Alert: New Earnings Report (11/21/24)-Intuit Inc. (NASDAQ: INTU).

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For its first fiscal quarter (ending October 31), Intuit Inc. (NASDAQ: INTU) has reported a -19% decline in E.P.S. from $0.86 a year ago to $0.70 in the current quarter. E.P.S. were $10.42 for the latest four quarters through October 31 versus $9.22 for the same period a year ago — an increase of 13%.

Recent Price Action

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On 11/21/24, Intuit Inc. (NASDAQ: INTU) stock enjoyed a large increase of 4.3%, closing at $678.70. Moreover, this advance was accompanied by unusually high trading volume at 162% of normal. The stock has performed in line with the market over the last nine months and has declined -3.9% during the last week.

Current PriceTarget Research Rating

Intuit has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Intuit has a neutral Power Rating of 47 but a poor Appreciation Score of 21, with the Negative Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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