Intuit Inc.s in-depth stock price analysis indicates that the stock price has rallied 1.34% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.54% . Looking at the past 52 week period, the stock price is up at 24.29% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Intuit Inc. has a positive value of 10.19 compared to overall market. Intuit Inc. (NASDAQ:INTU) has tumbled 0.71% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 0.37% in the last four weeks. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.51%. Intuit Inc. (NASDAQ:INTU) has underperformed the index by 1.43% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Intuit Inc. (NASDAQ:INTU) : On Friday heightened volatility was witnessed in Intuit Inc. (NASDAQ:INTU) which led to swings in the share price. The stock opened for trading at $116.56 and hit $117.55 on the upside , eventually ending the session at $117.53, with a gain of 1.24% or 1.44 points. The heightened volatility saw the trading volume jump to 1,428,133 shares. The 52-week high of the share price is $120.55 and the company has a market cap of $30,166 million. The 52-week low of the share price is at $88.17 .
Intuit Last issued its quarterly earnings results on Nov 17, 2016. The company reported $0.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.03. The company had revenue of $778.00 million for the quarter, compared to analysts expectations of $754.36 million. The companys revenue was up 9.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS.
Company has reported several Insider transactions to the SEC, on Dec 29, 2016, Henry Tayloe Stansbury (EVP, Chief Technology Officer) sold 1,871 shares at 116.88 per share price.On Nov 22, 2016, Daniel A Wernikoff (EVP & GM, Consumer Tax Group) sold 13,504 shares at 115.33 per share price.On Nov 22, 2016, Mark J Flournoy (VP, Chief Accounting Officer) sold 1,892 shares at 115.48 per share price.
Intuits mission is to revolutionize how people manage their financial activities. The companys objective is to greatly expand the world of electronic finance. Electronic finance encompasses three types of products and services: desktop software products that operate on customers personal computers to automate financial tasks; products and services that are delivered via the Internet; and products and services that connect Internet-based services with desktop software to enable customers to integrate their financial activities.