Media stories about Intuit (NASDAQ:INTU) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Intuit earned a news impact score of 0.17 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 46.7657401031738 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have effected Accern Sentiment’s scoring:
- Moogsoft Secures $40 Million in Series D Funding (venturebeat.com)
- The IRS has $1.1 billion in old tax refunds but ‘time is running out’ to make your claim (finance.yahoo.com)
- Intuit Inc. (INTU) Chairman Sells $36,422,364.60 in Stock (americanbankingnews.com)
- Why this stock is very risky?: Intuit Inc. (INTU) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- See what the IHS Markit Score report has to say about Intuit Inc. (finance.yahoo.com)
Intuit (NASDAQ:INTU) traded down $0.39 during mid-day trading on Wednesday, reaching $177.29. The company had a trading volume of 1,021,604 shares, compared to its average volume of 1,429,668. The company has a market cap of $45,416.18, a PE ratio of 48.58, a PEG ratio of 2.70 and a beta of 1.15. Intuit has a fifty-two week low of $114.80 and a fifty-two week high of $179.17. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.63 and a quick ratio of 0.63.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Tuesday, April 10th will be paid a dividend of $0.39 per share. The ex-dividend date is Monday, April 9th. This represents a $1.56 dividend on an annualized basis and a yield of 0.88%. Intuit’s dividend payout ratio is presently 42.86%.
A number of analysts have recently commented on INTU shares. UBS Group reissued a “neutral” rating and issued a $177.00 price target (up from $170.00) on shares of Intuit in a research report on Friday, February 23rd. Credit Suisse Group reissued an “outperform” rating and issued a $185.00 price target (up from $170.00) on shares of Intuit in a research report on Tuesday, January 9th. Zacks Investment Research cut Intuit from a “hold” rating to a “sell” rating in a research report on Monday, November 27th. Morgan Stanley boosted their price target on Intuit from $110.00 to $120.00 and gave the stock an “underweight” rating in a research report on Tuesday, November 21st. Finally, Jefferies Group reissued a “buy” rating and issued a $185.00 price target on shares of Intuit in a research report on Tuesday, November 21st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have given a buy rating to the company’s stock. Intuit has a consensus rating of “Hold” and a consensus target price of $167.05.
In other Intuit news, Chairman Scott D. Cook sold 112,731 shares of the business’s stock in a transaction on Monday, December 18th. The shares were sold at an average price of $160.97, for a total transaction of $18,146,309.07. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Scott D. Cook sold 259,205 shares of the business’s stock in a transaction on Tuesday, February 27th. The shares were sold at an average price of $171.72, for a total transaction of $44,510,682.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 935,159 shares of company stock valued at $157,615,795. Company insiders own 5.59% of the company’s stock.
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Intuit Inc is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and ProConnect. The Small Business segment serves and advises small businesses and the accounting professionals, and includes QuickBooks financial and business management online services and desktop software, payroll solutions, and payment processing solutions.
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