Latest news with #Quickbooks
Yahoo
28-05-2025
- Business
- Yahoo
Should You Forget Palantir? This Wide-Moat AI Stock Is a Better Buy
Palantir continues to put up strong numbers, but its valuation is at nosebleed levels. Intuit is capitalizing on AI thanks to products like TurboTax and Quickbooks. The stock's valuation looks high, but its growth prospects are strong. 10 stocks we like better than Intuit › Palantir Technologies (NASDAQ: PLTR) stock has captivated investors, and it's easy to see why. The software stock has emerged as one of the biggest winners of the artificial intelligence (AI) era, thanks in large part to its AI platform (AIP), which combines the power of large language models (LLMs) with its deep data analytics platforms like Gotham and Foundry. Demand for Palantir's services has soared in the AI era, and its revenue growth has now accelerated for seven quarters in a row, coming in at 39% in the first quarter. At the same time, profits have surged as its operating margin has ramped up. In the first quarter, its operating income jumped 118% to $176 million. There's been no shortage of hype around Palantir as well, and that includes CEO Alex Karp, who's prone to using grandiose language to describe the company. In its recent earnings report, he said, "This is a level of surging and ferocious growth that would be spectacular for a company a tenth of our size. At this scale, however, our ascent is, we believe, unparalleled." Investors have bought into that hype as well, sending the stock up over 900% over the past two years. In fact, Palantir is now the most valuable pure-play software company at a market capitalization of $291 billion, which is ahead of Salesforce -- another software powerhouse -- at $262 billion. Along with that growth, Palantir's valuation has also soared into the stratosphere as it now trades at a price-to-sales ratio of 98, a valuation that would be considered expensive even if it was a quarter of that level. For investors impressed with Palantir's prowess in AI but looking for a more affordable alternative, there's one attractive software stock that just popped on its earnings report: Intuit (NASDAQ: INTU), the maker of TurboTax and Quickbooks. Because of its software geared toward consumers and small businesses, Intuit has one of the best use cases of AI, as it can leverage that technology to make tax preparation and accounting and bookkeeping easier. The company did just that in its recently reported fiscal third quarter, which is its biggest quarter of the year as it comes during tax season. CEO Sasan Goodarzi said in the report, "We're redefining what's possible with AI by becoming a one-stop shop of AI-agents and AI-enabled human experts to fuel the success of consumers and small and mid-market businesses." AI helped drive a number of product improvements in Turbotax with "data-in," or automated data imports covering 90% of customers' most common tax documents, up from 68% last year. AI also assisted Turbotax's human experts, and the time to complete returns was significantly reduced. In Quickbooks, the company is planning to introduce several end-to-end AI agents, including customer, payments, finance, project management, and accounting agents. AI is also helping drive the company's strong growth, even in a time of macroeconomic uncertainty, and management said that it believes it can continue to expand its already wide operating margin. In its fiscal third quarter, revenue rose 15% to $7.8 billion, which drove adjusted earnings per share up 18% to $11.65. For the full fiscal year, it raised its guidance on the top and bottom lines, calling for 15% revenue growth and 18% to 19% adjusted EPS growth to $20.07 to $20.12. Based on that forecast, the stock trades at a price-to-earnings ratio of just 36, which is about 60% lower than Palantir's price-to-sales ratio and only a modest premium to the S&P 500. Intuit has two sticky software products, TurboTax and Quickbooks, that keep customers in the ecosystem and can easily benefit from AI advances. Additionally, Credit Karma is taking off, with revenue up 31% in the third quarter, and management raised full-year revenue growth guidance from 5% to 8% to 28%, showing a dramatic acceleration in the business. The company reported an operating margin of 48% in the third quarter, and future growth should continue to be high margin as the subscription software model benefits from having near-zero marginal costs. Intuit stock hit an all-time high on Friday, but the stock looks poised to hit new heights in the future as it makes AI a bigger part of its arsenal. Before you buy stock in Intuit, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Intuit wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Jeremy Bowman has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intuit, Palantir Technologies, and Salesforce. The Motley Fool has a disclosure policy. Should You Forget Palantir? This Wide-Moat AI Stock Is a Better Buy was originally published by The Motley Fool 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
30-04-2025
- Business
- Yahoo
Former US State Department employee pleads guilty to embezzling over $650,000
WASHINGTON (DC News Now) — A former U.S. State Department budget analyst pleaded guilty Wednesday to embezzling more than $650,000 over a two-year period. 64-year-old Levita Ferrer, of Montgomery Village, Md., admitted to using her authority to issue 60 checks payable to herself and three checks to someone with whom she had a 'personal relationship.' Using a Quickbooks account, Ferrer, also known as Levita Brezovic, listed the payee as herself on the checks and would then go back and change the name to an actual State Department Vendor. Demonstrators block DC rush hour to protest Trump's first 100 days in office Anyone viewing those entries in the Quickbooks system did not see Ferrer's name as the payee on the checks unless they accessed an audit trail. Between March 2022 and April 2024, while working as a senior budget analyst in the State Department's Office of the Chief of Protocol, Ferrer embezzled $657,347.50. U.S. District Judge Christopher R. Cooper accepted Ferrer's guilty plea to theft of government property and set a sentencing date for Sept. 18, 2025. Ferrer faces a maximum sentence of 10 years in prison. Judge Cooper will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors. As part of her plea agreement, Ferrer agreed to pay $657,347.50 in restitution to the U.S. government. She also agreed to be liable for a forfeiture money judgment in that same amount. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
28-01-2025
- Business
- Yahoo
Network ezCheckprinting and Virtual Printer Combo Has Security Feature for QuickBooks Clients
Quickbooks Clients Are Able To Print Unlimited Blank Checks for One Flat Rate with ezCheckprinting and Virtual Printer Combo from REDMOND, Wash., Jan. 28, 2025 /PRNewswire/ -- QuickBooks customers are thrilled to get added security when utilizing the latest ezCheckprinting and virtual printer combo from Developers offer a new password protection feature in the network version. Once this feature is enabled, only the administrator can edit the check settings. The non- administrator is restricted to printing checks only. A password is required to access the following features once the password feature is enabled: Check setup Layout setup Stub setup Admin password Edit account New account Delete account (Note: This feature is not available to the single-installation version and trial version.) "The latest network edition of ezCheckprinting and virtual printer for QuickBooks customers is loaded with many new features including a new password protect option for added security. " said Founder, Dr. Ge, Starting at only $149.00 for a single installation the ezCheckPrinting and virtual printer combo easily prints checks to pay bills, print blank checks to fill in manually and print draft checks to receive payments more easily. QuickBooks clients are invited to download the trial version and test for compatibility prior to purchase at no cost or obligation at ezcheckprinting and virtual printer combo. The latest version is brimming with great features for QuickBooks customers: Compatibility updates for QuickBooks online and QuickBooks 2025 Note fields now support multiple lines Improved logo and signature functionality for easier data sharing Increased maximum pay amount from $9,999,999.99 to $99,999,999.99 Potential clients are encouraged to download and test drive the new features in ezCheckPrinting and virtual printer combo and the exceptional features with no cost or obligations here. is a leading provider of small to mid-size business software, including online and desktop payroll software, online employee attendance tracking software, accounting software, in-house business and personal check printing software, W2, software, 1099 software,1095 form software and ezACH direct deposit software. Software from is trusted by customers for over 20 years and will allow US business owners to simplify payroll processing and streamline business management. View original content to download multimedia: SOURCE Sign in to access your portfolio
