Intuit Inc. stock performance trend indicates that the stock price has rallied 5.99% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 12.64% . Looking at the past 52 week period, the stock price is up at 21.48% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Intuit Inc. has a positive value of 17.53 compared to overall market.Intuit Inc. is having a Relative Strength Index of 56.12 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Intuit Inc. (NASDAQ:INTU) has tumbled 0.82% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.39% in the last four weeks. The stocks have underperformed the S&P 500 by 1.05% during the past week but Intuit Inc. (NASDAQ:INTU) it has outperformed the index in 4 weeks by 2.21%.
Company shares have received an average consensus rating of Hold for the current week Intuit Inc. (NASDAQ:INTU) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.43 points or 0.35% at $123.92 with 1,668,084 shares getting traded. Post opening the session at $124.5, the shares hit an intraday low of $123.69 and an intraday high of $124.63 and the price was in this range throughout the day. The company has a market cap of $31,697 million and the number of outstanding shares has been calculated to be 255,785,330 shares. The 52-week high of Intuit Inc. (NASDAQ:INTU) is $128.45 and the 52-week low is $99.2.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Intuit was Upgraded by Credit Suisse to Outperform on Feb 24, 2017. Company shares were Reiterated by RBC Capital Mkts on Feb 24, 2017 to Sector Perform, Raises Price Target to $ 111 from a previous price target of $108 .
Company has reported several Insider transactions to the SEC, on Mar 3, 2017, Mark J Flournoy (VP, Chief Accounting Officer) sold 8,651 shares at 125.25 per share price.On Mar 2, 2017, Henry Tayloe Stansbury (EVP, Chief Technology Officer) sold 3,742 shares at 125.23 per share price.On Feb 28, 2017, Brad D Smith (Chairman, CEO & President) sold 103,445 shares at 126.32 per share price.
Intuit Last issued its quarterly earnings results on Feb 23, 2017. The company reported $0.26 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.25. The company had revenue of $1016.00 million for the quarter, compared to analysts expectations of $1013.26 million. The companys revenue was up 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 EPS.
Intuits mission is to revolutionize how people manage their financial activities. The companys objective is to greatly expand the world of electronic finance. Electronic finance encompasses three types of products and services: desktop software products that operate on customers personal computers to automate financial tasks; products and services that are delivered via the Internet; and products and services that connect Internet-based services with desktop software to enable customers to integrate their financial activities.