InTest Story

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INTT -- USA Stock  

USD 5.17  0.23  4.66%

In this post we will review InTest. We will analyze why it could be a much better year for InTest shareholders. InTest is currently traded for 5.10. The entity has historical hype elasticity of -0.03. The average price elasticity to hype of competition is about 0.06. The firm is forecasted to decline in value after the next press release, with the price expected to drop to 4.89. The average volatility of headline impact on the company stock price is huge, making predictions on the news or social media along less reliable. The price decrease on the next news is expected to be -0.61%, whereas the daily expected return is currently at 0.16 percent. Given the investment horizon of 30 days, the next forecasted announcement will be in about 3 days.
Published over two weeks ago
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Will InTest (NYSEMKT:INTT) continue to gain?
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. InTest has an asset utilization ratio of 125.5 percent. This implies that the company is making $1.25 for each dollar of assets. An increasing asset utilization means that InTest is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of InTest stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as InTest, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of InTest based on InTest hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to InTest's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to InTest's related companies.

Use Technical Analysis to project InTest expected Price

InTest technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of InTest technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of InTest trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

How InTest utilizes its cash?

To perform a cash flow analysis of InTest, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash InTest is receiving and how much cash it distributes out in a given period. The InTest cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. InTest Net Cash Flow from Operations is comparatively stable at the moment as compared to the past year. InTest reported Net Cash Flow from Operations of (8.4 Million) in 2019

Another Deeper Perspective

The company reported the previous year's revenue of 52.75 M. Net Income was 398 K with profit before overhead, payroll, taxes, and interest of 29.23 M.

Deferred Revenue Breakdown

InTest Deferred Revenue yearly trend continues to be comparatively stable with very little volatility. Deferred Revenue is likely to outpace its year average in 2020. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. InTest Deferred Revenue is comparatively stable at the moment as compared to the past year. InTest reported Deferred Revenue of 456,000 in 2019
2010
2012
2013
2017
2018
2019
2020
2010425,000
2012255,000
201374,000
2017886,000
20181.26 Million
2019456,000
2020563,632

InTest implied volatility may change after the gain

Newest Risk Adjusted Performance is up to 0.05. Price may drop again. InTest shows above-average downside volatility for the selected time horizon. We advise investors to inspect InTest further and ensure that all market timing and asset allocation strategies are consistent with the estimation of InTest future alpha.

Our Takeaway on InTest Investment

Whereas some firms under the semiconductors industry are still a bit expensive, InTest may offer a potential longer-term growth to private investors. The bottom line, as of the 10th of November 2020, our research shows that InTest is a rather moderately volatile investment opportunity with a low probability of distress in the next two years. From a slightly different view, the entity currently appears to be fairly valued. However, our up-to-date 30 days buy-or-sell advice on the firm is Strong Sell.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Achuva Shats do not own shares of InTest. Please refer to our Terms of Use for any information regarding our disclosure principles.

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