Intuit offers products and services to help manage small businesses and payroll processing, personal finance, and tax preparation and filing. The company was founded in 1983 and is based in Mountain View, California.
INTU Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Intuit Inc. To summarize, we found that Intuit Inc ranked in the 25th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Intuit Inc, consider:
The company's debt burden, as measured by earnings divided by interest payments, is 120.3; that's higher than 93.79% of US stocks in the Technology sector that have positive free cash flow.
The business' balance sheet suggests that 3% of the company's capital is sourced from debt; this is greater than only 12.06% of the free cash flow producing stocks we're observing.
INTU's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 47.51% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CNDT, JKHY, LFUS, TTGT, and ATVI can be thought of as valuation peers to INTU, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
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Oag Alert: Possible Delays In Stimulus Check Deliveries For People Who Used Tax Preparation Companies To File Taxes HARRISBURG, PA (STL.News) — Pennsylvania Attorney General Josh Shapiro is today alerting consumers that certain Pennsylvanians may experience delays in receiving their federal stimulus checks. “As federal stimulus checks are being distributed to Pennsylvanians, there may be some delays,” said Attorney General Shapiro. “If you’re eligible for a stimulus check and haven’t received one, you can call the IRS or visit their website to file a complaint.” Tax preparation companies, like H&R Block and Intuit, use temporary bank accounts when they assist with filing tax returns. Unfortunately, the IRS used that information to issue stimulus checks, and therefore, some of the checks...