Integer Holdings Co. (NASDAQ:ITGR) – Investment analysts at KeyCorp decreased their Q3 2017 earnings per share estimates for shares of Integer Holdings in a research note issued to investors on Sunday. KeyCorp analyst M. Mishan now anticipates that the medical equipment provider will post earnings of $0.72 per share for the quarter, down from their previous estimate of $0.81. KeyCorp has a “Overweight” rating and a $62.00 price objective on the stock. KeyCorp also issued estimates for Integer Holdings’ Q4 2017 earnings at $0.93 EPS, FY2017 earnings at $2.68 EPS and FY2019 earnings at $3.88 EPS.

Separately, Zacks Investment Research downgraded Integer Holdings from a “hold” rating to a “sell” rating in a research note on Monday, August 28th.

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Integer Holdings (ITGR) opened at 48.50 on Tuesday. The company has a market capitalization of $1.53 billion, a P/E ratio of 83.33 and a beta of 1.30. Integer Holdings has a one year low of $18.10 and a one year high of $49.75. The stock’s 50 day moving average price is $45.66 and its 200-day moving average price is $41.73.

Integer Holdings (NASDAQ:ITGR) last announced its quarterly earnings results on Thursday, July 27th. The medical equipment provider reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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. Integer Holdings’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.56 earnings per share.

A number of hedge funds have recently made changes to their positions in ITGR. Ameritas Investment Partners Inc. purchased a new position in Integer Holdings during the 1st quarter worth $104,000. Envestnet Asset Management Inc. grew its stake in Integer Holdings by 184.3% during the 1st 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 during the last quarter. Public Employees Retirement System of Ohio grew its stake in Integer Holdings by 126.2% during the 1st quarter. Public Employees Retirement System of Ohio now owns 4,834 shares of the medical equipment provider’s stock worth $194,000 after buying an additional 2,697 shares during the last quarter. Quantbot Technologies LP purchased a new position in Integer Holdings during the 1st quarter worth $209,000. Finally, FMR LLC purchased a new position in Integer Holdings during the 1st quarter worth $226,000.

In related news, insider John A. Harris sold 1,261 shares of the business’s stock in a transaction on Wednesday, September 6th. The stock was sold at an average price of $45.40, for a total transaction of $57,249.40. Following the transaction, the insider now directly owns 2,064 shares in the company, valued at approximately $93,705.60. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

About Integer Holdings

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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