Intuit(INTU) ZACKS·2024-09-05 14:06Core Viewpoint - Intuit (INTU) has been a highly searched stock recently, with its performance influenced by various fundamental factors and earnings estimates revisions [1][2]. Earnings Estimates Revisions - For the current quarter, Intuit is expected to report earnings of 19.31, indicating a growth of +14% from the previous year, with a recent increase of +3.4% [5]. - For the next fiscal year, the consensus estimate is 3.14 billion, representing a year-over-year increase of +5.4% [9]. - For the current fiscal year, the revenue estimate is 20.46 billion, reflecting a growth of +12.2% [9]. Recent Performance and Surprise History - In the last reported quarter, Intuit achieved revenues of 1.99 compared to 3.08 billion by +3.23%, and the EPS surprise was +6.99% [10]. - Intuit has consistently beaten consensus EPS and revenue estimates in the last four quarters [10]. Valuation Metrics - Intuit is currently graded D on the Zacks Value Style Score, indicating it is trading at a premium compared to its peers [14]. - Valuation multiples such as price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF) are essential for assessing whether the stock is overvalued, fairly valued, or undervalued [12][13]. Conclusion - The analysis suggests that Intuit may perform in line with the broader market in the near term, as indicated by its Zacks Rank 3 [15].