Intuit Inc. (INTU) Analysts See $-0.04 EPS

August 12, 2018 - By Elizabeth Bryant

Intuit Inc. (NASDAQ:INTU) LogoInvestors sentiment decreased to 0.78 in Q1 2018. Its down 0.12, from 0.9 in 2017Q4. It turned negative, as 31 investors sold Intuit Inc. shares while 277 reduced holdings. 59 funds opened positions while 180 raised stakes. 219.45 million shares or 1.28% more from 216.67 million shares in 2017Q4 were reported.
Fiduciary Tru Co invested in 0.02% or 2,853 shares. Ontario Teachers Pension Plan Board owns 56,024 shares. Morgan Dempsey Cap Management Ltd Liability Company has 0% invested in Intuit Inc. (NASDAQ:INTU). Cohen Klingenstein Limited Liability Corp has 0.51% invested in Intuit Inc. (NASDAQ:INTU) for 20,600 shares. Prudential Public Ltd Company holds 0% or 7,344 shares in its portfolio. Andra Ap owns 48,500 shares for 0.22% of their portfolio. 15,990 are held by Laffer. Comerica Bancorp holds 86,077 shares. Perritt Capital Mgmt invested in 0.11% or 1,856 shares. Osborne Cap Mngmt Limited Liability Corp holds 0.36% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 15,100 shares. Northern has 3.07 million shares for 0.14% of their portfolio. Schroder Mngmt Gp stated it has 0.08% of its portfolio in Intuit Inc. (NASDAQ:INTU). Tocqueville Asset Mgmt Limited Partnership stated it has 0.14% of its portfolio in Intuit Inc. (NASDAQ:INTU). The Michigan-based Liberty Mngmt has invested 3.24% in Intuit Inc. (NASDAQ:INTU). Pennsylvania-based Federated Investors Incorporated Pa has invested 0.01% in Intuit Inc. (NASDAQ:INTU).

Since February 26, 2018, it had 0 insider buys, and 14 insider sales for $276.05 million activity. 214,272 shares valued at $38.13 million were sold by COOK SCOTT D on Thursday, March 15. On Tuesday, May 29 Wernikoff Daniel A sold $44.32 million worth of Intuit Inc. (NASDAQ:INTU) or 225,543 shares. FLOURNOY MARK J sold $1.09 million worth of stock.

Analysts expect Intuit Inc. (NASDAQ:INTU) to report $-0.04 EPS on August, 23 after the close.They anticipate $0.14 EPS change or 140.00 % from last quarter’s $0.1 EPS. After having $4.56 EPS previously, Intuit Inc.’s analysts see -100.88 % EPS growth. The stock decreased 0.09% or $0.18 during the last trading session, reaching $211.01. About 727,708 shares traded. Intuit Inc. (NASDAQ:INTU) has risen 42.45% since August 13, 2017 and is uptrending. It has outperformed by 29.88% the S&P500.

Intuit Inc. (NASDAQ:INTU) Ratings Coverage

Among 14 analysts covering Intuit (NASDAQ:INTU), 8 have Buy rating, 1 Sell and 5 Hold. Therefore 57% are positive. Intuit had 24 analyst reports since February 13, 2018 according to SRatingsIntel. On Thursday, February 22 the stock rating was maintained by RBC Capital Markets with “Hold”. The company was maintained on Thursday, April 26 by Wells Fargo. On Thursday, April 26 the stock rating was maintained by UBS with “Neutral”. Stifel Nicolaus maintained the shares of INTU in report on Thursday, April 26 with “Hold” rating. The firm has “Buy” rating by Wells Fargo given on Wednesday, May 23. Stifel Nicolaus maintained Intuit Inc. (NASDAQ:INTU) rating on Friday, February 23. Stifel Nicolaus has “Hold” rating and $170 target. Barclays Capital maintained Intuit Inc. (NASDAQ:INTU) on Tuesday, February 13 with “Equal-Weight” rating. As per Tuesday, May 22, the company rating was downgraded by First Analysis. The stock has “Buy” rating by Bank of America on Wednesday, February 21. Bank of America maintained Intuit Inc. (NASDAQ:INTU) on Tuesday, May 1 with “Buy” rating.

Intuit Inc. provides financial management and compliance services and products for small businesses, consumers, self-employed, and accounting professionals in the United States and internationally. The company has market cap of $54.14 billion. The company's Small Business segment provides small business payroll services and products, including QuickBooks Desktop software products, such as Desktop Pro, Desktop for Mac, Desktop Premier, and Enterprise; QuickBooks Basic Payroll and QuickBooks Enhanced Payroll; QuickBooks Point of Sale solutions; ProAdvisor Program memberships for accounting professionals; and financial supplies. It has a 46.31 P/E ratio. This segment also offers QuickBooks Online, and QuickBooks Self-Employed financial and business management offerings; QuickBooks Enterprise term licenses and QuickBooks technical support plans; small business payroll services, including QuickBooks Online Payroll, Intuit Online Payroll, QuickBooks Assisted Payroll, and Intuit Full Service Payroll; and payment processing services for small businesses.

More news for Intuit Inc. (NASDAQ:INTU) were recently published by: Seekingalpha.com, which released: “Intuit sells largest data center, updates guidance” on July 18, 2018. Seekingalpha.com‘s article titled: “Intuit And The Art Of Customer Monetization” and published on July 19, 2018 is yet another important article.

Intuit Inc. (NASDAQ:INTU) Institutional Positions Chart

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