Brokerages expect Integer Holdings Co. (NYSE:ITGR) to post $361.04 million in sales for the current fiscal quarter, according to Zacks Investment Research. Three analysts have provided estimates for Integer’s earnings, with the highest sales estimate coming in at $361.63 million and the lowest estimate coming in at $360.00 million. Integer posted sales of $359.59 million during the same quarter last year, which suggests a positive year-over-year growth rate of 0.4%. The company is scheduled to announce its next earnings report on Monday, February 26th.

According to Zacks, analysts expect that Integer will report full year sales of $361.04 million for the current financial year. For the next financial year, analysts expect that the business will report sales of $1.47 billion per share, with estimates ranging from $1.47 billion to $1.48 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side analysts that follow Integer.

Integer (NYSE:ITGR) last announced its quarterly earnings results on Thursday, October 26th. The medical equipment provider reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.04. Integer had a net margin of 1.42% and a return on equity of 11.22%. The firm had revenue of $363.31 million during the quarter, compared to analysts’ expectations of $354.83 million. During the same quarter in the prior year, the company earned $0.83 EPS. The company’s revenue was up 4.8% compared to the same quarter last year.

A number of research firms recently commented on ITGR. KeyCorp reissued an “overweight” rating and set a $62.00 target price (up previously from $51.00) on shares of Integer in a research report on Monday, September 18th. Royal Bank of Canada reissued a “hold” rating and set a $40.00 target price on shares of Integer in a research report on Friday, September 22nd. BidaskClub raised shares of Integer from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 28th. TheStreet raised shares of Integer from a “c+” rating to a “b-” rating in a research report on Wednesday, October 18th. Finally, Northcoast Research cut shares of Integer from a “buy” rating to a “neutral” rating in a research report on Monday, October 23rd. They noted that the move was a valuation call. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $51.00.

Shares of Integer (ITGR) opened at $44.85 on Friday. Integer has a 52-week low of $29.00 and a 52-week high of $55.20. The firm has a market cap of $1,433.06, a P/E ratio of 71.19, a PEG ratio of 0.95 and a beta of 1.08. The company has a debt-to-equity ratio of 1.95, a current ratio of 2.58 and a quick ratio of 1.37.

In other news, Director William B. Summers, Jr. sold 13,996 shares of the stock in a transaction on Monday, November 27th. The shares were sold at an average price of $49.07, for a total value of $686,783.72. Following the sale, the director now owns 46,179 shares in the company, valued at $2,266,003.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jeremy Friedman sold 11,229 shares of the stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $46.01, for a total transaction of $516,646.29. Following the completion of the sale, the chief operating officer now owns 15,681 shares in the company, valued at approximately $721,482.81. The disclosure for this sale can be found here. In the last ninety days, insiders sold 86,561 shares of company stock valued at $4,062,886. Corporate insiders own 4.80% of the company’s stock.

Large investors have recently added to or reduced their stakes in the company. California Public Employees Retirement System increased its stake in shares of Integer by 4.9% in the second quarter. California Public Employees Retirement System now owns 92,700 shares of the medical equipment provider’s stock worth $4,009,000 after acquiring an additional 4,300 shares during the period. Piedmont Investment Advisors LLC acquired a new stake in shares of Integer in the second quarter worth $260,000. Vanguard Group Inc. increased its stake in shares of Integer by 2.6% in the second quarter. Vanguard Group Inc. now owns 2,790,328 shares of the medical equipment provider’s stock worth $120,682,000 after acquiring an additional 71,154 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in Integer during the second quarter valued at $284,000. Finally, Macquarie Group Ltd. acquired a new stake in Integer during the second quarter valued at $748,000. Hedge funds and other institutional investors own 95.02% of the company’s stock.

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About Integer

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.

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