EPS for Intuit Inc. (INTU) Expected At $-0.20

November 10, 2018 - By Hugh Holland

Intuit Inc. (NASDAQ:INTU) LogoInvestors sentiment increased to 1.25 in Q2 2018. Its up 0.47, from 0.78 in 2018Q1. It improved, as 15 investors sold Intuit Inc. shares while 243 reduced holdings. 103 funds opened positions while 220 raised stakes. 215.26 million shares or 1.91% less from 219.45 million shares in 2018Q1 were reported.
Blair William And Il holds 0.37% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 267,535 shares. Pacific Glob Management Com holds 1,160 shares or 0.05% of its portfolio. Geode Cap Mgmt Ltd Liability reported 3.27 million shares or 0.2% of all its holdings. First Quadrant Ltd Partnership Ca reported 0% stake. Oakbrook Ltd holds 0.12% or 9,512 shares in its portfolio. Abner Herrman Brock Limited Liability Company holds 0.04% or 1,196 shares in its portfolio. Martingale Asset Mgmt Limited Partnership holds 0.79% or 312,817 shares in its portfolio. Investec Asset Mngmt North America Incorporated has 43,527 shares. Fort Ltd Partnership, a Maryland-based fund reported 589 shares. Amica Pension Fund Board Of Trustees stated it has 0.2% in Intuit Inc. (NASDAQ:INTU). Bluemountain Capital Mgmt Ltd Liability holds 9,542 shares or 0.04% of its portfolio. Dubuque State Bank & Co invested in 0% or 125 shares. Farmers And Merchants Invs, a Nebraska-based fund reported 188 shares. Financial Architects reported 0.02% of its portfolio in Intuit Inc. (NASDAQ:INTU). Cetera Advisor Ntwk Ltd Liability stated it has 0.03% in Intuit Inc. (NASDAQ:INTU).

Since May 24, 2018, it had 0 insider buys, and 16 selling transactions for $247.04 million activity. 254,325 Intuit Inc. (NASDAQ:INTU) shares with value of $57.90 million were sold by SMITH BRAD D. $22.16 million worth of stock was sold by COOK SCOTT D on Wednesday, September 19. $979,360 worth of Intuit Inc. (NASDAQ:INTU) was sold by POWELL DENNIS D. 225,543 shares valued at $44.32 million were sold by Wernikoff Daniel A on Tuesday, May 29. FLOURNOY MARK J sold $1.09M worth of Intuit Inc. (NASDAQ:INTU) on Thursday, May 24.

Analysts expect Intuit Inc. (NASDAQ:INTU) to report $-0.20 EPS on November, 19.They anticipate $0.06 EPS change or 42.86 % from last quarter’s $-0.14 EPS. After having $0.04 EPS previously, Intuit Inc.’s analysts see -600.00 % EPS growth. The stock decreased 0.48% or $1.07 during the last trading session, reaching $222.17. About 1.59 million shares traded. Intuit Inc. (NASDAQ:INTU) has risen 58.51% since November 10, 2017 and is uptrending. It has outperformed by 42.89% the S&P500.

Intuit Inc. (NASDAQ:INTU) Ratings Coverage

Among 12 analysts covering Intuit (NASDAQ:INTU), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Intuit had 19 analyst reports since May 22, 2018 according to SRatingsIntel. The stock of Intuit Inc. (NASDAQ:INTU) earned “Outperform” rating by Oppenheimer on Friday, September 28. On Friday, August 24 the stock rating was maintained by Credit Suisse with “Outperform”. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, May 23. On Monday, August 27 the stock rating was maintained by Wells Fargo with “Outperform”. The rating was maintained by Barclays Capital with “Equal-Weight” on Friday, September 7. Stifel Nicolaus upgraded the stock to “Buy” rating in Tuesday, June 19 report. On Friday, August 24 the stock rating was maintained by Stifel Nicolaus with “Buy”. The firm has “Neutral” rating by JP Morgan given on Wednesday, May 23. The company was maintained on Friday, September 28 by Credit Suisse. Barclays Capital maintained Intuit Inc. (NASDAQ:INTU) rating on Wednesday, August 15. Barclays Capital has “Equal-Weight” rating and $204 target.

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 $57.47 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 47.88 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.

Another recent and important Intuit Inc. (NASDAQ:INTU) news was published by Seekingalpha.com which published an article titled: “Intuit +2.4% on QuickBooks Connect product announcements” on November 07, 2018.

Intuit Inc. (NASDAQ:INTU) Institutional Positions Chart

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