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Intertek Group PLC (GB:ITRK)
LSE:ITRK

Intertek (ITRK) AI Stock Analysis

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GB

Intertek

(LSE:ITRK)

Rating:74Outperform
Price Target:
5,513.00p
▲(11271.70%Upside)
Intertek's strong financial performance and positive corporate strategies are the most significant strengths, supported by favorable earnings call sentiments and robust technical indicators. The company's valuation is reasonable, with a solid dividend yield enhancing its attractiveness.

Intertek (ITRK) vs. iShares MSCI United Kingdom ETF (EWC)

Intertek Business Overview & Revenue Model

Company DescriptionIntertek Group plc is a leading Total Quality Assurance provider to industries worldwide. The company operates in over 100 countries, offering a wide range of services including testing, inspection, and certification to ensure that products, services, and systems meet quality, safety, and performance standards. Intertek serves a variety of industries such as consumer goods, healthcare, food and agriculture, and building products, contributing to the safe and efficient operation of global supply chains.
How the Company Makes MoneyIntertek generates revenue primarily through its diverse service offerings in testing, inspection, and certification. The company earns fees from clients across multiple industries who require their products and processes to meet regulatory and safety standards. Key revenue streams include laboratory testing services, on-site inspections, and certification processes. Intertek also benefits from long-term partnerships and contracts with businesses that need ongoing quality assurance services. The company's global presence and diverse industry coverage enable it to capitalize on regulatory requirements and consumer demand for quality and safety, driving consistent revenue growth.

Intertek Earnings Call Summary

Earnings Call Date:Mar 04, 2025
(Q4-2024)
|
% Change Since: -3.90%|
Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment Positive
The earnings call highlighted strong financial performance with significant revenue and profit growth, record cash flow, and a substantial dividend increase. The company also announced a share buyback program, indicating confidence in its future prospects. However, there were challenges in the Industry and Infrastructure segment, particularly in building construction. Overall, the positive elements outweigh the negatives.
Q4-2024 Updates
Positive Updates
Strong Financial Performance
Intertek delivered a strong financial performance in 2024, with total revenue of 3.4 billion pounds, up 6.6% at constant currency and 1.9% at actual rates. Operating profit increased by 13% at constant rates, and the operating margin was 17.4%, up by 100 basis points year-on-year.
Record Cash Flow and Dividend Increase
Intertek achieved record adjusted cash flow from operations of 789 million pounds and announced a 40.1% increase in the full-year dividend to 156.5 p.
Share Buyback Program
Intertek announced an initial share buyback program of 350 million pounds, to be completed during the current financial year.
Geographic Revenue Growth
Revenue growth was broad-based across geographies with the Americas, EMEA, and APAC growing by 5.9%, 7.5%, and 6.7% respectively at constant currency.
China Market Performance
Intertek's business in China delivered robust like-for-like revenue growth of 6.7% in 2024, with growth accelerating to 7.7% in the second half.
Negative Updates
Lower Margin in Industry and Infrastructure
Industry and Infrastructure's operating profit was down 2% with a margin of 9.6%, 40 basis points lower than last year, affected by a lower margin in building construction.
Challenges in Building Construction
The building construction segment experienced low-single digit negative like-for-like revenue growth due to a temporary slowdown of large projects and severe weather conditions in North America.
Company Guidance
In the 2024 fiscal year, Intertek delivered a strong financial performance, surpassing market expectations with several key metrics. Like-for-like revenue growth was consistent at mid-single digits for the fourth consecutive year, with an increase of 6.3% at constant currency. The operating margin improved by 100 basis points year-on-year, reaching 17.4%. Earnings per share (EPS) grew by 15.2% at constant currency, and return on invested capital (ROIC) was outstanding at 22.4%, up 250 basis points from the previous year. Intertek achieved a record adjusted cash flow of £789 million and a free cash flow of £409 million, marking an 8% year-on-year increase. The company's net debt-to-EBITDA ratio improved to 0.7 times, and dividends to shareholders rose by 40.1%. Looking ahead, Intertek announced an initial share buyback program of £350 million and set a new medium-term margin target of 18.5% plus, reflecting their confidence in robust financial performance for 2025.

Intertek Financial Statement Overview

Summary
Intertek presents a strong financial profile with growing revenues, healthy profitability margins, and effective cash flow management. The company balances its leverage well, although there is a moderate reliance on debt.
Income Statement
85
Very Positive
Intertek shows strong financial performance with consistent revenue growth, reflected by a 1.93% increase from 2023 to 2024. The company also maintains robust profitability margins, with a gross profit margin of 100% due to the equal reporting of gross profit and total revenue, a net profit margin of 10.18% in 2024, and steady EBIT and EBITDA margins at 15.79% and 21.38% respectively. These indicators highlight Intertek's efficiency in generating profits from its revenues, despite industry challenges.
Balance Sheet
78
Positive
Intertek's balance sheet reveals a balanced financial structure with a debt-to-equity ratio of 0.81 in 2024, indicating manageable leverage. The return on equity (ROE) is healthy at 24.64%, showcasing effective use of shareholder funds to generate earnings. However, the equity ratio stands at 38.94%, suggesting a moderate reliance on debt financing. Overall, the balance sheet reflects a stable financial position with room for improvement in equity financing.
Cash Flow
82
Very Positive
The cash flow statement demonstrates solid cash management with a free cash flow growth rate of 10.53% from 2023 to 2024. The operating cash flow to net income ratio is 1.73, indicating strong cash generation relative to earnings. Additionally, the free cash flow to net income ratio of 1.34 highlights the company's ability to convert earnings into free cash flow effectively. These metrics suggest robust cash flow health, supporting ongoing operations and potential growth initiatives.
BreakdownDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.39B3.33B3.19B2.79B2.74B
Gross Profit553.90M1.91B484.90M445.40M399.40M
EBITDA725.30M678.00M677.90M626.90M601.50M
Net Income345.40M297.40M288.80M288.10M247.30M
Balance Sheet
Total Assets3.60B3.54B3.66B3.25B2.62B
Cash, Cash Equivalents and Short-Term Investments343.00M299.30M321.60M265.90M203.90M
Total Debt1.14B1.22B1.38B1.29B848.00M
Total Liabilities2.15B2.18B2.34B2.14B1.61B
Stockholders Equity1.40B1.32B1.28B1.08B975.00M
Cash Flow
Free Cash Flow462.10M418.10M445.60M454.60M480.10M
Operating Cash Flow597.10M535.00M562.10M551.70M559.90M
Investing Cash Flow-142.20M-145.10M-175.50M-587.90M-72.70M
Financing Cash Flow-402.40M-376.20M-334.90M122.80M-508.90M

Intertek Technical Analysis

Technical Analysis Sentiment
Positive
Last Price48.48
Price Trends
50DMA
47.20
Positive
100DMA
47.68
Positive
200DMA
47.56
Positive
Market Momentum
MACD
0.24
Negative
RSI
59.79
Neutral
STOCH
92.28
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:ITRK, the sentiment is Positive. The current price of 48.48 is above the 20-day moving average (MA) of 47.69, above the 50-day MA of 47.20, and above the 200-day MA of 47.56, indicating a bullish trend. The MACD of 0.24 indicates Negative momentum. The RSI at 59.79 is Neutral, neither overbought nor oversold. The STOCH value of 92.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:ITRK.

Intertek Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
74
Outperform
£7.59B22.5525.35%3.16%1.94%16.26%
GBJSG
74
Outperform
£638.58M18.4412.12%2.51%10.34%33.59%
GBJSG
74
Outperform
£638.58M18.4412.12%2.51%10.34%33.59%
66
Neutral
€4.04B9.1418.29%3.44%3.84%-103.41%
GBMTO
65
Neutral
£1.72B17.1723.48%4.27%14.34%-16.43%
GBRST
64
Neutral
£359.43M28.725.32%2.90%-0.65%
GBRTO
60
Neutral
£8.85B28.927.38%2.49%1.13%-19.48%
GBRTO
60
Neutral
£8.85B28.927.38%2.49%1.13%-19.48%
GBSRP
55
Neutral
£2.10B49.744.71%2.01%-0.68%-78.93%
GBSRP
55
Neutral
£2.10B49.744.71%2.01%-0.68%-78.93%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:ITRK
Intertek
48.48
2.28
4.94%
GB:SRP
Serco Group plc
2.07
0.30
16.95%
GB:SRP
Serco Group plc
2.07
0.30
16.95%
GB:RTO
Rentokil Initial
3.52
-1.03
-22.64%
GB:RTO
Rentokil Initial
3.52
-1.03
-22.64%
GB:JSG
Johnson Service
1.58
0.02
1.28%
GB:JSG
Johnson Service
1.58
0.02
1.28%
GB:RST
Restore
2.62
0.03
1.16%
GB:MTO
Mitie Group plc
1.41
0.28
24.78%

Intertek Corporate Events

Regulatory Filings and Compliance
Intertek Group Announces Total Voting Rights and Capital Update
Neutral
Jun 30, 2025

Intertek Group plc has announced that it has 157,425,972 ordinary shares with voting rights admitted to trading, in compliance with the FCA’s Disclosure Guidance and Transparency Rules. This update is significant for shareholders as it affects their calculations for notifying changes in their interest in the company, reflecting Intertek’s commitment to transparency and regulatory compliance.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

DividendsRegulatory Filings and Compliance
Intertek CFO Acquires Shares Through Dividend Reinvestment Plan
Neutral
Jun 26, 2025

Intertek Group PLC announced that its Chief Financial Officer, Colm Deasy, acquired 135 ordinary shares of the company through a Dividend Reinvestment Plan at a price of £47.76 per share. This transaction, conducted on the London Stock Exchange, reflects the company’s adherence to regulatory requirements and highlights the ongoing engagement of its leadership in the company’s financial activities.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Product-Related AnnouncementsBusiness Operations and Strategy
Intertek Launches World’s First AI Assurance Programme
Positive
Jun 24, 2025

Intertek has launched Intertek AI2, the world’s first independent end-to-end AI assurance programme, designed to help organizations implement smarter, safer, and trusted AI solutions. This initiative positions Intertek as a leader in AI assurance by addressing governance, transparency, security, and safety concerns associated with AI technology, thereby enhancing its industry positioning and offering significant benefits to stakeholders.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 24, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 208,502 of its ordinary shares as part of its ongoing Share Buyback Programme initiated in March 2025. This move, which involves cancelling the purchased shares, is part of a larger strategy to repurchase up to £350 million worth of shares, reflecting the company’s commitment to returning value to shareholders and optimizing its capital structure. The completion of this transaction leaves Intertek with 157,425,972 shares in issue, impacting the total voting rights and potentially influencing shareholder decisions and market perceptions.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Recent Share Purchase
Positive
Jun 23, 2025

Intertek Group PLC has announced the purchase of 107,366 of its ordinary shares as part of its ongoing Share Buyback Programme, which was initiated to repurchase up to £350 million of shares. This transaction, executed through J.P. Morgan Securities plc, reflects the company’s strategic move to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and improving market positioning.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Programme
Neutral
Jun 20, 2025

Intertek Group PLC has executed a share buyback, purchasing 38,816 ordinary shares at an average price of 4,727.8616 pence per share as part of its ongoing £350 million Share Buyback Programme. This transaction, conducted through J.P. Morgan Securities plc, aligns with shareholder authority and will result in the cancellation of the purchased shares, impacting the company’s total voting rights and potentially influencing shareholder value.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Recent Share Purchases
Positive
Jun 19, 2025

Intertek Group PLC has announced the purchase of 3,350 of its ordinary shares as part of its ongoing Share Buyback Programme, which was initially announced in March 2025. This move is part of a broader strategy to repurchase up to £350 million of shares, with the company having already acquired 3,612,471 shares for a total of £170,369,495.20. The purchased shares will be canceled, affecting the total voting rights and share count, which now stands at 157,780,656. This action reflects Intertek’s commitment to returning value to shareholders and optimizing its capital structure.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 16, 2025

Intertek Group PLC has executed a share buyback, purchasing 187,362 ordinary shares as part of its £350 million Share Buyback Programme initiated in March 2025. This transaction, conducted through J.P. Morgan Securities plc, is part of a strategy to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. The company has now purchased a total of 3,609,121 shares, reflecting a significant investment in its own equity, which may positively impact its market positioning and shareholder confidence.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 13, 2025

Intertek Group PLC has executed a share buyback program, purchasing 176,524 ordinary shares at prices ranging from 4,796 to 4,848 pence per share. This transaction is part of a larger initiative to repurchase up to £350 million of shares, enhancing shareholder value and adjusting the company’s capital structure.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 12, 2025

Intertek Group PLC has executed a share buyback program, purchasing 176,052 of its ordinary shares at prices ranging from 4,802 to 4,862 pence per share. This move is part of a larger initiative to repurchase up to £350 million worth of shares, with the company having already bought back 3,245,235 shares for over £152 million. The purchased shares will be canceled, impacting the company’s total voting rights and potentially enhancing shareholder value.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 11, 2025

Intertek Group PLC has executed a share buyback transaction, acquiring 203,908 of its ordinary shares as part of a previously announced Share Buyback Programme. This move, conducted through J.P. Morgan Securities plc, is part of a larger initiative to repurchase up to £350 million worth of shares, aiming to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Advances Share Buyback Programme with Latest Purchase
Positive
Jun 10, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 118,853 ordinary shares at an average price of 4,745.7403 pence per share. This move is part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of shares, enhancing shareholder value by reducing the number of shares in circulation and potentially increasing earnings per share.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback as Part of £350 Million Program
Positive
Jun 9, 2025

Intertek Group PLC has executed a share buyback, purchasing 6,902 of its ordinary shares at a volume-weighted average price of 4,699.4752 pence per share. This transaction is part of a larger £350 million buyback program, aimed at enhancing shareholder value by reducing the number of shares in circulation, which now stands at 158,646,705. The buyback reflects Intertek’s strategic financial management and commitment to optimizing its capital structure, potentially impacting shareholder returns and market perception.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Purchase
Positive
Jun 6, 2025

Intertek Group PLC announced the purchase of 207,217 of its ordinary shares as part of its Share Buyback Programme, which was initiated to repurchase up to £350 million worth of shares. This move, executed through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and market confidence.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £58.50 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 5, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 3,973 of its ordinary shares as part of its ongoing Share Buyback Programme. This initiative, which aims to repurchase up to £350 million of ordinary shares, reflects the company’s strategy to enhance shareholder value and optimize its capital structure. Following this transaction, Intertek has no shares held in treasury, with a total of 158,860,824 ordinary shares in issue, impacting the total voting rights and potentially influencing shareholder interests.

The most recent analyst rating on (GB:ITRK) stock is a Buy with a £57.40 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Executive/Board Changes
Intertek CFO Granted Share Rights Under Long Term Incentive Plan
Neutral
Jun 4, 2025

Intertek Group PLC announced that its Chief Financial Officer, Colm Deasy, has been granted rights to acquire 10,721 ordinary shares under the company’s 2021 Long Term Incentive Plan. These shares are set to vest in three years, contingent on performance targets and continued employment, reflecting the company’s commitment to aligning executive incentives with long-term performance goals.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Jun 4, 2025

Intertek Group PLC has executed a share buyback program, purchasing 11,030 of its ordinary shares at prices ranging from 4,724 to 4,732 pence per share. This move is part of a larger initiative to repurchase up to £350 million worth of shares, with a total of 2,528,330 shares bought so far for £118,428,558.09. The repurchased shares will be canceled, impacting the company’s total voting rights and potentially enhancing shareholder value.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Executes Share Buyback to Optimize Capital Structure
Positive
Jun 3, 2025

Intertek Group PLC has executed a share buyback program, purchasing 96,216 of its ordinary shares at an average price of 4,746.9177 pence per share, as part of a broader initiative to repurchase up to £350 million worth of shares. This move, approved at the 2025 Annual General Meeting, aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, which now stands at 158,875,827.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Programme
Neutral
Jun 2, 2025

Intertek Group PLC has executed a share buyback, purchasing 110,227 ordinary shares at prices ranging from 4,756.0000 to 4,798.0000 pence per share, as part of its ongoing £350 million Share Buyback Programme. This transaction, which aligns with shareholder authority, results in the cancellation of the purchased shares, maintaining the total voting rights at 158,972,043, potentially impacting shareholder interests and the company’s market position.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Regulatory Filings and Compliance
Intertek Announces Total Voting Rights and Share Capital Details
Neutral
May 30, 2025

Intertek Group PLC has announced that it has 159,082,270 ordinary shares in circulation, all of which have voting rights. This information is crucial for shareholders to determine their notification obligations under the FCA’s Disclosure Guidance and Transparency Rules, impacting how they manage their interests in the company.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Enhances Shareholder Value with Strategic Buyback
Positive
May 30, 2025

Intertek Group PLC announced the purchase of 178,683 of its ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of shares. This move, conducted through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening its market position.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Enhances Shareholder Value with Strategic Buyback
Positive
May 29, 2025

Intertek Group PLC has repurchased 166,430 of its ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of shares. This move, executed through J.P. Morgan Securities plc, is intended to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. Following this transaction, Intertek holds no shares in treasury, with a total of 159,260,953 shares in issue. This strategic financial maneuver is expected to strengthen the company’s market position and provide a positive signal to investors.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Purchase
Positive
May 28, 2025

Intertek Group PLC announced the purchase of 15,617 ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million worth of shares. This transaction, executed through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. Following this transaction, the total voting rights in the company stand at 159,427,383, providing stakeholders with updated figures for interest notifications under regulatory guidelines.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
May 28, 2025

Intertek Group PLC has executed a share buyback, purchasing 15,617 of its ordinary shares as part of a larger program to repurchase up to £350 million worth of shares. This move, conducted through J.P. Morgan Securities, is part of a strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and improving market perception.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Recent Share Purchase
Positive
May 27, 2025

Intertek Group PLC has announced the purchase of 158,736 of its ordinary shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million worth of shares. This transaction, conducted through J.P. Morgan Securities plc, aligns with the authority granted by shareholders and reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Executive/Board Changes
Intertek Announces Immediate Changes to Board Committees
Neutral
May 23, 2025

Intertek Group plc has announced immediate changes to its Board Committees following recent Director appointments. The Remuneration Committee will continue under the chairmanship of Graham Allan, with members including Gurnek Bains, Tamara Ingram, Kawal Preet, and Robin Freestone. The Audit Committee remains chaired by Jean-Michel Valette, with members Jez Maiden, Apurvi Sheth, Hilde Aasheim, and Steve Mogford. The Nomination Committee’s membership remains unchanged. These changes reflect Intertek’s ongoing commitment to maintaining robust governance structures.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £52.50 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock Buyback
Intertek Advances Share Buyback Programme with Recent Purchase
Neutral
May 23, 2025

Intertek Group PLC, a company engaged in quality assurance services, announced the purchase of 167,735 of its ordinary shares as part of its ongoing Share Buyback Programme. This transaction, conducted through J.P. Morgan Securities plc, is part of a larger initiative to repurchase up to £350 million of shares, with the company having already acquired 1,791,391 shares for a total of £83,241,614.51. The purchased shares will be canceled, affecting the total voting rights and share count, which now stands at 159,601,736 shares in issue.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Shareholder MeetingsDividendsBusiness Operations and Strategy
Intertek Group PLC Announces Successful AGM with All Resolutions Passed
Positive
May 22, 2025

Intertek Group PLC held its Annual General Meeting where all proposed resolutions were successfully passed by the shareholders. Key resolutions included the approval of the Directors’ Remuneration report, the payment of a final dividend, and the election and re-election of several directors. This outcome reflects strong shareholder support and positions Intertek for continued stability and growth, potentially impacting its strategic direction and stakeholder confidence positively.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Stock BuybackBusiness Operations and StrategyFinancial Disclosures
Intertek Reports Strong Start to 2025 with Robust Revenue Growth
Positive
May 22, 2025

Intertek has reported a strong start to 2025, with a 4.5% like-for-like revenue growth at constant currency, driven by robust performances in its higher margin divisions such as Consumer Products and Corporate Assurance. The company has initiated a £350 million share buyback program and expects continued growth, supported by its strategic investments and market-leading ATIC solutions, which are increasingly in demand due to global trade changes and heightened focus on quality and sustainability.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

Executive/Board ChangesShareholder Meetings
Intertek Withdraws Directors’ Remuneration Policy Proposal
Neutral
May 20, 2025

Intertek Group PLC has decided to withdraw a proposal for a new Directors’ Remuneration Policy from its upcoming Annual General Meeting agenda after consulting with investors and advisors. The company will continue with the existing policy, maintaining stability in its governance approach, and the withdrawal does not impact other resolutions or arrangements for the AGM.

The most recent analyst rating on (GB:ITRK) stock is a Hold with a £51.00 price target. To see the full list of analyst forecasts on Intertek stock, see the GB:ITRK Stock Forecast page.

M&A TransactionsBusiness Operations and Strategy
Intertek Expands into Brazil with TESIS Acquisition
Positive
May 6, 2025

Intertek has announced its acquisition of TESIS, a leading building products testing company based in São Paulo, Brazil, as part of its strategy to expand its Building & Construction Total Quality Assurance business into Brazil’s growing construction industry. This move is driven by increasing demand for building products testing services due to new legislation and government-backed programs in Brazil, and it positions Intertek to capitalize on high-growth opportunities in a market valued at $120 billion, expected to grow at 4.8% annually until 2033.

Product-Related AnnouncementsBusiness Operations and Strategy
Intertek Unveils SupplyTek: A New Era in Global Market Access Solutions
Positive
May 2, 2025

Intertek has launched SupplyTek, the world’s first comprehensive end-to-end global market access solution, designed to help companies navigate the complexities of supply chain re-engineering amidst tariff uncertainties and evolving trade policies. SupplyTek leverages Intertek’s expertise in Consulting, Training, and Assurance to enable faster market access while maintaining quality, safety, and sustainability standards, thus turning supply chain risks into competitive advantages for businesses across various sectors.

Regulatory Filings and Compliance
Intertek Announces Total Voting Rights and Capital Update
Neutral
May 1, 2025

Intertek Group PLC has announced that as of April 30, 2025, it has 159,769,471 ordinary shares with voting rights admitted to trading. This information is crucial for shareholders to determine their notification requirements under the FCA’s Disclosure Guidance and Transparency Rules, highlighting Intertek’s commitment to transparency and regulatory compliance.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 30, 2025

Intertek Group PLC has executed a share buyback, acquiring 114,779 of its ordinary shares as part of its ongoing Share Buyback Programme initiated in March 2025. This move, conducted through J.P. Morgan Securities plc, aligns with the authority granted by shareholders and aims to cancel the purchased shares, thereby potentially enhancing shareholder value and optimizing the capital structure. Following this transaction, Intertek has no shares held in treasury, with 159,769,471 shares remaining in issue, impacting the total voting rights and shareholder notifications under FCA rules.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Purchase
Positive
Apr 29, 2025

Intertek Group PLC has announced the purchase of 7,490 of its ordinary shares as part of its ongoing Share Buyback Programme, initiated to repurchase up to £350 million of shares. This transaction, executed through J.P. Morgan Securities plc, reflects Intertek’s strategy to optimize its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation, thereby increasing earnings per share.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Latest Share Purchase
Positive
Apr 25, 2025

Intertek Group PLC, a company involved in quality assurance services, announced the purchase of 16,959 of its ordinary shares as part of its ongoing Share Buyback Programme. This transaction, executed through J.P. Morgan Securities plc, is part of a larger initiative to repurchase up to £350 million of shares, reflecting the company’s strategy to enhance shareholder value. The purchased shares will be canceled, impacting the total voting rights and share count, which now stands at 159,891,740.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 23, 2025

Intertek Group PLC, a company involved in testing, inspection, and certification services, has announced a significant transaction involving the repurchase of its ordinary shares. The company has bought back 51,526 shares as part of its ongoing Share Buyback Programme, which aims to repurchase up to £350 million of ordinary shares. This move is expected to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares. Following this transaction, Intertek has no shares held in treasury, and the total voting rights stand at 159,908,699.

Stock BuybackBusiness Operations and Strategy
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 22, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 34,252 of its ordinary shares as part of a previously announced program to repurchase up to £350 million worth of shares. This move, conducted through J.P. Morgan Securities plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening its market position.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Programme
Positive
Apr 17, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 126,142 of its ordinary shares at a volume-weighted average price of 4,516.1390 pence per share. This transaction is part of the company’s broader Share Buyback Programme, which aims to repurchase up to £350 million of shares, enhancing shareholder value by reducing the number of shares in circulation and potentially increasing earnings per share.

Other
Intertek Director Acquires Shares, Signaling Confidence in Company
Positive
Apr 16, 2025

Intertek Group PLC announced that Robin Freestone, a Non-Executive Director and Person Discharging Managerial Responsibilities (PDMR), acquired a total of 4,410 ordinary shares in the company on April 15 and 16, 2025. This transaction, conducted on the London Stock Exchange, reflects the director’s confidence in the company’s prospects and may positively influence stakeholder perception and market positioning.

Stock BuybackBusiness Operations and Strategy
Intertek Advances Share Buyback Programme with Recent Share Purchase
Positive
Apr 16, 2025

Intertek Group PLC has announced the purchase of 35,321 of its ordinary shares as part of its ongoing Share Buyback Programme, which was initially announced on 24 March 2025. The shares were acquired at a volume-weighted average price of 4,534.5494 pence per share. This transaction is part of a larger initiative to repurchase up to £350 million worth of shares, with the company having already purchased 1,272,508 shares for a total of £59,383,937.70. The purchased shares will be canceled, impacting the total voting rights and share capital structure, which now stands at 160,120,619 ordinary shares in issue. This strategic move is likely to enhance shareholder value and optimize the company’s capital structure.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Program
Positive
Apr 14, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 78,245 of its ordinary shares at an average price of 4,358.6503 pence per share. This move is part of a broader £350 million share buyback program initiated on 24 March 2025, aimed at optimizing the company’s capital structure by reducing the number of shares in circulation, thereby potentially increasing shareholder value. Following this transaction, Intertek has no shares held in treasury, with a total of 160,155,940 shares in issue, which will affect the total voting rights available to shareholders.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 10, 2025

Intertek Group PLC has executed a share buyback, purchasing 120,481 of its ordinary shares at a volume-weighted average price of 4,129.5476 pence per share. This transaction is part of a larger buyback program valued at up to £350 million, which aims to enhance shareholder value by reducing the number of shares in circulation, thereby increasing the value of remaining shares.

Stock Buyback
Intertek Executes Share Buyback as Part of £350 Million Programme
Neutral
Apr 9, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 65 of its ordinary shares at a price of 4,176 pence each, as part of its ongoing Share Buyback Programme initiated on 24 March 2025. This transaction is part of a broader plan to repurchase up to £350 million of shares, with the company having already acquired 1,038,461 shares for a total of £49,396,543.33. The cancellation of these shares will adjust the total voting rights to 160,354,666, impacting shareholder calculations under the FCA’s rules.

Stock Buyback
Intertek Completes Share Buyback as Part of £350 Million Programme
Neutral
Apr 8, 2025

Intertek Group PLC, a company involved in quality assurance services, has completed a share buyback transaction, purchasing 226,703 of its ordinary shares through J.P. Morgan Securities plc. This action is part of a larger Share Buyback Programme announced in March 2025, aiming to repurchase up to £350 million of shares. The purchased shares will be canceled, reducing the total number of shares in issue to 160,354,731, which affects the total voting rights and could impact shareholder interests.

Stock Buyback
Intertek Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 7, 2025

Intertek Group PLC has executed a share buyback transaction, purchasing 158,168 of its ordinary shares as part of its ongoing Share Buyback Programme. This move, which is in line with shareholder authority granted at the 2024 Annual General Meeting, aims to cancel the purchased shares, thereby potentially enhancing shareholder value by reducing the number of shares in circulation. The company has so far repurchased 811,693 shares for a total of £39.6 million since the programme’s announcement on 24 March 2025, reflecting its commitment to returning capital to shareholders.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 28, 2025