Shares of Integer Holdings Co. (NASDAQ:ITGR) have earned a consensus recommendation of “Hold” from the six brokerages that are covering the firm. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $55.67.
A number of research analysts recently issued reports on the company. Zacks Investment Research downgraded Integer Holdings from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 2nd. TheStreet downgraded Integer Holdings from a “hold” rating to a “sell” rating in a report on Friday, July 1st.
Shares of Integer Holdings (NASDAQ:ITGR) opened at 19.73 on Friday. The stock has a 50 day moving average price of $22.27 and a 200 day moving average price of $28.80. The stock’s market capitalization is $607.70 million. Integer Holdings has a 52 week low of $19.65 and a 52 week high of $61.06.
Integer Holdings (NASDAQ:ITGR) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.56 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.70 by $0.14. The firm earned $348.38 million during the quarter, compared to analysts’ expectations of $356.72 million. The company’s revenue for the quarter was up 99.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 EPS. On average, equities research analysts expect that Integer Holdings will post $2.60 EPS for the current year.
A number of hedge funds have recently bought and sold shares of ITGR. Fisher Asset Management LLC boosted its stake in Integer Holdings by 4.1% in the third quarter. Fisher Asset Management LLC now owns 1,384,517 shares of the company’s stock valued at $30,030,000 after buying an additional 54,697 shares during the last quarter. State Street Corp purchased a new stake in Integer Holdings during the second quarter valued at $18,397,000. William Blair Investment Management LLC purchased a new stake in Integer Holdings during the second quarter valued at $14,714,000. Marshall Wace LLP purchased a new stake in Integer Holdings during the second quarter valued at $7,669,000. Finally, New York State Teachers Retirement System purchased a new stake in Integer Holdings during the second quarter valued at $2,499,000.