Saturday, July 7, 2007

Intuit, Inc.

Intuit, Inc. is among the world’s largest Application Software sector businesses in the world.  Intuit, Inc.’s employees generate $434.8M in profits on $2.623B of revenue.  Global output in the Application Software business will likely rise substantially over the next 10 years.  Long-term economic growth may lift all boats, but Intuit, Inc. is determined to remain a market leader.  Sectoral leadership in the Application Software segment takes dedication and consistency, but management seeks out-sized growth.

Intuit, Inc.’s ticker symbol INTU has recently been trading near $29.80 a share.  The Intuit, Inc. corporate headquarters in Mountain View CA predicts Application Software profits will satisfy shareholders in search of risk-appropriate returns.

The significance of market volume is sometimes ignored, but with a total market capitalization of $10.035B ensures sufficient liquidity.  With a beta of 1.26, the company is more volatile than the market as a whole.  When the average equity moves higher, Intuit, Inc. moves more aggressively.

0 comments: