Intuit (NASDAQ:INTU) Updates FY 2025 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 19.160-19.360 for the period, compared to the consensus EPS estimate of 19.320. The company issued revenue guidance of $18.2 billion-$18.3 billion, compared to the consensus revenue estimate of $18.3 billion. Intuit also updated its FY 2025 guidance to 19.160-19.360 EPS.

Wall Street Analyst Weigh In

Several analysts recently weighed in on INTU shares. Barclays reduced their price objective on shares of Intuit from $800.00 to $775.00 and set an “overweight” rating on the stock in a research note on Friday, November 22nd. Scotiabank started coverage on Intuit in a research report on Monday, November 18th. They issued a “sector perform” rating and a $700.00 price target on the stock. Piper Sandler restated an “overweight” rating and set a $765.00 price objective on shares of Intuit in a research report on Friday, January 10th. JPMorgan Chase & Co. upped their target price on Intuit from $600.00 to $640.00 and gave the company a “neutral” rating in a report on Friday, November 22nd. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $760.00 target price on shares of Intuit in a research report on Friday, November 22nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $726.71.

Intuit Stock Down 2.0 %

Intuit stock traded down $11.61 during mid-day trading on Tuesday, reaching $555.63. The stock had a trading volume of 2,992,738 shares, compared to its average volume of 1,808,474. The firm has a market capitalization of $155.53 billion, a PE ratio of 53.94, a price-to-earnings-growth ratio of 2.85 and a beta of 1.24. The stock’s 50-day simple moving average is $610.15 and its 200-day simple moving average is $628.07. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.24 and a current ratio of 1.24. Intuit has a fifty-two week low of $553.24 and a fifty-two week high of $714.78.

Intuit (NASDAQ:INTU) last issued its quarterly earnings data on Tuesday, February 25th. The software maker reported $2.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.58 by ($0.51). Intuit had a net margin of 17.59% and a return on equity of 18.25%. On average, sell-side analysts forecast that Intuit will post 14.09 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Sandeep Aujla sold 109 shares of the company’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $628.50, for a total transaction of $68,506.50. Following the completion of the sale, the chief financial officer now owns 1,944 shares in the company, valued at approximately $1,221,804. This represents a 5.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Alex G. Balazs sold 23,810 shares of the stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $665.98, for a total value of $15,856,983.80. Following the completion of the sale, the executive vice president now directly owns 489 shares of the company’s stock, valued at $325,664.22. The trade was a 97.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 218,014 shares of company stock valued at $140,855,687. Corporate insiders own 2.68% 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.