Intuit Inc. (INTU) EPS Estimated At $-0.04

August 12, 2018 - By Hazel Jackson

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.
Parsec Finance Mgmt Incorporated reported 1,370 shares. Paloma Prtn Mgmt reported 0% in Intuit Inc. (NASDAQ:INTU). Bridgewater L P accumulated 2,954 shares. Duncker Streett And Incorporated owns 0.2% invested in Intuit Inc. (NASDAQ:INTU) for 4,492 shares. Dowling And Yahnke Ltd Liability Corporation invested 0.24% of its portfolio in Intuit Inc. (NASDAQ:INTU). Voya Inv Mgmt has 1.42M shares. Captrust Financial Advsrs reported 1,308 shares stake. 1St Source Savings Bank invested in 0.03% or 2,074 shares. Burney Company holds 0.01% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 1,225 shares. Hanson & Doremus Invest Management invested in 345 shares or 0.02% of the stock. Schwab Charles Investment Management reported 0.14% stake. Schaper Benz & Wise Counsel Incorporated Wi, a Wisconsin-based fund reported 31,635 shares. Vanguard Gp has invested 0.14% in Intuit Inc. (NASDAQ:INTU). Fjarde Ap owns 71,635 shares for 0.19% of their portfolio. Sit Invest stated it has 66,300 shares or 0.28% of all its holdings.

Since February 26, 2018, it had 0 insider buys, and 14 sales for $276.05 million activity. On Tuesday, February 27 the insider STANSBURY HENRY TAYLOE sold $1.66 million. FLOURNOY MARK J had sold 5,513 shares worth $1.09M. Wernikoff Daniel A sold 225,543 shares worth $44.32M.

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. The company was maintained on Wednesday, May 23 by Credit Suisse. Argus Research maintained it with “Buy” rating and $195 target in Monday, February 26 report. The firm earned “Neutral” rating on Thursday, April 26 by UBS. The stock of Intuit Inc. (NASDAQ:INTU) has “Buy” rating given on Monday, June 11 by Bank of America. The stock of Intuit Inc. (NASDAQ:INTU) has “Buy” rating given on Friday, February 23 by Oppenheimer. Bank of America maintained Intuit Inc. (NASDAQ:INTU) on Wednesday, February 21 with “Buy” rating. The firm earned “Hold” rating on Thursday, February 22 by RBC Capital Markets. The firm earned “Outperform” rating on Monday, March 12 by Credit Suisse. Barclays Capital maintained the shares of INTU in report on Friday, February 23 with “Equal-Weight” rating. The stock of Intuit Inc. (NASDAQ:INTU) earned “Sell” rating by First Analysis on Tuesday, May 22.

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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