The company shares have rallied 25.03% in the past 52 Weeks. During the same quarter a year ago, the business posted ($0.01) EPS. The 50-day moving average is $105.07 and the 200 day moving average is recorded at $100.81. S&P 500 has rallied 6.63% during the last 52-weeks. On a different note, the shares have seen 0.09% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $1.54 million in upticks and an outflow of $7.1 million in downticks. The stock was sold at an average price of $105.06, for a total value of $305,514.48. Wall Street Brokerage Firms have recommended on the company shares. 5 analysts have added the shares in their list of strong buys.
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Analysts had forecast for full year financial results above the company’s guidance. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the stock.
Analysts surveyed by Thomson Reuters had expected the company to report a loss of 11 cents per share on revenue of $739 million for the fourth quarter. Morgan Stanley have set their target price at 105 United States dollars on its stock.
In looking at the near-term stock price target provided by analysts, Intuit Inc.
INTU has been the subject of several recent research reports. (NASDAQ:INTU) which led to swings in the share price. Management guided for earnings of $0.18 per share on revenue of $1.595 billion. There are now 276,610,761 shares in issue with the average daily volume traded being 1,073,994.
The Mountain View company’s shares slid to as low as $85.11 after the market opened Friday, after closing at $106.27 before posting its quarterly financials on Thursday. Intuit has a 52-week low of $77.96 and a 52-week high of $109.21.
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Small Business Group include seven segments: financial management solutions, employee management solutions, payment solutions, consumer tax, accounting professionals, financial services and other businesses. This year, the company faced challenges when it alienated some customers by changing the pricing of some of its widely used products and temporarily halting state-tax processing after its service was used to file a large number of fraudulent returns. Financial Services: This segment consists of digital (online and mobile) banking solutions and Other Businesse segment includes its global businesses.
