What Should You Know About Intuit Before Investing?

Technology sector company Intuit posted a -4.4% performance today, while the S&P 500 returned -0.2%.

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The company is based in Mountain View and has 17,300 full time employees. Its market capitalization is $121,491,631,633. Intuit currently offers its equity investors a dividend that yields 0.6% per year.

23 analysts are following Intuit and have set target prices ranging from $330 to $650 per share. On average, they have given the company a rating of buy. At today's prices, INTU is trading -8.37% away from its average analyst target price of $472 per share.

Over the last year, INTU shares have gone down by -16.9%, which represents a difference of -9.8% when compared to the S&P 500. The stock's 52 week high is $579.96 per share and its 52 week low is $339.36. With average free cash flows of $2,807,750,000.0 that have been growing at an average rate of 19.8% over the last three years, Intuit declining stock performance may not be reflective of the quality of its underlying business.

Date Reported Cash Flow from Operations ($ MM) Capital expenditures ($ MM) Free Cash Flow ($ MM) YoY Growth (%)
2022-07-31 3,889 -229 3,660 17.12
2021-07-31 3,250 -125 3,125 37.24
2020-07-31 2,414 -137 2,277 4.98
2019-07-31 2,324 -155 2,169 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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