In the preceding three months, 8 analysts have released ratings for Integer Holdings ITGR, presenting a wide array of perspectives from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 6 | 1 | 1 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 4 | 1 | 1 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 1 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated Integer Holdings and provided 12-month price targets. The average target is $139.25, accompanied by a high estimate of $150.00 and a low estimate of $130.00. Marking an increase of 4.11%, the current average surpasses the previous average price target of $133.75.
Breaking Down Analyst Ratings: A Detailed Examination
The standing of Integer Holdings among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Robert Wasserman | Benchmark | Raises | Buy | $140.00 | $130.00 |
| Brett Fishbin | Keybanc | Raises | Overweight | $144.00 | $139.00 |
| Richard Newitter | Truist Securities | Raises | Buy | $150.00 | $145.00 |
| Robert Wasserman | Benchmark | Maintains | Buy | $130.00 | $130.00 |
| Joanne Wuensch | Citigroup | Raises | Neutral | $130.00 | $124.00 |
| Craig Bijou | B of A Securities | Raises | Buy | $145.00 | $135.00 |
| Richard Newitter | Truist Securities | Raises | Buy | $145.00 | $137.00 |
| Robert Wasserman | Benchmark | Maintains | Buy | $130.00 | $130.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Integer Holdings. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' expectations for the relative performance of Integer Holdings compared to the broader market.
- Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Integer Holdings's stock. This comparison reveals trends in analysts' expectations over time.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Integer Holdings's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Integer Holdings analyst ratings.
Unveiling the Story Behind Integer Holdings
Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The company also develops batteries used in nonmedical applications in the energy, military, and environmental markets. The firm organizes itself into two business segments based on the product type: medical and nonmedical. The medical segment uses the firm's technologies to produce components and finished medical devices, and it generates the vast majority of revenue. The company earns more than half of its revenue in the United States.
Unraveling the Financial Story of Integer Holdings
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: Integer Holdings displayed positive results in 3 months. As of 30 June, 2024, the company achieved a solid revenue growth rate of approximately 9.04%. This indicates a notable increase in the company's top-line earnings. When compared to others in the Health Care sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Integer Holdings's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of 7.16%, the company may face hurdles in effective cost management.
Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 2.03%, the company may need to address challenges in generating satisfactory returns for shareholders.
Return on Assets (ROA): Integer Holdings's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 1.0%, the company may face hurdles in generating optimal returns from its assets.
Debt Management: Integer Holdings's debt-to-equity ratio stands notably higher than the industry average, reaching 0.78. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst Ratings: Simplified
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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