Northland Securities Has Negative View of inTEST Q3 Earnings

inTEST Co. (NYSE:INTT) – Analysts at Northland Securities dropped their Q3 2026 earnings per share (EPS) estimates for inTEST in a report issued on Monday, August 10th. Northland Securities analyst T. Jackson now expects that the company will post earnings per share of $0.08 for the quarter, down from their previous forecast of $0.13. Northland Securities has a “Outperform” rating and a $15.00 price objective on the stock. The consensus estimate for inTEST’s current full-year earnings is $0.41 per share. Northland Securities also issued estimates for inTEST’s Q4 2026 earnings at $0.10 EPS, FY2026 earnings at $0.24 EPS, Q1 2027 earnings at $0.07 EPS, Q2 2027 earnings at $0.15 EPS, Q3 2027 earnings at $0.18 EPS, Q4 2027 earnings at $0.24 EPS, FY2027 earnings at $0.64 EPS, FY2028 earnings at $0.83 EPS and FY2029 earnings at $1.01 EPS.

Separately, Zacks Research downgraded inTEST from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.00.

inTEST Stock Performance

Shares of inTEST stock opened at $13.36 on Wednesday. inTEST has a 52 week low of $6.63 and a 52 week high of $20.00. The business’s fifty day simple moving average is $15.37 and its 200-day simple moving average is $14.51. The firm has a market cap of $167.87 million, a PE ratio of 58.09 and a beta of 1.51. The company has a quick ratio of 1.38, a current ratio of 2.26 and a debt-to-equity ratio of 0.08.

Hedge Funds Weigh In On inTEST

Hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of inTEST by 0.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 487,984 shares of the company’s stock worth $3,645,000 after acquiring an additional 1,999 shares in the last quarter. State Street Corp raised its stake in shares of inTEST by 4.3% in the fourth quarter. State Street Corp now owns 49,010 shares of the company’s stock valued at $366,000 after acquiring an additional 2,000 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in inTEST by 0.6% in the second quarter. Ameriprise Financial Inc. now owns 517,962 shares of the company’s stock valued at $3,771,000 after purchasing an additional 2,907 shares during the period. Geode Capital Management LLC boosted its holdings in inTEST by 2.7% in the fourth quarter. Geode Capital Management LLC now owns 126,537 shares of the company’s stock valued at $945,000 after purchasing an additional 3,333 shares during the period. Finally, Bailard Inc. grew its stake in inTEST by 11.2% during the 4th quarter. Bailard Inc. now owns 35,803 shares of the company’s stock worth $267,000 after purchasing an additional 3,603 shares in the last quarter. 63.18% of the stock is currently owned by hedge funds and other institutional investors.

inTEST News Summary

Here are the key news stories impacting inTEST this week:

• Positive Sentiment: inTEST reported second-quarter revenue of $35.3 million, up 25.5% year over year, while adjusted EPS was $0.09 versus the $0.04 consensus estimate. GAAP EPS was $0.04, compared with $0.03 a year earlier. InTest Reports Strong Second Quarter 2026 Revenue and EPS
• Positive Sentiment: The company posted its third consecutive profitable quarter and raised its full-year 2026 outlook, supporting the view that recovering orders and backlog are translating into improved earnings. inTest Beats Estimates and Raises FY26 Outlook
• Neutral Sentiment: Northland Securities maintained an “Outperform” rating and a $15 price target, but lowered its fiscal 2030 EPS estimate to $1.18 from $1.28. The estimate reduction signals some caution about longer-term growth despite the bullish rating.
• Negative Sentiment: Management forecast third-quarter revenue of $33 million to $35 million, with the top end only matching the current consensus estimate. This suggests a possible sequential slowdown after the strong second quarter. inTest Beats Q2 Earnings and Revenue Estimates
• Negative Sentiment: A bearish analysis argues that orders and backlog have begun to roll over, while valuation assumes stronger demand and operating leverage that have not yet been fully demonstrated. Because inTEST is exposed to cyclical manufacturing and semiconductor capital spending, this creates risk to future revenue and margins. inTEST Downstream CAPEX Cycle Analysis

inTEST Company Profile

inTEST Corporation (NYSE: INTT) is a developer and manufacturer of precision instrumentation and test solutions designed for the semiconductor, microelectronics and related manufacturing industries. The company’s offerings focus on thermal management and instrument interface technologies that support the environmental conditioning and electrical performance evaluation of devices under test. These solutions include temperature controllers and cyclers, thermal subsystems, load boards, connectors and custom test interfaces engineered to accelerate reliability testing, product qualification and high-volume production measurement.

Serving customers across North America, Europe and Asia, inTEST supports semiconductor fabs, assembly and packaging facilities, research laboratories and OEM equipment builders.