inTEST (NYSE:INTT - Get Free Report) had its price target upped by stock analysts at Northland Securities from $13.00 to $16.00 in a report issued on Wednesday,Benzinga reports. The firm currently has an "outperform" rating on the stock. Northland Securities' price objective would indicate a potential upside of 84.76% from the company's previous close.
Separately, Northland Capmk upgraded inTEST from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 2nd.
View Our Latest Report on inTEST
inTEST Stock Down 4.5 %
NYSE:INTT traded down $0.41 during trading hours on Wednesday, reaching $8.66. 23,301 shares of the stock were exchanged, compared to its average volume of 42,660. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.26 and a quick ratio of 1.38. inTEST has a twelve month low of $6.28 and a twelve month high of $14.35. The stock has a market cap of $107.17 million, a PE ratio of 37.65 and a beta of 1.85. The firm has a 50 day moving average of $7.91 and a 200 day moving average of $8.05.
inTEST (NYSE:INTT - Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.07 by $0.03. The firm had revenue of $30.27 million during the quarter, compared to analysts' expectations of $32.97 million. inTEST had a return on equity of 5.31% and a net margin of 2.33%. On average, equities analysts expect that inTEST will post 0.41 earnings per share for the current year.
Institutional Trading of inTEST
Institutional investors and hedge funds have recently made changes to their positions in the company. Pacific Ridge Capital Partners LLC boosted its holdings in inTEST by 23.1% in the second quarter. Pacific Ridge Capital Partners LLC now owns 460,914 shares of the company's stock valued at $4,554,000 after acquiring an additional 86,632 shares during the last quarter. XTX Topco Ltd acquired a new position in shares of inTEST during the 3rd quarter valued at $120,000. Royce & Associates LP boosted its stake in inTEST by 9.9% during the third quarter. Royce & Associates LP now owns 1,219,157 shares of the company's stock worth $8,900,000 after acquiring an additional 110,078 shares in the last quarter. American Century Companies Inc. acquired a new stake in inTEST in the second quarter worth $145,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of inTEST during the second quarter valued at about $1,218,000. Institutional investors own 63.18% of the company's stock.
About inTEST
(
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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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