Intuit (NASDAQ:INTU) Issues FY 2025 Earnings Guidance

Intuit (NASDAQ:INTU) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 19.160-19.360 for the period, compared to the consensus earnings per share 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 opened at $619.85 on Friday. The firm has a market cap of $173.28 billion, a P/E ratio of 57.18, a PEG ratio of 3.14 and a beta of 1.23. Intuit has a 52-week low of $473.56 and a 52-week high of $676.62. The business’s 50-day moving average price is $639.27 and its 200 day moving average price is $634.44. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.32.

Intuit (NASDAQ:INTU) last posted its quarterly earnings results on Thursday, August 22nd. The software maker reported $1.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.14. Intuit had a net margin of 19.43% and a return on equity of 18.61%. The business had revenue of $3.18 billion during the quarter, compared to analyst estimates of $3.08 billion. During the same period in the prior year, the firm earned $0.40 earnings per share. The firm’s revenue was up 17.4% compared to the same quarter last year. As a group, sell-side analysts predict that Intuit will post 11.72 earnings per share for the current fiscal year.

Intuit Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Thursday, October 10th will be paid a $1.04 dividend. The ex-dividend date of this dividend is Thursday, October 10th. This is a positive change from Intuit’s previous quarterly dividend of $0.90. This represents a $4.16 dividend on an annualized basis and a dividend yield of 0.67%. Intuit’s payout ratio is presently 33.21%.

Wall Street Analyst Weigh In

A number of brokerages have commented on INTU. Royal Bank of Canada initiated coverage on Intuit in a research report on Wednesday, July 3rd. They issued an outperform rating and a $760.00 price objective for the company. Barclays cut their price target on shares of Intuit from $745.00 to $740.00 and set an overweight rating for the company in a report on Friday. StockNews.com lowered Intuit from a buy rating to a hold rating in a research note on Friday. Jefferies Financial Group increased their price target on shares of Intuit from $770.00 to $790.00 and gave the company a buy rating in a research note on Friday. Finally, Morgan Stanley lowered Intuit from an overweight rating to an equal weight rating and lowered their price objective for the stock from $750.00 to $685.00 in a research report on Wednesday, August 14th. Six equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of Moderate Buy and an average target price of $703.27.

Insider Activity

In other news, CFO Sandeep Aujla sold 1,415 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $604.58, for a total transaction of $855,480.70. Following the sale, the chief financial officer now directly owns 2,332 shares in the company, valued at $1,409,880.56. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Intuit news, 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 transaction, the executive vice president now directly owns 1,020 shares in the company, valued at $664,020. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Sandeep Aujla sold 1,415 shares of the company’s stock in a transaction on Tuesday, May 28th. The shares were sold at an average price of $604.58, for a total transaction of $855,480.70. Following the completion of the sale, the chief financial officer now directly owns 2,332 shares of the company’s stock, valued at approximately $1,409,880.56. The disclosure for this sale can be found here. Insiders have sold 195,963 shares of company stock valued at $114,442,445 in the last 90 days. 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.