Integer Holdings Corp (NYSE: ITGR) has reported earnings for its first fiscal quarter (ending March 31) of $0.61 versus $0.39 for the same period a year ago. E.P.S. were $2.94 for the latest four quarters through March 31 versus $2.02 for the same period a year ago.
Recent Price Action
On 4/25/24, Integer Holdings Corp (NYSE: ITGR) stock suffered a large decline of -9.8%, closing at $111.15. Moreover, trading volume in this decline was exceptionally high at 407% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -6.2% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, ITGR is expected to continue to be an important Value Builder.
Integer Holdings has a current Value Trend Rating of C (High Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Integer Holdings has a slightly negative Appreciation Score of 34 but a good Power Rating of 84, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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