Intuit(INTU)
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Can Intuit's Venture Investment in Wildfire Push the Stock Up?
ZACKS· 2024-10-29 16:40
Intuit (INTU) shares have declined 1.5% year to date (YTD) against the broader Zacks Computer and Technology sector's increase of 27%. It has also lagged the Zacks Computer Software industry and peers like Progress Software (PRGS) , SS&C Technologies (SSNC) and Trend Micro (TMICY) . Shares of PRGS and SSNC have returned 20.4% and 16%, respectively, while TMICY has declined 0.9% at the same time. The industry has appreciated 15% YTD. The company recently announced a Venture investment in Wildfire's Series B ...
Intuit (INTU) Sees a More Significant Dip Than Broader Market: Some Facts to Know
ZACKS· 2024-10-23 22:56
In the latest market close, Intuit (INTU) reached $602.01, with a -1.24% movement compared to the previous day. This move lagged the S&P 500's daily loss of 0.92%. Elsewhere, the Dow lost 0.96%, while the tech-heavy Nasdaq lost 1.6%.Coming into today, shares of the maker of TurboTax, QuickBooks and other accounting software had lost 4.48% in the past month. In that same time, the Computer and Technology sector gained 3.64%, while the S&P 500 gained 2.68%.The upcoming earnings release of Intuit will be of gr ...
Intuit (INTU) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-10-23 14:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Intuit (INTU) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Intuit currently has an average bro ...
Intuit (INTU) Upgraded to Buy: What Does It Mean for the Stock?
ZACKS· 2024-10-14 17:01
Intuit (INTU) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individual investors ...
Invest with Confidence: Intrinsic Value Unveiled of Intuit Inc
Gurufocus· 2024-10-08 11:00
In this article, we will take a look into Intuit Inc's (INTU, Financial) DCF analysis, a reliable and data-driven approach to estimating its intrinsic value. Instead of using future free cash flow as in the traditional DCF model, the GuruFocus DCF calculator uses EPS without NRI as the default for the DCF model based on research that shows that historically stock prices have been more correlated with earnings than free cash flow. As of 2024-10-08, Intuit Inc's intrinsic value as calculated by the Discounted ...
Investors Heavily Search Intuit Inc. (INTU): Here is What You Need to Know
ZACKS· 2024-10-04 14:05
Intuit (INTU) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month, shares of this maker of TurboTax, QuickBooks and other accounting software have returned -2.8%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Computer - Software industry, which Intuit falls in, has gained 3.3%. The key question now is: What could be the stock's f ...
Intuit (INTU) Stock Dips Amid Sector Decline
Gurufocus· 2024-10-03 19:55
Intuit (INTU, Financial) experienced a sudden stock price drop of 1.20%, with shares priced at $599.98. The trading volume reached 728,403 shares, reflecting a turnover rate of 0.26% and a price fluctuation of 1.09%. Recent financial reports show that Intuit achieved a revenue of $16.285 billion and a net profit of $2.963 billion, with earnings per share (EPS) of $10.58. The company's gross profit stood at $12.337 billion, and it maintains a price-to-earnings (P/E) ratio of 57.56. Among 32 rating agencies, ...
Can Intuit's Expanding AI-Focused Portfolio Push the Stock Higher?
ZACKS· 2024-10-01 16:06
Intuit (INTU) shares have declined 0.6% year to date (YTD), underperforming the broader Zacks Computer and Technology Sector's appreciation of 23.7%. It has also lagged the Zacks Computer Software Industry and peers like Progress Software (PRGS) , SS&C Technologies (SSNC) and Trend Micro (TMICY) . Shares of PRGS, SSNC and TMICY have returned 24.1%, 21.5% and 11%, respectively, over the same time frame. The industry has appreciated 13.8% YTD. Expanding AI-Driven Portfolio to Boost INTU's Prospects INTU recen ...
Intuit Integrates Credit Karma and TurboTax Amid AI Rollout
PYMNTS.com· 2024-09-26 20:39
Financial software firm Intuit is integrating two of its most popular consumer finance offerings. "Upcoming innovations across TurboTax and Credit Karma will deliver a single, connected consumer financial platform that delivers insights and recommendations year-round and done-for-you experiences at tax time," the company said Thursday (Sept. 26). The announcement was in conjunction with Intuit's investors day, which also included the introduction of new artificial intelligence (AI) offerings. According to a ...
Intuit to Add Agentic AI Capabilities Across Platforms and Products
PYMNTS.com· 2024-09-25 18:20
Intuit will introduce agentic artificial intelligence (AI) capabilities in December and continue rolling them out throughout 2025. The company will add these capabilities across its platforms and products, including Intuit TurboTax, Credit Karma, QuickBooks and Mailchimp, Intuit said in a Wednesday (Sept. 25) press release. "Agentic AI represents a transformative leap in technology, with the potential to unlock unprecedented levels of efficiency for our customers, human experts and developers," Alex Balazs, ...