Integer Holdings Corporation (NYSE:ITGR) Director Pamela G. Bailey sold 5,590 shares of Integer Holdings Corporation stock in a transaction on Friday, November 17th. The shares were sold at an average price of $47.01, for a total transaction of $262,785.90. Following the completion of the sale, the director now owns 41,907 shares of the company’s stock, valued at approximately $1,970,048.07. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Shares of Integer Holdings Corporation (NYSE:ITGR) opened at $47.45 on Tuesday. The company has a market cap of $1,501.15, a price-to-earnings ratio of 17.43, a price-to-earnings-growth ratio of 1.21 and a beta of 1.09. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.37 and a current ratio of 2.58. Integer Holdings Corporation has a one year low of $26.50 and a one year high of $55.20.
Integer Holdings Corporation (NYSE:ITGR) last announced its quarterly earnings results on Thursday, October 26th. The medical equipment provider reported $0.82 EPS for the quarter, beating the Zacks’ consensus estimate of $0.78 by $0.04. The business had revenue of $363.31 million during the quarter, compared to analyst estimates of $354.83 million. Integer Holdings Corporation had a net margin of 1.42% and a return on equity of 11.22%. Integer Holdings Corporation’s quarterly revenue was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.83 EPS. equities research analysts forecast that Integer Holdings Corporation will post 2.62 earnings per share for the current fiscal year.
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A number of brokerages have commented on ITGR. Northcoast Research lowered shares of Integer Holdings Corporation from a “buy” rating to a “neutral” rating in a research note on Monday, October 23rd. They noted that the move was a valuation call. TheStreet upgraded shares of Integer Holdings Corporation from a “c+” rating to a “b-” rating in a research note on Wednesday, October 18th. KeyCorp restated an “overweight” rating and set a $62.00 price target (up previously from $51.00) on shares of Integer Holdings Corporation in a research note on Monday, September 18th. Royal Bank Of Canada restated a “hold” rating and set a $40.00 price target on shares of Integer Holdings Corporation in a research note on Friday, September 22nd. Finally, Zacks Investment Research upgraded shares of Integer Holdings Corporation from a “sell” rating to a “hold” rating in a research note on Monday, August 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company. Integer Holdings Corporation currently has a consensus rating of “Hold” and an average price target of $51.00.
A number of institutional investors and hedge funds have recently bought and sold shares of the business. GSA Capital Partners LLP boosted its holdings in Integer Holdings Corporation by 83.8% during the 3rd quarter. GSA Capital Partners LLP now owns 42,250 shares of the medical equipment provider’s stock worth $2,161,000 after acquiring an additional 19,260 shares during the last quarter. Algert Global LLC boosted its holdings in Integer Holdings Corporation by 22.2% during the 3rd quarter. Algert Global LLC now owns 50,618 shares of the medical equipment provider’s stock worth $2,589,000 after acquiring an additional 9,181 shares during the last quarter. California Public Employees Retirement System boosted its holdings in Integer Holdings Corporation by 13.5% during the 3rd quarter. California Public Employees Retirement System now owns 105,191 shares of the medical equipment provider’s stock worth $5,381,000 after acquiring an additional 12,491 shares during the last quarter. Point72 Asset Management L.P. boosted its holdings in Integer Holdings Corporation by 83.8% during the 3rd quarter. Point72 Asset Management L.P. now owns 367,600 shares of the medical equipment provider’s stock worth $18,803,000 after acquiring an additional 167,600 shares during the last quarter. Finally, Highbridge Capital Management LLC purchased a new position in Integer Holdings Corporation during the 3rd quarter worth $668,000. 94.32% of the stock is currently owned by hedge funds and other institutional investors.
Integer Holdings Corporation 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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