Intuit (NASDAQ:INTU) Issues 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.

Intuit Price Performance

NASDAQ INTU traded down $25.09 during mid-day trading on Thursday, hitting $600.42. The stock had a trading volume of 2,358,704 shares, compared to its average volume of 1,899,814. Intuit has a 52-week low of $553.24 and a 52-week high of $714.78. The company has a market cap of $168.07 billion, a price-to-earnings ratio of 58.29, a P/E/G ratio of 2.85 and a beta of 1.24. The company has a 50 day simple moving average of $607.22 and a 200 day simple moving average of $627.53. The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 0.31.

Intuit Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Investors of record on Thursday, April 10th will be paid a $1.04 dividend. This represents a $4.16 annualized dividend and a yield of 0.69%. The ex-dividend date is Thursday, April 10th. Intuit’s payout ratio is currently 38.81%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on INTU shares. Barclays dropped their price objective on Intuit from $800.00 to $775.00 and set an “overweight” rating for the company in a research note on Friday, November 22nd. Scotiabank dropped their price target on Intuit from $700.00 to $600.00 and set a “sector perform” rating for the company in a research report on Thursday. Citigroup dropped their price target on Intuit from $760.00 to $726.00 and set a “buy” rating for the company in a research report on Wednesday. Piper Sandler reissued an “overweight” rating and set a $785.00 price target (up previously from $765.00) on shares of Intuit in a research report on Wednesday. Finally, Redburn Atlantic started coverage on Intuit in a research report on Wednesday, February 19th. They set a “neutral” rating for the company. One analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $717.88.

Insider Transactions at Intuit

In other news, CAO Lauren D. Hotz sold 1,078 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $619.28, for a total transaction of $667,583.84. Following the completion of the transaction, the chief accounting officer now directly owns 1,864 shares in the company, valued at approximately $1,154,337.92. The trade was a 36.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Alex G. Balazs sold 23,810 shares of the company’s stock in a transaction that occurred on 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. This trade represents a 97.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 218,014 shares of company stock worth $140,855,687. Company 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.