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Intuit (INTU) Advances But Underperforms Market: Key Facts
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In the latest close session, Intuit (INTU - Free Report) was up +1.64% at $323.60. The stock lagged the S&P 500's daily gain of 1.79%. Meanwhile, the Dow gained 1.71%, and the Nasdaq, a tech-heavy index, added 2.59%.
Coming into today, shares of the maker of TurboTax, QuickBooks and other accounting software had gained 17% in the past month. In that same time, the Computer and Technology sector lost 0.46%, while the S&P 500 gained 1.72%.
Investors will be eagerly watching for the performance of Intuit in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 25, 2026. The company is forecasted to report an EPS of $3.59, showcasing a 30.55% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.27 billion, up 11.52% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $23.86 per share and revenue of $21.37 billion, indicating changes of +18.41% and +13.48%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Intuit. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.33% increase. Intuit is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Intuit currently has a Forward P/E ratio of 11.64. This signifies a discount in comparison to the average Forward P/E of 17.47 for its industry.
We can additionally observe that INTU currently boasts a PEG ratio of 0.78. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Computer - Software industry held an average PEG ratio of 1.57.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 88, putting it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTU in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Intuit (INTU) Advances But Underperforms Market: Key Facts
In the latest close session, Intuit (INTU - Free Report) was up +1.64% at $323.60. The stock lagged the S&P 500's daily gain of 1.79%. Meanwhile, the Dow gained 1.71%, and the Nasdaq, a tech-heavy index, added 2.59%.
Coming into today, shares of the maker of TurboTax, QuickBooks and other accounting software had gained 17% in the past month. In that same time, the Computer and Technology sector lost 0.46%, while the S&P 500 gained 1.72%.
Investors will be eagerly watching for the performance of Intuit in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on August 25, 2026. The company is forecasted to report an EPS of $3.59, showcasing a 30.55% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $4.27 billion, up 11.52% from the year-ago period.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $23.86 per share and revenue of $21.37 billion, indicating changes of +18.41% and +13.48%, respectively, compared to the previous year.
Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Intuit. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.33% increase. Intuit is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Intuit currently has a Forward P/E ratio of 11.64. This signifies a discount in comparison to the average Forward P/E of 17.47 for its industry.
We can additionally observe that INTU currently boasts a PEG ratio of 0.78. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As of the close of trade yesterday, the Computer - Software industry held an average PEG ratio of 1.57.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 88, putting it in the top 36% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow INTU in the coming trading sessions, be sure to utilize Zacks.com.