+Compare
ITGR
Stock ticker: NYSE
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
3B

ITGR Integer Holdings Corp Forecast, Technical & Fundamental Analysis

a manufacturer of medical devices and components

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for ITGR with price predictions
07:00 PM EST Nov 30, 2023

ITGR sees its 50-day moving average cross bearishly below its 200-day moving average

The 50-day moving average for ITGR moved below the 200-day moving average on October 25, 2023. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for ITGR moved out of overbought territory on November 28, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 32 similar instances where the indicator moved out of overbought territory. In of the 32 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where ITGR's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Momentum Indicator moved below the 0 level on November 29, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on ITGR as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ITGR turned negative on November 29, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ITGR declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

ITGR moved above its 50-day moving average on October 30, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for ITGR crossed bullishly above the 50-day moving average on November 06, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ITGR advanced for three days, in of 327 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 264 cases where ITGR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ITGR’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.053) is normal, around the industry mean (25.181). P/E Ratio (37.313) is within average values for comparable stocks, (79.550). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (6.249). Dividend Yield (0.000) settles around the average of (0.019) among similar stocks. P/S Ratio (1.948) is also within normal values, averaging (44.232).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ITGR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Abbott Laboratories (NYSE:ABT), Intuitive Surgical (NASDAQ:ISRG), Medtronic plc (NYSE:MDT), Boston Scientific Corp (NYSE:BSX), Edwards Lifesciences Corp (NYSE:EW), IQVIA Holdings (NYSE:IQV), Align Technology (NASDAQ:ALGN), Illumina (NASDAQ:ILMN), Exact Sciences Corp (NASDAQ:EXAS), Guardant Health (NASDAQ:GH).

Industry description

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

Market Cap

The average market capitalization across the Medical Specialties Industry is 6.4B. The market cap for tickers in the group ranges from 27 to 3.82T. MKYSF holds the highest valuation in this group at 3.82T. The lowest valued company is FOGCF at 27.

High and low price notable news

The average weekly price growth across all stocks in the Medical Specialties Industry was 4%. For the same Industry, the average monthly price growth was 13%, and the average quarterly price growth was 704%. LNDZF experienced the highest price growth at 347%, while SDCCQ experienced the biggest fall at -31%.

Volume

The average weekly volume growth across all stocks in the Medical Specialties Industry was 107%. For the same stocks of the Industry, the average monthly volume growth was -5% and the average quarterly volume growth was 13%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 69
Price Growth Rating: 60
SMR Rating: 84
Profit Risk Rating: 88
Seasonality Score: 17 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
Ad is loading...
A.I. Advisor
published Earnings

ITGR is expected to report earnings to rise 3.15% to $1.31 per share on February 15

Integer Holdings Corp ITGR Stock Earnings Reports
Q4'23
Est.
$1.31
Q3'23
Beat
by $0.17
Q2'23
Beat
by $0.14
Q1'23
Beat
by $0.04
Q4'22
Beat
by $0.09
The last earnings report on October 26 showed earnings per share of $1.27, beating the estimate of $1.10. With 168.69K shares outstanding, the current market capitalization sits at 3.00B.
A.I. Advisor
published General Information

General Information

a manufacturer of medical devices and components

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
Electrical Products
Address
5830 Granite Parkway
Phone
+1 214 618-5243
Employees
10000
Web
https://www.integer.net
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
ETFs / NAMEPrice $Chg $Chg %
EPU31.490.87
+2.84%
iShares MSCI Peru ETF
NERD15.220.24
+1.60%
Roundhill Video Games ETF
BBN15.850.19
+1.21%
BlackRock Taxable Municipal
ELC21.610.11
+0.51%
Entergy Louisiana LLC
RWM23.27-0.71
-2.96%
ProShares Short Russell2000

ITGR and

Correlation & Price change

A.I.dvisor indicates that over the last year, ITGR has been loosely correlated with RVTY. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if ITGR jumps, then RVTY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ITGR
1D Price
Change %
ITGR100%
+1.64%
RVTY - ITGR
49%
Loosely correlated
+2.68%
CNMD - ITGR
48%
Loosely correlated
+2.19%
LH - ITGR
40%
Loosely correlated
+0.95%
ALGN - ITGR
36%
Loosely correlated
+3.11%
AORT - ITGR
35%
Loosely correlated
+2.09%
More

Groups containing ITGR

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ITGR
1D Price
Change %
ITGR100%
+1.64%
electrical
(undefined stocks)
39%
Loosely correlated
+2.51%
Medical Specialties
(undefined stocks)
39%
Loosely correlated
+1.41%
Medical Specialties
(undefined stocks)
39%
Loosely correlated
+1.41%
power
(undefined stocks)
39%
Loosely correlated
+2.98%
medical devices
(undefined stocks)
38%
Loosely correlated
+2.84%
More