ABMIN Staff for American Banking & Marketing News writes: Intuit (NASDAQ:INTU) shares hit a new 52-week high during mid-day trading on Wednesday , AnalystRatings.NETreports. The company
traded as high as $83.65 and last traded at $83.41, with a volume of 650,662 shares changing hands. The stock had previously closed at $82.03.
traded as high as $83.65 and last traded at $83.41, with a volume of 650,662 shares changing hands. The stock had previously closed at $82.03.
A number of research firms have recently commented on INTU. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Intuit in a research note on Wednesday, May 28th. They now have a $84.00 price target on the stock, up previously from $77.00. Separately, analysts at Morgan Stanley reiterated an “underweight” rating on shares of Intuit in a research note on Thursday, May 22nd. They now have a $66.00 price target on the stock. Finally, analysts at Goldman Sachs raised their price target on shares of Intuit to $80.00 in a research note on Wednesday, May 21st. They now have a “neutral” rating on the stock. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Intuit currently has a consensus rating of “Hold” and a consensus target price of $78.21.
has rated the stock with a sell rating, eight have issued a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. Intuit currently has a consensus rating of “Hold” and a consensus target price of $78.21.
The stock’s 50-day moving average is $81.45 and its 200-day moving average is $77.88. The company has a market cap of $23.670 billion and a price-to-earnings ratio of 26.18.
Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Tuesday, May 20th. The company reported $3.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.50 by $0.03. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same quarter in the previous year, the company posted $2.97 earnings per share. The company’s revenue for the quarter was up 14.2% on a year-over-year basis. On average, analysts predict that Intuit will post $3.58 earnings per share for the current fiscal year.
predict that Intuit will post $3.58 earnings per share for the current fiscal year.
Intuit Inc (NASDAQ:INTU) is a provider of business and financial management solutions for small businesses, consumers, accounting professionals and financial institutions.
.
0 comments:
Post a Comment