Latest news with #Intuit
Yahoo
2 days ago
- Business
- Yahoo
Intuit Inc. (INTU) is Attracting Investor Attention: Here is What You Should Know
Intuit (INTU) has been one of the most searched-for stocks on lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Shares of this maker of TurboTax, QuickBooks and other accounting software have returned +20.2% over the past month versus the Zacks S&P 500 composite's +6.7% change. The Zacks Computer - Software industry, to which Intuit belongs, has gained 14.1% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Intuit is expected to post earnings of $2.58 per share for the current quarter, representing a year-over-year change of +29.7%. Over the last 30 days, the Zacks Consensus Estimate has changed -6.6%. The consensus earnings estimate of $19.40 for the current fiscal year indicates a year-over-year change of +14.5%. This estimate has changed +2% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $22.08 indicates a change of +13.8% from what Intuit is expected to report a year ago. Over the past month, the estimate has changed +0.9%. With an impressive externally audited track record, our proprietary stock rating tool -- the Zacks Rank -- is a more conclusive indicator of a stock's near-term price performance, as it effectively harnesses the power of earnings estimate revisions. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Intuit. The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: Even though a company's earnings growth is arguably the best indicator of its financial health, nothing much happens if it cannot raise its revenues. It's almost impossible for a company to grow its earnings without growing its revenue for long periods. Therefore, knowing a company's potential revenue growth is crucial. In the case of Intuit, the consensus sales estimate of $3.75 billion for the current quarter points to a year-over-year change of +17.6%. The $18.7 billion and $20.96 billion estimates for the current and next fiscal years indicate changes of +14.8% and +12.1%, respectively. Intuit reported revenues of $7.75 billion in the last reported quarter, representing a year-over-year change of +15.1%. EPS of $11.65 for the same period compares with $9.88 a year ago. Compared to the Zacks Consensus Estimate of $7.54 billion, the reported revenues represent a surprise of +2.78%. The EPS surprise was +6.98%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Intuit is graded F on this front, indicating that it is trading at a premium to its peers. Click here to see the values of some of the valuation metrics that have driven this grade. The facts discussed here and much other information on might help determine whether or not it's worthwhile paying attention to the market buzz about Intuit. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. 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 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
Yahoo
2 days ago
- Politics
- Yahoo
Daywatch: Intuit Art Museum has its big reopening
Good morning, Chicago. Where most museums would open with a ribbon-cutting ceremony, the Intuit Art Museum, following a landmark $10 million renovation, reopened to the public recently with a ribbon-tying. Public officials and other guests turned to their neighbors and connected the ends of their ribbon scraps to create a long, interconnected artwork that will remain in the museum's collection. It was an apt way to ring in a new chapter for this West Town institution. Since its founding in 1991, the museum has collected work by self-taught artists, often called 'outsider art.' Before that, it was called 'art brut' or 'primitive art.' But all those terms are — forgive the pun — on the outs. After receiving a transformative grant from the city's Department of Planning and Development to refurbish its space, Intuit took its facelift as an opportunity to rebrand. What was formerly 'Intuit: The Center for Intuitive and Outsider Art' now avoids the divisive 'outsider' terminology to simply become 'Intuit Art Museum.' It has a catchy acronym to boot: IAM, pronounced 'I am.' Read the full story. And here are the top stories you need to know to start your day, including the latest in the public transit funding debate, what Caleb Williams said about 'evading' the Bears and our picks for dance performances to catch this summer. Today's eNewspaper edition | Subscribe to more newsletters | Asking Eric | Horoscopes | Puzzles & Games | Today in History President Donald Trump has commuted the federal life sentence for infamous Chicago-born Gangster Disciples founder Larry Hoover, abruptly ending Hoover's yearslong quest to win early release under the First Step Act passed during Trump's first term. The controversial move — part of a slew of clemency actions announced by the White House this week — appeared to have already sparked Hoover's transfer out of the supermax prison compound in Florence, Colorado, that he'd called home for the past two decades. But Hoover isn't going free. Trump officially pardons reality TV stars Julie and Todd Chrisley, convicted in 2022 of fraud and tax evasion How many presidential pardons or sentence commutations have been granted to people from Illinois? As Illinois lawmakers continue to work on a spending plan in the final days of the spring legislative session, Gov. JB Pritzker offered no insight yesterday on negotiations but said he'd veto any spending plan that includes 'broad-based' taxes to balance a budget that faces a shortfall estimated at $1 billion. Illinois legislators passed a law yesterday to explicitly prevent police from ticketing and fining students for minor misbehavior at school, ending a practice that harmed students across the state. The legislation comes three years after a ProPublica and Chicago Tribune investigation, 'The Price Kids Pay,' revealed that even though Illinois law bans school officials from fining students directly, districts skirted the law by calling on police to issue citations for violating local ordinances. As the Chicago Bears have waffled over the past year on where to build a new stadium, one constant has been Gov. JB Pritzker's skepticism about providing major public dollars to help fund the project. But during that time, Pritzker has spent $100,000 in taxpayer funds for an outside legal consultant to advise the state in discussions with the team and the Bears have brought on an outside adviser with close ties to Pritzker's political operation and other Illinois Democrats, records show. What to know about the Bears' possible move to Arlington Heights — or a domed stadium on the lakefront Illinois lawmakers filed a long-awaited bill yesterday that would reform the Chicago area's public transportation system with changes to its overall governing structure and a new police force to patrol its bus and train lines. But the bill, filed just days before the scheduled adjournment of the spring legislative session, does not include a proposal for how those reforms will be funded as Chicago-area transit agencies face an impending $771 million fiscal cliff at the end of this year. CTA paid 10 employees just under $1.13 million to stay home, not work, watchdog says Want a COVID-19 vaccination this fall? For many Americans, it's not clear how easy it will be to get one – or if they've lost the choice. An Elgin man and a 16-year-old juvenile accused of attacking a lesbian woman at a Carpentersville McDonald's, leaving her badly injured, have been indicted on a hate crime charge by a Kane County grand jury. For 15 minutes yesterday, Caleb Williams worked his hardest to close the back cover on a story that raised eyebrows across the NFL. Two weeks ago, excerpts from Seth Wickersham's upcoming book 'American Kings: A Biography of the Quarterback' offered new details and deeper insight into just how reluctant Williams was to play for the Chicago Bears before the 2024 draft. This is a rare summer dance guide, in that most selections are surprisingly indoors. To be clear, there are a lot of chances to see dance en plein air if you want to, including all Chicago Dance Month has to offer. But more companies chose to extend their seasons into the warm months this year, including the Joffrey Ballet in a much-anticipated new ballet. That's just one of many air-conditioned options. You know who's never had a big solo museum show in his own hometown? Strange as this sounds: Theaster Gates, the renowned, longtime Chicago artist, sculptor, community developer, collector, painter and all-around renaissance man. That's why, beginning Sept. 23, the Smart Museum of Art at the University of Chicago in Hyde Park will open a landmark mid-career retrospective of Gates' far-flung art practices, using most of the museum's space, drawing on his paintings, pottery, films, installations and reclamation projects. '
Chicago Tribune
2 days ago
- Business
- Chicago Tribune
Daywatch: Intuit Art Museum has its big reopening
Good morning, Chicago. Where most museums would open with a ribbon-cutting ceremony, the Intuit Art Museum, following a landmark $10 million renovation, reopened to the public recently with a ribbon-tying. Public officials and other guests turned to their neighbors and connected the ends of their ribbon scraps to create a long, interconnected artwork that will remain in the museum's collection. It was an apt way to ring in a new chapter for this West Town institution. Since its founding in 1991, the museum has collected work by self-taught artists, often called 'outsider art.' Before that, it was called 'art brut' or 'primitive art.' But all those terms are — forgive the pun — on the outs. After receiving a transformative grant from the city's Department of Planning and Development to refurbish its space, Intuit took its facelift as an opportunity to rebrand. What was formerly 'Intuit: The Center for Intuitive and Outsider Art' now avoids the divisive 'outsider' terminology to simply become 'Intuit Art Museum.' It has a catchy acronym to boot: IAM, pronounced 'I am.' Read the full story. And here are the top stories you need to know to start your day, including the latest in the public transit funding debate, what Caleb Williams said about 'evading' the Bears and our picks for dance performances to catch this summer. Today's eNewspaper edition | Subscribe to more newsletters | Asking Eric | Horoscopes | Puzzles & Games | Today in History President Donald Trump has commuted the federal life sentence for infamous Chicago-born Gangster Disciples founder Larry Hoover, abruptly ending Hoover's yearslong quest to win early release under the First Step Act passed during Trump's first term. The controversial move — part of a slew of clemency actions announced by the White House this week — appeared to have already sparked Hoover's transfer out of the supermax prison compound in Florence, Colorado, that he'd called home for the past two decades. But Hoover isn't going free. As Illinois lawmakers continue to work on a spending plan in the final days of the spring legislative session, Gov. JB Pritzker offered no insight yesterday on negotiations but said he'd veto any spending plan that includes 'broad-based' taxes to balance a budget that faces a shortfall estimated at $1 billion. Illinois legislators passed a law yesterday to explicitly prevent police from ticketing and fining students for minor misbehavior at school, ending a practice that harmed students across the state. The legislation comes three years after a ProPublica and Chicago Tribune investigation, 'The Price Kids Pay,' revealed that even though Illinois law bans school officials from fining students directly, districts skirted the law by calling on police to issue citations for violating local ordinances. As the Chicago Bears have waffled over the past year on where to build a new stadium, one constant has been Gov. JB Pritzker's skepticism about providing major public dollars to help fund the project. But during that time, Pritzker has spent $100,000 in taxpayer funds for an outside legal consultant to advise the state in discussions with the team and the Bears have brought on an outside adviser with close ties to Pritzker's political operation and other Illinois Democrats, records show. Illinois lawmakers filed a long-awaited bill yesterday that would reform the Chicago area's public transportation system with changes to its overall governing structure and a new police force to patrol its bus and train lines. But the bill, filed just days before the scheduled adjournment of the spring legislative session, does not include a proposal for how those reforms will be funded as Chicago-area transit agencies face an impending $771 million fiscal cliff at the end of this year. Want a COVID-19 vaccination this fall? For many Americans, it's not clear how easy it will be to get one – or if they've lost the choice. An Elgin man and a 16-year-old juvenile accused of attacking a lesbian woman at a Carpentersville McDonald's, leaving her badly injured, have been indicted on a hate crime charge by a Kane County grand jury. For 15 minutes yesterday, Caleb Williams worked his hardest to close the back cover on a story that raised eyebrows across the NFL. Two weeks ago, excerpts from Seth Wickersham's upcoming book 'American Kings: A Biography of the Quarterback' offered new details and deeper insight into just how reluctant Williams was to play for the Chicago Bears before the 2024 draft. This is a rare summer dance guide, in that most selections are surprisingly indoors. To be clear, there are a lot of chances to see dance en plein air if you want to, including all Chicago Dance Month has to offer. But more companies chose to extend their seasons into the warm months this year, including the Joffrey Ballet in a much-anticipated new ballet. That's just one of many air-conditioned options. You know who's never had a big solo museum show in his own hometown? Strange as this sounds: Theaster Gates, the renowned, longtime Chicago artist, sculptor, community developer, collector, painter and all-around renaissance man. That's why, beginning Sept. 23, the Smart Museum of Art at the University of Chicago in Hyde Park will open a landmark mid-career retrospective of Gates' far-flung art practices, using most of the museum's space, drawing on his paintings, pottery, films, installations and reclamation projects. '
Chicago Tribune
2 days ago
- Business
- Chicago Tribune
Intuit Art Museum has its big reopening: ‘I don't want this to be a traditional art museum'
Where most museums would open with a ribbon-cutting ceremony, the Intuit Art Museum, following a landmark $10 million renovation, reopened to the public recently with a ribbon-. Public officials and other guests turned to their neighbors and connected the ends of their ribbon scraps to create a long, interconnected artwork that will remain in the museum's collection. It was an apt way to ring in a new chapter for this West Town institution. Since its founding in 1991, the museum has collected work by self-taught artists, often called 'outsider art.' Before that, it was called 'art brut' or 'primitive art.' But all those terms are — forgive the pun — on the outs. After receiving a transformative grant from the city's Department of Planning and Development to refurbish its space, Intuit took its facelift as an opportunity to rebrand. What was formerly 'Intuit: The Center for Intuitive and Outsider Art' now avoids the divisive 'outsider' terminology to simply become 'Intuit Art Museum.' It has a catchy acronym to boot: IAM, pronounced 'I am.' That streamlining extends to the gallery space itself. Intuit President and CEO Debra Kerr said the curatorial team has tried to use language that came directly from the artists or their families. When that wasn't possible, the team tried to convey information as directly as it could, with no frills. 'We're working really hard to eliminate some of that curator speak, if you will,' she said. 'I don't want this to be a traditional art museum.' That comes across more pointedly at the new Intuit. Its Henry Darger exhibition and apartment recreation — one of its mainstays — has also been refurbished, now taking over a below-ground level of the museum. LED screens stand in for the walls and windows of the Lincoln Park apartment of the reclusive artist and writer. Down the hall, you can thumb through novels that inspired Darger's epic about the seven Vivian Girls, sisters who fought to end child slavery. 'Of course, you can't touch all the art on the walls or the sculptures on the pedestals,' Kerr said. 'But we can make (the experience) more immersive and interactive.' The installation 'Henry Darger: The Room Revealed' is one of relatively few evergreens at the constantly-changing Intuit. Most of its gallery space — triple what it was before the renovation — will change out works periodically, whether they're pieces on loan or from the museum's collection. The ground floor is largely dedicated a rotating display of the museum's permanent collection, with works by the likes of Mr. Imagination, Lee Godie and Wesley Willis. The Willis selection currently on display, from 1989, depicts the museum's location at Ogden and Milwaukee avenues. The second floor is completely devoted to special exhibits, beginning with the timely 'Catalyst: Im/migration and Self-taught Art in Chicago.' The exhibition, which runs until early next year, features work by artists living and deceased who made their home in Chicago after living somewhere else. It makes bedfellows of far-flung and gripping works: the flamboyant and intricate oil portraits of Drossos Skyllas, a Greek immigrant; the collage art of Thomas Kong, a Korean-American convenience store owner in Rogers Park; and the freehand crochet of Pooja Pittie, a disability rights advocate who came to Chicago to pursue an MBA at the University of Chicago Booth School of Business. Carlos Barberena, of McKinley Park, is among the artists featured in 'Catalyst.' Originally from Nicaragua, his -inspired linocuts frame contemporary migration scenes with an almost Biblical grandeur. One of Barberena's works, 'Riding the Beast,' shows a young man stowing away on the network of freight trains running from southern Mexico to the U.S. — called 'la bestia,' or the beast, by those who have survived the arduous journey. But not all survive. Its perils are represented by skeletons clattering behind the migrant, one cupping an hourglass just over his shoulder. 'Some of the works here have the same stories behind mine. One (artist) also took a train to leave their country because he was escaping genocide,' Barberena said. 'We always think that we are not connected with each other, but everything is intertwined.' Students will be able to take in such lessons through a learning studio at the back of the museum, already populated with youth artworks. Its grown-up equivalent, the Center for Learning and Engagement Opportunities — CLEO for short, named after founding board member and former Intuit president Cleo Wilson — will offer another space for discussion and decompression. All spaces in the museum are ADA compliant, with a new entrance ramp and elevators. Visitors with disabilities and their accompanying care partner can enter the museum for free. Kerr sees it all as part of her goal to make the new Intuit 'the most welcoming and accessible space in Chicago.' 'If you come from a background where you never went to museums, I want this to be your first museum,' she said. 'There's no beaux-arts facade; there's no grand staircase. Just walk into the storefront. Someone's going to greet you, help you figure out what to do next, and off you go.'
Yahoo
2 days ago
- Business
- Yahoo
Intuit Announces National Winners of 2025 Intuit Hour of Finance Challenge
Six schools recognized for leadership in financial education MOUNTAIN VIEW, Calif., May 29, 2025--(BUSINESS WIRE)--Intuit Inc. (Nasdaq: INTU), the global financial technology platform that makes Intuit TurboTax, Credit Karma, QuickBooks, and Mailchimp, today announced the six national winners of its 2025 Intuit Hour of Finance Challenge — a nationwide initiative that encouraged middle and high school students to spend at least one hour on financial education during Financial Literacy Month in April. The Intuit Hour of Finance Challenge engaged tens of thousands of students across all 50 states through Prosperity Quest, a free, interactive game designed to introduce budgeting, saving, and financial decision-making skills. Today's announcement honors three high schools and three middle schools whose students led the nation in engagement, enthusiasm, and impact and developed essential financial literacy skills through interactive activities with real-world product simulations. "Financial literacy is foundational to long-term success," said Dave Zasada, Vice President of Education and Corporate Responsibility at Intuit. "Through the Intuit Hour of Finance Challenge, we are not just teaching students about money, we are empowering them to take control of their futures. These national winners demonstrated that students can develop the confidence and skills they need to thrive with the right tools and support." High School Winners: James Madison High School – North East ISD (San Antonio, Texas) Southwest Miami Senior High School – Miami-Dade County Public Schools (Miami, Florida) Laurel Highlands High School – Laurel Highlands School District (Uniontown, Pennsylvania) Middle School Winners: Independence Middle School – School District of Palm Beach County (Palm Beach, Florida) Toby Johnson Middle School – Elk Grove Unified School District (Elk Grove, California) Fitzgerald Middle School – Pinellas County Schools (Largo, Florida) "Financial literacy is essential not just for school, but for life," said Jeremy Bryson, business teacher at Laurel Highlands High School in Uniontown, PA. "Participating in the Intuit Hour of Finance Challenge gave our students a unique opportunity to practice real-world financial decision making in a way that was both engaging and empowering. As educators, we talk a lot about preparing students for what's next, but this challenge gave students the tools to start building that future now. We're incredibly proud of our students' dedication and honored to be recognized as a national winner." This year's Intuit Hour of Finance challenge had more than 800 educators and nearly 40,000 students at 700 unique schools and organizations across all 50 states. The winning schools will be celebrated with national recognition and Chromebooks for their classrooms. In addition, Intuit is recognizing 50 state-level winners for their performance in the challenge and for continuing the conversation around financial literacy in their communities. The Challenge builds on Intuit's broader commitment to financial education through Intuit for Education, a free program that has reached more than three million students nationwide with interactive, standards-aligned lessons in personal and entrepreneurial finance. The Intuit for Education real-world simulations are powered by Intuit's suite of products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—to help students gain real-world experience and practical skills. To learn more about the Hour of Finance Challenge and explore free resources for educators, visit About Intuit Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With approximately 100 million customers worldwide using products such as TurboTax, Credit Karma, QuickBooks, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us at and find us on social for the latest information about Intuit and our products and services. View source version on Contacts Press contactKeri Danielskipress@ Error in retrieving data Sign in to access your portfolio Error in retrieving data
