$-0.04 EPS Expected for Intuit Inc. (INTU)

August 12, 2018 - By Mark Mitchell

Intuit Inc. (NASDAQ:INTU) LogoInvestors sentiment decreased to 0.78 in 2018 Q1. Its down 0.12, from 0.9 in 2017Q4. It worsened, 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.
Moreover, Commonwealth National Bank Of has 0.02% invested in Intuit Inc. (NASDAQ:INTU) for 11,931 shares. Conning, Connecticut-based fund reported 7,755 shares. Moreover, Wells Fargo & Mn has 0.04% invested in Intuit Inc. (NASDAQ:INTU) for 829,773 shares. Checchi Cap Advisers Limited Liability Corporation has invested 0.06% in Intuit Inc. (NASDAQ:INTU). Howland Capital Ltd Llc reported 0.3% in Intuit Inc. (NASDAQ:INTU). Whittier Tru accumulated 2,864 shares. Natixis Advisors L P stated it has 34,565 shares or 0.06% of all its holdings. Bbva Compass National Bank & Trust invested in 19,514 shares. Alps Advsr reported 7,637 shares. D E Shaw & Inc, a New York-based fund reported 9,043 shares. Shine Invest Advisory Svcs has 0.07% invested in Intuit Inc. (NASDAQ:INTU). Texas Permanent School Fund holds 0.15% or 62,866 shares in its portfolio. 1,158 are owned by Pacific Invest Management Com. 1,198 are owned by Paloma Partners Mgmt. Pictet Asset Limited holds 0.38% or 893,492 shares in its portfolio.

Since February 26, 2018, it had 0 buys, and 14 insider sales for $276.05 million activity. 100,000 shares valued at $19.69 million were sold by COOK SCOTT D on Thursday, May 24. On Tuesday, May 29 the insider Wernikoff Daniel A sold $44.32M. 3,941 shares valued at $796,915 were sold by STANSBURY HENRY TAYLOE on Monday, June 25.

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 Wednesday, May 23 the stock rating was maintained by Credit Suisse with “Outperform”. On Sunday, April 22 the stock rating was maintained by Jefferies with “Buy”. The firm has “Hold” rating given on Friday, February 23 by Stifel Nicolaus. The firm earned “Buy” rating on Monday, June 11 by Bank of America. JP Morgan maintained the stock with “Neutral” rating in Wednesday, May 23 report. As per Friday, February 23, the company rating was maintained by UBS. Stifel Nicolaus maintained Intuit Inc. (NASDAQ:INTU) rating on Thursday, April 26. Stifel Nicolaus has “Hold” rating and $180 target. Argus Research maintained Intuit Inc. (NASDAQ:INTU) on Monday, February 26 with “Buy” rating. Barclays Capital maintained the shares of INTU in report on Tuesday, February 13 with “Equal-Weight” rating. JP Morgan maintained the shares of INTU in report on Thursday, April 26 with “Neutral” 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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