Is inTest (INTT) Outperforming Other Computer and Technology Stocks This Year?

INTT

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is inTest (INTT - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

inTest is one of 651 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a successful stock-picking model that emphasizes earnings estimates and estimate revisions. The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. INTT is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past 90 days, the Zacks Consensus Estimate for INTT's full-year earnings has moved 34.67% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the latest available data, INTT has gained about 15.99% so far this year. In comparison, Computer and Technology companies have returned an average of 0.36%. As we can see, inTest is performing better than its sector in the calendar year.

To break things down more, INTT belongs to the Electronics - Measuring Instruments industry, a group that includes 9 individual companies and currently sits at #33 in the Zacks Industry Rank. Stocks in this group have lost about 0.07% so far this year, so INTT is performing better this group in terms of year-to-date returns.

INTT will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.

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