Intuit's (INTU) fourth-quarter fiscal 2024 results are expected to reflect strength in Online Ecosystem revenues, driven by the partnership with Los Angeles Urban League.
Intuit is a large business with a market capitalization of nearly $183 billion, generating strong cash flows and achieving rapid growth. Despite impressive financial results and growth, shares of Intuit are considered expensive compared to similar firms and historical prices. Management expects a strong year-over-year expansion in financial results for the final quarter of the 2024 fiscal year, but shares are still considered pricey.
Besides Wall Street's top -and-bottom-line estimates for Intuit (INTU), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.
Intuit (INTU) closed at $636.74 in the latest trading session, marking a -1.41% move from the prior day.
Intuit Inc INTU stock is trading lower Wednesday after Morgan Stanley analyst Keith Weiss downgraded the stock from Overweight to Equal-Weight and lowered its price target from $750 to $685.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Intuit (INTU) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
In the most recent trading session, Intuit (INTU) closed at $637.82, indicating a -1.47% shift from the previous trading day.
Software stocks are some of the best investment options available for 2024 after a 28.2% gain in the technology sector drove them to excellent returns in the first half of the year. In the first half of 2024 the Nasdaq Composite Index, which is mostly weighted with technology and software stocks, rose by 18.6%.
In the most recent trading session, Intuit (INTU) closed at $633.36, indicating a +1.12% shift from the previous trading day.
Here is why investing in American software stocks can be a smart move. Technology, and especially software is likely to prosper in the event of a Trump administration.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?