, intuit Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 650.0HorizonTargetOdds Above 650.0
73.09%90 days
 650.00 
26.63%
Based on a normal probability distribution, the odds of Intuit to move above the current price in 90 days from now is about 26.63 (This Intuit Inc probability density function shows the probability of Intuit Stock to fall within a particular range of prices over 90 days) .

Intuit Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Intuit that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Intuit's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Intuit's value.
InstituionRecorded OnShares
Brown Advisory Holdings Inc2023-12-31
3.5 M
Norges Bank2023-12-31
3.4 M
Fisher Asset Management, Llc2023-12-31
3.1 M
Northern Trust Corp2023-12-31
3.1 M
State Farm Mutual Automobile Ins Co2023-12-31
3.1 M
Amvescap Plc.2023-12-31
M
Franklin Resources Inc2023-12-31
2.6 M
Nuveen Asset Management, Llc2023-12-31
2.5 M
Bank Of New York Mellon Corp2023-12-31
2.5 M
Vanguard Group Inc2023-12-31
25.8 M
Blackrock Inc2023-12-31
23.4 M
View Intuit Diagnostics

Intuit Historical Income Statement

Intuit Inc Income Statement is one of the three primary financial statements used for reporting Intuit's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Intuit Inc revenue and expense. Intuit Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Intuit's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 9.8 B in 2024, whereas Non Recurring is likely to drop slightly above 97.5 M in 2024. View More Fundamentals

Intuit Stock Against Markets

Picking the right benchmark for Intuit stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Intuit stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Intuit is critical whether you are bullish or bearish towards Intuit Inc at a given time. Please also check how Intuit's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Intuit without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Intuit Corporate Directors

Intuit corporate directors refer to members of an Intuit board of directors. The board of directors generally takes responsibility for the Intuit's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Intuit's board members must vote for the resolution. The Intuit board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Jeffrey WeinerIndependent DirectorProfile
Raul VazquezDirectorProfile
Suzanne JohnsonIndependent DirectorProfile
Thomas SzkutakIndependent DirectorProfile

How to buy Intuit Stock?

Before investing in Intuit, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Intuit. To buy Intuit stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Intuit. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Intuit stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Intuit Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Intuit Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Intuit Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Intuit Stock please use our How to Invest in Intuit guide.

Already Invested in Intuit Inc?

The danger of trading Intuit Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Intuit is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Intuit. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Intuit Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Intuit Inc is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Intuit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Intuit Inc Stock. Highlighted below are key reports to facilitate an investment decision about Intuit Inc Stock:
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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

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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
9.8
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.