Integer Holdings Co. (ITGR) Shares Down 3%
Shares of Integer Holdings Co. (NASDAQ:ITGR) were down 3% on Wednesday . The stock traded as low as $22.65 and last traded at $22.82, with a volume of 78,899 shares changing hands. The stock had previously closed at $23.52.
Several analysts have weighed in on ITGR shares. TheStreet cut Integer Holdings from a “hold” rating to a “sell” rating in a research report on Friday, July 1st. Zacks Investment Research raised Integer Holdings from a “sell” rating to a “hold” rating in a research report on Thursday, May 19th. Finally, Sterne Agee CRT reaffirmed a “buy” rating on shares of Integer Holdings in a research report on Monday, May 16th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. Integer Holdings presently has an average rating of “Hold” and a consensus price target of $57.00.
The stock’s 50-day moving average is $0.00 and its 200-day moving average is $0.00. The firm’s market capitalization is $679.16 million.
Integer Holdings (NASDAQ:ITGR) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.70 by $0.14. The business had revenue of $348.38 million for the quarter, compared to analyst estimates of $356.72 million. The company’s revenue was up 99.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.73 earnings per share. Equities research analysts predict that Integer Holdings Co. will post $2.64 EPS for the current fiscal year.
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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