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Stock Update (NASDAQ:INTU): Intuit Appoints Raul Vazquez to Board of Directors

[Business Wire] – Intuit Inc. today announced it has appointed Raul Vazquez, chief executive officer of Oportun, a financial technology company, to its board of directors. Oportun uses advanced data analytics and technology to provide credit-building, affordable loans to U.S. Read more on this. Intuit Inc. (INTU) , valued at $25.65B, opened at $101.03. Today’s price range has been between $99.60 and $101.25 per share with a one year range of $79.63 to $109.21. Intuit (INTU) shares are currently priced at 28.97x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.35x earnings multiple for the same period. And for dividend hunters, the company pays shareholders $1.20 per share annually in dividends, yielding 1.19%. Consensus earnings for the current quarter by the 19 sell-side analysts covering the stock is an estimate of $3.20 per share, which would be $0.35 better than the year-ago quarter and a $0.05 sequential increase. Investors should also note that the full-year EPS estimate of $3.50 is a $0.91 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.25 Billion. If reported, that would be a 2.74% increase over the year-ago quarter. In terms of ratings, Credit Suisse Initiated INTU at Neutral (Apr 21, 2016). Previously, Brean Capital Initiated INTU at to Buy. The average price target for INTU shares by the analysts covering the stock is $107.69, which is 6.59% 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 Stock Update: Intuit Inc (NASDAQ:INTU) – Intuit Reaches Highest Level Since Q4 Miss
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