Intertek Group (LON:ITRK – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported GBX 242.60 ($3.13) earnings per share for the quarter, Digital Look Earnings reports. Intertek Group had a net margin of 9.19% and a return on equity of 23.46%.
Intertek Group Stock Down 0.8 %
Shares of LON:ITRK traded down GBX 40 ($0.52) during trading on Thursday, hitting GBX 5,210 ($67.16). The company’s stock had a trading volume of 1,065,094 shares, compared to its average volume of 1,105,755. The company has a market capitalization of £8.36 billion, a PE ratio of 27.15, a PEG ratio of 1.99 and a beta of 0.63. Intertek Group has a fifty-two week low of GBX 4,394 ($56.64) and a fifty-two week high of GBX 5,575 ($71.86). The company has a debt-to-equity ratio of 103.83, a quick ratio of 1.19 and a current ratio of 1.27. The stock’s 50-day moving average price is GBX 5,017.70 and its two-hundred day moving average price is GBX 4,890.34.
Analyst Ratings Changes
A number of research analysts have commented on the company. Shore Capital upgraded Intertek Group to a “hold” rating in a research note on Tuesday, November 19th. Berenberg Bank boosted their price target on Intertek Group from GBX 5,800 ($74.76) to GBX 6,000 ($77.34) and gave the stock a “buy” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. increased their price objective on shares of Intertek Group from GBX 5,400 ($69.61) to GBX 5,500 ($70.89) and gave the company an “overweight” rating in a research report on Thursday, December 5th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of GBX 5,675 ($73.15).
About Intertek Group
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers’ operations and supply chains.
Intertek is a purpose-led company to Bring Quality, Safety and Sustainability to Life.
Recommended Stories
- Five stocks we like better than Intertek Group
- Consumer Staples Stocks, Explained
- Occidental Petroleum Drops to 52-Week Low: Buy, Sell, or Hold?
- Buy P&G Now, Before It Sets A New All-Time High
- Super Micro Computer Is Now NASDAQ Compliant—But Is It a Buy?
- How to Calculate Stock Profit
- Taiwan Semi’s $100 Billion Investment: Fate of the Chipmakers
Receive News & Ratings for Intertek Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Intertek Group and related companies with MarketBeat.com's FREE daily email newsletter.
