Shares of Integer Holdings Co. (NASDAQ:ITGR) have received a consensus rating of “Hold” from the six brokerages that are covering the stock. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $55.67.
Separately, Zacks Investment Research cut shares of Integer Holdings from a “hold” rating to a “strong sell” rating in a research note on Tuesday, August 2nd.
Integer Holdings (NASDAQ:ITGR) opened at 28.20 on Wednesday. The company’s market cap is $870.08 million. Integer Holdings has a one year low of $18.10 and a one year high of $61.06. The stock has a 50 day moving average price of $22.45 and a 200 day moving average price of $26.29.
Integer Holdings (NASDAQ:ITGR) last issued its quarterly earnings data on Thursday, October 27th. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.04. The business earned $346.57 million during the quarter, compared to the consensus estimate of $347.92 million. During the same period in the prior year, the firm earned $0.58 EPS. The business’s revenue for the quarter was up 136.3% compared to the same quarter last year. On average, equities analysts anticipate that Integer Holdings will post $2.63 EPS for the current fiscal year.
In other news, Director Martin C. Maxwell bought 4,700 shares of the company’s stock in a transaction that occurred on Tuesday, November 1st. The shares were acquired at an average price of $21.55 per share, for a total transaction of $101,285.00. Following the completion of the acquisition, the director now directly owns 7,418 shares in the company, valued at $159,857.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
A number of institutional investors have recently added to or reduced their stakes in ITGR. BNP Paribas Arbitrage SA purchased a new position in Integer Holdings during the third quarter valued at about $110,000. Bank of Montreal Can bought a new position in shares of Integer Holdings during the third quarter valued at $116,000. Municipal Employees Retirement System of Michigan bought a new position in shares of Integer Holdings during the third quarter valued at $121,000. Emerald Acquisition Ltd. bought a new position in shares of Integer Holdings during the third quarter valued at $148,000. Finally, BlackRock Inc. bought a new position in shares of Integer Holdings during the third quarter valued at $165,000.