ITGR Stock Summary and Trading Ideas (Integer Holdings | NYSE:ITGR)

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.

Integer Holdings trades on the NYSE stock market under the symbol ITGR.

As of April 19, 2024, ITGR stock price declined to $116.62 with 372,346 million shares trading.

ITGR has a beta of 1.25, meaning it tends to be more sensitive to market movements. ITGR has a correlation of 0.27 to the broad based SPY ETF.

ITGR has a market cap of $3.90 billion. This is considered a Mid Cap stock.

Last quarter Integer Holdings reported $413 million in Revenue and $1.39 earnings per share. This beat revenue expectation by $6 million and exceeded earnings estimates by $.06.

In the last 3 years, ITGR stock traded as high as $121.53 and as low as $50.05.

The top ETF exchange traded funds that ITGR belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

ITGR has outperformed the market in the last year with a price return of +45.8% while the SPY ETF gained +21.2%. ITGR has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +13.1% and +1.4%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

ITGR support price is $115.68 and resistance is $119.98 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ITGR stock will trade within this expected range on the day.