Integer Holdings Corporation (NYSE:ITGR) Receives $98.71 Consensus Price Target from Analysts

Integer Holdings Corporation (NYSE:ITGRGet Free Report) has received a consensus recommendation of “Hold” from the eleven brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $98.7143.

ITGR has been the topic of a number of research analyst reports. Wells Fargo & Company increased their price target on Integer from $72.00 to $84.00 and gave the stock an “equal weight” rating in a research report on Friday, February 20th. Citigroup increased their price objective on Integer from $89.00 to $92.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th. Truist Financial increased their price objective on Integer from $95.00 to $97.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Weiss Ratings upgraded Integer from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, February 24th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $97.00 price objective (up from $87.00) on shares of Integer in a research report on Friday, May 1st.

Get Our Latest Stock Analysis on Integer

Integer Stock Up 2.1%

NYSE ITGR opened at $93.85 on Friday. The firm has a market cap of $3.19 billion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 2.19 and a beta of 0.66. Integer has a one year low of $62.00 and a one year high of $123.78. The stock’s 50 day simple moving average is $88.15 and its 200 day simple moving average is $83.76. The company has a debt-to-equity ratio of 0.77, a current ratio of 3.75 and a quick ratio of 2.38.

Integer (NYSE:ITGRGet Free Report) last released its quarterly earnings results on Thursday, April 30th. The medical equipment provider reported $1.20 EPS for the quarter, missing analysts’ consensus estimates of $1.21 by ($0.01). The business had revenue of $439.58 million for the quarter, compared to the consensus estimate of $426.48 million. Integer had a return on equity of 12.83% and a net margin of 7.64%.The firm’s revenue was up .5% on a year-over-year basis. During the same quarter last year, the company earned $1.31 earnings per share. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. As a group, sell-side analysts forecast that Integer will post 6.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Integer news, VP Tommy P. Thomas sold 825 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $85.00, for a total value of $70,125.00. Following the transaction, the vice president directly owned 4,381 shares in the company, valued at approximately $372,385. This trade represents a 15.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.10% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of ITGR. Tudor Investment Corp ET AL boosted its position in Integer by 50,787.5% in the 3rd quarter. Tudor Investment Corp ET AL now owns 29,500,000 shares of the medical equipment provider’s stock valued at $28,606,000 after buying an additional 29,442,029 shares during the last quarter. Irenic Capital Management LP acquired a new position in shares of Integer in the 4th quarter valued at $99,109,000. Alliancebernstein L.P. lifted its stake in shares of Integer by 885.1% in the 2nd quarter. Alliancebernstein L.P. now owns 1,106,091 shares of the medical equipment provider’s stock valued at $136,016,000 after purchasing an additional 993,810 shares during the period. Healthcare of Ontario Pension Plan Trust Fund lifted its stake in shares of Integer by 1,141.6% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 819,046 shares of the medical equipment provider’s stock valued at $72,076,000 after purchasing an additional 753,081 shares during the period. Finally, Millennium Management LLC lifted its stake in shares of Integer by 3,350.2% in the 4th quarter. Millennium Management LLC now owns 677,108 shares of the medical equipment provider’s stock valued at $53,106,000 after purchasing an additional 657,483 shares during the period. 99.29% of the stock is currently owned by institutional investors.

About Integer

(Get Free Report)

Integer Holdings Corporation (NYSE: ITGR) is a global provider of outsourced medical device design, development and manufacturing solutions. The company partners with leading medical technology firms to deliver complex components, subsystems and finished devices across a range of therapeutic areas. Its services encompass concept and product design, precision machining, microelectronic assembly, terminal sterilization and regulatory support, enabling customers to accelerate time to market and optimize product performance.

Integer’s product portfolio is organized into two core segments: Advanced Delivery and MedTech.

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Analyst Recommendations for Integer (NYSE:ITGR)

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