Today we're going to take a look at the well-established Intuit Inc. (NASDAQ:INTU). The company's stock received a lot of attention from a substantial price movement on the NASDAQGS over the last few months, increasing to US$670 at one point, and dropping to the lows of US$603. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Intuit's current trading price of US$635 reflective of the actual value of the large-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at Intuit’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

See our latest analysis for Intuit

Is Intuit Still Cheap?

Good news, investors! Intuit is still a bargain right now. Our valuation model shows that the intrinsic value for the stock is $978.49, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. What’s more interesting is that, Intuit’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

What does the future of Intuit look like?

Future outlook is an important aspect when you’re looking at buying a stock, especially if you are an investor looking for growth in your portfolio. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to grow by 73% over the next couple of years, the future seems bright for Intuit. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

What This Means For You

Are you a shareholder? Since INTU is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. With a positive outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as capital structure to consider, which could explain the current undervaluation.

Are you a potential investor? If you’ve been keeping an eye on INTU for a while, now might be the time to make a leap. Its prosperous future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy INTU. But before you make any investment decisions, consider other factors such as the strength of its balance sheet, in order to make a well-informed buy.