Media stories about Intuit (NASDAQ:INTU) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Intuit earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the software maker an impact score of 45.679977675937 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

These are some of the news articles that may have impacted Accern Sentiment’s analysis:

INTU has been the topic of several research reports. Jefferies Group initiated coverage on Intuit in a research report on Thursday, August 24th. They set a “buy” rating and a $157.00 price target on the stock. UBS initiated coverage on Intuit in a research report on Thursday, November 9th. They set a “neutral” rating and a $152.00 price target on the stock. Oppenheimer upped their price target on Intuit from $141.00 to $146.00 and gave the company an “outperform” rating in a research report on Thursday, August 24th. Bank of America reissued a “buy” rating and set a $145.00 price target on shares of Intuit in a research report on Wednesday, August 23rd. Finally, Credit Suisse Group reissued an “outperform” rating and set a $155.00 price target (up from $150.00) on shares of Intuit in a research report on Wednesday, August 23rd. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and twelve have assigned a buy rating to the company. Intuit presently has a consensus rating of “Hold” and an average target price of $152.89.

Shares of Intuit (NASDAQ INTU) traded down $1.25 during midday trading on Wednesday, reaching $159.88. The company’s stock had a trading volume of 1,740,100 shares, compared to its average volume of 1,489,799. Intuit has a 1 year low of $111.90 and a 1 year high of $161.44. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.67 and a quick ratio of 0.67. The firm has a market capitalization of $40,740.00, a price-to-earnings ratio of 43.08, a PEG ratio of 2.90 and a beta of 1.18.

Intuit (NASDAQ:INTU) last issued its earnings results on Monday, November 20th. The software maker reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.19) by $0.30. Intuit had a return on equity of 77.56% and a net margin of 18.62%. The firm had revenue of $886.00 million for the quarter, compared to analyst estimates of $855.74 million. During the same period last year, the company earned $0.06 earnings per share. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. equities research analysts predict that Intuit will post 3.95 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 18th. Shareholders of record on Wednesday, January 10th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, January 9th. Intuit’s dividend payout ratio is presently 41.27%.

In other news, CEO Brad D. Smith sold 110,496 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $151.40, for a total value of $16,729,094.40. Following the completion of the transaction, the chief executive officer now owns 399,246 shares of the company’s stock, valued at $60,445,844.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Chairman Scott D. Cook sold 112,731 shares of the stock in a transaction on Monday, December 18th. The stock was sold at an average price of $160.97, for a total value of $18,146,309.07. The disclosure for this sale can be found here. In the last three months, insiders sold 808,878 shares of company stock valued at $124,114,728. Company insiders own 5.59% of the company’s stock.

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Intuit Company Profile

Intuit Inc is a provider of business and financial management solutions for small businesses, consumers and accounting professionals. The Company operates through three segments: Small Business, Consumer Tax and ProConnect. The Small Business segment serves and advises small businesses and the accounting professionals, and includes QuickBooks financial and business management online services and desktop software, payroll solutions, and payment processing solutions.

Insider Buying and Selling by Quarter for Intuit (NASDAQ:INTU)

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