Intuit Inc. (NASDAQ:INTU) To Release Earnings

Deutsche Banks Still Buying Intuit After A 'Clean' Q4 Beat

The firm acquired 407,569 shares of the software maker's stock, valued at approximately $54,129,000.

Examining Institutional Ownership at Intuit Inc. The business had revenue of $842 million during the quarter, compared to the consensus estimate of $808.82 million. Now the P/E of Intuit Inc.

Intuit Inc. (INTU) has a market capitalization of 34.82 Billion which suggests the company is a huge company further suggesting that the shares of Intuit Inc.

The stock increased 1.34% or $1.8 during the last trading session. Miller Howard Investments Inc. The average volume of a stock suggests the liquidity of a particular company. Intuit has a 52 week low of $103.22 and a 52 week high of $143.81. the share has a valuation of $35.40 B, a price to earnings ratio of 39.70 along with a stock beta of 1.15. The firm's 50 day moving average price is $135.14 and its 200-day moving average price is $128.66.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Tuesday, May 23rd. Intuit had a net profit margin of 17.82% and a ROE of 80.88%.

Looking forward, for the quarter ending Apr-17, 13 analysts have a mean sales target of 2,503.43 million. During the same period in the previous year, the business earned $0.08 earnings per share.

For fiscal 2017, Intuit reported operating income of $1.7 billion, or $4.41 a share, on revenue of $5.2 billion, up 10 percent from a year ago.

Oakworth Capital Inc. Reduces Stake in Halliburton Company
California-based Parallax Volatility Advisers Limited Partnership has invested 0% in American Midstream Partners LP (NYSE:AMID). Perhaps, that suggests something about why 80.20% of the outstanding share supply is held by institutional investors.

US Senator: 'Bold Realistic Strategy' Needed For North Korea
"There are several nuclear weapon states in the world, but the U.S.is the only country that poses constant nuclear threat on the DPRK".

Meizu announces M6 Note smartphone with dual-lens camera
The Meizu EP52 Bluetooth headset costs 299 Yuan and there is also 30 Yuan discount when purchased with the M6 Note smartphone. Qualcomm's Snapdragon 625 64-bit octa-core processor fuels this smartphone, along with the Adreno 506 GPU for graphics.

Yet another important factor while evaluating a good buy/sell decision for Intuit Inc. "(INTU)" was first published by Markets Daily and is the property of of Markets Daily. If you are viewing this piece on another website, it was copied illegally and reposted in violation of USA and global copyright and trademark laws.

A number of analysts have commented on INTU shares.

The most recent non open market insider trade was completed by FENNELL LAURA A on 08/15/2017, and was a disposition of 759 shares with a final price of $137.47.

Shares of Intuit fell more than 1 percent in extended trading after the company released the report. Barclays PLC reissued an equal weight rating on shares of Intuit in a report on Sunday, May 28th. Four equity analysts rating the company a strong buy, four equity analysts rating the company a buy, eleven equity analysts rating the company a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell with a consensus target price of $108.59. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the stock.

The average Wall Street analyst rating for Intuit Inc.is Hold, according to the average of 12 analyst scores. Following the completion of the transaction, the director now owns 4,554 shares of the company's stock, valued at $623,078.28. The shares were sold at an average price of $139.46, for a total value of $10,327,291.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

In other Intuit news, Director Dennis D. Powell sold 16,686 shares of the firm's stock in a transaction on Thursday, May 25th. The stock was sold at an average price of $140.50, for a total transaction of $2,203,602.00. The disclosure for this sale can be found here.

By unit for the fiscal year, Intuit said its small business unit will have growth of 12 percent to 14 percent with consumer tax gains of 7 percent to 9 percent. The Company operates through three segments: Small Business, Consumer Tax and ProConnect.

Related:

Comments

Latest news

How to watch Samsung Galaxy Note 8 launch live
With all that in mind, the company have to find a way to differentiate the product from the S8+, beyond just the S Pen. The front-facing camera will also include face-recognition technology, something that debuted with the Galaxy Note 7 .

Air India chief Ashwani Lohani appointed Railway Board Chairman, AK Mittal resigns
The derailment of Utkal Express near Muzaffarnagar on Saturday had left more than 25 passengers dead and more than 150 injured. Taking cognizance of the matter, PM Modi asked the minister to "wait" before taking any decision.

Trader's Buzz: The Charles Schwab Corporation (SCHW)
Capital Research Invsts invested in 12.41 million shares or 0.16% of the stock. 45,900 were accumulated by Stephens Inc Ar. The Charles Schwab Corporation (SCHW) has an Analysts' Mean Recommendation of 2, according to data compiled by Finviz.

Is Pioneer Natural Resources Company (PXD) a great bet right now?
Their average price target spell out an upbeat performance - a 54% and would give PXD a market capitalization of almost $33.43B. Equities analysts expect that Pioneer Natural Resources Company will post $1.17 earnings per share for the current fiscal year.

The blue dogs of Mumbai: industrial waste blamed for colourful canines
The Guardian reports that an animal welfare agency managed to catch one of the dogs and wash off the blue dye. Kasadi runs through Taloja, Mumbai's dense industrial zone home to almost 1,000 factories.

Headquarters Revealed for Call of Duty WW2
The developer group Sledgehammer Games is now busy tinkering away at Call of Duty . If you pre-ordered from a retail store, codes should be sent out soon.

RBI Gets Govt Nod for Rs 200 Notes
According to an old report in The Statesman , "The central government is preparing to gradually phase out the new Rs 2,000 note". The Reserve Bank of India is likely to issue Rs 200 denomination currency notes by the beginning of September.

Spain attack auto 'flagged for speeding' in Paris
Visitor numbers nationwide are seen rising to 89 million in 2017 from 83 million previous year . Following the attacks in Paris in November 2015, a state of emergency took place in France .

NTSB Is Investigating Train Crash At Station
NBC 4 reported that the train was being operated out of the yard by an AMTRAK crew and that the cars blocked tracks 1 through 6. An empty New Jersey Transit train derailed at Penn Station early Wednesday morning, officials said.

Citizens Financial Group Inc
Tradition Capital Management Llc decreased Outfront Media Inc. stake by 15,768 shares to 21,827 valued at $542,000 in 2016Q4. It dropped, as 86 investors sold KMI shares while 357 reduced holdings. 118 funds opened positions while 550 raised stakes.

Mel B Walks Off AGT Stage after Insensitive Joke
As we previously reported , Mel and Stephen have been embroiled in some serious drama after she filed for divorce in March. The star has been a judge on the United States talent show since 2013 when she replaced Sharon Osbourne on the panel.

FSU's Fisher says he voted Alabama No. 1 in Coaches Top 25
If at least two of those teams did not make the College Football Playoff at the end of the season, it would be a major surprise. Leading the way was star defensive back Minkah Fitzpatrick, who also ended the 2016 season as an All-American as well .

Napoli, Sevilla, Celtic into UCL group stage
They advanced after winning on aggregate following the second leg of their respective playoffs on Tuesday night. Mitja Viler scored the important goal to send the Slovenian team through.

Lowe's Companies, Inc. (NYSE:LOW) Quarterly Analysis
On average, analysts expect Lowe's Companies to post $4.62 EPS for the current fiscal year and $5.29 EPS for the next fiscal year. The Virginia-based 1607 Capital Partners Llc has invested 0.11% in the stock. 800 were reported by James Investment Rech Inc.

Muslims hold rally against terrorism in Barcelona
Abouyaaqoub is assumed to have been the man who stabbed Perez in a carjacking attempt while trying to flee the scene of the crime. The victim was identified as Pau Perez, a Spaniard from Vilafranca del Penedes, some 65 kilometers (40 miles) from Barcelona .

Other news