Intuit Inc. (Nasdaq: INTU) will split 3-for-1 at the end of the month. On Thursday, the Mountain View, Calif.-based financial software vendor announced plans for the stock division, to take effect after market close Sept. 30 for shareholders of record Sept. 20. Intuit had about 62.5 million shares outstanding at the end of July.
Another frequent question is “Will Intuit stock grow/rise/go up?”.
The Intuit stock price is 503.645 USD today. Will Intuit stock price grow / rise / go up? The INTU stock price can go up from 503.645 USD to 654.397 USD in one year. Is it profitable to invest in Intuit stock?
Should I buy intuit stock?
Intuit will likely generate stable revenue and earnings growth for years to come. But at 36 times forward earnings, the stock isn’t cheap relative to its near-term earnings growth, and its 0.7% yield won’t attract any income investors. The bulls might believe Intuit’s premium is justified by its stability and dominance of an evergreen market.
This begs the question “Should I invest in Intuit Inc stock?”
Historical index on US Stock Market: B+ “Should I invest in Intuit stock?” “Should I trade “INTU” stock today?” According to our live Forecast System, Intuit Inc stock is a very good long-term (1-year) investment*. “INTU” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis.
Intuit has received a consensus rating of Buy. The company’s average rating score is 2.79, and is based on 19 buy ratings, 5 hold ratings, and no sell ratings. According to analysts’ consensus price target of $662.70, Intuit has a forecasted upside of 25.4% from its current price of $528.55.
But this financial services company is more than just an investment play on tax season: Fintech is busting down old barriers between historically partitioned financial services, and Intuit looks poised to benefit — although it may not be the most exciting stock in this space.
Will Intuitive Surgical split its stock?
Intuitive Surgical has split its stock in the past. I’m surprised it took the company’s board as long as it did to approve another split. The idea behind stock splits is that they make shares more attractive to smaller investors. Sometimes — although not always — splits even serve as positive catalysts for stocks.
What is the upside for Intuit’s share price?
On average, they anticipate Intuit’s share price to reach $277.50 in the next year. This suggests a possible upside of 8.4% from the stock’s current price.
While researching we ran into the inquiry “What are analysts’target prices for Intuit’s shares?”.
This is what I ran into. 18 brokers have issued 12 month target prices for Intuit’s shares. Their predictions range from $200.00 to $325.00. On average, they expect Intuit’s share price to reach $277.50 in the next year. This suggests a possible upside of 7.2% from the stock’s current price.