Integer Holdings Corporation (NYSE:ITGR) Given Average Recommendation of “Hold” by Analysts

Shares of Integer Holdings Corporation (NYSE:ITGR) have been given a consensus rating of “Hold” by the eleven analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $98.2857.

ITGR has been the topic of several research analyst reports. Wall Street Zen lowered Integer from a “buy” rating to a “hold” rating in a research report on Sunday, January 25th. Wells Fargo & Company upped their target price on Integer from $72.00 to $84.00 and gave the company an “equal weight” rating in a research report on Friday, February 20th. Piper Sandler restated an “overweight” rating and set a $97.00 target price (up from $87.00) on shares of Integer in a research report on Friday, May 1st. Truist Financial raised their price objective on shares of Integer from $95.00 to $97.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Zacks Research downgraded shares of Integer from a “hold” rating to a “strong sell” rating in a research report on Monday, May 11th.

Integer Trading Down 1.9%

NYSE ITGR opened at $88.15 on Monday. The business’s 50-day moving average price is $86.23 and its two-hundred day moving average price is $80.91. Integer has a 12 month low of $62.00 and a 12 month high of $123.78. The firm has a market capitalization of $2.99 billion, a PE ratio of 21.98, a price-to-earnings-growth ratio of 2.12 and a beta of 0.67. The company has a current ratio of 3.75, a quick ratio of 2.38 and a debt-to-equity ratio of 0.77.

Integer (NYSE:ITGR) 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). Integer had a net margin of 7.64% and a return on equity of 12.83%. The company had revenue of $439.58 million during the quarter, compared to the consensus estimate of $426.48 million. During the same quarter last year, the firm posted $1.31 EPS. The company’s quarterly revenue was up .5% on a year-over-year basis. Integer has set its FY 2026 guidance at 5.830-6.400 EPS. On average, analysts expect that Integer will post 6.11 EPS for the current year.

Insider Buying and Selling at Integer

In other news, VP Tommy P. Thomas sold 825 shares of the stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $85.00, for a total transaction of $70,125.00. Following the transaction, the vice president owned 4,381 shares of the company’s stock, valued at $372,385. This represents a 15.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Integer

Several hedge funds and other institutional investors have recently modified their holdings of ITGR. Tudor Investment Corp ET AL increased its holdings in shares of Integer by 50,787.5% during the third 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 acquiring an additional 29,442,029 shares in the last quarter. Irenic Capital Management LP bought a new stake in shares of Integer during the fourth quarter valued at approximately $99,109,000. Alliancebernstein L.P. increased its holdings in shares of Integer by 885.1% during the second quarter. Alliancebernstein L.P. now owns 1,106,091 shares of the medical equipment provider’s stock valued at $136,016,000 after acquiring an additional 993,810 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its holdings in shares of Integer by 1,141.6% during the first 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 acquiring an additional 753,081 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in shares of Integer by 3,350.2% during the fourth quarter. Millennium Management LLC now owns 677,108 shares of the medical equipment provider’s stock valued at $53,106,000 after acquiring an additional 657,483 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

About Integer

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.