Intuit Inc. (INTU) Reaches $171.69 52-Week High; Deere & Co Has 0.93 Sentiment

February 18, 2018 - By Clifton Ray

Deere & Company, together with its subsidiaries, makes and distributes agriculture and turf, and construction and forestry equipment worldwide. The company has market cap of $54.77 billion. The companyÂ’s Agriculture and Turf segment provides agriculture and turf equipment, and related service parts, such as large, medium, and utility tractors; loaders; combines, cotton pickers, cotton strippers, and sugarcane harvesters; related front-end harvesting equipment; sugarcane loaders and pull-behind scrapers; and tillage, seeding, and application equipment, including sprayers, nutrient management, and soil preparation machinery. It has a 25.37 P/E ratio. This segment also offers hay and forage equipment, including self-propelled forage harvesters and attachments, balers, and mowers; turf and utility equipment, including riding lawn equipment and walk-behind mowers, golf course equipment, utility vehicles, and commercial mowing equipment, as well as associated implements; integrated agricultural management systems technology and solutions; and other outdoor power products.

The stock of Intuit Inc. (NASDAQ:INTU) hit a new 52-week high and has $181.99 target or 6.00% above today’s $171.69 share price. The 9 months bullish chart indicates low risk for the $43.89 billion company. The 1-year high was reported on Feb, 18 by If the $181.99 price target is reached, the company will be worth $2.63 billion more. The stock increased 1.41% or $2.38 during the last trading session, reaching $171.69. About 1.70 million shares traded or 24.66% up from the average. Intuit Inc. (NASDAQ:INTU) has risen 23.62% since February 18, 2017 and is uptrending. It has outperformed by 6.92% the S&P500.

The stock increased 1.58% or $2.63 during the last trading session, reaching $169.44. About 6.63M shares traded or 173.14% up from the average. Deere & Company (DE) has risen 46.99% since February 18, 2017 and is uptrending. It has outperformed by 30.29% the S&P500.

Since January 1, 0001, it had 0 insider buys, and 9 insider sales for $20.31 million activity.

Firefly Value Partners Lp holds 6.35% of its portfolio in Deere & Company for 499,180 shares. Marshfield Associates owns 756,633 shares or 6.3% of their US portfolio. Moreover, Weybosset Research & Management Llc has 5.21% invested in the company for 62,447 shares. The New York-based Lodge Hill Capital Llc has invested 4.58% in the stock. Corda Investment Management Llc., a Texas-based fund reported 278,719 shares.

Ratings analysis reveals 44% of Deere’s analysts are positive. Out of 9 Wall Street analysts rating Deere, 4 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $80.0 while the high is $126.0. The stock’s average target of $97.20 is -42.63% below today’s ($169.44) share price. DE was included in 9 notes of analysts from August 22, 2016. Robert W. Baird upgraded the stock to “Outperform” rating in Monday, October 31 report. The rating was initiated by Berenberg on Tuesday, January 24 with “Sell”. The stock of Deere & Company (NYSE:DE) has “Neutral” rating given on Friday, November 25 by Longbow. Stifel Nicolaus initiated Deere & Company (NYSE:DE) on Tuesday, April 11 with “Buy” rating. Deutsche Bank initiated Deere & Company (NYSE:DE) on Wednesday, September 7 with “Hold” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Monday, August 22. As per Thursday, December 1, the company rating was upgraded by Bank of America. The firm has “Outperform” rating by Wells Fargo given on Monday, October 10. On Monday, November 28 the stock rating was upgraded by Piper Jaffray to “Neutral”.

Intuit Inc. provides financial management and compliance services and products for small businesses, consumers, self-employed, and accounting professionals in the United States and internationally. The company has market cap of $43.89 billion. The companyÂ’s Small Business segment provides small business payroll services and products, including QuickBooks Desktop software products, such as Desktop Pro, Desktop for Mac, Desktop Premier, and Enterprise; QuickBooks Basic Payroll and QuickBooks Enhanced Payroll; QuickBooks Point of Sale solutions; ProAdvisor Program memberships for accounting professionals; and financial supplies. It has a 45.46 P/E ratio. This segment also offers QuickBooks Online, and QuickBooks Self-Employed financial and business management offerings; QuickBooks Enterprise term licenses and QuickBooks technical support plans; small business payroll services, including QuickBooks Online Payroll, Intuit Online Payroll, QuickBooks Assisted Payroll, and Intuit Full Service Payroll; and payment processing services for small businesses.

Since August 24, 2017, it had 0 insider purchases, and 15 sales for $155.18 million activity. Goodarzi Sasan K sold $13.37M worth of stock. STANSBURY HENRY TAYLOE also sold $1.04M worth of Intuit Inc. (NASDAQ:INTU) shares. COOK SCOTT D sold $24.28M worth of stock or 150,994 shares. Wernikoff Daniel A sold $1.13 million worth of stock or 8,329 shares. Williams R Neil had sold 184,585 shares worth $26.05 million. FLOURNOY MARK J had sold 1,868 shares worth $265,839 on Monday, September 11.

Investors sentiment decreased to 0.92 in Q3 2017. Its down 0.04, from 0.96 in 2017Q2. It dived, as 33 investors sold Intuit Inc. shares while 249 reduced holdings. 66 funds opened positions while 193 raised stakes. 215.12 million shares or 0.10% less from 215.33 million shares in 2017Q2 were reported. Bb&T Ltd Co invested in 0.12% or 60,532 shares. Soros Fund Mgmt has 40,000 shares for 0.14% of their portfolio. Johnson Investment Counsel Inc holds 4,883 shares. Moreover, Rhumbline Advisers has 0.13% invested in Intuit Inc. (NASDAQ:INTU). Logan Cap holds 0.16% or 15,398 shares in its portfolio. Nippon Life Glob Investors Americas Incorporated holds 0.66% of its portfolio in Intuit Inc. (NASDAQ:INTU) for 54,410 shares. Keybank National Association Oh has invested 0.15% in Intuit Inc. (NASDAQ:INTU). Farmers & Merchants Invs stated it has 291 shares. Quantbot Tech Limited Partnership holds 0.7% or 51,493 shares in its portfolio. Somerville Kurt F reported 2,125 shares. Moreover, Two Sigma Limited Liability Corp has 0.02% invested in Intuit Inc. (NASDAQ:INTU) for 1,587 shares. Parsec Fincl Management holds 1,411 shares. First Republic Management reported 33,300 shares. Northern Trust Corporation stated it has 3.09 million shares. Nuveen Asset Lc accumulated 155,156 shares.

Analysts await Intuit Inc. (NASDAQ:INTU) to report earnings on February, 22. They expect $0.09 EPS, up 28.57% or $0.02 from last year’s $0.07 per share. INTU’s profit will be $23.01M for 476.92 P/E if the $0.09 EPS becomes a reality. After $-0.14 actual EPS reported by Intuit Inc. for the previous quarter, Wall Street now forecasts -164.29% EPS growth.

Among 23 analysts covering Intuit (NASDAQ:INTU), 9 have Buy rating, 2 Sell and 12 Hold. Therefore 39% are positive. Intuit had 83 analyst reports since August 10, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley with “Underweight” on Tuesday, November 21. The rating was maintained by Credit Suisse on Tuesday, January 9 with “Buy”. The stock has “Buy” rating by Brean Capital on Thursday, April 14. As per Wednesday, August 23, the company rating was maintained by Oppenheimer. The rating was maintained by Brean Capital on Wednesday, August 24 with “Buy”. Moffett Nathanson initiated Intuit Inc. (NASDAQ:INTU) on Wednesday, September 6 with “Hold” rating. The firm has “Neutral” rating by Wedbush given on Friday, November 20. The rating was maintained by Citigroup on Wednesday, August 24 with “Buy”. On Wednesday, November 4 the stock rating was maintained by Deutsche Bank with “Buy”. As per Friday, February 26, the company rating was maintained by RBC Capital Markets.

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