Intuit Inc.: A Sage Investment or Just Playing by Numbers?

Dive into the numbers with Intuit Inc. - the financial software giant making serious growth strides. #Intuit #StockAnalysis #Investing


7/14/20231 min read

What's up, investor gang? Today we're setting our sights on Intuit Inc. (NASDAQ: INTU), a big-time player in the world of financial software. Ready to see if this stock has the "quick" numbers to boost your portfolio? Let's find out!

Intuit Inc., famous for its versatile financial tools like QuickBooks and TurboTax, is posting some eye-catching numbers of its own. The company has reported a 17% EPS change in the last quarter, coupled with an impressive three-quarter average growth of 22.3%.

Despite the lack of recent EPS acceleration, there's a hefty estimated growth of 1150% expected for the current quarter (yes, you read that correctly!).

This financial juggernaut has enjoyed an annual earnings growth rate of 27% over the last three years and has shown consistent EPS growth for four consecutive years. The current year's EPS is projected to rise by a whopping 76%.

On the sales side, Intuit reported a 7% change in the last quarter and has sustained a robust three-year growth rate of 29%. Pre-tax margin stands at a healthy 34.8% annually with an impressive ROE of 25.6%.

Now, let's talk price. Currently, Intuit's stock is at $448.19, about 9% off its 52-week high and 2% above its 50-day moving average. The 50-day average volume stands at 1.9 million shares.

With a market capitalization of $125.5 billion and an uptrend in fund ownership over the past four quarters, Intuit shows its staying power in the market. So, ready to account for this one in your portfolio?