Intuit Inc. (NASDAQ:INTU) Receives Consensus Rating of “Moderate Buy” from Brokerages

Intuit Inc. (NASDAQ:INTU) has been given an average rating of “Moderate Buy” by the twenty-nine ratings firms that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, twenty-three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $796.60.

Several equities analysts have issued reports on the company. Wall Street Zen raised Intuit from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Independent Research set a $875.00 price objective on shares of Intuit in a report on Tuesday, November 18th. Rothschild & Co Redburn raised their target price on Intuit from $560.00 to $670.00 and gave the company a “neutral” rating in a research note on Tuesday, September 23rd. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Intuit in a research report on Wednesday, October 8th. Finally, Evercore ISI reissued an “outperform” rating and issued a $875.00 price objective on shares of Intuit in a research note on Tuesday, November 18th.

Intuit Stock Performance

NASDAQ INTU opened at $674.15 on Tuesday. Intuit has a twelve month low of $532.65 and a twelve month high of $813.70. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $187.60 billion, a price-to-earnings ratio of 46.08, a PEG ratio of 2.77 and a beta of 1.27. The stock has a fifty day simple moving average of $660.20 and a 200 day simple moving average of $697.34.

Intuit (NASDAQ:INTU) last posted its quarterly earnings data on Thursday, November 20th. The software maker reported $3.34 EPS for the quarter, topping analysts’ consensus estimates of $3.09 by $0.25. The company had revenue of $3.87 billion for the quarter, compared to analyst estimates of $3.76 billion. Intuit had a return on equity of 23.52% and a net margin of 21.19%.The firm’s quarterly revenue was up 18.3% on a year-over-year basis. During the same period in the previous year, the firm earned $2.50 earnings per share. Intuit has set its Q2 2026 guidance at 3.630-3.680 EPS. Sell-side analysts expect that Intuit will post 14.09 EPS for the current year.

Intuit Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Friday, January 9th will be paid a dividend of $1.20 per share. This represents a $4.80 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Friday, January 9th. Intuit’s payout ratio is 32.81%.

Insider Buying and Selling at Intuit

In other Intuit news, Director Richard L. Dalzell sold 333 shares of Intuit stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $659.95, for a total transaction of $219,763.35. Following the completion of the transaction, the director owned 13,476 shares in the company, valued at approximately $8,893,486.20. The trade was a 2.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Scott D. Cook sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $658.84, for a total value of $49,413,000.00. Following the completion of the transaction, the director owned 5,893,679 shares in the company, valued at $3,882,991,472.36. This represents a 1.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 270,897 shares of company stock valued at $177,368,310. Corporate insiders own 2.49% of the company’s stock.

Institutional Trading of Intuit

A number of institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank bought a new stake in shares of Intuit in the second quarter valued at approximately $3,268,830,000. Alliancebernstein L.P. raised its holdings in Intuit by 183.8% during the 3rd quarter. Alliancebernstein L.P. now owns 1,999,737 shares of the software maker’s stock valued at $1,365,640,000 after acquiring an additional 1,295,199 shares during the period. Nicholas Hoffman & Company LLC. bought a new stake in Intuit during the 1st quarter valued at $785,564,000. Winslow Capital Management LLC purchased a new stake in shares of Intuit during the second quarter worth $782,677,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Intuit by 3.3% in the third quarter. Vanguard Group Inc. now owns 28,621,990 shares of the software maker’s stock worth $19,546,243,000 after acquiring an additional 914,024 shares during the period. 83.66% of the stock is owned by hedge funds and other institutional investors.

Intuit Company Profile

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.