Integra Lifesciences Holdings Corp Receives Consensus Recommendation of “Hold” from Brokerages (NASDAQ:IART)
Shares of Integra Lifesciences Holdings Corp (NASDAQ:IART) have been given an average rating of “Hold” by the eight ratings firms that are covering the stock, AnalystRatingsNetwork.com reports. Four analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $52.57.
In other Integra Lifesciences Holdings Corp news, VP Brian Larkin sold 1,947 shares of the company’s stock in a transaction dated Friday, August 8th. The shares were sold at an average price of $48.28, for a total transaction of $94,001.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on IART shares. Analysts at Oppenheimer reiterated an “outperform” rating on shares of Integra Lifesciences Holdings Corp in a research note on Wednesday, August 6th. They now have a $57.00 price target on the stock, up previously from $55.00. Analysts at Jefferies Group raised their price target on shares of Integra Lifesciences Holdings Corp from $54.00 to $57.00 in a research note on Wednesday, August 6th.
Shares of Integra Lifesciences Holdings Corp (NASDAQ:IART) opened at 48.80 on Friday. Integra Lifesciences Holdings Corp has a 1-year low of $37.92 and a 1-year high of $50.25. The stock’s 50-day moving average is $47.67 and its 200-day moving average is $46.45. The company’s market cap is $1.591 billion.
Integra Lifesciences Holdings Corp (NASDAQ:IART) last released its earnings data on Tuesday, August 5th. The company reported $0.68 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.64 by $0.04. The company had revenue of $231.40 million for the quarter, compared to the consensus estimate of $229.32 million. During the same quarter last year, the company posted $0.60 earnings per share. Integra Lifesciences Holdings Corp’s revenue was up 12.6% compared to the same quarter last year. On average, analysts predict that Integra Lifesciences Holdings Corp will post $2.94 earnings per share for the current fiscal year.
Integra LifeSciences Holdings Corporation (NASDAQ:IART) is an integrated medical technology company.
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