Zacks Rating on Intuit (INTU)

Intuit (INTU) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 12 equity analysts. Nonetheless, 5 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Intuit (INTU) : The highest level Intuit (INTU) is projected to reach is $134 for the short term and the lowest estimate is at $113. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $122.71 and the possibility the share price can swing is $8.64.


Shares of Intuit Inc. appreciated by 1.22% during the last five trading days but lost 0.1% on a 4-week basis. Intuit Inc. is up 6.36% in the last 3-month period. Year-to-Date the stock performance stands at 18.99%. Intuit (NASDAQ:INTU): stock turned positive on Tuesday. Though the stock opened at $113.25, the bulls momentum made the stock top out at $114 level for the day. The stock recorded a low of $112.5 and closed the trading day at $113.84, in the green by 1.16%. The total traded volume for the day was 1,533,836. The stock had closed at $112.54 in the previous days trading.

Intuit Inc. is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and Professional Tax. The Company operates in the United States, Canada, India, the United Kingdom, Singapore and Australia, among others. The Companys Small Business segment solutions include QuickBooks Online, Online Payroll solutions, Online Payments solutions and Intuit Developer Group. The Companys Small Business Desktop Ecosystem solutions include QuickBooks, Desktop Payroll Solutions, Desktop Payments solutions, QuickBooks Technical Support and financial supplies. The Consumer Tax segment offers tax return preparation offerings, electronic filing and other services, and Intuit Tax Freedom Project. The Companys professional tax offerings include Lacerte and ProSeries.

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