Intertek Group (IKTSY) Forecasted to Post FY2019 Earnings of $3.33 Per Share

Intertek Group (OTCMKTS:IKTSY) – Analysts at Jefferies Group issued their FY2019 EPS estimates for Intertek Group in a note issued to investors on Thursday, Zacks Investment Research reports. Jefferies Group analyst W. Kirkness anticipates that the business services provider will earn $3.33 per share for the year.

Separately, Zacks Investment Research upgraded shares of Intertek Group from a “hold” rating to a “buy” rating and set a $80.00 price objective for the company in a research note on Saturday, January 27th.

Intertek Group (OTCMKTS:IKTSY) traded down $0.37 during midday trading on Monday, hitting $69.05. 200 shares of the company traded hands, compared to its average volume of 575. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.58 and a quick ratio of 1.55. Intertek Group has a 1 year low of $43.32 and a 1 year high of $72.50.

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About Intertek Group

Intertek Group Plc provides quality and safety solutions to various industries worldwide. It operates in three segments: Products, Trade, and Resources. The Products segment offers assurance, testing, and inspection and certification services (ATIC), including laboratory safety, quality and performance testing, second-party supplier auditing, sustainability analysis, products assurance, vendor compliance, process performance analysis, facility plant and equipment verification, and third party certification services.

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