Understanding the Recent Fluctuations of Integer Holdings Corp’s (ITGR) Stock

In the past week, ITGR stock has gone down by -3.88%, with a monthly decline of -1.11% and a quarterly surge of 2.28%. The volatility ratio for the week is 2.56%, and the volatility levels for the last 30 days are 2.12% for Integer Holdings Corp The simple moving average for the last 20 days is -3.30% for ITGR stock, with a simple moving average of 16.60% for the last 200 days.

Is It Worth Investing in Integer Holdings Corp (NYSE: ITGR) Right Now?

Integer Holdings Corp (NYSE: ITGR) has a price-to-earnings ratio that is above its average at 40.42x. The stock has a 36-month beta value of 1.11. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for ITGR is 32.97M, and at present, short sellers hold a 8.87% of that float. On June 14, 2024, the average trading volume of ITGR was 341.79K shares.

ITGR) stock’s latest price update

Integer Holdings Corp (NYSE: ITGR)’s stock price has plunge by -0.27relation to previous closing price of 116.73. Nevertheless, the company has seen a -3.88% plunge in its stock price over the last five trading sessions. zacks.com reported 2024-06-12 that Integer Holdings’ (ITGR) research and product development activities raise optimism about the stock.

Analysts’ Opinion of ITGR

Many brokerage firms have already submitted their reports for ITGR stocks, with Truist repeating the rating for ITGR by listing it as a “Buy.” The predicted price for ITGR in the upcoming period, according to Truist is $137 based on the research report published on May 15, 2024 of the current year 2024.

BofA Securities, on the other hand, stated in their research note that they expect to see ITGR reach a price target of $135, previously predicting the price at $105. The rating they have provided for ITGR stocks is “Buy” according to the report published on April 15th, 2024.

CL King gave a rating of “Buy” to ITGR, setting the target price at $137 in the report published on March 14th of the current year.

ITGR Trading at -0.60% 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 unable to rebound, for now settling with -6.11% of loss for the given period.

Volatility was left at 2.12%, however, over the last 30 days, the volatility rate increased by 2.56%, as shares sank -2.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.05% upper at present.

During the last 5 trading sessions, ITGR fell by -4.03%, which changed the moving average for the period of 200-days by +39.26% in comparison to the 20-day moving average, which settled at $120.24. In addition, Integer Holdings Corp saw 17.49% 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 Harris John A, who sale 1,521 shares at the price of $120.44 back on Jun 04 ’24. After this action, Harris John A now owns 4,922 shares of Integer Holdings Corp, valued at $183,182 using the latest closing price.

Hinrichs James F., the Director of Integer Holdings Corp, sale 9,603 shares at $122.44 during a trade that took place back on May 24 ’24, which means that Hinrichs James F. is holding 7,424 shares at $1,175,772 based on the most recent closing price.

Stock Fundamentals for ITGR

Current profitability levels for the company are sitting at:

  • 0.11 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 6.67, with 3.28 for asset returns.

Based on Integer Holdings Corp (ITGR), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is 3.61.

Currently, EBITDA for the company is 266.17 million with net debt to EBITDA at 4.29. When we switch over and look at the enterprise to sales, we see a ratio of 3.12. The receivables turnover for the company is 4.93for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.32.

Conclusion

To sum up, Integer Holdings Corp (ITGR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.

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