Stock To Watch: Intuit Inc. (NASDAQ:INTU)


The leading market experts have placed a mean price target of $114.33 on Intuit Inc. (NASDAQ:INTU) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.34 a share for the upcoming quarter and $4.35 for the current fiscal.

Technical View

The technical analysis of Intuit Inc. plainly substantiates that the 50-day moving average of Intuit Inc. is $112.20, and stock is trading $-1.34 points away or -1.19% from its 50-day moving average of $112.20. Further it is trading $4.65 or +4.38% away its 200-day moving average of $106.21. Intuit Inc. (NASDAQ:INTU) 52-week high is $116.97 and the 52-week low is $84.36.

This explains if the stock moves $-6.11, it will post a 52-week high. In event of +31.41% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Intuit Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Intuit Inc. (NASDAQ:INTU) ratio came in at 30.02.

The stock last ended the trading session at $110.86 and registered a market cap of $28.60B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Intuit Inc. (NASDAQ:INTU) PEG ratio is at 1.44.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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