Northland Capmk Weighs in on inTEST FY2029 Earnings

inTEST Co. (NYSE:INTT - Free Report) - Equities research analysts at Northland Capmk issued their FY2029 earnings estimates for inTEST in a research note issued to investors on Monday, May 5th. Northland Capmk analyst E. Jackson expects that the company will post earnings of $0.36 per share for the year. Northland Capmk currently has a "Hold" rating on the stock. The consensus estimate for inTEST's current full-year earnings is $0.41 per share.

Several other analysts have also recently commented on INTT. Lake Street Capital reduced their price objective on shares of inTEST from $10.00 to $8.00 and set a "buy" rating for the company in a research note on Monday. Northland Securities increased their target price on shares of inTEST from $13.00 to $16.00 and gave the company an "outperform" rating in a report on Wednesday, January 8th.

inTEST Price Performance

inTEST stock opened at $5.87 on Wednesday. The company has a market cap of $73.35 million, a P/E ratio of 25.52 and a beta of 1.63. inTEST has a one year low of $5.24 and a one year high of $11.92. The business has a fifty day moving average of $6.78 and a two-hundred day moving average of $7.66. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.38 and a current ratio of 2.26.

inTEST (NYSE:INTT - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The company reported ($0.11) EPS for the quarter, missing the consensus estimate 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 period last year, the firm earned $0.10 earnings per share.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in INTT. Byrne Asset Management LLC purchased a new position in inTEST during the 1st quarter valued at about $27,000. Farther Finance Advisors LLC acquired a new stake in shares of inTEST in the first quarter valued at approximately $41,000. Jane Street Group LLC raised its position in shares of inTEST by 9.0% during the 4th quarter. Jane Street Group LLC now owns 31,644 shares of the company's stock worth $272,000 after purchasing an additional 2,602 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of inTEST by 42.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 37,481 shares of the company's stock worth $274,000 after purchasing an additional 11,102 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in inTEST by 8.2% in the 4th quarter. Northern Trust Corp now owns 40,328 shares of the company's stock valued at $346,000 after buying an additional 3,048 shares in the last quarter. Hedge funds and other institutional investors 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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