Integer Holdings Co. (NYSE:ITGR) has been given a consensus recommendation of “Hold” by the seven brokerages that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $62.00.
Several research firms have weighed in on ITGR. TheStreet upgraded Integer from a “c+” rating to a “b-” rating in a research note on Wednesday, October 18th. Zacks Investment Research upgraded Integer from a “sell” rating to a “hold” rating in a research note on Monday, August 21st. BidaskClub cut Integer from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 28th. KeyCorp restated an “overweight” rating and set a $62.00 target price (up from $51.00) on shares of Integer in a research note on Monday, September 18th. Finally, Royal Bank of Canada restated a “hold” rating and set a $40.00 target price on shares of Integer in a research note on Friday, September 22nd.
In related news, Director William B. Summers, Jr. sold 13,996 shares of the stock in a transaction on Monday, November 27th. The stock was sold at an average price of $49.07, for a total value of $686,783.72. Following the completion of the sale, the director now directly owns 46,179 shares in the company, valued at $2,266,003.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jennifer M. Bolt sold 7,626 shares of the stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $48.22, for a total value of $367,725.72. Following the completion of the sale, the insider now owns 12,735 shares of the company’s stock, valued at $614,081.70. The disclosure for this sale can be found here. Insiders sold a total of 53,835 shares of company stock valued at $2,557,378 over the last quarter. 4.80% of the stock is owned by corporate insiders.
Integer (ITGR) traded up $0.25 during midday trading on Friday, reaching $45.85. The company’s stock had a trading volume of 188,700 shares, compared to its average volume of 187,737. The company has a quick ratio of 1.37, a current ratio of 2.58 and a debt-to-equity ratio of 1.95. Integer has a 12-month low of $29.00 and a 12-month high of $55.20. The company has a market capitalization of $1,444.14, a PE ratio of 16.76, a PEG ratio of 1.16 and a beta of 1.07.
Integer (NYSE:ITGR) last released its earnings results on Thursday, October 26th. The medical equipment provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.04. Integer had a return on equity of 11.22% and a net margin of 1.42%. The firm had revenue of $363.31 million during the quarter, compared to analysts’ expectations of $354.83 million. During the same period in the prior year, the company earned $0.83 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. equities research analysts expect that Integer will post 2.62 earnings per share for the current year.
ILLEGAL ACTIVITY NOTICE: “Brokerages Set Integer Holdings Co. (ITGR) PT at $62.00” was reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this news story on another website, it was illegally stolen and republished in violation of US & international trademark & copyright laws. The legal version of this news story can be accessed at https://sportsperspectives.com/2017/12/12/brokerages-set-integer-holdings-co-itgr-pt-at-62-00.html.
Integer 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.
Receive News & Ratings for Integer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Integer and related companies with MarketBeat.com's FREE daily email newsletter.