Intuit (NASDAQ:INTU) Updates Q1 2025 Earnings Guidance

Intuit (NASDAQ:INTU) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of 2.330-2.380 for the period, compared to the consensus earnings per share estimate of 2.790. The company issued revenue guidance of $3.1 billion-$3.2 billion, compared to the consensus revenue estimate of $3.4 billion. Intuit also updated its FY 2025 guidance to 19.160-19.360 EPS.

Intuit Trading Down 6.8 %

NASDAQ:INTU opened at $619.85 on Friday. The company has a market cap of $173.28 billion, a P/E ratio of 57.18, a price-to-earnings-growth ratio of 3.14 and a beta of 1.23. Intuit has a twelve month low of $473.56 and a twelve month high of $676.62. The business has a 50 day moving average price of $639.27 and a two-hundred day moving average price of $634.44. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.32.

Intuit (NASDAQ:INTU) last announced its earnings results on Thursday, August 22nd. The software maker reported $1.99 EPS for the quarter, topping the consensus estimate of $1.85 by $0.14. Intuit had a net margin of 19.43% and a return on equity of 18.61%. The business had revenue of $3.18 billion during the quarter, compared to analysts’ expectations of $3.08 billion. During the same quarter in the prior year, the company posted $0.40 earnings per share. The firm’s revenue was up 17.4% on a year-over-year basis. As a group, analysts expect that Intuit will post 11.72 EPS for the current fiscal year.

Intuit Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Thursday, October 10th will be issued a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 0.67%. The ex-dividend date is Thursday, October 10th. This is an increase from Intuit’s previous quarterly dividend of $0.90. Intuit’s dividend payout ratio is presently 33.21%.

Wall Street Analysts Forecast Growth

INTU has been the subject of a number of analyst reports. Susquehanna reissued a positive rating and issued a $757.00 price objective on shares of Intuit in a research report on Friday, August 16th. Jefferies Financial Group increased their price target on shares of Intuit from $770.00 to $790.00 and gave the company a buy rating in a report on Friday. Morgan Stanley cut Intuit from an overweight rating to an equal weight rating and reduced their price objective for the stock from $750.00 to $685.00 in a report on Wednesday, August 14th. BMO Capital Markets increased their target price on Intuit from $700.00 to $760.00 and gave the stock an outperform rating in a research note on Friday. Finally, Citigroup boosted their price target on Intuit from $727.00 to $750.00 and gave the company a buy rating in a research note on Friday, June 28th. Six equities research analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the stock. According to data from MarketBeat.com, Intuit presently has a consensus rating of Moderate Buy and a consensus target price of $703.27.

Insider Buying and Selling

In related news, EVP Mark P. Notarainni sold 465 shares of the stock in a transaction dated Tuesday, May 28th. The shares were sold at an average price of $604.58, for a total transaction of $281,129.70. Following the completion of the transaction, the executive vice president now owns 869 shares in the company, valued at $525,380.02. The transaction was disclosed in a document filed with the SEC, which is available through this link. In related news, insider Scott D. Cook sold 75,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 28th. The shares were sold at an average price of $597.85, for a total value of $44,838,750.00. Following the sale, the insider now directly owns 6,791,469 shares of the company’s stock, valued at $4,060,279,741.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark P. Notarainni sold 465 shares of the stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $604.58, for a total transaction of $281,129.70. Following the completion of the transaction, the executive vice president now directly owns 869 shares in the company, valued at approximately $525,380.02. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 195,963 shares of company stock worth $114,442,445. 2.90% of the stock is owned by corporate insiders.

About Intuit

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 operates in four segments: Small Business & Self-Employed, Consumer, Credit Karma, and ProTax.