Integer Holdings Co. (NYSE:ITGR)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $55.45 and last traded at $55.50, with a volume of 148224 shares changing hands. The stock had previously closed at $53.80.

Several equities analysts have commented on ITGR shares. ValuEngine raised shares of Integer from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Zacks Investment Research lowered shares of Integer from a “hold” rating to a “sell” rating in a report on Friday, February 16th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $51.00.

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The stock has a market cap of $1,716.25, a price-to-earnings ratio of 27.28, a PEG ratio of 1.09 and a beta of 0.99. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.46 and a current ratio of 2.55.

Integer (NYSE:ITGR) last announced its quarterly earnings results on Thursday, February 22nd. The medical equipment provider reported $0.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.17. The company had revenue of $390.50 million for the quarter, compared to analyst estimates of $358.42 million. Integer had a net margin of 4.56% and a return on equity of 11.13%. The firm’s revenue was up 8.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.87 EPS. analysts forecast that Integer Holdings Co. will post 3.3 EPS for the current fiscal year.

In related news, CFO Gary J. Haire sold 731 shares of Integer stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $44.89, for a total transaction of $32,814.59. Following the sale, the chief financial officer now directly owns 1,911 shares in the company, valued at approximately $85,784.79. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Declan Smyth sold 1,112 shares of Integer stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $44.89, for a total transaction of $49,917.68. Following the sale, the insider now owns 11,656 shares in the company, valued at $523,237.84. The disclosure for this sale can be found here. Insiders have sold a total of 14,064 shares of company stock worth $631,333 over the last ninety days. 4.80% of the stock is currently owned by insiders.

A number of large investors have recently bought and sold shares of ITGR. American Century Companies Inc. acquired a new position in shares of Integer in the 3rd quarter worth approximately $3,788,000. Cornerstone Capital Management Holdings LLC. lifted its position in shares of Integer by 105.5% in the 3rd quarter. Cornerstone Capital Management Holdings LLC. now owns 70,900 shares of the medical equipment provider’s stock worth $3,626,000 after purchasing an additional 36,400 shares during the period. Crossmark Global Holdings Inc. acquired a new position in shares of Integer in the 3rd quarter worth approximately $561,000. Ameriprise Financial Inc. lifted its position in shares of Integer by 27.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 295,270 shares of the medical equipment provider’s stock worth $15,102,000 after purchasing an additional 64,333 shares during the period. Finally, Schwab Charles Investment Management Inc. lifted its position in shares of Integer by 16.2% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 149,670 shares of the medical equipment provider’s stock worth $7,656,000 after purchasing an additional 20,878 shares during the period. Institutional investors and hedge funds own 95.76% of the company’s stock.

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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.

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