INTU

Intuit Inc

TMT, Consumer, Finance/Real Estate


Presented:04/25/2017
Price:$119.08
Cap:$30.96B
Current Price:$617.89
Cap:$173.19B

Presented

Date04/25/2017
Price$119.08
Market Cap$30.96B
Ent Value$31.34B
P/E Ratio39.12x
Book Value$3.07
Div Yield1.15%
Shares O/S260.00M
Ave Daily Vol1,783,240
Short Int1.04%

Current

Price$617.89
Market Cap$173.19B
Intuit, Inc. engages in the provision of business and financial management solutions. The company operates through the following segments: Small Business, Consumer Tax, and ProConnect. The Small Business segment targets small businesses and the accounting professionals. It offers QuickBooks financial and business management online services and desktop software; payroll solutions; and payment processing services. The Consumer Tax segment includes TurboTax income tax preparation products and services. The ProConnect segment provides professional tax offerings, which include Lacerte, ProSeries, ProFile, and ProConnect Tax Online among professional accountants in the U.S. and Canada. Intuit was founded by Scott D. Cook and Thomas A. Proulx in 1983 and is headquartered in Mountain View, CA.

Publicly traded companies mentioned herein: Intuit Inc (INTU)

Highlights

The presenter is short shares of Intuit Inc (INTU), modeling meaningful underperformance from the Turbo Tax segment, which drives half of overall INTU profits. By his model, INTU is set to earn $4.25 for fiscal 2018. At ~20x earnings, INTU shares would depreciate to the high $80s, from $120 today.

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Idea Discussion

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