Company Performance - Intuit's stock closed at $662.42, reflecting a -1.11% change from the previous day, underperforming the S&P 500, which lost 0.74% [1] - Prior to the recent trading session, Intuit's shares had increased by 5.39%, outperforming the Computer and Technology sector's gain of 0.14% and the S&P 500's gain of 0.79% [1] Upcoming Earnings - Intuit's upcoming earnings release is highly anticipated, with projected earnings per share (EPS) of $3.65, indicating a 9.94% increase year-over-year [2] - Revenue is expected to reach $4.53 billion, reflecting a 14.23% growth compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $23.1 per share and revenue at $21.12 billion, representing increases of +14.64% and +12.16% respectively from the prior year [3] - Recent revisions to analyst forecasts for Intuit are important, as positive estimate revisions can signal a favorable business outlook [3] Valuation Metrics - Intuit has a Forward P/E ratio of 29, which is higher than the industry average of 23.86, suggesting that Intuit is trading at a premium [6] - The company has a PEG ratio of 2.04, compared to the industry average PEG ratio of 1.95, indicating a higher valuation relative to expected earnings growth [7] Industry Ranking - The Computer - Software industry, to which Intuit belongs, ranks in the top 34% of all industries, with a current Zacks Industry Rank of 82 [7] - The Zacks Rank system, which evaluates stocks based on estimate changes, indicates that Intuit currently holds a Zacks Rank of 3 (Hold) [5]
Intuit (INTU) Suffers a Larger Drop Than the General Market: Key Insights