Integer (NYSE:ITGR – Get Free Report) updated its FY24 earnings guidance on Thursday. The company provided EPS guidance of $5.24-5.43 for the period, compared to the consensus EPS estimate of $5.30. The company issued revenue guidance of $1.707-1.727 billion, compared to the consensus revenue estimate of $1.74 billion. Integer also updated its FY 2024 guidance to 5.240-5.430 EPS.
Integer Stock Performance
NYSE:ITGR opened at $125.77 on Friday. Integer has a 1-year low of $73.40 and a 1-year high of $133.53. The stock has a market cap of $4.22 billion, a P/E ratio of 41.10, a PEG ratio of 1.80 and a beta of 1.08. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.29 and a quick ratio of 1.96. The firm has a 50-day moving average of $127.58 and a two-hundred day moving average of $120.98.
Integer (NYSE:ITGR – Get Free Report) last issued its quarterly earnings data on Thursday, October 24th. The medical equipment provider reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.36 by $0.07. Integer had a return on equity of 11.48% and a net margin of 6.31%. The firm had revenue of $431.42 million during the quarter, compared to analyst estimates of $440.59 million. During the same quarter last year, the firm earned $1.27 EPS. Integer’s quarterly revenue was up 8.7% on a year-over-year basis. On average, research analysts expect that Integer will post 5.3 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
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Insider Activity at Integer
In other Integer news, Director Jean M. Hobby sold 11,960 shares of the firm’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $119.66, for a total value of $1,431,133.60. Following the sale, the director now directly owns 2,280 shares in the company, valued at approximately $272,824.80. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.00% of the company’s stock.
About Integer
Integer Holdings Corporation operates as a medical device outsource manufacturer in the United States, Puerto Rico, Costa Rica, and internationally. It operates through two segments, Medical and Non-Medical. The company offers products for interventional cardiology, structural heart, heart failure, peripheral vascular, neurovascular, interventional oncology, electrophysiology, vascular access, infusion therapy, hemodialysis, non-vascular, urology, and gastroenterology procedures.
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