Intertek Group (LON:ITRK) Issues Quarterly Earnings Results

Intertek Group (LON:ITRK) 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 Stock Performance

LON:ITRK opened at GBX 5,250 ($67.67) on Thursday. The firm has a market cap of £8.43 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 1.99 and a beta of 0.63. The business has a 50 day moving average price of GBX 5,017.70 and a 200-day moving average price of 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. Intertek Group has a fifty-two week low of GBX 4,394 ($56.64) and a fifty-two week high of GBX 5,575 ($71.86).

Analyst Ratings Changes

Several equities analysts have recently commented on ITRK shares. 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. Shore Capital raised shares of Intertek Group to a “hold” rating in a research report on Tuesday, November 19th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of GBX 5,550 ($71.54).

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.