Intuit moved 0.9% this afternoon session, trading between a high of $517.67 and a low of $501.185 per share. Yesterday the stock finished at $508.24 per share, compared to an average analyst target price of $566.3.
Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally. The large-cap computer software: prepackaged software company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.6%. Intuit has trailing twelve months earnings per share (EPS) of 8.4, which at today's prices amounts to a price to earnings (P/E) ratio of 61.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.11. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
---|---|---|---|---|
2022-09-02 | 12,726,000 | -2,266,000 | 82 | -1.2 |
2021-09-08 | 9,633,000 | -1,633,000 | 83 | 1.22 |
2020-08-31 | 7,679,000 | -1,356,000 | 82 | -1.2 |
2019-08-30 | 6,784,000 | -1,147,000 | 83 | -1.19 |
2018-08-31 | 5,964,000 | -962,000 | 84 | -1.18 |
2017-09-01 | 5,177,000 | -797,000 | 85 |
At 83.2%, Intuit's average gross margins are wider than the 70.92% average of its industry peer group, which suggests that the firm might have a competitive advantage.