Intuit (NASDAQ:INTU – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 2.330-2.380 for the period, compared to the consensus earnings per share estimate of 2.350. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.1 billion. Intuit also updated its FY 2025 guidance to 19.160-19.360 EPS.
Intuit Price Performance
Shares of INTU stock opened at $616.68 on Friday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.30. Intuit has a 12-month low of $473.56 and a 12-month high of $676.62. The firm has a fifty day moving average of $630.68 and a 200-day moving average of $628.66. The firm has a market capitalization of $172.39 billion, a price-to-earnings ratio of 56.89, a price-to-earnings-growth ratio of 3.04 and a beta of 1.24.
Intuit (NASDAQ:INTU – Get Free Report) last posted its earnings results on Thursday, August 22nd. The software maker reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.85 by $0.14. The firm had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.08 billion. Intuit had a return on equity of 18.64% and a net margin of 18.19%. The company’s revenue was up 17.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.40 earnings per share. On average, equities research analysts forecast that Intuit will post 14.04 earnings per share for the current year.
Intuit Increases Dividend
Analysts Set New Price Targets
Several brokerages have recently issued reports on INTU. Citigroup increased their price objective on shares of Intuit from $727.00 to $750.00 and gave the stock a buy rating in a research report on Friday, June 28th. Jefferies Financial Group increased their target price on Intuit from $770.00 to $790.00 and gave the stock a buy rating in a report on Friday, August 23rd. Susquehanna restated a positive rating and issued a $757.00 price target on shares of Intuit in a report on Friday, August 16th. Barclays reduced their price objective on Intuit from $745.00 to $740.00 and set an overweight rating for the company in a research report on Friday, August 23rd. Finally, Morgan Stanley lowered Intuit from an overweight rating to an equal weight rating and dropped their target price for the company from $750.00 to $685.00 in a research report on Wednesday, August 14th. Four analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus target price of $735.71.
Check Out Our Latest Stock Report on Intuit
Insider Buying and Selling
In other Intuit news, CFO Sandeep Aujla sold 775 shares of the stock in a transaction on Thursday, October 3rd. The shares were sold at an average price of $601.31, for a total value of $466,015.25. Following the completion of the sale, the chief financial officer now owns 4,451 shares in the company, valued at $2,676,430.81. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other Intuit news, CFO Sandeep Aujla sold 775 shares of the company’s stock in a transaction that occurred on Thursday, October 3rd. The stock was sold at an average price of $601.31, for a total value of $466,015.25. Following the sale, the chief financial officer now owns 4,451 shares in the company, valued at $2,676,430.81. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Scott D. Cook sold 2,461 shares of Intuit stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $637.19, for a total value of $1,568,124.59. Following the transaction, the insider now owns 6,453,105 shares of the company’s stock, valued at $4,111,853,974.95. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 55,297 shares of company stock worth $35,220,046. Insiders own 2.90% of the company’s stock.
Intuit Company Profile
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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