Stock Update: Intuit Inc (NASDAQ:INTU) – File Today With TurboTax and Get Your Maximum Refund

[Business Wire] – TurboTax®, the nation’s leading online tax preparation service from Intuit Inc. , reminds taxpayers that the Internal Revenue Service begins accepting e-filed tax returns today, officially kicking off the tax season. Read more on this. Intuit Inc. (INTU) , valued at $23.96B, opened at $92.84. Today, shares have traded between $90.04 and $93.35 per share with the price of the stock fluctuating between $79.63 to $109.21 over the last 52 weeks. INTU shares are currently priced at 27.10x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 12.46x earnings multiple. And for income investors, the company pays shareholders $1.20 per share annually in dividends, yielding 1.31%. Consensus earnings for the current quarter by the 17 sell-side analysts covering the stock is an estimate of $0.19 per share, which would be $0.19 worse than the year-ago quarter and a $0.15 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $3.48 would be a $0.89 better when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $893.48 Million. If realized, that would be a 10.58% increase over the year-ago quarter. More recently, First Analysis Sec downgraded INTU from Equal-Weight to Underweight (Aug 21, 2015). Previously, Deutsche Bank upgraded INTU from Hold to Buy. When considering if the stock is under or overvalued, the average price target is $103.64, which is 11.63% above where the stock opened this morning. See more in (NASDAQ:INTU) Similar Articles: Market Update: Intuit Inc (NASDAQ:INTU) – TurboTax Delivers Smart, Effortless Tax Preparation and Your Maximum Refund Guaranteed Stock Update: Intuit Inc (NASDAQ:INTU) – New TurboTax Ads Playfully Erase Consumers’ Self Doubt When Doing Their Own Taxes Stock Update: Intuit Inc (NASDAQ:INTU) – Intuit Reaches Highest Level Since Q4 Miss