Shares of Integer Holdings Co. (NASDAQ:ITGR) have earned a consensus recommendation of “Hold” from the six analysts that are currently covering the stock. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $55.67.
Several equities analysts recently issued reports on ITGR shares. TheStreet downgraded shares of Integer Holdings from a “hold” rating to a “sell” rating in a research note on Friday, July 1st. Zacks Investment Research downgraded shares of Integer Holdings from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 2nd.
Several large investors have recently added to or reduced their stakes in ITGR. Nisa Investment Advisors LLC raised its stake in Integer Holdings by 12.2% in the third quarter. Nisa Investment Advisors LLC now owns 37,600 shares of the company’s stock valued at $816,000 after buying an additional 4,100 shares during the last quarter. Fisher Asset Management LLC raised its stake in Integer Holdings by 4.1% in the third quarter. Fisher Asset Management LLC now owns 1,384,517 shares of the company’s stock valued at $30,030,000 after buying an additional 54,697 shares during the last quarter. First Mercantile Trust Co. acquired a new stake in Integer Holdings during the third quarter valued at about $264,000. BNP Paribas Arbitrage SA acquired a new stake in Integer Holdings during the third quarter valued at about $110,000. Finally, Panagora Asset Management Inc. acquired a new stake in Integer Holdings during the second quarter valued at about $1,064,000.
Integer Holdings (NASDAQ:ITGR) traded down 1.73% during midday trading on Friday, hitting $19.85. 84,315 shares of the stock traded hands. The company’s 50-day moving average is $22.36 and its 200-day moving average is $28.90. Integer Holdings has a one year low of $19.65 and a one year high of $61.06. The company’s market cap is $611.40 million.
Integer Holdings (NASDAQ:ITGR) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.14. The company had revenue of $348.38 million for the quarter, compared to analyst estimates of $356.72 million. The business’s revenue for the quarter was up 99.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 earnings per share. Equities research analysts expect that Integer Holdings will post $2.60 EPS for the current fiscal year.
Integer Holdings Company Profile
Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.
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