Integer Holdings Co. (NASDAQ:ITGR) – Investment analysts at Northcoast Research reduced their Q3 2017 earnings per share (EPS) estimates for Integer Holdings in a research note issued on Monday. Northcoast Research analyst D. Keiser now anticipates that the medical equipment provider will post earnings of $0.86 per share for the quarter, down from their prior forecast of $0.89. Northcoast Research currently has a “Neutral” rating on the stock. Northcoast Research also issued estimates for Integer Holdings’ FY2017 earnings at $2.81 EPS.

Other equities analysts also recently issued reports about the stock. TheStreet raised shares of Integer Holdings from a “c+” rating to a “b-” rating in a research note on Wednesday, October 18th. Zacks Investment Research raised shares of Integer Holdings from a “sell” rating to a “hold” rating in a research note on Monday, August 21st. Royal Bank Of Canada reaffirmed a “hold” rating and set a $40.00 price objective on shares of Integer Holdings in a research note on Friday, September 22nd. KeyCorp reaffirmed an “overweight” rating and set a $62.00 price objective (up from $51.00) on shares of Integer Holdings in a research note on Monday, September 18th. Finally, BidaskClub raised shares of Integer Holdings from a “buy” rating to a “strong-buy” rating in a research note on Thursday, September 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $51.00.

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Integer Holdings (NASDAQ:ITGR) opened at 51.10 on Tuesday. Integer Holdings has a 52-week low of $18.10 and a 52-week high of $55.20. The stock has a 50 day moving average price of $50.55 and a 200 day moving average price of $44.11. The company has a market capitalization of $1.61 billion, a price-to-earnings ratio of 87.80 and a beta of 1.30.

Integer Holdings (NASDAQ:ITGR) last posted its quarterly earnings data on Thursday, July 27th. The medical equipment provider reported $0.62 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.73 by ($0.11). The firm had revenue of $363.00 million during the quarter, compared to analysts’ expectations of $353.68 million. During the same period in the previous year, the business posted $0.56 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis.

A number of hedge funds have recently added to or reduced their stakes in ITGR. Ameriprise Financial Inc. raised its stake in Integer Holdings by 5.0% in the first quarter. Ameriprise Financial Inc. now owns 146,614 shares of the medical equipment provider’s stock worth $5,893,000 after buying an additional 6,975 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in Integer Holdings by 3.7% in the first quarter. Parametric Portfolio Associates LLC now owns 107,633 shares of the medical equipment provider’s stock worth $4,327,000 after buying an additional 3,845 shares in the last quarter. Ameritas Investment Partners Inc. bought a new position in Integer Holdings in the first quarter worth about $104,000. Envestnet Asset Management Inc. raised its stake in Integer Holdings by 184.3% in the first quarter. Envestnet Asset Management Inc. now owns 3,545 shares of the medical equipment provider’s stock worth $142,000 after buying an additional 2,298 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in Integer Holdings by 67.0% in the first quarter. JPMorgan Chase & Co. now owns 78,138 shares of the medical equipment provider’s stock worth $3,142,000 after buying an additional 31,349 shares in the last quarter.

In related news, insider John A. Harris sold 1,261 shares of the stock in a transaction dated Wednesday, September 6th. The shares were sold at an average price of $45.40, for a total value of $57,249.40. Following the completion of the transaction, the insider now directly owns 2,064 shares of the company’s stock, valued at $93,705.60. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Integer Holdings Company Profile

Greatbatch, Inc is a developer and manufacturer of medical devices and components. The Company operates through two segments: Greatbatch Medical and QiG Group (QiG). Greatbatch Medical designs and manufactures products where the Company either owns the intellectual property or has unique manufacturing and assembly expertise.

Earnings History and Estimates for Integer Holdings (NASDAQ:ITGR)

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