Integer Holdings Co. (NYSE:ITGR) Receives Consensus Rating of “Moderate Buy” from Analysts
Shares of Integer Holdings Co. (NYSE:ITGR – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $93.83.
Separately, StockNews.com initiated coverage on shares of Integer in a report on Thursday, October 5th. They issued a “hold” rating on the stock.
Get Our Latest Stock Analysis on Integer
Institutional Investors Weigh In On Integer
Institutional investors have recently made changes to their positions in the company. Fuller & Thaler Asset Management Inc. grew its holdings in Integer by 497.0% during the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 536,343 shares of the medical equipment provider’s stock valued at $42,065,000 after purchasing an additional 446,508 shares during the last quarter. Norges Bank bought a new position in shares of Integer during the fourth quarter valued at approximately $19,491,000. Victory Capital Management Inc. raised its holdings in shares of Integer by 27.8% in the fourth quarter. Victory Capital Management Inc. now owns 1,154,833 shares of the medical equipment provider’s stock worth $79,060,000 after buying an additional 251,207 shares during the period. Rockefeller Capital Management L.P. raised its holdings in shares of Integer by 1,226.1% in the first quarter. Rockefeller Capital Management L.P. now owns 223,876 shares of the medical equipment provider’s stock worth $17,350,000 after buying an additional 206,994 shares during the period. Finally, Cooke & Bieler LP lifted its stake in shares of Integer by 84.0% during the 2nd quarter. Cooke & Bieler LP now owns 386,920 shares of the medical equipment provider’s stock worth $34,285,000 after acquiring an additional 176,590 shares during the last quarter. Institutional investors own 99.29% of the company’s stock.
Integer Trading Up 1.8 %
Shares of Integer stock opened at $94.29 on Wednesday. Integer has a twelve month low of $61.85 and a twelve month high of $96.54. The company has a quick ratio of 1.86, a current ratio of 3.00 and a debt-to-equity ratio of 0.65. The business has a 50-day moving average price of $83.43 and a 200-day moving average price of $84.20. The firm has a market cap of $3.14 billion, a price-to-earnings ratio of 38.49, a PEG ratio of 1.23 and a beta of 1.08.
Integer (NYSE:ITGR – Get Free Report) last released its quarterly earnings results on Thursday, October 26th. The medical equipment provider reported $1.27 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.22. The business had revenue of $404.69 million during the quarter, compared to analysts’ expectations of $376.70 million. Integer had a return on equity of 10.27% and a net margin of 5.30%. The firm’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.95 EPS. Equities research analysts anticipate that Integer will post 4.6 EPS for the current fiscal year.
About Integer (Get Free Report
Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through Medical and Non-Medical segments. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, urology, and gastroenterology procedures.
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