Research Analysts Offer Predictions for inTEST Co.’s Q1 2018 Earnings (INTT)
inTEST Co. (NYSEAMERICAN:INTT) – Equities researchers at Dougherty & Co issued their Q1 2018 earnings per share (EPS) estimates for shares of inTEST in a research report issued to clients and investors on Sunday. Dougherty & Co analyst R. Ryan expects that the semiconductor company will earn $0.18 per share for the quarter. Dougherty & Co also issued estimates for inTEST’s FY2018 earnings at $0.80 EPS.
inTEST (NYSEAMERICAN:INTT) last released its quarterly earnings data on Thursday, March 8th. The semiconductor company reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.16. The company had revenue of $19.38 million during the quarter. inTEST had a net margin of 11.63% and a return on equity of 18.96%.
Shares of inTEST (INTT) opened at $8.05 on Tuesday. The stock has a market cap of $96.79, a P/E ratio of 12.78 and a beta of 0.21. inTEST has a 1-year low of $5.55 and a 1-year high of $10.25.
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Two Sigma Investments LP acquired a new stake in inTEST in the 4th quarter valued at approximately $119,000. Millennium Management LLC acquired a new stake in inTEST in the 4th quarter valued at approximately $178,000. Navellier & Associates Inc acquired a new stake in inTEST in the 4th quarter valued at approximately $214,000. Northern Trust Corp increased its holdings in inTEST by 45.5% in the 2nd quarter. Northern Trust Corp now owns 27,572 shares of the semiconductor company’s stock valued at $183,000 after purchasing an additional 8,620 shares during the last quarter. Finally, Municipal Employees Retirement System of Michigan acquired a new stake in inTEST in the 4th quarter valued at approximately $374,000.
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inTEST Corporation is an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are used by semiconductor manufacturers in conjunction with automated test equipment (ATE), in the testing of integrated circuit (ICs). The Company operates through three segments: Thermal Products, Mechanical Products and Electrical Products.
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