Company Update: Intuit Inc (NASDAQ:INTU) – For Tax Day, A Simpler And Better Way

[at Forbes] – Senator Warren’s bill would be a plus for those most in need of tax filing help, Services like H & R Block and Intuit’s Turbotax would still do just fine. Read more on this. Intuit Inc. (INTU) , with a current market cap of $26.69B, opened at $102.56. Today, shares have traded between $102.35 and $104.00 per share and has traded between $79.63 and $109.21 over the past year. INTU shares are currently priced at 29.55x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 21.19x earnings multiple. And for dividend hunters, the company pays shareholders $1.20 per share annually in dividends, yielding 1.17%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $3.18 per share, which would be $0.33 better than the year-ago quarter and a $0.03 sequential increase. Furthermore, our analysis shows the full-year EPS estimate to be $3.48, which would be a $0.89 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.23 Billion. If reported, that would be a 1.83% increase over the year-ago quarter. More recently, Brean Capital Initiated INTU at Buy (Apr 14, 2016). Previously, First Analysis Sec downgraded INTU from Equal-Weight to Underweight. The average price target for INTU shares by the analysts covering the stock is $107.67, which is 4.98% above where the stock opened this morning. See more in (NASDAQ:INTU) Similar Articles: Company Update: Intuit Inc (NASDAQ:INTU) – Why Intuit Rose 3.58% Last Week (INTU) Stock Update: Intuit Inc (NASDAQ:INTU) – Intuit finds a buyer for its Quicken business Company Update: Intuit Inc (NASDAQ:INTU) – Intuit Rolls out Product Innovations to Fuel Small Business Success at QuickBooks Connect