Intuit (NASDAQ:INTU – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 19.160-19.360 for the period, compared to the consensus EPS estimate of 19.150. The company issued revenue guidance of $18.2 billion-$18.3 billion, compared to the consensus revenue estimate of $18.2 billion. Intuit also updated its FY25 guidance to $19.16-19.36 EPS.
Intuit Price Performance
NASDAQ INTU traded down $5.20 on Thursday, hitting $665.29. The company had a trading volume of 1,455,902 shares, compared to its average volume of 1,316,070. Intuit has a 12-month low of $473.56 and a 12-month high of $676.62. The company has a market capitalization of $185.98 billion, a PE ratio of 61.37, a PEG ratio of 3.14 and a beta of 1.23. The company’s fifty day moving average price is $638.78 and its 200-day moving average price is $634.58. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.50 and a quick ratio of 1.50.
Intuit (NASDAQ:INTU – Get Free Report) last released its earnings results on Thursday, May 23rd. The software maker reported $9.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $8.12 by $1.76. Intuit had a net margin of 19.43% and a return on equity of 18.61%. The business had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.65 billion. During the same quarter in the prior year, the firm earned $7.80 earnings per share. The company’s revenue for the quarter was up 11.9% compared to the same quarter last year. As a group, analysts predict that Intuit will post 11.72 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on INTU
Insider Buying and Selling
In related news, EVP Mark P. Notarainni sold 965 shares of the company’s stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $651.00, for a total transaction of $628,215.00. Following the sale, the executive vice president now directly owns 1,020 shares in the company, valued at $664,020. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Intuit news, insider Scott D. Cook sold 75,000 shares of the stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $597.85, for a total value of $44,838,750.00. Following the transaction, the insider now directly owns 6,791,469 shares in the company, valued at $4,060,279,741.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark P. Notarainni sold 965 shares of the stock in a transaction that occurred on Tuesday, July 2nd. The shares were sold at an average price of $651.00, for a total transaction of $628,215.00. Following the completion of the transaction, the executive vice president now owns 1,020 shares in the company, valued at $664,020. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 195,963 shares of company stock worth $114,442,445. Company insiders own 2.90% of the company’s stock.
About Intuit
Intuit Inc provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.
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