inTEST (NYSE:INTT) Stock Rating Lowered by Northland Capmk

inTEST (NYSE:INTT - Get Free Report) was downgraded by stock analysts at Northland Capmk from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Monday,Zacks.com reports. Northland Capmk also issued estimates for inTEST's FY2029 earnings at $0.36 EPS.

Other equities analysts have also issued research reports about the company. Northland Securities increased their target price on inTEST from $13.00 to $16.00 and gave the company an "outperform" rating in a research note on Wednesday, January 8th. Lake Street Capital cut their price target on shares of inTEST from $10.00 to $8.00 and set a "buy" rating on the stock in a research report on Monday.

inTEST Stock Performance

inTEST stock opened at $5.87 on Monday. inTEST has a 1 year low of $5.24 and a 1 year high of $11.92. The company's 50-day moving average is $6.78 and its two-hundred day moving average is $7.66. The company has a current ratio of 2.26, a quick ratio of 1.38 and a debt-to-equity ratio of 0.08. The company has a market cap of $73.35 million, a PE ratio of 25.52 and a beta of 1.63.

inTEST (NYSE:INTT - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.01). inTEST had a net margin of 2.33% and a return on equity of 5.31%. During the same quarter in the prior year, the firm earned $0.10 earnings per share. Equities analysts anticipate that inTEST will post 0.41 earnings per share for the current year.

Institutional Trading of inTEST

Several hedge funds have recently added to or reduced their stakes in the business. Royce & Associates LP increased its holdings in shares of inTEST by 2.4% in the first quarter. Royce & Associates LP now owns 1,467,649 shares of the company's stock worth $10,259,000 after acquiring an additional 34,550 shares in the last quarter. First Eagle Investment Management LLC increased its stake in inTEST by 2.9% during the 4th quarter. First Eagle Investment Management LLC now owns 602,608 shares of the company's stock worth $5,176,000 after purchasing an additional 16,744 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its holdings in inTEST by 6.6% during the 4th quarter. Pacific Ridge Capital Partners LLC now owns 582,483 shares of the company's stock worth $5,004,000 after buying an additional 36,031 shares during the period. Ameriprise Financial Inc. lifted its stake in inTEST by 43.2% in the fourth quarter. Ameriprise Financial Inc. now owns 493,524 shares of the company's stock valued at $4,239,000 after buying an additional 148,784 shares in the last quarter. Finally, CM Management LLC lifted its stake in inTEST by 4.3% in the fourth quarter. CM Management LLC now owns 365,000 shares of the company's stock valued at $3,135,000 after buying an additional 15,000 shares in the last quarter. Institutional investors and hedge funds own 63.18% of the company's stock.

inTEST Company Profile

inTEST Corporation provides test and process technology solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide. The company operates through three segments: Electronic Test, Environmental Technologies, and Process Technologies.

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