Dougherty & Co Weighs in on inTEST Co.’s FY2019 Earnings (INTT)

inTEST Co. (NYSEAMERICAN:INTT) – Equities research analysts at Dougherty & Co issued their FY2019 EPS estimates for inTEST in a research note issued to investors on Monday. Dougherty & Co analyst R. Ryan forecasts that the semiconductor company will post earnings of $0.75 per share for the year. Dougherty & Co has a “Buy” rating and a $11.00 price target on the stock.

Separately, Zacks Investment Research upgraded shares of inTEST from a “hold” rating to a “buy” rating and set a $9.75 target price for the company in a report on Wednesday, December 6th.

Shares of inTEST (NYSEAMERICAN:INTT) opened at $9.10 on Thursday. inTEST has a 52-week low of $4.30 and a 52-week high of $10.25. The company has a market cap of $94.76, a P/E ratio of 14.44 and a beta of 0.09.

Large investors have recently bought and sold shares of the business. Hillsdale Investment Management Inc. purchased a new stake in shares of inTEST during the third quarter worth about $815,000. LSV Asset Management boosted its position in shares of inTEST by 32.3% in the second quarter. LSV Asset Management now owns 92,500 shares of the semiconductor company’s stock worth $619,000 after acquiring an additional 22,600 shares during the last quarter. Virtu KCG Holdings LLC acquired a new stake in shares of inTEST in the second quarter worth approximately $301,000. Algert Global LLC boosted its position in shares of inTEST by 32.8% in the third quarter. Algert Global LLC now owns 183,563 shares of the semiconductor company’s stock worth $1,524,000 after acquiring an additional 45,326 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of inTEST by 42.3% in the second quarter. Dimensional Fund Advisors LP now owns 297,980 shares of the semiconductor company’s stock worth $1,996,000 after acquiring an additional 88,559 shares during the last quarter.

In other news, major shareholder Nokomis Capital, L.L.C. sold 120,000 shares of the firm’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $9.40, for a total value of $1,128,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last quarter, insiders have sold 122,938 shares of company stock valued at $1,156,161.

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inTEST Company Profile

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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