Is Integer Holdings Corp (ITGR) positioned for future growth?

With 1.61 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.35 million shares. During the session, the Medical Devices company that operates in wider Healthcare sector, reached to the highest price of $120.0 whereas the lowest price it dropped to was $109.99. The 52-week range on ITGR shows that it touched its highest point at $123.99 and its lowest point at $69.40 during that stretch. It currently has a 1-year price target of $126.71. Beta for the stock currently stands at 1.09.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ITGR was down-trending over the past week, with a drop of -5.67%, but this was down by -0.34% over a month. Three-month performance surged to 9.69% while six-month performance rose 54.44%. The stock gained 37.68% in the past year, while it has gained 12.18% so far this year. A look at the trailing 12-month EPS for ITGR yields 2.68 with Next year EPS estimates of 6.05. For the next quarter, that number is 1.25. This implies an EPS growth rate of 13.47% for this year and 14.11% for next year.

Float and Shares Shorts:

At present, 33.33 million ITGR shares are outstanding with a float of 32.97 million shares on hand for trading. On 2024-04-15, short shares totaled 2.57 million, which was 769.0 higher than short shares on 1710460800. In addition to Mr. Joseph W. Dziedzic as the firm’s President, CEO & Director, Mr. Diron Smith serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 1.11161 of ITGR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, ITGR reported revenue of $413151000.0 and operating income of $49222000.0. The EBITDA in the recently reported quarter was $73452000.0 and diluted EPS was $0.78.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ITGR since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.