Readers who are considering whether to invest in INTU would be wise to grab the momentum as the INTU properties share price is raising.
Intuit stock price history has shown a return on equity of 36% for the last year alone. For investors looking to acquire some intuit inc stock that means earnings of $0.36 for every $1 worth of equity in the company.
When exploring if the company has a good return on equity, it is worth comparing it to the average for its industry. Intuit stock analysis shows that the company has a better ROE (return on equity) than the average (9.7%) in the industry. Intuit has a debt to equity ratio of 0.11, which is far from excessive. Its ROE is attractive, and given only modest debt, this suggests the business is high quality. Conservative use of debt to boost returns is usually a good move for holders of intuit inc stock, though it does leave the company more exposed to interest rate rises.
Recent movements of the Intuit sock price are another indicator people who want to invest in INTU should research. Analyst estimates for INTU have been positive, reflecting analyst optimism about the company’s business and profitability. In fact, as the company approaches its next earnings report date, Wall Street will be looking for positivity as INTU Properties shares are trading at a premium comparatively.
This follows Intuit’s quarterly results from August when its fiscal fourth-quarter revenue growth accelerated to a year-over-year growth rate of 15% — up from 12% growth in fiscal Q3. Fueling the quarter was a 35% increase in online ecosystem revenue.
While INTU stock is showing strong indication that it is a growth stock, investors shouldn’t overlook how the company is returning some capital to shareholders through dividends. In August, the tech company announced a double-digit-percentage increase to its intuit stock dividend. In addition, Intuit also discussed how it continues to buy back intu properties shares.
After the Intuit’s board of directors approved a 13% dividend increase, the new quarterly intuit stock dividend amounts to $0.53 on a quarterly basis or $2.12 annually, giving Intuit a 0.7% dividend yield. The first $0.53 quarterly dividend is payable on Oct. 18.
Intuit stock dividends may be small but intuit stock price history shows consistent growth in recent years. Over the last five years, Intuit’s quarterly dividend has more than doubled, rising from $0.25 in the first quarter of fiscal 2015 to $0.53 in the current quarter.
Based on intuit stock history, intuit stock dividend is likely to continue growing at a rapid rate. The company raked in more than $2 billion of free cash flow (cash from operations less capital expenditures) in fiscal 2019 yet paid out just $501 million in dividends. On a similar note, INTU stock has a low payout ratio (dividends paid as a percentage of earnings) of just 29%, leaving plenty of room for upside.
Overall, Intuit’s bottom line is rising rapidly. The company’s net income and earnings per share both increased 16% year over year in fiscal 2019. If this keeps up, Intuit stock prediction will remain positive and intuit stock dividend could continue to increase without its payout ratio falling.