Intuit stock: buy or sell?
February 25th, 2020
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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
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?
Financial institutions and banks publish stock ratings everyday.Unfortunately, we couldn't detect any rating for INTU stock for the last 30 days.
Intuit stock analysis
After reaching all time highs on Wednesday, Intuit slightly fell -0.57% to $284.80.
After reaching all time highs on Wednesday, Intuit slightly fell -0.57% to $284.80. On January INTU price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. In the last 33 days when SMA50d and SMA100d crossed up, INTU price slipped $-5.48 per share (-1.89%). On Wednesday, INTU hit a new all time high, pushing higher than on Feb 18th tops. Check different trading setups that use ATHs as triggers.
Intuit shares eased -4.29% this week, ending at $284.80.
Not so far away is the last price record Intuit marked last week. Since price and SMA40w lines crossed up by mid December 2019, INTU climbed $25.66 (9.90%). Since SMA10d and SMA20w crossed up by mid January, INTU price climbed $9.55 per share (3.47%).
Intuit stock price history
Intuit stock went public on March 12th, 1993 with a price of $2.091. Since then, INTU stock grew a 13,526.80%, with an average of 520.30% per year. If you had invested right after INTU's IPO a $1,000 in Intuit stock in 1993, it would worth $135,268.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Intuit stock historical price chart
INTU stock reached all-time highs on Wednesday with a price of $306.89.
Intuit stock price targetHow much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. You should not follow the analysts' INTU stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not found any price target for Intuit stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per Share, Intuit presented its financial report, posting an astounding growth for the Earnings per Share (EPS) ratio. Analyst were expecting $0.56 per share, but Intuit posted $0.70.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Intuit annual sales remained steady a tight 0.07% to $5,964.00 M USD from $5,960.00 marked in 2018. When comparing 2018 vs 2018, in line, profit margin (that is, the net income divided by revenues) stayed steady a 0.00% to 20.31%. Intuit presents anual results in July, and to compare 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 M dollars. When comparing this TTM figures with the last reported annuality, we can esteem Intuit business evolution since July 2018: Annual revenues up to January, compared to lastest yearly report, rose a more than good 7.83%. Regarding profit margin, Intuit inched 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% up compared to previous quarter. Reported quarter earnings marked $189.00 M with a profit margin of 12.58%. Profit margin rose a 9.24% compared to previous quarter when profit margin was 3.35%. When comparing turnover to same quarter last year, Intuit sales marked an exceptional increase and boosted a 28.93%. Looking back to recent quarterly results, Intuit posted 2 positive 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 company, 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 3.49% of all shares.
Bearish positions for INTU stock account 0.00%, no big difference from last month.
For a better context understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$74.1 B|
|Total shares||260.3 M|
|Float shares||251.3 M|
|- Institutional holdings (%)||90.8%|
|- Insider holdings (%)||3.5%|
|Shares in short selling||0.0%|
|Tuesday, February 25th, 2020|
|Day range||$283.57 - $301.64|
|Average true range||$7.48|
|50d mov avg||$279.65|
|100d mov avg||$270.06|
|200d mov avg||$267.89|
Intuit performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Intuit, the benchmark is made against .
Intuit competitorsUnfortunately, we could not find any public company that could be defined as Intuit competitor. This doesn't mean Intuit does not have any competitor in the market, it's just we could not detected it.
Latest Intuit stock news
- Investors.comDow Jones Rally Led By Boeing Stock; Workday, Intuit Buoy Nasdaq 100May 24, 2019
- InvestorPlaceIntuit Earnings: INTC Stock Unmoved on Earnings, Revenue BeatMay 23, 2019
- 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