Brokerages expect Integer Holdings Co. (NYSE:ITGR) to post earnings per share of $0.77 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Integer’s earnings. The highest EPS estimate is $0.81 and the lowest is $0.69. Integer posted earnings per share of $0.87 during the same quarter last year, which suggests a negative year-over-year growth rate of 11.5%. The company is expected to announce its next earnings results on Monday, February 26th.

According to Zacks, analysts expect that Integer will report full-year earnings of $2.62 per share for the current fiscal year, with EPS estimates ranging from $2.55 to $2.65. For the next year, analysts anticipate that the firm will post earnings of $3.18 per share, with EPS estimates ranging from $2.87 to $3.45. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Integer.

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, beating analysts’ consensus estimates of $0.78 by $0.04. Integer had a net margin of 1.42% and a return on equity of 11.22%. The company had revenue of $363.31 million for the quarter, compared to analysts’ expectations of $354.83 million. During the same quarter in the previous year, the company earned $0.83 EPS. Integer’s revenue for the quarter was up 4.8% on a year-over-year basis.

ITGR has been the topic of several research analyst reports. Zacks Investment Research cut shares of Integer from a “buy” rating to a “hold” rating in a research note on Tuesday. BidaskClub upgraded shares of Integer from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. Royal Bank of Canada reiterated a “neutral” rating on shares of Integer in a research note on Friday, October 27th. ValuEngine upgraded shares of Integer from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, TheStreet upgraded shares of Integer from a “c+” rating to a “b-” rating in a research note on Wednesday, October 18th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Integer has a consensus rating of “Hold” and an average price target of $51.00.

Integer (ITGR) traded up $0.70 on Friday, hitting $49.75. 78,500 shares of the company were exchanged, compared to its average volume of 135,250. 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 has a 52 week low of $29.90 and a 52 week high of $55.20. The stock has a market cap of $1,553.41, a PE ratio of 78.97, a price-to-earnings-growth ratio of 1.03 and a beta of 1.08.

In related news, COO Jeremy Friedman sold 8,163 shares of the company’s stock in a transaction dated Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total transaction of $366,437.07. Following the transaction, the chief operating officer now directly owns 17,673 shares in the company, valued at approximately $793,340.97. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Thomas J. Mazza sold 23,123 shares of the company’s stock in a transaction dated Thursday, November 9th. The shares were sold at an average price of $46.16, for a total transaction of $1,067,357.68. Following the transaction, the vice president now owns 26,123 shares in the company, valued at $1,205,837.68. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,625 shares of company stock worth $4,694,219. Insiders own 4.80% of the company’s stock.

Large investors have recently modified their holdings of the stock. UBS Asset Management Americas Inc. grew its stake in Integer by 0.5% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 18,967 shares of the medical equipment provider’s stock worth $820,000 after acquiring an additional 98 shares in the last quarter. TIAA CREF Investment Management LLC grew its stake in Integer by 0.6% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 123,410 shares of the medical equipment provider’s stock worth $5,337,000 after acquiring an additional 740 shares in the last quarter. Strs Ohio grew its stake in Integer by 5.3% in the 4th quarter. Strs Ohio now owns 21,900 shares of the medical equipment provider’s stock worth $992,000 after acquiring an additional 1,100 shares in the last quarter. Quantbot Technologies LP grew its stake in Integer by 21.5% in the 3rd quarter. Quantbot Technologies LP now owns 6,255 shares of the medical equipment provider’s stock worth $319,000 after acquiring an additional 1,107 shares in the last quarter. Finally, Rhumbline Advisers grew its stake in Integer by 2.0% in the 3rd quarter. Rhumbline Advisers now owns 61,908 shares of the medical equipment provider’s stock worth $3,167,000 after acquiring an additional 1,235 shares in the last quarter. Institutional investors own 95.11% of the company’s stock.

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About Integer

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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