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Integer (ITGR) Stock Price, News & Analysis

Integer logo
$133.67 +0.78 (+0.59%)
(As of 12/20/2024 05:16 PM ET)

About Integer Stock (NYSE:ITGR)

Key Stats

Today's Range
$131.92
$135.54
50-Day Range
$124.25
$141.09
52-Week Range
$94.56
$142.76
Volume
402,042 shs
Average Volume
301,893 shs
Market Capitalization
$4.48 billion
P/E Ratio
41.26
Dividend Yield
N/A
Price Target
$145.44
Consensus Rating
Moderate Buy

Company Overview

Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through two segments, Medical and Non-Medical. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures. It also provides cardiac rhythm management products, including implantable pacemakers, implantable cardioverter defibrillators, insertable cardiac monitors, implantable cardiac pacing and defibrillation leads, and heart failure therapies; neuromodulation products, such as implantable spinal cord stimulators; and non-rechargeable batteries, feedthroughs, device enclosures, machined components, and lead components and sub-assemblies. In addition, the company offers rechargeable batteries and chargers; and arthroscopic, laparoscopic, and general surgery devices and components, such as harmonic scalpels, shaver blades, burr shavers, radio frequency probes, biopsy probes, trocars, electrocautery components, wound dressings, GERD treatment components, and phacoemulsification needles. Further, it provides orthopedic products that include instruments used in hip, knee, and spine surgeries, as well as reamers and chisels. Additionally, the company offers customized battery power and power management systems, and battery solutions for the energy, military, and environmental markets. Furthermore, the company provides medical technologies. It serves multi-national original equipment manufacturers and their affiliated subsidiaries in the cardiac rhythm management, neuromodulation, orthopedics, vascular, and advanced surgical and portable medical markets. Integer Holdings Corporation was founded in 1970 and is headquartered in Plano, Texas.

Integer Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
57th Percentile Overall Score

ITGR MarketRank™: 

Integer scored higher than 57% of companies evaluated by MarketBeat, and ranked 460th out of 944 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Integer has received a consensus rating of Moderate Buy. The company's average rating score is 2.89, and is based on 8 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Integer has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Integer's stock forecast and price target.
  • Earnings Growth

    Earnings for Integer are expected to grow by 12.76% in the coming year, from $5.33 to $6.01 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Integer is 41.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.29.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Integer is 41.26, which means that it is trading at a less expensive P/E ratio than the Medical sector average P/E ratio of about 89.58.

  • Price to Earnings Growth Ratio

    Integer has a PEG Ratio of 2.02. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Integer has a P/B Ratio of 2.93. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    6.50% of the float of Integer has been sold short.
  • Short Interest Ratio / Days to Cover

    Integer has a short interest ratio ("days to cover") of 8.
  • Change versus previous month

    Short interest in Integer has recently decreased by 9.05%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Integer does not currently pay a dividend.

  • Dividend Growth

    Integer does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.50% of the float of Integer has been sold short.
  • Short Interest Ratio / Days to Cover

    Integer has a short interest ratio ("days to cover") of 8.
  • Change versus previous month

    Short interest in Integer has recently decreased by 9.05%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Integer has a news sentiment score of 1.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Medical companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Integer this week, compared to 5 articles on an average week.
  • MarketBeat Follows

    Only 2 people have added Integer to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Integer insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.00% of the stock of Integer is held by insiders.

  • Percentage Held by Institutions

    99.29% of the stock of Integer is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Integer's insider trading history.
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ITGR Stock News Headlines

Truist Financial Remains a Buy on Integer Holdings (ITGR)
Integer price target raised to $145 from $130 at Citi
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Integer price target raised to $163 from $147 at Truist
See More Headlines

ITGR Stock Analysis - Frequently Asked Questions

Integer's stock was trading at $99.08 at the beginning of 2024. Since then, ITGR shares have increased by 34.9% and is now trading at $133.67.
View the best growth stocks for 2024 here
.

Integer Holdings Co. (NYSE:ITGR) announced its earnings results on Thursday, October, 24th. The medical equipment provider reported $1.43 EPS for the quarter, topping the consensus estimate of $1.36 by $0.07. Integer's quarterly revenue was up 8.7% on a year-over-year basis.

Integer's top institutional shareholders include Geode Capital Management LLC (2.28%), Victory Capital Management Inc. (1.87%), Loomis Sayles & Co. L P (1.60%) and Congress Asset Management Co. (1.46%). Insiders that own company stock include Joseph W Dziedzic, Donald J Spence, James F Hinrichs, John A Harris, Andrew Senn, Carter Houghton, Tommy P Thomas and Jean M Hobby.
View institutional ownership trends
.

Shares of ITGR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Integer investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
10/24/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Electromedical equipment
Sub-Industry
Health Care Equipment
Previous Symbol
NASDAQ:ITGR
CUSIP
39153L10
Employees
10,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$145.44
High Stock Price Target
$163.00
Low Stock Price Target
$135.00
Potential Upside/Downside
+8.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.89
Research Coverage
9 Analysts

Profitability

Net Income
$90.65 million
Pretax Margin
8.04%

Debt

Sales & Book Value

Annual Sales
$1.71 billion
Cash Flow
$7.55 per share
Book Value
$45.58 per share

Miscellaneous

Free Float
32,871,000
Market Cap
$4.48 billion
Optionable
Optionable
Beta
1.12

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This page (NYSE:ITGR) was last updated on 12/21/2024 by MarketBeat.com Staff
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