Intuit (NASDAQ:INTU) Releases FY 2025 Earnings Guidance

Intuit (NASDAQ:INTU) updated its FY 2025 earnings guidance on Tuesday. 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.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on INTU. Piper Sandler reaffirmed an “overweight” rating and issued a $765.00 price target on shares of Intuit in a research note on Friday, January 10th. Stifel Nicolaus reduced their price objective on shares of Intuit from $795.00 to $725.00 and set a “buy” rating for the company in a research note on Friday, November 22nd. StockNews.com upgraded shares of Intuit from a “hold” rating to a “buy” rating in a report on Thursday, January 23rd. Morgan Stanley boosted their price objective on shares of Intuit from $685.00 to $730.00 and gave the stock an “equal weight” rating in a report on Friday, November 22nd. Finally, Scotiabank initiated coverage on shares of Intuit in a report on Monday, November 18th. They set a “sector perform” rating and a $700.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $726.71.

Intuit Price Performance

Shares of INTU traded down $11.61 during midday trading on Tuesday, hitting $555.63. 3,008,707 shares of the company traded hands, compared to its average volume of 1,809,880. The stock has a 50-day moving average of $610.15 and a 200-day moving average of $628.07. Intuit has a one year low of $553.24 and a one year high of $714.78. The firm has a market cap of $155.53 billion, a P/E ratio of 53.94, a PEG ratio of 2.85 and a beta of 1.24. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.24 and a quick ratio of 1.24.

Intuit (NASDAQ:INTU) last issued its quarterly earnings results on Tuesday, February 25th. The software maker reported $2.07 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%. As a group, sell-side analysts predict that Intuit will post 14.09 EPS for the current fiscal year.

Insider Buying and Selling

In related news, insider Scott D. Cook sold 73,655 shares of Intuit stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $664.94, for a total value of $48,976,155.70. Following the completion of the sale, the insider now directly owns 6,301,286 shares in the company, valued at approximately $4,189,977,112.84. This trade represents a 1.16 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Alex G. Balazs sold 23,810 shares of Intuit stock in a transaction dated Thursday, December 12th. The stock was 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 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. Insiders sold 218,014 shares of company stock valued at $140,855,687 over the last quarter. 2.68% of the stock is owned by company insiders.

About Intuit

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.