For its third fiscal quarter (ending April 30), Intuit Inc. (NASDAQ: INTU) has reported E.P.S. of $8.53 compared to $7.44 a year ago. E.P.S. were $10.97 for the latest four quarters through April 30 versus $7.97 for the same period a year ago.
Recent Price Action
On 5/23/24, Intuit Inc. (NASDAQ: INTU) stock declined modestly by -1.2%, closing at $662.26. Moreover, unusually high trading volume at 151% of normal accompanied the decline. Relative to the market the stock has been strong over the last nine months and has risen 1.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, INTU is expected to continue to be a major Value Builder.
Intuit has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Intuit has a poor Appreciation Score of 15 but a good Power Rating of 75, and the Low Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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