Integer (NYSE:ITGR) Now Covered by Analysts at CL King

CL King began coverage on shares of Integer (NYSE:ITGRFree Report) in a report issued on Thursday morning, MarketBeat Ratings reports. The firm issued a buy rating and a $137.00 price target on the medical equipment provider’s stock.

Separately, KeyCorp dropped their target price on Integer from $125.00 to $123.00 and set an overweight rating for the company in a report on Friday, February 16th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Integer presently has a consensus rating of Hold and a consensus target price of $105.50.

Read Our Latest Analysis on Integer

Integer Trading Up 0.9 %

Shares of NYSE:ITGR opened at $114.87 on Thursday. The stock has a market capitalization of $3.84 billion, a PE ratio of 42.70, a price-to-earnings-growth ratio of 1.43 and a beta of 1.09. The company’s 50-day moving average price is $104.97 and its two-hundred day moving average price is $92.23. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.80 and a quick ratio of 1.71. Integer has a one year low of $69.40 and a one year high of $118.15.

Integer (NYSE:ITGRGet Free Report) last posted its quarterly earnings results on Thursday, February 15th. The medical equipment provider reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.05. Integer had a net margin of 5.68% and a return on equity of 10.80%. The firm had revenue of $413.15 million for the quarter, compared to analyst estimates of $409.04 million. During the same period in the prior year, the firm posted $1.11 earnings per share. The company’s quarterly revenue was up 10.9% compared to the same quarter last year. On average, equities analysts forecast that Integer will post 5.29 EPS for the current fiscal year.

Hedge Funds Weigh In On Integer

Several institutional investors have recently made changes to their positions in the stock. Congress Asset Management Co. MA increased its stake in Integer by 12.5% during the 4th quarter. Congress Asset Management Co. MA now owns 421,524 shares of the medical equipment provider’s stock valued at $41,765,000 after purchasing an additional 46,776 shares in the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of Integer by 9.9% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 17,812 shares of the medical equipment provider’s stock worth $1,765,000 after acquiring an additional 1,603 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in Integer by 6.8% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 27,352 shares of the medical equipment provider’s stock valued at $2,710,000 after acquiring an additional 1,745 shares in the last quarter. Townsquare Capital LLC raised its stake in shares of Integer by 30.8% in the fourth quarter. Townsquare Capital LLC now owns 16,660 shares of the medical equipment provider’s stock worth $1,651,000 after purchasing an additional 3,923 shares during the last quarter. Finally, Oberweis Asset Management Inc. bought a new position in shares of Integer in the fourth quarter valued at approximately $7,035,000. Institutional investors and hedge funds own 99.29% of the company’s stock.

Integer Company Profile

(Get Free Report)

Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through two segments, Medical and Non-Medical. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures.

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Analyst Recommendations for Integer (NYSE:ITGR)

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