Northland Capmk Has Negative Outlook of inTEST Q1 Earnings

inTEST Co. (NYSE:INTT - Free Report) - Equities researchers at Northland Capmk lowered their Q1 2025 EPS estimates for inTEST in a report issued on Monday, March 10th. Northland Capmk analyst E. Jackson now forecasts that the company will earn ($0.08) per share for the quarter, down from their prior estimate of $0.02. Northland Capmk has a "Strong-Buy" rating on the stock. The consensus estimate for inTEST's current full-year earnings is $0.41 per share. Northland Capmk also issued estimates for inTEST's FY2025 earnings at $0.39 EPS, FY2026 earnings at $0.64 EPS, FY2027 earnings at $0.80 EPS and FY2028 earnings at $0.92 EPS.

inTEST (NYSE:INTT - Get Free Report) last posted its quarterly earnings data on Friday, March 7th. The company reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.09. inTEST had a net margin of 2.33% and a return on equity of 5.31%. During the same period last year, the business posted $0.16 earnings per share.

Separately, Northland Securities raised their price target on shares of inTEST from $13.00 to $16.00 and gave the stock an "outperform" rating in a report on Wednesday, January 8th.

inTEST Trading Up 2.0 %

Shares of NYSE INTT opened at $7.57 on Wednesday. The firm has a market capitalization of $93.68 million, a PE ratio of 32.91 and a beta of 1.90. inTEST has a one year low of $6.28 and a one year high of $14.35. 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 business has a 50-day moving average price of $8.54 and a two-hundred day moving average price of $7.78.

Institutional Investors Weigh In On inTEST

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in INTT. XTX Topco Ltd purchased a new stake in inTEST in the 3rd quarter worth approximately $120,000. Jane Street Group LLC grew its position in inTEST by 9.0% in the fourth quarter. Jane Street Group LLC now owns 31,644 shares of the company's stock worth $272,000 after acquiring an additional 2,602 shares in the last quarter. JPMorgan Chase & Co. grew its position in inTEST by 42.1% in the third quarter. JPMorgan Chase & Co. now owns 37,481 shares of the company's stock worth $274,000 after acquiring an additional 11,102 shares in the last quarter. Northern Trust Corp increased its stake in shares of inTEST by 8.2% during the 4th quarter. Northern Trust Corp now owns 40,328 shares of the company's stock worth $346,000 after purchasing an additional 3,048 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its holdings in shares of inTEST by 208.9% during the 4th quarter. Russell Investments Group Ltd. now owns 43,543 shares of the company's stock valued at $374,000 after purchasing an additional 29,445 shares in the last quarter. Hedge funds and other institutional investors own 63.18% of the company's stock.

About inTEST

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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