Intuit stock: buy or sell?
May 21st, 2019
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-5-16||Morgan Stanley||n/a||Equal Weight|
|2019-4-2||Royal Bank of Canada||n/a||Outperform|
|2019-3-6||Bank of America||Buy||Buy|
|2019-3-29||Exane BNP Paribas||n/a||Underperform|
|2019-3-25||Morgan Stanley||Equal Weight||Equal Weight|
|2019-2-4||Raymond James||Underweight||Equal Weight|
|2019-2-4||Morgan Stanley||Underweight||Equal Weight|
|2019-2-1||Goldman Sachs Group||Neutral||Neutral|
Intuit stock analysis
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.
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%).
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 $253.70How 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:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-5-16||Morgan Stanley||Lowers Target||$245.00||$239.00||-2.4%|
|2019-4-2||Royal Bank of Canada||Raises Target||$274.00||$290.00||5.8%|
|2019-4-12||Deutsche Bank||Raises Target||$270.00||$280.00||3.7%|
|2019-3-6||Bank of America||Reiterates||$252.00||$264.00||4.8%|
|2019-3-29||Exane BNP Paribas||Initiates||n/a||$200.00||-|
|2019-3-25||Morgan Stanley||Raises Target||$225.00||$245.00||8.9%|
|2019-2-1||Goldman Sachs Group||Reiterates||n/a||$212.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareIntuit 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared 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%
|2014||$4,240 M||-||$853 M20.1%||-|
|2014||$4,240 M||0.00%||$853 M20.1%||0.00%|
|2015||$4,190 M||-1.18%||$413 M9.9%||-51.58%|
|2015||$4,192 M||0.05%||$365 M8.7%||-11.62%|
|2016||$4,690 M||11.88%||$806 M17.2%||120.82%|
|2016||$4,694 M||0.09%||$979 M20.9%||21.46%|
|2017||$5,180 M||10.35%||$971 M18.7%||-0.82%|
|2017||$5,177 M||-0.06%||$971 M18.8%||0.00%|
|2018||$5,960 M||15.12%||$1,210 M20.3%||24.61%|
|2018||$5,964 M||0.07%||$1,211 M20.3%||0.08%|
|TTM||$6,431 M||7.83%||$1,472 M22.9%||21.55%|
Quarterly financial resultsIntuit 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.
|2017-Q2||$2,540 M||-||$964 M38.0%||-|
|2017-Q3||$842 M||-66.85%||$24 M2.9%||-97.51%|
|2017-Q4||$886 M||5.23%||$-17 M-1.9%||-170.83%|
|2018-Q1||$1,165 M||31.49%||$-21 M-1.8%||23.53%|
|2018-Q2||$2,925 M||151.07%||$1,200 M41.0%||-5,814.29%|
|2018-Q3||$988 M||-66.22%||$49 M5.0%||-95.92%|
|2018-Q4||$1,016 M||2.83%||$34 M3.3%||-30.61%|
|2019-Q1||$1,502 M||47.83%||$189 M12.6%||455.88%|
Intuit ownershipWhen 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:
|Market cap||$63.8 B||$134.4 B||$70.2 B||$38.3 B||$34.2 B|
|Total shares||259.1 M||488.0 M||435.2 M||323.6 M||392.4 M|
|Float shares||249.1 M||486.4 M||434.6 M||321.5 M||391.6 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 selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, May 21st, 2019|
|Day range||$244.05 - $247.13|
|Average true range||$5.66|
|50d mov avg||$254.20|
|100d mov avg||$237.87|
|200d mov avg||$224.39|
Intuit performanceStocks 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:
|ADPAutomatic Data Pr...||5.87%||15.76%||26.07%|
Intuit competitorsOne 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.
- Adobe (ADBE)
- Automatic Data Processing (ADP)
- Fidelity National Information Services (FIS)
- Fiserv (FISV)
- H&R Block (HRB)
- Nuance Communications (NUAN)
- Oracle (ORCL)
- Paychex (PAYX)
- Symantec (SYMC)
Latest Intuit stock news
- Seeking AlphaIntuit: Plenty Of Room To RunFebruary 18, 2019
- InvestorPlace3 Reasons For the Bull Case On Intuit StockFebruary 6, 2019
- Seeking AlphaPreparing For The End Of The Cycle (Part X): IntuitJanuary 15, 2019
- Seeking AlphaIntuit: Unlocking Growth Opportunity Through Xero AcquisitionDecember 27, 2018
- InvestorPlace3 Big Stock Charts for Monday: Intuit, PPL and HollyFrontierDecember 10, 2018