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

August 10, 2018 - By Kristen Paramore

Intuit Inc. (NASDAQ:INTU) LogoInvestors sentiment decreased to 0.78 in 2018 Q1. Its down 0.12, from 0.9 in 2017Q4. It dived, 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.
Piedmont Investment Advsrs Ltd Liability Company holds 0.2% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 42,623 shares. Hillsdale Inv has 0.05% invested in Intuit Inc. (NASDAQ:INTU). Parsec Financial Mgmt Incorporated holds 0.02% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 1,370 shares. Clean Yield holds 20,618 shares. Aperio Group Inc Limited Liability Corp owns 205,322 shares. Bridgewater Associates Limited Partnership reported 0% in Intuit Inc. (NASDAQ:INTU). Fil invested in 393,500 shares or 0.19% of the stock. Meiji Yasuda Life Ins Com accumulated 0.16% or 5,950 shares. Silvercrest Asset Mgmt Gp Ltd Liability Co stated it has 5,510 shares or 0.01% of all its holdings. Lpl Finance Lc has invested 0.01% in Intuit Inc. (NASDAQ:INTU). Eulav Asset Mgmt has invested 0.36% in Intuit Inc. (NASDAQ:INTU). Atlantic Group Inc Ltd Limited Liability Company reported 4,382 shares or 0% of all its holdings. Putnam Ltd Limited Liability Company holds 0.11% or 277,927 shares. Franklin Resources Incorporated holds 0.13% in Intuit Inc. (NASDAQ:INTU) or 1.43 million shares. Hightower Advsrs Ltd Liability Company has invested 0.02% in Intuit Inc. (NASDAQ:INTU).

Since February 26, 2018, it had 0 insider purchases, and 14 insider sales for $276.05 million activity. 5,513 Intuit Inc. (NASDAQ:INTU) shares with value of $1.09 million were sold by FLOURNOY MARK J. STANSBURY HENRY TAYLOE sold $796,915 worth of stock. Wernikoff Daniel A sold 225,543 shares worth $44.32 million.

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 11, 2017 and is uptrending. It has outperformed by 29.88% the S&P500.

Intuit Inc. (NASDAQ:INTU) Ratings Coverage

Among 15 analysts covering Intuit (NASDAQ:INTU), 9 have Buy rating, 1 Sell and 5 Hold. Therefore 60% are positive. Intuit had 25 analyst reports since February 12, 2018 according to SRatingsIntel. The company was maintained on Monday, March 12 by Credit Suisse. The firm has “Buy” rating given on Friday, February 23 by Oppenheimer. The firm has “Neutral” rating given on Wednesday, May 23 by JP Morgan. As per Friday, February 23, the company rating was maintained by Stifel Nicolaus. RBC Capital Markets maintained Intuit Inc. (NASDAQ:INTU) on Thursday, February 22 with “Hold” rating. The rating was maintained by Stifel Nicolaus on Wednesday, May 23 with “Hold”. As per Tuesday, June 19, the company rating was upgraded by Stifel Nicolaus. The firm earned “Neutral” rating on Friday, February 23 by UBS. Deutsche Bank maintained the stock with “Buy” rating in Monday, February 12 report. The stock has “Outperform” rating by Credit Suisse on Wednesday, May 23.

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 important recent Intuit Inc. (NASDAQ:INTU) news were published by: Seekingalpha.com which released: “Intuit And The Art Of Customer Monetization” on July 19, 2018, also Investorplace.com published article titled: “7 Best Places for Millennials to Work (That Are Also Great Stocks to Buy)”, Seekingalpha.com published: “Intuit sells largest data center, updates guidance” on July 18, 2018. More interesting news about Intuit Inc. (NASDAQ:INTU) was released by: Benzinga.com and their article: “Benzinga’s Top Upgrades, Downgrades For August 8, 2018” with publication date: August 08, 2018.

Intuit Inc. (NASDAQ:INTU) Institutional Positions Chart

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