Intuit stock: buy or sell?

INTU stock price: $246.08 0.98% At close on May 21st, 2019

Updated on:
May 21st, 2019

4

Intuit shares raised 0.98% to $246.08 today.

Intuit Inc. provides financial management and compliance products and services for small businesses, consumers, self-employed, and accounting professionals in the United States and internationally.

Should I buy Intuit stock?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. That's why is so important to choose your own trading strategy that fits your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Intuit stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Intuit stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 15 ratings published for INTU stock in the last 30 days.

Is INTU a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-5-16Morgan Stanleyn/aEqual Weight
2019-4-26KeyCorpOverweightOverweight
2019-4-2Royal Bank of Canadan/aOutperform
2019-4-2KeyCorpOverweightOverweight
2019-4-12Deutsche BankBuyAverage
2019-4-12Deutsche BankBuyBuy
2019-3-6Bank of AmericaBuyBuy
2019-3-29Exane BNP Paribasn/aUnderperform
2019-3-29BNP ParibasUnderperformUnderperform
2019-3-27Oppenheimern/aOutperform
2019-3-25Morgan StanleyEqual WeightEqual Weight
2019-2-4Raymond JamesUnderweightEqual Weight
2019-2-4Morgan StanleyUnderweightEqual Weight
2019-2-22Citigroupn/aOutperform
2019-2-1Goldman Sachs GroupNeutralNeutral

Intuit stock analysis

Daily outlook

Shares of Intuit raised a tiny 0.98% and closed at $246.08.

Shares of Intuit ended today at $246.08 and raised a tiny 0.98%. Since last January when INTU stock price broke up the SMA200d line, it gained $43.79 (21.65%). Since February when SMA50d and SMA100d crossed up, INTU price slipped $-4.41 per share (-1.76%). On April, INTU hit a new all time high, pushing higher than on April tops. Check different trading setups that use ATHs as triggers.

INTU stock chart (daily)

Weekly outlook

Intuit shares stayed steady 0.26% this week, ending at $246.08.

INTU shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $236.03 last week. Previous top ($271.65) will play as a resistance in possible new gains. Not so far away is the last price record Intuit marked early April. Since early January when INTU stock price broke up the SMA40w line, it gained $50.88 (26.07%).

INTU stock chart (weekly)

Intuit stock price history

Intuit IPO was on March 12th, 1993 at $2.11 per share1. Since then, INTU stock surged a 11,562.60%, with an average of 444.70% per year. If you had invested right after INTU's IPO a $1,000 in Intuit stock in 1993, it would worth $115,626.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Intuit stock historical price chart

INTU stock reached all-time highs on April with a price of $271.65.

Intuit stock price target is $253.70

How much a stock will be priced tomorrow or next week is quite unpredictable However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 13 price forecasts for INTU stock:
INTU stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-5-16Morgan StanleyLowers Target$245.00$239.00-2.4%
2019-4-26KeyCorpLowers Target$285.00$280.00-1.8%
2019-4-2Royal Bank of CanadaRaises Target$274.00$290.005.8%
2019-4-2KeyCorpReiterates$255.00$285.0011.8%
2019-4-12Deutsche BankReiterates$270.00$280.003.7%
2019-4-12Deutsche BankRaises Target$270.00$280.003.7%
2019-3-6Bank of AmericaReiterates$252.00$264.004.8%
2019-3-29Exane BNP ParibasInitiatesn/a$200.00-
2019-3-29BNP ParibasInitiatesn/a$200.00-
2019-3-27OppenheimerRaises Target$254.00$269.005.9%
2019-3-25Morgan StanleyRaises Target$225.00$245.008.9%
2019-2-22CitigroupReiterates$239.00$254.006.3%
2019-2-1Goldman Sachs GroupReiteratesn/a$212.00-
(in average)$256.90$253.70-1.0%
Moving in a range from $290.00 and $200.00, the price prediction for INTU stock is $253.70. In average, analysts' outlook on INTU price target is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

Intuit presented dazzling results for 2019-Q1 on February. Intuit boosted Earnings per Share (EPS) by 25.00%, beating experts estimates of $0.56. Intuit posted $0.70.
INTU earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a3.71n/a
2017-Q3-n/a0.09n/a
2017-Q42017-11-200.050.11120.0%
2018-Q12018-02-220.060.0833.3%
2018-Q22018-05-224.384.564.1%
2018-Q32018-08-23-0.040.04n/a
2018-Q42018-11-19-0.2-0.03n/a
2019-Q12019-02-210.560.725.0%
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

Compared to 2018, last anual sales report draw a neutral movement of 0.07% to $5,964.00 M dollars. When comparing 2018 vs 2018, similarly, profit margin (that is, the net income divided by revenues) stayed constant a 0.00% to 20.31%.

Intuit presents anual results in July, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Intuit TTM sales up to January 2019 were $6,431.00 and income $1,472.00 million dollars. When comparing this TTM figures with the last reported annuality, we can review Intuit business evolution since July 2018: Annual sales up to January, compared to lastest yearly report, jumped a more than good 7.83%. Regarding profit margin, Intuit appreciated 2.58% to 20.31%

INTU annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2014$4,240 M-$853 M20.1%-
2014$4,240 M0.00%$853 M20.1%0.00%
2015$4,190 M-1.18%$413 M9.9%-51.58%
2015$4,192 M0.05%$365 M8.7%-11.62%
2016$4,690 M11.88%$806 M17.2%120.82%
2016$4,694 M0.09%$979 M20.9%21.46%
2017$5,180 M10.35%$971 M18.7%-0.82%
2017$5,177 M-0.06%$971 M18.8%0.00%
2018$5,960 M15.12%$1,210 M20.3%24.61%
2018$5,964 M0.07%$1,211 M20.3%0.08%
TTM $6,431 M7.83%$1,472 M22.9%21.55%

Quarterly financial results

Intuit reported $1,502.00 M in sales for 2019-Q1, a 47.83% improvement compared to previous quarter. Reported quarter earnings marked $189.00 M with a profit margin of 12.58%. Profit margin escalated a 9.24% compared to previous quarter when profit margin was 3.35%. When comparing sales to same quarter last year, Intuit sales marked an amazing gain and skyrocketed a 28.93%. Looking back to recent quarterly results, Intuit posted 2 negative quarters in a row.
INTU quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$2,540 M-$964 M38.0%-
2017-Q3$842 M-66.85%$24 M2.9%-97.51%
2017-Q4$886 M5.23%$-17 M-1.9%-170.83%
2018-Q1$1,165 M31.49%$-21 M-1.8%23.53%
2018-Q2$2,925 M151.07%$1,200 M41.0%-5,814.29%
2018-Q3$988 M-66.22%$49 M5.0%-95.92%
2018-Q4$1,016 M2.83%$34 M3.3%-30.61%
2019-Q1$1,502 M47.83%$189 M12.6%455.88%

Intuit ownership

When you are planning to buy shares of a stock, it's worth to check its ownership structure.

Intuit shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 4.05% of all shares.

Bearish positions for INTU stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related stocks:

INTUADBEADPFISFISV
Market cap$63.8 B$134.4 B$70.2 B$38.3 B$34.2 B
Total shares259.1 M488.0 M435.2 M323.6 M392.4 M
Float shares249.1 M486.4 M434.6 M321.5 M391.6 M
  - Institutional holdings (%)90.0%88.9%81.8%92.3%91.1%
  - Insider holdings (%)4.0%0.3%0.2%0.6%0.3%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Intuit summary

Tuesday, May 21st, 2019
Open$245.76
Close$246.08
Day range$244.05 - $247.13
Previous close$243.69
Session gain0.98%
Average true range$5.66
50d mov avg$254.20
100d mov avg$237.87
200d mov avg$224.39
Daily patternlt03a
Weekly pattern lb03a

Intuit performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. In the following table, we compare Intuit performance to Adobe, Automatic Data Processing, Fidelity National Information Services, Fiserv, H&R Block, Nuance Communications, Oracle, Paychex, and Symantec:
Stock3m6m12m
INTUIntuit-1.76%25.40%25.88%
ADBEAdobe6.39%22.12%13.09%
ADPAutomatic Data Pr...5.87%15.76%26.07%
FISFidelity National...10.85%15.30%15.76%
FISVFiserv2.53%13.41%21.47%
HRBH&R Block8.70%-1.60%0.48%
NUANNuance Communicat...7.32%8.10%27.88%
ORCLOracle2.68%11.10%16.03%
PAYXPaychex14.38%30.07%35.03%
SAP18.75%27.37%12.80%
SYMCSymantec-11.56%-7.30%-3.47%

Intuit competitors

One check before trading any stock is to have a look a list of its competitors, in this case for Intuit. We chose 10 companies as Intuit competitors as they are in the same industry or have similar market objectives.

Latest Intuit stock news