Intuit Inc (INTU) concluded trading on Wednesday at a closing price of $625.51, with 4.67 million shares of worth about $2.92 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.91% during that period and on Wednesday the price saw a gain of about 12.58%. Currently the company’s common shares owned by public are about 279.74M shares, out of which, 273.13M shares are available for trading.
Stock saw a price change of 7.44% in past 5 days and over the past one month there was a price change of 3.11%. Year-to-date (YTD), INTU shares are showing a performance of -0.48% which decreased to -5.20% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $553.24 but also hit the highest price of $714.78 during that period. The average intraday trading volume for Intuit Inc shares is 1.69 million. The stock is currently trading 6.70% above its 20-day simple moving average (SMA20), while that difference is up 2.22% for SMA50 and it goes to -0.28% lower than SMA200.
Intuit Inc (NASDAQ: INTU) currently have 279.74M outstanding shares and institutions hold larger chunk of about 84.98% of that.
The stock has a current market capitalization of $175.09B and its 3Y-monthly beta is at 1.29. PE ratio of stock for trailing 12 months is 58.45, while it has posted earnings per share of $10.70 in the same period. Its PEG reads 4.20 and has Quick Ratio of 1.27 while making debt-to-equity ratio of 0.38. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for INTU, volatility over the week remained 2.95% while standing at 2.41% over the month.
Stock’s fiscal year EPS is expected to rise by 14.44% while it is estimated to increase by 14.18% in next year. EPS is likely to grow at an annualized rate of 13.93% for next 5-years, compared to annual growth of 12.08% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on February 26, 2025 offering an Overweight rating for the stock and assigned a target price of $730 to it. On January 15, 2025, Exane BNP Paribas Downgrade their recommendations, while on November 19, 2024, Scotiabank Initiated their ratings for the stock with a price target of $700. Stock get an Outperform rating from BMO Capital Markets on August 23, 2024.
