inTEST Co. (NYSE:INTT – Free Report) – Stock analysts at Northland Securities reduced their FY2030 EPS estimates for inTEST in a research note issued to investors on Monday, August 10th. Northland Securities analyst T. Jackson now anticipates that the company will post earnings of $1.18 per share for the year, down from their prior estimate of $1.28. Northland Securities has a “Outperform” rating and a $15.00 price target on the stock. The consensus estimate for inTEST’s current full-year earnings is $0.41 per share.
Separately, Zacks Research cut shares of inTEST from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $17.00.
inTEST Price Performance
Shares of inTEST stock opened at $13.21 on Tuesday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.26 and a quick ratio of 1.38. The company has a market cap of $165.98 million, a PE ratio of 57.44 and a beta of 1.51. The firm has a fifty day moving average price of $15.44 and a two-hundred day moving average price of $14.48. inTEST has a fifty-two week low of $6.63 and a fifty-two week high of $20.00.
Hedge Funds Weigh In On inTEST
Several large investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP increased its position in inTEST by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 487,984 shares of the company’s stock worth $3,645,000 after purchasing an additional 1,999 shares during the period. State Street Corp lifted its holdings in inTEST by 4.3% in the fourth quarter. State Street Corp now owns 49,010 shares of the company’s stock valued at $366,000 after buying an additional 2,000 shares during the period. Ameriprise Financial Inc. grew its holdings in inTEST by 0.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 517,962 shares of the company’s stock worth $3,771,000 after acquiring an additional 2,907 shares during the period. Geode Capital Management LLC lifted its stake in shares of inTEST by 2.7% in the 4th quarter. Geode Capital Management LLC now owns 126,537 shares of the company’s stock valued at $945,000 after purchasing an additional 3,333 shares during the period. Finally, Bailard Inc. lifted its stake in shares of inTEST by 11.2% in the 4th quarter. Bailard Inc. now owns 35,803 shares of the company’s stock valued at $267,000 after purchasing an additional 3,603 shares during the period. Institutional investors and hedge funds own 63.18% of the company’s stock.
About inTEST
inTEST Corporation (NYSE: INTT) is a developer and manufacturer of precision instrumentation and test solutions designed for the semiconductor, microelectronics and related manufacturing industries. The company’s offerings focus on thermal management and instrument interface technologies that support the environmental conditioning and electrical performance evaluation of devices under test. These solutions include temperature controllers and cyclers, thermal subsystems, load boards, connectors and custom test interfaces engineered to accelerate reliability testing, product qualification and high-volume production measurement.
Serving customers across North America, Europe and Asia, inTEST supports semiconductor fabs, assembly and packaging facilities, research laboratories and OEM equipment builders.
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