This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

10 Low P/E Semiconductor Stocks With Upside

9. inTEST (INTT - Get Report) designs, manufactures and markets mechanical, thermal and electrical products that semiconductor manufacturers use in conjunction with automatic test equipment (ATE) for testing ICs.

For fourth quarter of 2010, the company's revenue soared 20% to $10.1 million from $8.4 million in the same quarter of 2009. Gross margin improved to 47.4% from 37.5% in the same quarter last year. As a result, net income increased several times to $1.3 million or 13 cents per share from $142,000 or 1 cent per share. Analysts estimated earnings of 9 cents per share.

Full year revenue almost doubled to $46.2 million from $23.5 million a year earlier, driven by 133.8% increase in revenue from sales of mechanical products, 35.3% increase from sales of thermal products, and 188.9% increase in electrical products sales. Geographically, revenue from international customers more than doubled to $28.7 million, while U.S. revenue increased 73.8% to $17.5 million.

Subsequently, the company swung to net income of $7.3 million or 72 cents per share, as opposed to a loss of $4.8 million or 49 cents per share in 2009. Cash and cash equivalents surged to $6.9 million from $2.6 million, and the company remains debt-free.

Going forward, inTEST expects revenue to be $11-$12 million, and net income in the range of 11-15 cents per share. As of Dec. 2010, order backlog stood at $6.1 million compared to $4.6 million a year earlier. The company's stock has gained 110.7% during the past one year, while it trades at an attractive P/E of 4.9

3 of 11

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
INTT $4.10 0.49%
KLIC $15.63 -1.26%
NVMI $11.52 -0.35%
NANO $16.82 -1.58%
UCTT $7.15 -2.05%


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs