Intertek Group (LON:ITRK – Get Free Report) announced its quarterly earnings results on Tuesday. The company reported GBX 242.60 ($3.13) EPS 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 Performance
ITRK stock traded down GBX 5 ($0.06) during mid-day trading on Thursday, reaching GBX 5,245 ($67.61). 1,514,584 shares of the stock traded hands, compared to its average volume of 1,115,527. The firm has a market capitalization of £8.42 billion, a PE ratio of 27.34, a P/E/G ratio of 1.99 and a beta of 0.63. The business has a 50-day moving average of GBX 5,017.70 and a two-hundred day moving average of GBX 4,890.34. Intertek Group has a 52 week low of GBX 4,394 ($56.64) and a 52 week high of GBX 5,575 ($71.86). The company has a quick ratio of 1.19, a current ratio of 1.27 and a debt-to-equity ratio of 103.83.
Wall Street Analysts Forecast Growth
Several equities analysts have commented on ITRK shares. JPMorgan Chase & Co. increased their target price on shares of Intertek Group from GBX 5,400 ($69.61) to GBX 5,500 ($70.89) and gave the stock an “overweight” rating in a research report on Thursday, December 5th. Shore Capital raised Intertek Group to a “hold” rating in a report on Tuesday, November 19th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Intertek Group presently has an average rating of “Moderate Buy” and a consensus price target of GBX 5,550 ($71.54).
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.
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