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Intuit (INTU) Stock Falls Amid Market Uptick: What Investors Need to Know
IntuitIntuit(US:INTU) ZACKSยท2025-04-01 22:55

Company Overview - Intuit (INTU) closed at $613.78, showing a slight decline of -0.03% from the previous day's closing price, underperforming the S&P 500's gain of 0.38% on the same day [1] - Over the past month, Intuit's shares have increased by 2.15%, while the Computer and Technology sector has decreased by 8.94% and the S&P 500 has lost 5.59% [1] Upcoming Earnings - Intuit is expected to report earnings per share (EPS) of $11.01, representing an increase of 11.44% from the same quarter last year [2] - The consensus estimate for revenue is projected at $7.56 billion, reflecting a 12.19% rise compared to the equivalent quarter last year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $19.31 per share and revenue of $18.3 billion, indicating increases of +13.99% and +12.4% respectively from the previous year [3] - Recent modifications to analyst estimates for Intuit indicate a positive outlook, as positive revisions suggest analyst optimism regarding the company's business and profitability [3] Stock Performance and Valuation - The Zacks Rank system, which evaluates estimate changes, currently ranks Intuit at 3 (Hold), with a recent 0.05% decline in the Zacks Consensus EPS estimate [5] - Intuit's Forward P/E ratio stands at 31.79, which is a premium compared to the industry average Forward P/E of 24.11 [6] - The company has a PEG ratio of 2.19, compared to the Computer - Software industry's average PEG ratio of 2.04 [6] Industry Context - The Computer - Software industry, part of the broader Computer and Technology sector, holds a Zacks Industry Rank of 70, placing it in the top 29% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]