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NASDAQ: INTU

How to Buy Intuit Stock

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Intuit Inc

Intuit Inc. provides financial management and compliance products and services for consumers, small businesses, self-employed, and accounting professionals in the United States, Canada, and internationally.

Intuit stock last closed at $413.58, up 0.38% from the previous day, and has decreased 22.46% in one year. It has overperformed other stocks in the Software - Application industry by 0.2 percentage points. Intuit stock is currently +21.87% from its 52-week low of $339.36, and -42.31% from its 52-week high of $716.86.

As of Oct 5, 2022, there are 281.87M INTU shares outstanding. The market value of INTU is $116.58B. In the past 24 hours, 1.2M INTU shares were traded.

How to Buy Intuit Stock

Wondering how to invest in Intuit stock? Here's how.
  1. Choose where to buy Intuit stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you figure out where to buy Intuit stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified. It's the best place to buy INTU stock.
  3. Deposit funds into your brokerage account: Select your payment method and add your details.
  4. Evaluate Intuit stock: The Intuit ticker symbol is INTU. Is Intuit stock a good investment? Should you buy shares of INTU? How do INTU's underlying business fundamentals look? Do top analysts think Intuit is a good buy? Why has INTU's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if INTU is a good stock to buy).
  5. Execute your INTU buy order: Decide if you will purchase INTU shares at the current market price or use a limit order to buy INTU shares at a given price.
  6. Keep tabs on your INTU investment: Create a watchlist to keep tabs on your position in Intuit stock.

Step 1: Choose where to buy Intuit stock

You will need a brokerage account to access the NASDAQ market and buy INTU stock.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our experience, eToro is the best place to buy stocks. eToro gives you:

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  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
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  • Social investing: eToro has a community with more than 20 million users around the world. Talk to, learn from, and copy the trades of other investors.
  • Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your your purchase of INTU stock by signing up for an account with eToro today.

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Step 2: Sign up for your brokerage account

Now that you've chosen you'll need brokerage, picked to fill out some personal info so you are able to buy INTU stock today.

How to Set Up a New Account on eToro

  1. Click here to get started.
  2. Enter your personal details to start a new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Deposit funds into your brokerage account

Check out the video below for more details depositing funds into your new brokerage account.

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Step 4: Evaluate Intuit stock

It's very important to analyze stocks before you invest, so you actually comprehend the risk as well as the opportunity.

Intuit shares quick numbers

INTU Price
$413.58
1w %
1.05%
1y %
-22.46%
5y %
189.5%
P/E
56.04x
P/B
7.09x
P/S
9.1x
PEG
2.64x
Revenue
$12.73B
Earnings
$2.07B
Fore. Rev. Growth
13.47%
Fore. Earn. Growth
21.2%
Market Cap
$116.58B
Next Earnings
Nov 16, 2022
Next Dividend
Oct 18, 2022

Intuit Zen Score

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on INTU's stock page.

What is the fair value of INTU stock?

Analysts use many financial metrics, analyses, models, and charts to gauge INTU's true value.

Using relative valuations metrics:

  • INTU may be undervalued based on its P/E ratio of 56.04x, relative to Software - Application industry P/E ratio of 259.1x
  • INTU could be overvalued based on its P/B ratio of 7.09x, relative to Software - Application industry P/B ratio of 5.04x
  • INTU may be overvalued based on its PEG ratio of 2.64x

You can access additional valuation analysis on INTU's stock here.

How do INTU Financials look?

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the INTU balance sheet.
  • INTU earnings of $2.62B is not sufficient to cover its interest payments.
  • Total INTU debt is lower than 5 years ago, relative to shareholder equity.
  • INTU's operating cash flow of $3.89B allows it to safely service it's debt of $7.46B.

Failed Financial Due Diligence Checks:

  • INTU has a relatively high debt to equity ratio of 0.69.
  • INTU profit margin has gone down from 21.4% to 16.2% in the past year.
  • There are more long-term liabilities than short-term assets on the INTU balance sheet.

Is it a good time to buy Intuit stock, according to analysts?

Out of 16 Wall Street analysts who give forecasts on INTU, the consensus analyst rating on Intuit is a Strong Buy

Should I buy or sell INTU stock?

Based on 16 analysts offering ratings for Intuit Inc.
Strong Buy
Strong Buy
11 analysts 68.75%
Buy
5 analysts 31.25%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent INTU Analyst Forecasts

Brad Reback, a top 14% analyst from Stifel Nicolaus maintains INTU with a strong buy rating and lowers their INTU price target from $525.00 to $475.00, on Sep 30, 2022.

Jackson Ader, a top 16% analyst from Moffett Nathanson initiates coverage on INTU with a buy rating and announces their INTU price target of $500.00, on Sep 22, 2022.

Steven Enders, a top 28% analyst from Citigroup initiates coverage on INTU with a strong buy rating and announces their INTU price target of $538.00, on Sep 1, 2022.

Kirk Materne, a bottom 16% analyst from Evercore ISI Group maintains INTU with a buy rating and raises their INTU price target from $500.00 to $601.00, on Aug 24, 2022.

Scott Schneeberger, a top 14% analyst from Oppenheimer maintains INTU with a buy rating and raises their INTU price target from $476.00 to $516.00, on Aug 24, 2022.

You can dive deeper into what analysts are forecasting on the Intuit stock forecast page.

INTU Momentum

SMA10
400.31
SMA20
415.45
SMA50
439.81
SMA100
416.63
SMA200
460.09
MACD
-9.84
MACD Signal
-10.8
MACD Histogram
0.96
RSI
48.1
Stochastic %K
45.56
Stochastic %D
27.35
StochRSI %K
82.75
StochRSI %D
54.05

INTU Revenue

Last year, INTU earnings were $2.07B. During the last five year, INTU's earnings have increased by 14.02% per year. This was slower than the Software - Application industry average of 35.27%.

Last year, INTU revenue was $12.73B. In the past five year, INTU's revenue has gone up by 19.62% per year. This was slower than the Software - Application industry average of 37.08%.

Dive into INTU's earnings and revenue performance here.

Latest Insiders Trades at INTU

In the last 12 months, executives and large shareholders at INTU have sold more shares than they have bought.

James Alexander Chriss, EVP SBSEG of INTU, was the latest INTU insider to sell. They sold $228,518.80 worth of INTU shares on Oct 1, 2022.

Get more info about who owns INTU stock here.

Does INTU provide a stable income stream?

Intuit pays a dividend of 0.66%, compared to the Software - Application industry's average dividend yield of 2.83%. If you owned $1,000 of INTU stock, you would have been paid $6.58 in the past year.

Intuit dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Intuit dividend yield and history here.

Get analysis from other investors

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your INTU buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, use a limit order.

Click the Open Trade button and eToro will execute the order.

If you need more info about buying stocks on eToro, click the how to video below:

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Step 6: Keep tabs on your INTU investment

Now that you own some INTU stock, you'll want to keep up with your investment.

Make a watchlist to monitor your INTU stock.

INTU Feed

How to Buy Stock in Intuit

To summarize, here are the 6 steps to buy Intuit stock:

  1. Choose where to buy Intuit stock
  2. Sign up for your brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Intuit stock
  5. Execute your INTU buy order
  6. Keep tabs on your INTU investment

If you require a brokerage, eToro is our recommended option.

Get Started with eToro Today

If you want to keep an eye on your new investment in Intuit, create a watchlist on WallStreetZen today.

NASDAQ: INTU
$413.58+1.57 (+0.38%)
Updated Oct 5, 2022
Open eToro Account
NASDAQ: INTU
$413.58+1.57 (+0.38%)
Updated Oct 5, 2022
Open eToro Account

FAQ

How much does it cost to buy one Intuit share?

As of Oct 5, 2022, it costs $413.58 to buy one share of Intuit stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.242 shares of INTU.

Get Started with eToro Today

Is now a good time to buy Intuit stock?

According to 16 Wall Street analysts who monitor Intuit, their consensus recommendation is to buy Intuit stock.

What is the best way to buy Intuit stock?

The best way to buy Intuit stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.