Intuit Inc. (NASDAQ:INTU) Touching New 52-week High

Intuit Inc. (NASDAQ:INTU) stock has seen a rise as of late. Shares have hit a new 52-week high after reaching $155.57 during recent trading action. Investors will be watching to see if the name can maintain momentum heading into the new year.Since the start of the calendar year, Intuit Inc. (NASDAQ:INTU)’s stock has changed 35.42%. Over the last five trading sessions, the stock has moved 1.77%. For the past month, Intuit Inc.’s stock has been 7.23%, 12.54% for the last quarter, 23.82% for the past six months and 41.09% for the past 52 weeks.

Based on current stock levels, Intuit Inc. shares are trading -0.13% off of the 50-day high and 11.07% away from the 50-day low.

Earnings Per Share (EPS), the portion of a company’s profit distributed to each outstanding common share, is a useful indicator of a company’s profitability. EPS is typically considered to be the most important variable in determining a share’s price. Intuit Inc. (NASDAQ:INTU)’s EPS growth this year is 22.30% and the trailing 12-month EPS is $3.73. Covering sell-side analysts are estimating company growth for next year to be 12.15%. On a consensus basis, analysts have given a recommendation of 2.40 on company shares.

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