Intuit Inc. (NASDAQ:INTU) will be posting its quarterly earnings results after the market closes on Monday, November 20th. Analysts expect Intuit to post earnings of $0.07 per share for the quarter. Intuit has set its Q1 guidance at $0.03-0.05 EPS and its FY18 guidance at $4.90-5.00 EPS.

Intuit (NASDAQ:INTU) last announced its earnings results on Tuesday, August 22nd. The software maker reported $0.20 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.17 by $0.03. Intuit had a return on equity of 82.43% and a net margin of 18.76%. The business had revenue of $842.00 million during the quarter, compared to analysts’ expectations of $808.82 million. During the same quarter last year, the business posted $0.08 earnings per share. The company’s quarterly revenue was up 11.7% on a year-over-year basis. On average, analysts expect Intuit to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Intuit Inc. (NASDAQ INTU) opened at $156.55 on Friday. Intuit Inc. has a 52 week low of $111.48 and a 52 week high of $156.71. The firm has a market capitalization of $40,000.00, a PE ratio of 41.17, a P/E/G ratio of 2.73 and a beta of 1.18. The company has a current ratio of 0.73, a quick ratio of 0.73 and a debt-to-equity ratio of 0.32.

A number of equities analysts recently weighed in on INTU shares. Zacks Investment Research lowered Intuit from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Jefferies Group LLC started coverage on Intuit in a research report on Thursday, August 24th. They issued a “buy” rating and a $157.00 price target for the company. Deutsche Bank AG reiterated a “buy” rating and issued a $150.00 price target on shares of Intuit in a research report on Wednesday, August 23rd. Bank of America Corporation reiterated a “buy” rating and issued a $145.00 price target on shares of Intuit in a research report on Wednesday, August 23rd. Finally, UBS AG started coverage on Intuit in a research report on Thursday, November 9th. They issued a “neutral” rating and a $152.00 price target for the company. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and twelve have given a buy rating to the company. Intuit presently has an average rating of “Buy” and a consensus price target of $149.00.

In other news, EVP Sasan K. Goodarzi sold 98,901 shares of the firm’s stock in a transaction dated Thursday, August 24th. The stock was sold at an average price of $135.22, for a total transaction of $13,373,393.22. Following the completion of the sale, the executive vice president now directly owns 7,801 shares of the company’s stock, valued at approximately $1,054,851.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Henry Tayloe Stansbury sold 1,783 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The stock was sold at an average price of $144.20, for a total value of $257,108.60. Following the sale, the executive vice president now directly owns 2,675 shares of the company’s stock, valued at $385,735. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,084,194 shares of company stock valued at $151,162,540. Company insiders own 5.70% of the company’s stock.

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Intuit Company Profile

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.

Earnings History for Intuit (NASDAQ:INTU)

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