Latest news with #INTU
Yahoo
19 hours ago
- Business
- Yahoo
Best Growth Stocks to Buy for June 20th
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, June 20th: BAE Systems plc BAESY: This company that provides defense, aerospace, and security solutionscarries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 3.9% over the last 60 days. Bae Systems PLC price-consensus-chart | Bae Systems PLC Quote BAE has a PEG ratio of 1.95 compared with 3.47 for the industry. The company possesses a Growth Score of B. Bae Systems PLC peg-ratio-ttm | Bae Systems PLC Quote Intuit Inc. INTU: This financial management, compliance, and marketing products and services company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days. Intuit Inc. price-consensus-chart | Intuit Inc. Quote Intuit has a PEG ratio of 2.46 compared with 2.55 for the industry. The company possesses a Growth Score of A. Intuit Inc. peg-ratio-ttm | Intuit Inc. Quote Nova Ltd. NVMI: This process control systems company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days. Nova Ltd. price-consensus-chart | Nova Ltd. Quote Nova has a PEG ratio of 1.88 compared with 9.79 for the industry. The company possesses a Growth Score of B. Nova Ltd. peg-ratio-ttm | Nova Ltd. Quote See the full list of top ranked stocks here. Learn more about the Growth score and how it is calculated here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU) : Free Stock Analysis Report Bae Systems PLC (BAESY) : Free Stock Analysis Report Nova Ltd. (NVMI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
5 days ago
- Business
- Yahoo
Here's How Much a $1000 Investment in Intuit Made 10 Years Ago Would Be Worth Today
How much a stock's price changes over time is important for most investors, since price performance can both impact your investment portfolio and help you compare investment results across sectors and industries. Another thing that can drive investing is the fear of missing out, or FOMO. This particularly applies to tech giants and popular consumer-facing stocks. What if you'd invested in Intuit (INTU) ten years ago? It may not have been easy to hold on to INTU for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Intuit's main business drivers. Headquartered in Mountain View, CA, Intuit Inc. is a business and financial software company that develops and sells financial, accounting and tax preparation software and related services for small businesses, consumers and accounting professionals globally. The company has offices in the United States, Canada, India, the United Kingdom, Singapore, Australia, and other fiscal 2024, Intuit generated total revenues of $16.3 billion. The company has four reportable segments: Small Business and Self-Employed Group, Consumer and Strategic Partner, ProConnect and Credit Business and Self-Employed Group (58.5% of fiscal 2024 revenues) segment serves small businesses and self-employed people around the world, and the accounting professionals who serve and advise them. Intuit's offerings include QuickBooks financial and business-management online services and desktop software, payroll solutions, merchant payment-processing solutions, and financing for small (27.3% of fiscal 2024 revenues) segment offers DIY and assisted TurboTax income-tax preparation products and services. These solutions are sold in the United States and Canada. Intuit's Mint and Turbo offerings serve consumers and help them understand and improve their financial lives by offering a view of their financial (3.7% of fiscal 2024 revenues) serves professional accountants in the United States and Canada, who are essential to both small businesses' success and tax preparation and filing. Intuit's professional tax offerings include Lacerte, ProSeries, ProFile, and ProConnect Tax Karma (10.5% of fiscal 2024 revenues) segment offers personal finance services including credit cards, personal loans, home and auto loans and the Small Business and Self-Employed segment, Intuit competes with companies such as The Sage Group. In payroll, it competes with Automatic Data Processing and Paychex, among others. In the area of merchant services, the company's rivals are financial institutions like Wells Fargo, JP Morgan Chase and Bank of America. In the Consumer Segment, Intuit faces intense competition from tax preparation service provider H&R Block. Putting together a successful investment portfolio takes a combination of research, patience, and a little bit of risk. For Intuit, if you bought shares a decade ago, you're likely feeling really good about your investment today. A $1000 investment made in June 2015 would be worth $7,199.27, or a gain of 619.93%, as of June 16, 2025, according to our calculations. This return excludes dividends but includes price appreciation. In comparison, the S&P 500 gained 185.42% and the price of gold went up 178.11% over the same time frame. Looking ahead, analysts are expecting more upside for INTU. Intuit's third quarter of fiscal 2025 results reflected steady revenues from the Online Ecosystem and Desktop business segments. Strong momentum in Online Services revenues driven by strong performances of Mailchimp, payroll and Money, which includes payments, capital and bill pay. The Credit Karma business is benefiting from strength in Credit Karma Money, credit cards, auto insurance and personal loans. INTU's strategy of shifting its business to a cloud-based subscription model will help generate stable revenues over the long run. However, higher costs and expenses due to increased investments in marketing and engineering teams are likely to negatively impact bottom-line results in the near term. INTU's leveraged balance sheet remains a concern. Shares have underperformed the industry in the year to date period. Shares have gained 12.49% over the past four weeks and there have been 11 higher earnings estimate revisions for fiscal 2025 compared to none lower. The consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
5 Technology Heavyweights That Surged in H1 & Have Room to Run in H2
The artificial intelligence (AI)-driven, astonishing bull run of 2023 and 2024 has suffered major hurdles in 2025. The Fed's ambiguity over further rate cuts this year, fears of a near-term recession and the availability of a low-cost Chinese AI platform have unnerved investors. However, the technology sector has lately returned to its northward trajectory. Expectations of a U.S.-China trade deal, the delay by the Trump administration to impose 50% tariffs on the European Union and the ongoing negotiations related to tariff and trade policies with several other major trading partners of the United States boosted market participants' confidence. At this stage, we have identified five technology giants that have surged in first-half 2025. The favorable Zacks Rank of these companies will usher in more price upside in the second half. These stocks are: Amphenol Corp. APH, Intuit Inc. INTU, Okta Inc. OKTA, Lam Research Corp. LRCX and KLA Corp. KLAC. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks here. The chart below shows the price performance of our five picks year to date. Image Source: Zacks Investment Research Zacks Rank #1 Amphenol provides connectivity solutions using AI and ML (machine learning) technologies. It provides AI-powered high-density, high-speed connectors and cables, and interconnect systems optimized for signal integrity and thermal performance. Amphenol benefits from a diversified business model. APH's strong portfolio of solutions, including high-technology interconnect products, is a key catalyst. Increased spending on both current and next-generation defense technologies bodes well for APH's top-line growth. Apart from Defense, APH's prospects ride on strong demand for its solutions across the Commercial Air, Industrial and Mobile devices. The Andrew acquisition is expected to add roughly $0.09 to earnings in 2025. APH's diversified business model lowers the volatility of individual end markets and geographies. Its strong cash-flow-generating ability is noteworthy. Amphenol has an expected revenue and earnings growth rate of 32.3% and 40.7%, respectively, for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.5% in the last 30 days. Zacks Rank #1 Intuit has been benefiting from steady revenues from the Online Ecosystem and Desktop business segments. INTU's strong momentum in Online Services revenues is driven by the solid performance of Mailchimp, payroll and Money, which includes payments, capital and bill pay. INTU's Credit Karma business is benefiting from strength in Credit Karma Money, credit cards, auto insurance and personal loans. INTU's strategy of shifting its business to a cloud-based subscription model will help generate stable revenues over the long run. Cloud is a flourishing part of the technology space and has been gaining momentum in recent years. Intuit's generative artificial intelligence (AI)-powered "Intuit Assist," provides financial assistant, enabling personalized insights and recommendations, integrated into products like TurboTax, Credit Karma, QuickBooks, and Mailchimp, aiming to fuel small business and personal financial success. Intuit has an expected revenue and earnings growth rate of 12.1% and 18.4%, respectively, for the next year (ending July 2026). The Zacks Consensus Estimate for next-year earnings has improved 4.2% in the last 30 days. Zacks Rank #2 Okta operates as an identity partner in the United States and internationally. OKTA offers a suite of products and services used to manage and secure identities, such as Single Sign-On, which enables users to access applications in the cloud or on-premises from various devices. OKTA also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization. OKTA's Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data, while API Access Management enables organizations to secure APIs. Access Gateway enables organizations to extend Workforce Identity Cloud, and Okta Device Access enables end users to securely log in to devices with Okta credentials. OKTA has expected revenue and earnings growth rates of 9.4% and 16.7%, respectively, for the current year (ending January 2026). The Zacks Consensus Estimate for current-year earnings has improved 2.8% over the last 30 days. Zacks Rank #2 Lam Research is riding on its strength across 3D DRAM and advanced packaging technologies. Growing etch and deposition intensity owing to increasing technology inflections in 3D architectures is a plus. A rebound in the System business owing to improving memory spending is a positive for LRCX. Strategic investments in research and development activities position LRCX well to capitalize on the growing wafer fab equipment (WFE) spending. For 2025, WFE is expected to be approximately $100 billion. Foundry/logic, DRAM and NAND investments are expected to be higher year over year. Solid demand related to LRCX's high-bandwidth memory is another driver. Lam Research has an expected revenue and earnings growth rate of 1.6% and -0.5%, respectively, for next year (June 2026). The Zacks Consensus Estimate for next-year earnings has improved 0.5% in the last 30 days. Zacks Rank #1 KLA benefits from strong demand in leading-edge logic, high-bandwidth memory, and advanced packaging, which are driving growth in the semiconductor industry. Advanced packaging is expected to exceed $850 million in 2025. KLAC's robust portfolio and its leadership in process control systems are enabling customers to manage increasing design complexity. The services business also continues to perform well. KLAC is well-positioned to capitalize on AI advancements, with AI driving demand for higher-value wafer processing and more complex designs. KLAC has an expected revenue and earnings growth rate of 2.5% and 2%, respectively, for next year (June 2026). The Zacks Consensus Estimate for next-year earnings has improved 0.5% in the last seven days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amphenol Corporation (APH) : Free Stock Analysis Report KLA Corporation (KLAC) : Free Stock Analysis Report Lam Research Corporation (LRCX) : Free Stock Analysis Report Intuit Inc. (INTU) : Free Stock Analysis Report Okta, Inc. (OKTA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
11-06-2025
- Business
- Business Insider
Analysts Offer Insights on Technology Companies: Nextdc Limited (OtherNXDCF) and Intuit (INTU)
There's a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Nextdc Limited (NXDCF – Research Report) and Intuit (INTU – Research Report) with bullish sentiments. Confident Investing Starts Here: Nextdc Limited (NXDCF) In a report released today, Tim Plumbe from UBS maintained a Buy rating on Nextdc Limited, with a price target of A$20.20. The company's shares closed last Tuesday at $8.91, close to its 52-week low of $8.88. According to Plumbe is a 2-star analyst with an average return of 0.2% and a 41.7% success rate. Plumbe covers the NA sector, focusing on stocks such as Corporate Travel Management Limited, Flight Centre Travel Group Limited, and WEB Travel Group. Currently, the analyst consensus on Nextdc Limited is a Strong Buy with an average price target of $12.16, a 36.5% upside from current levels. In a report issued on May 27, Citi also maintained a Buy rating on the stock with a A$18.70 price target. Intuit (INTU) Jefferies analyst Brent Thill maintained a Buy rating on Intuit yesterday and set a price target of $850.00. The company's shares closed last Tuesday at $762.10. According to Thill is a 5-star analyst with an average return of 13.9% and a 65.7% success rate. Thill covers the Technology sector, focusing on stocks such as International Business Machines, CoreWeave, Inc. Class A, and Palantir Technologies. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Intuit with a $814.71 average price target, representing a 6.9% upside. In a report issued on May 28, Scotiabank also maintained a Buy rating on the stock with a $800.00 price target.
Yahoo
11-06-2025
- Business
- Yahoo
Jim Cramer on Intuit (INTU): 'Three Aces There'
We recently published a list of . In this article, we are going to take a look at where Intuit Inc. (NASDAQ:INTU) stands against other stocks that Jim Cramer discusses. While discussing Intuit Inc. (NASDAQ:INTU), Cramer said that it is a stock that he really likes. 'Now, each day has its own Mosaic… And why don't we just throw in another one that I really like, Intuit? The small business person's digital accountant, or so I like to think about the TurboTax division. Three aces there.' Intuit (NASDAQ:INTU) develops financial, tax, and marketing solutions for individuals and businesses as it provides software and services for accounting, payroll, tax preparation, credit management, and customer engagement across a range of platforms and channels. In February, Cramer talked about Intuit (NASDAQ:INTU) during an episode of Squawk on the Street. He said: 'Carl there was a thought that maybe Intuit was not gonna make the quarter. Uh, its [inaudible] about global business solutions. Consumers only have three percent. But, uh, Credit Karma was magnificent, uh, 16% dividend boost. Morgan Stanley goes hold to buy, fantastic, just fantastic situation. I like those guys very much. I think people really misjudge, there are small businesses still very strong in this country. A professional tax preparer, using a laptop to complete an income tax return. … [On whether tax filing plays a large role] They've managed to be able to kind of avoid that by making it really much more small businesses. Uh, and, wow I mean having used it as a restaurant owner it's a really extraordinary, it's a powerful product. Makes it easygoing.' Overall, INTU ranks 17th on our list of stocks that Jim Cramer discusses. While we acknowledge the potential of INTU as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
