Intuit (NASDAQ:INTU) released its earnings data on Thursday. The company reported ($0.06) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.10) by $0.04, Stock Ratings Network.com reports.
Intuit (NASDAQ:INTU) traded up 0.01% on Thursday, hitting $73.15. The stock had a trading volume of 2,182,441 shares. Intuit has a 52-week low of $55.54 and a 52-week high of $73.94. The stock has a 50-day moving average of $69.84 and a 200-day moving average of $64.31. The company has a market cap of $20.680 billion and a P/E ratio of 25.79.
INTU has been the subject of a number of recent research reports. Analysts at UBS AG raised their EPS on shares of Intuit in a research note to investors on Wednesday, November 13th. They now have a “buy” rating and a $84.00 price target on the stock. They previously had a $70.00 price target on the stock. On the ratings front, analysts at Thomson Reuters/Verus upgraded shares of Intuit from a “hold” rating to a “buy” rating in a research note to investors on Monday, November 4th. Finally, analysts at Wedbush raised their price target on shares of Intuit from $71.00 to $79.00 in a research note to investors on Wednesday, October 23rd. They now have an “outperform” rating on the stock. Two analysts have rated the stock with a sell rating, ten have issued a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $70.68.
Intuit Inc (NASDAQ:INTU) is a provider of business and financial management solutions for small businesses, consumers, accounting professionals and financial institutions.
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