target on the stock. They previously had a $70.00 price target on the company’s shares.
Intuit (NASDAQ:INTU) traded down 0.29% during mid-day trading on Wednesday, hitting $72.75. 884,822 shares of the company’s stock traded hands. Intuit has a one year low of $55.54 and a one year high of $72.96. The stock’s 50-day moving average is $68.88 and its 200-day moving average is $63.84. The company has a market cap of $20.567 billion and a P/E ratio of 25.73.
Intuit (NASDAQ:INTU) last released its earnings data on Tuesday, August 20th. The company reported $0.00 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.03. The company had revenue of $634.00 million for the quarter, compared to the consensus estimate of $658.05 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. On average, analysts predict that Intuit will post $3.56 earnings per share for the current fiscal year.
on Tuesday, August 20th. The company reported $0.00 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.03 by $0.03. The company had revenue of $634.00 million for the quarter, compared to the consensus estimate of $658.05 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The company’s quarterly revenue was up 11.8% on a year-over-year basis. On average, analysts predict that Intuit will post $3.56 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on INTU. Analysts at Thomson Reuters/Verus upgraded shares of Intuit from a hold rating to a buy rating in a research note to investors on Monday, November 4th. Separately, analysts at Wedbush raised their price target on shares of Intuit from $71.00 to $79.00 in a research note to investors on Wednesday, October 23rd. They now have an outperform rating on the stock. Finally, analysts at Merrill Lynch raised their price target on shares of Intuit to $78.00 in a research note to investors on Monday, October 21st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Hold and an average target price of $70.68.
analysts have rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of Hold and an average target price of $70.68.
Intuit Inc (NASDAQ:INTU) is a provider of business and financial management solutions for small businesses, consumers, accounting professionals and financial institutions.
for small businesses, consumers, accounting professionals and financial institutions.
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