inTEST Corporation

inTEST Corporation

INTTยทAMEX

$16.64

-2.9%
TechnologySemiconductors

inTEST Corporation supplies test and process solutions for use in manufacturing and testing in automotive, defense/aerospace, industrial, life sciences, security, and semiconductor markets worldwide. The company operates through two segments, Thermal Products (Thermal) and Electromechanical Semiconductor Products (EMS). The Thermal segment offers ThermoStream products that are used in the semi market as a stand-alone temperature management tool, or in various electronic test applications; Thermal Chambers; Thermal Platforms; Thermonics temperature conditioning products that provide tempered gas or fluid; ultra-cold storage solutions, including biomedical freezers, refrigerators, and mobile storage solutions; EKOHEAT and EASYHEAT induction heating systems; and digital streaming and image capturing solutions. The EMS segment provides in2, Cobal, and LS series manipulators that hold various test heads and enable an operator to reposition a test head for alternate use with various probers or handlers on a test floor; and docking hardware products, which protect the interface contacts and ensure proper repeatable and precise alignment between the test head's interface board and the prober's probing assembly or the handler's test socket. This segment also offers tester interfaces that provide electrical connections between the tester and the wafer prober or integrated circuit (IC) handler; and scorpion flying probe test systems, which designs and manufactures robotics-based electronic test equipment, as well as provides application support services. Its products are used in production testing of wafers and specialized packaged ICs in back-end testing by semiconductor manufacturers. The company markets and sells its products to semiconductor manufacturers, third-party foundries, test and assembly providers, and original equipment manufacturers. inTEST Corporation was incorporated in 1981 and is headquartered in Mount Laurel, New Jersey.

At a Glance

Live Snapshot
Market Cap$209.08M
EPS-0.2100
P/E Ratio-79.24
Earnings Date07/31/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

Medium confidence

Valuation multiple is compressed (P/E -79.2).

Valuation inputs: P/E -79.2, earnings yield N/A, momentum -2.9%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE -2.4%, ROIC -2.4%).

Profitability stack: net margin -2.2%, ROE -2.4%, ROIC -2.4%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Risk profile is balanced but has notable pressure points to monitor.

Risk factors: liabilities/assets +31.5%, momentum -2.9%, net margin -2.2%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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inTEST Corporation Market vs Earnings Trajectory

INTT ยท AMEX

Loading price and EPS data...

inTEST Corporation

inTEST Corporation Fair Value Envelope

INTT ยท AMEX

Our analysis suggests that INTT has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $16.64, this represents a potential HIDDEN relative to our calculated worth for inTEST Corporation.

Intrinsic Value
Current Price: $16.64
3Y-127.0%
5Y+141.0%
10Y-181.0%
3Y-3.0%
5Y+111.0%
10Y+183.0%
3Y-130.0%
5Y+182.0%
10Y-195.0%
3Y-627.0%
5Y+125.0%
10Y+71.0%
3Y-306.0%
5Y+119.0%
10Y+44.0%
3Y+37.0%
5Y+144.0%
10Y+253.0%
inTEST Corporation

inTEST Corporation Profit Bridge

INTT ยท AMEX
Revenue113.83M
Cost of Goods Sold (64.91M)
Gross Profit48.92M
Operating Expenses (52.65M)
Operating Income-3.73M
Interest Expense (450.00K)
Other Income/Expense503.00K
Pretax Income-3.22M
Income Tax (-695.00K)
Net Income-2.53M
Net Income
-2.53M

Profitability Analysis

Gross Margin

43.0%

Strong gross margins indicate healthy pricing and efficient production or service delivery.

Operating Margin

-3.3%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-2.2%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

42.98%
Gross Profit Margin
1%
3Y-6.0%
5Y-4.0%
10Y-15.0%
-3.27%
Operating Profit Margin
-226%
3Y-136.0%
5Y+45.0%
10Y-132.0%
-2.22%
Net Profit Margin
-200%
3Y-131.0%
5Y+34.0%
10Y-134.0%
-2.44%
Return on Equity
-184%
3Y-119.0%
5Y+22.0%
10Y-135.0%
-1.67%
Return on Assets
-188%
3Y-122.0%
5Y+16.0%
10Y-127.0%
-2.36%
Return on Invested Capital
-208%
3Y-123.0%
5Y+45.0%
10Y-134.0%
INTT

inTEST Corporation Cash Conversion Engine

INTT ยท AMEX
Net Income-2.53M
Depreciation & Amortization6.80M
Stock-Based Compensation1.61M
Change in Working Capital1.99M
Others474.00K
Capital Expenditures-1.63M
Free Cash Flow5.68M

Cash Flow Quality Analysis

FCF Conversion Rate

-224.9%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

22.3%

Moderate capital requirements typical of many stable businesses. Healthy balance between reinvestment and cash generation.

FCF Growth Trend

+127.6%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

+$1.99M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

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inTEST Corporation Funding & Solvency Profile

INTT ยท AMEX
Cash & Cash Equivalents12.87M
Net Receivables30.15M
Inventory30.45M
Other Current Assets6.15M
Total Current Assets80 M
Property, Plant & Equipment13.55M
Goodwill & Intangible Assets56.00M
Long-Term Investments0.00
Other Non-Current Assets657.00K
Total Non-Current Assets14 M
Total Assets
150.77M

Financial Health Analysis

Current Ratio

2.22x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.44x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

44 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

53% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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inTEST Corporation Street Expectations Map

INTT ยท AMEX

Wall Street analysts project that INTT stock may decline over the coming 12 months. The consensus 1-year price target stands at 11.33, with estimates ranging from a low of 8.00 to a high of 16.00.

Lowest Target
8.00
-51.92%
Consensus Target
11.33
-31.91%
Highest Target
16.00
-3.85%

The consensus 1-year price target stands at 11.33, with estimates ranging from a low of 8.00 to a high of 16.00.

Analyst Consensus Analysis

Upside Potential

-31.9%

Significant downside risk. Stock trading well above analyst consensus suggests elevated valuation concerns and potential correction.

Analyst Agreement

70.6% spread

High uncertainty. Very wide target spread indicates significant disagreement among analystsโ€”major valuation uncertainty or transformation underway.

Risk-Reward Profile

0.07x

Unfavorable risk-reward. Downside risk exceeds upside potential. Consider defensive positioning or alternative opportunities.

Analyst Conviction

Low

High uncertainty: Wide dispersion indicates analysts struggle to agree on valuationโ€”proceed with caution and independent analysis.

Market Sentiment Insight

Extreme uncertainty: Massive dispersion in price targets reflects fundamental disagreement on business trajectory. This could signal transformation, disruption, or complex valuationโ€”requires deep sector expertise and contrarian mindset.

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inTEST Corporation Insider Positioning

INTT ยท AMEX

During the last 12 months, insiders have purchased $45K and sold $58K worth of INTT shares, resulting in $13K of net selling activity.

3 Months

Bought

0

0.00

Sold

4.1K

57.76K

Net Activity

-58K

-$58K

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

6.0K

44.64K

Sold

0

0.00

Net Activity

+45K

+$45K

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

1
MGJ

Maginnis Gerald J.

Director

6.0K sharesโ€ข1 transactions

$45K

Top Sellers

1
GRNJ

Grant Richard N. Jr.

Director, Officer: President & Ceo

4.1K sharesโ€ข3 transactions

$58K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Slightly bearish with $13K net selling. Selling modestly exceeds buying, which could be routine diversification rather than concern.

Buy/Sell Ratio

0.77:1

Moderately negative ratio. Selling is roughly double the buying, which may be routine or signal caution.

Recent Trend (3 Months)

$58K

Heavy recent selling activity. Recent insider sales notably exceed purchasesโ€”may warrant investigation into company developments.

Insider Participation

Balanced

1 insider buyers and 1 sellers. Equal participation suggests mixed or neutral insider views.

No Dividend Yield Data

INTT has not reported any dividend yield values in the available annual periods.

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intt Dividend History

INTT
10Y CAGR +0%
Latest $0.08
Annual $0.08
Stable dividend payments
Last Period: +0%