Integer Holdings (ITGR) Earns Daily Coverage Optimism Rating of 0.12
News headlines about Integer Holdings (NASDAQ:ITGR) have trended somewhat positive on Saturday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Integer Holdings earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media stories about the medical equipment provider an impact score of 47.153357648118 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Integer Holdings (NASDAQ:ITGR) traded up 1.70% during trading on Friday, hitting $44.90. 272,482 shares of the company were exchanged. The firm’s 50-day moving average price is $44.30 and its 200 day moving average price is $39.56. The firm has a market capitalization of $1.42 billion, a PE ratio of 77.15 and a beta of 1.30. Integer Holdings has a 12 month low of $18.10 and a 12 month high of $47.09.
Integer Holdings (NASDAQ:ITGR) last announced its quarterly earnings results on Thursday, July 27th. The medical equipment provider reported $0.62 earnings per share for the quarter, missing the consensus estimate of $0.73 by $0.11. The firm had revenue of $363 million for the quarter, compared to analysts’ expectations of $353.68 million. The company’s revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.56 earnings per share. On average, equities research analysts expect that Integer Holdings will post $2.76 earnings per share for the current fiscal year.
A number of brokerages recently weighed in on ITGR. Royal Bank Of Canada restated a “hold” rating and set a $35.00 target price on shares of Integer Holdings in a research report on Friday, April 21st. Zacks Investment Research upgraded shares of Integer Holdings from a “sell” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Wednesday, May 3rd. Finally, Craig Hallum lowered shares of Integer Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, April 19th.
In other news, insider Jennifer M. Bolt sold 3,626 shares of the business’s stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $41.04, for a total transaction of $148,811.04. Following the transaction, the insider now owns 14,834 shares of the company’s stock, valued at approximately $608,787.36. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.
Integer Holdings 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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