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Why the Market Dipped But Intuit (INTU) Gained Today
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Intuit (INTU - Free Report) ended the recent trading session at $341.09, demonstrating a +2.99% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 1.82%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq decreased by 2.86%.
Heading into today, shares of the maker of TurboTax, QuickBooks and other accounting software had gained 17.12% over the past month, outpacing the Computer and Technology sector's loss of 6.04% and the S&P 500's gain of 0.71%.
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 November 19, 2026. In that report, analysts expect Intuit to post earnings of $2.47 per share. This would mark a year-over-year decline of 26.05%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.3 billion, indicating a 10.81% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $23.5 per share and revenue of $23.39 billion, which would represent changes of -3.17% and +9.07%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Intuit. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.03% higher within the past month. Intuit is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, Intuit is currently being traded at a Forward P/E ratio of 14.1. This denotes a discount relative to the industry average Forward P/E of 18.05.
It's also important to note that INTU currently trades at a PEG ratio of 1.07. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Computer - Software industry was having an average PEG ratio of 1.46.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 73, putting it in the top 30% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
View the Zacks #1 Rank List
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Why the Market Dipped But Intuit (INTU) Gained Today
Intuit (INTU - Free Report) ended the recent trading session at $341.09, demonstrating a +2.99% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 1.82%. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq decreased by 2.86%.
Heading into today, shares of the maker of TurboTax, QuickBooks and other accounting software had gained 17.12% over the past month, outpacing the Computer and Technology sector's loss of 6.04% and the S&P 500's gain of 0.71%.
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 November 19, 2026. In that report, analysts expect Intuit to post earnings of $2.47 per share. This would mark a year-over-year decline of 26.05%. Meanwhile, the latest consensus estimate predicts the revenue to be $4.3 billion, indicating a 10.81% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $23.5 per share and revenue of $23.39 billion, which would represent changes of -3.17% and +9.07%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Intuit. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.03% higher within the past month. Intuit is currently sporting a Zacks Rank of #3 (Hold).
With respect to valuation, Intuit is currently being traded at a Forward P/E ratio of 14.1. This denotes a discount relative to the industry average Forward P/E of 18.05.
It's also important to note that INTU currently trades at a PEG ratio of 1.07. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the Computer - Software industry was having an average PEG ratio of 1.46.
The Computer - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 73, putting it in the top 30% 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.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.