Intertek Group (LON:ITRK – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 242.60 ($3.13) earnings per share for the quarter, Digital Look Earnings reports. Intertek Group had a return on equity of 23.46% and a net margin of 9.19%.
Intertek Group Price Performance
Shares of ITRK stock traded down GBX 40 ($0.52) on Thursday, reaching GBX 5,210 ($67.16). The company had a trading volume of 393,081 shares, compared to its average volume of 1,091,146. The business’s 50-day moving average is GBX 5,017.70 and its 200 day moving average is GBX 4,890.34. Intertek Group has a one year low of GBX 4,394 ($56.64) and a one year 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. The stock has a market capitalization of £8.36 billion, a PE ratio of 27.15, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on ITRK. Shore Capital raised shares of Intertek Group to a “hold” rating in a research report on Tuesday, November 19th. JPMorgan Chase & Co. upped their price target 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 report on Thursday, December 5th. Finally, Berenberg Bank lifted their price objective on shares of Intertek Group from GBX 5,800 ($74.76) to GBX 6,000 ($77.34) and gave the company a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 5,675 ($73.15).
Intertek Group Company Profile
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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