Intest Stock Beta
| INTT Stock | USD 9.37 0.25 2.74% |
inTest fundamentals help investors to digest information that contributes to InTest's financial success or failures. It also enables traders to predict the movement of InTest Stock. The fundamental analysis module provides a way to measure InTest's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to InTest stock.
InTest |
inTest Company Beta Analysis
InTest's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current InTest Beta | 1.92 |
Most of InTest's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, inTest is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, inTest has a Beta of 1.922. This is 81.32% higher than that of the Semiconductors & Semiconductor Equipment sector and 73.15% higher than that of the Information Technology industry. The beta for all United States stocks is notably lower than that of the firm.
InTest Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses InTest's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of InTest could also be used in its relative valuation, which is a method of valuing InTest by comparing valuation metrics of similar companies.InTest is currently under evaluation in beta category among its peers.
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, InTest will likely underperform.
InTest Fundamentals
| Return On Equity | 0.0293 | ||||
| Return On Asset | 0.0103 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 122.57 M | ||||
| Shares Outstanding | 12.37 M | ||||
| Shares Owned By Insiders | 9.40 % | ||||
| Shares Owned By Institutions | 59.45 % | ||||
| Number Of Shares Shorted | 91.07 K | ||||
| Price To Earning | 22.25 X | ||||
| Price To Book | 1.12 X | ||||
| Price To Sales | 0.95 X | ||||
| Revenue | 123.3 M | ||||
| Gross Profit | 53.33 M | ||||
| EBITDA | 16.41 M | ||||
| Net Income | 9.34 M | ||||
| Cash And Equivalents | 12.39 M | ||||
| Cash Per Share | 1.16 X | ||||
| Total Debt | 17.46 M | ||||
| Debt To Equity | 0.38 % | ||||
| Current Ratio | 2.13 X | ||||
| Book Value Per Share | 8.26 X | ||||
| Cash Flow From Operations | 16.2 M | ||||
| Short Ratio | 1.85 X | ||||
| Earnings Per Share | 0.22 X | ||||
| Target Price | 13.33 | ||||
| Number Of Employees | 323 | ||||
| Beta | 1.92 | ||||
| Market Capitalization | 115.95 M | ||||
| Total Asset | 134.83 M | ||||
| Retained Earnings | 42.2 M | ||||
| Working Capital | 61.48 M | ||||
| Current Asset | 36.86 M | ||||
| Current Liabilities | 5.03 M | ||||
| Net Asset | 134.83 M |
About InTest Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze inTest's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of InTest using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of inTest based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for InTest Stock Analysis
When running InTest's price analysis, check to measure InTest's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy InTest is operating at the current time. Most of InTest's value examination focuses on studying past and present price action to predict the probability of InTest's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move InTest's price. Additionally, you may evaluate how the addition of InTest to your portfolios can decrease your overall portfolio volatility.