Intuit (NASDAQ:INTU) Releases FY 2025 Earnings Guidance

Intuit (NASDAQ:INTU) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 19.160-19.360 for the period, compared to the consensus 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.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Scotiabank started coverage on shares of Intuit in a research note on Monday, November 18th. They issued a “sector perform” rating and a $700.00 price target on the stock. Royal Bank of Canada reissued an “outperform” rating and issued a $760.00 price objective on shares of Intuit in a research note on Friday, November 22nd. JPMorgan Chase & Co. increased their price objective on shares of Intuit from $600.00 to $640.00 and gave the company a “neutral” rating in a research note on Friday, November 22nd. Piper Sandler reaffirmed an “overweight” rating and set a $765.00 price target on shares of Intuit in a research note on Friday, January 10th. Finally, Oppenheimer raised their price target on shares of Intuit from $712.00 to $722.00 and gave the company an “outperform” rating in a research note on Friday, November 22nd. One research 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.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $726.71.

Intuit Stock Performance

INTU stock traded down $11.61 during mid-day trading on Tuesday, hitting $555.63. The company had a trading volume of 3,008,707 shares, compared to its average volume of 1,809,880. The firm has a market cap 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 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 12 month low of $553.24 and a 12 month high of $714.78. The stock’s fifty day moving average price is $610.15 and its two-hundred day moving average price is $628.07.

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

Insider Activity at Intuit

In other Intuit news, CAO Lauren D. Hotz sold 1,078 shares of the business’s stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $619.28, for a total value of $667,583.84. Following the completion of the transaction, the chief accounting officer now owns 1,864 shares of the company’s stock, valued at $1,154,337.92. The trade was a 36.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Laura A. Fennell sold 4,788 shares of the business’s stock in a transaction that occurred on Tuesday, January 7th. The stock was sold at an average price of $613.62, for a total transaction of $2,938,012.56. Following the completion of the transaction, the executive vice president now directly owns 30,010 shares of the company’s stock, valued at approximately $18,414,736.20. This represents a 13.76 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 218,014 shares of company stock valued at $140,855,687. Corporate insiders own 2.68% of the company’s stock.

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.