The stock of Intest Corp. (INTT) has gone down by -4.26% for the week, with a -18.44% drop in the past month and a -7.86% drop in the past quarter. The volatility ratio for the week is 6.32%, and the volatility levels for the past 30 days are 4.87% for INTT. The simple moving average for the past 20 days is -5.99% for INTT’s stock, with a -21.05% simple moving average for the past 200 days.
Is It Worth Investing in Intest Corp. (AMEX: INTT) Right Now?
The price-to-earnings ratio for Intest Corp. (AMEX: INTT) is above average at 18.14x, Company’s 36-month beta value is 1.95.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for INTT is 11.89M, and currently, short sellers hold a 4.65% ratio of that floaft. The average trading volume of INTT on May 08, 2024 was 104.03K shares.
INTT) stock’s latest price update
The stock of Intest Corp. (AMEX: INTT) has decreased by -7.70 when compared to last closing price of 11.69.Despite this, the company has seen a loss of -4.26% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-06 that inTEST Corporation (NYSE:INTT ) Q1 2024 Earnings Conference Call May 6, 2024 4:30 PM ET Company Participants Sean Suter – Investor Relations Nick Grant – President and Chief Executive Officer Duncan Gilmour – Chief Financial Officer and Treasurer Conference Call Participants Jason Schmidt – Lake Street Capital Ted Jackson – Northland Securities Peter Wright – Intro-act Operator Ladies and gentleman, Greetings, and welcome to the inTEST Corporation First Quarter 2024 Financial Conference Call. At this time, all participants are in a listen-only mode.
Analysts’ Opinion of INTT
Many brokerage firms have already submitted their reports for INTT stocks, with Northland Capital repeating the rating for INTT by listing it as a “Outperform.” The predicted price for INTT in the upcoming period, according to Northland Capital is $20 based on the research report published on November 21, 2022 of the previous year 2022.
Lake Street, on the other hand, stated in their research note that they expect to see INTT reach a price target of $9. The rating they have provided for INTT stocks is “Buy” according to the report published on February 08th, 2019.
Dougherty & Company gave a rating of “Buy” to INTT, setting the target price at $11 in the report published on October 06th of the previous year.
INTT Trading at -7.55% from the 50-Day Moving Average
After a stumble in the market that brought INTT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.29% of loss for the given period.
Volatility was left at 4.87%, however, over the last 30 days, the volatility rate increased by 6.32%, as shares sank -14.64% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.66% lower at present.
During the last 5 trading sessions, INTT fell by -4.26%, which changed the moving average for the period of 200-days by -49.44% in comparison to the 20-day moving average, which settled at $11.38. In addition, Intest Corp. saw -20.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at INTT starting from Grant Richard N. Jr., who sale 21,500 shares at the price of $12.03 back on Apr 11 ’24. After this action, Grant Richard N. Jr. now owns 171,717 shares of Intest Corp., valued at $258,645 using the latest closing price.
Grant Richard N. Jr., the President & CEO of Intest Corp., sale 22,000 shares at $12.03 during a trade that took place back on Apr 10 ’24, which means that Grant Richard N. Jr. is holding 193,217 shares at $264,660 based on the most recent closing price.
Stock Fundamentals for INTT
Current profitability levels for the company are sitting at:
- 0.06 for the present operating margin
- 0.45 for the gross margin
The net margin for Intest Corp. stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 8.57, with 5.26 for asset returns.
Based on Intest Corp. (INTT), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.58. The debt to equity ratio resting at 0.27. The interest coverage ratio of the stock is 20.76.
Currently, EBITDA for the company is 15.12 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 1.11. The receivables turnover for the company is 5.3for trailing twelve months and the total asset turnover is 0.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.15.
Conclusion
In a nutshell, Intest Corp. (INTT) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
