Intertek Group (LON:ITRK – Get Free Report) posted its 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 Price Performance
Shares of LON ITRK traded down GBX 5 ($0.06) during mid-day trading on Thursday, hitting GBX 5,245 ($67.61). 1,514,584 shares of the stock were exchanged, compared to its average volume of 1,115,527. Intertek Group has a twelve month low of GBX 4,394 ($56.64) and a twelve month high of GBX 5,575 ($71.86). The stock’s fifty day simple moving average is GBX 5,017.70 and its two-hundred day simple moving average is GBX 4,890.34. 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 company has a market cap of £8.42 billion, a P/E ratio of 27.34, a PEG ratio of 1.99 and a beta of 0.63.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on ITRK. Shore Capital upgraded Intertek Group to a “hold” rating in a research note on Tuesday, November 19th. JPMorgan Chase & Co. upped their price target on 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 assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Intertek Group presently has an average rating of “Moderate Buy” and a consensus target price 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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