Integer Holdings Corp (NYSE: ITGR) has a higher price-to-earnings ratio of 45.94x compared to its average ratio, The 36-month beta value for ITGR is at 1.10. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ITGR is 32.97M, and currently, shorts hold a 7.38% of that float. The average trading volume for ITGR on April 25, 2024 was 332.63K shares.
ITGR) stock’s latest price update
Integer Holdings Corp (NYSE: ITGR)’s stock price has increased by 4.55 compared to its previous closing price of 117.91. However, the company has seen a 4.01% increase in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-16 that Investors with an interest in Medical – Instruments stocks have likely encountered both Integer (ITGR) and Edwards Lifesciences (EW). But which of these two companies is the best option for those looking for undervalued stocks?
ITGR’s Market Performance
Integer Holdings Corp (ITGR) has seen a 4.01% rise in stock performance for the week, with a 7.89% gain in the past month and a 21.77% surge in the past quarter. The volatility ratio for the week is 2.55%, and the volatility levels for the past 30 days are at 2.28% for ITGR. The simple moving average for the past 20 days is 5.89% for ITGR’s stock, with a 30.59% simple moving average for the past 200 days.
Analysts’ Opinion of ITGR
Many brokerage firms have already submitted their reports for ITGR stocks, with BofA Securities repeating the rating for ITGR by listing it as a “Buy.” The predicted price for ITGR in the upcoming period, according to BofA Securities is $135 based on the research report published on April 15, 2024 of the current year 2024.
CL King, on the other hand, stated in their research note that they expect to see ITGR reach a price target of $137. The rating they have provided for ITGR stocks is “Buy” according to the report published on March 14th, 2024.
KeyBanc Capital Markets gave a rating of “Overweight” to ITGR, setting the target price at $125 in the report published on February 06th of the current year.
ITGR Trading at 9.88% from the 50-Day Moving Average
After a stumble in the market that brought ITGR to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.43% of gains for the given period.
Volatility was left at 2.28%, however, over the last 30 days, the volatility rate increased by 2.55%, as shares surge +10.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.58% upper at present.
During the last 5 trading sessions, ITGR rose by +4.01%, which changed the moving average for the period of 200-days by +45.52% in comparison to the 20-day moving average, which settled at $117.00. In addition, Integer Holdings Corp saw 24.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ITGR starting from Spence Donald J, who sale 6,500 shares at the price of $82.32 back on Sep 11 ’23. After this action, Spence Donald J now owns 18,781 shares of Integer Holdings Corp, valued at $535,061 using the latest closing price.
Hobby Jean M., the Director of Integer Holdings Corp, sale 3,625 shares at $83.85 during a trade that took place back on Jun 09 ’23, which means that Hobby Jean M. is holding 9,126 shares at $303,956 based on the most recent closing price.
Stock Fundamentals for ITGR
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.26 for the gross margin
The net margin for Integer Holdings Corp stands at 0.06. The total capital return value is set at 0.06. Equity return is now at value 6.17, with 3.16 for asset returns.
Based on Integer Holdings Corp (ITGR), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 3.14.
Currently, EBITDA for the company is 266.17 million with net debt to EBITDA at 3.85. When we switch over and look at the enterprise to sales, we see a ratio of 3.22. The receivables turnover for the company is 4.9for trailing twelve months and the total asset turnover is 0.54. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.80.
Conclusion
In conclusion, Integer Holdings Corp (ITGR) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
