Integra Lifesciences Holdings Corp (NASDAQ: IART) has experienced a decline in its stock price by -0.20 compared to its previous closing price of 19.80. However, the company has seen a gain of 2.54% in its stock price over the last five trading days. globenewswire.com reported 2024-10-14 that PRINCETON, N.J., Oct. 14, 2024 (GLOBE NEWSWIRE) — Integra LifeSciences Holdings Corporation (NASDAQ: IART), a leading global medical technology company, will release third quarter 2024 financial results on Monday, November 4, 2024, prior to the market open. In conjunction with the earnings release, Integra’s management team will host a conference call at 8:30 a.m. ET.
Is It Worth Investing in Integra Lifesciences Holdings Corp (NASDAQ: IART) Right Now?
The price-to-earnings ratio for Integra Lifesciences Holdings Corp (NASDAQ: IART) is 66.96x, which is above its average ratio. Moreover, the 36-month beta value for IART is 1.09. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 5 as “overweight,” 6 as “hold,” and 0 as “sell.”
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The public float for IART is 65.08M and currently, short sellers hold a 6.76% of that float. On October 18, 2024, IART’s average trading volume was 1.14M shares.
IART’s Market Performance
IART’s stock has seen a 2.54% increase for the week, with a 12.72% rise in the past month and a -36.95% fall in the past quarter. The volatility ratio for the week is 3.72%, and the volatility levels for the past 30 days are at 3.88% for Integra Lifesciences Holdings Corp The simple moving average for the last 20 days is 9.16% for IART’s stock, with a simple moving average of -33.99% for the last 200 days.
Analysts’ Opinion of IART
Citigroup, on the other hand, stated in their research note that they expect to see IART reach a price target of $23, previously predicting the price at $30. The rating they have provided for IART stocks is “Sell” according to the report published on July 30th, 2024.
BTIG Research gave a rating of “Sell” to IART, setting the target price at $22 in the report published on July 30th of the current year.
IART Trading at 3.47% from the 50-Day Moving Average
After a stumble in the market that brought IART to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.49% of loss for the given period.
Volatility was left at 3.88%, however, over the last 30 days, the volatility rate increased by 3.72%, as shares surge +13.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.94% lower at present.
During the last 5 trading sessions, IART rose by +2.54%, which changed the moving average for the period of 200-days by -54.31% in comparison to the 20-day moving average, which settled at $18.10. In addition, Integra Lifesciences Holdings Corp saw -54.63% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IART starting from Mosebrook Jeffrey, who sale 1,191 shares at the price of $21.58 back on Aug 19 ’24. After this action, Mosebrook Jeffrey now owns 36,088 shares of Integra Lifesciences Holdings Corp, valued at $25,701 using the latest closing price.
ESSIG STUART, the Exec. Chairman of the Board of Integra Lifesciences Holdings Corp, purchase 52,641 shares at $28.49 during a trade that took place back on May 23 ’24, which means that ESSIG STUART is holding 487,922 shares at $1,499,979 based on the most recent closing price.
Stock Fundamentals for IART
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.57 for the gross margin
The net margin for Integra Lifesciences Holdings Corp stands at 0.02. The total capital return value is set at 0.03. Equity return is now at value 1.47, with 0.60 for asset returns.
Based on Integra Lifesciences Holdings Corp (IART), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 1.2. The interest coverage ratio of the stock is 1.9.
Currently, EBITDA for the company is 297.59 million with net debt to EBITDA at 7.72. When we switch over and look at the enterprise to sales, we see a ratio of 2.12. The receivables turnover for the company is 5.64for trailing twelve months and the total asset turnover is 0.38. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.39.
Conclusion
To wrap up, the performance of Integra Lifesciences Holdings Corp (IART) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
