Price Action Alert: Today Integer Holdings Corporation Stock Crashes

Price Action Alert: Today Integer Holdings Corporation Stock Crashes

The stock of Integer Holdings Corporation (NYSE:ITGR) is a huge mover today! About 202,348 shares traded hands. Integer Holdings Corporation (NYSE:ITGR) has declined 38.20% since March 8, 2016 and is downtrending. It has underperformed by 47.52% the S&P500.
The move comes after 6 months negative chart setup for the $666.23M company. It was reported on Oct, 11 by Barchart.com. We have $19.10 PT which if reached, will make NYSE:ITGR worth $39.97 million less.

Analysts await Integer Holdings Corporation (NYSE:ITGR) to report earnings on November, 3. They expect $0.81 EPS, up 39.66% or $0.23 from last year’s $0.58 per share. ITGR’s profit will be $26.56M for 6.27 P/E if the $0.81 EPS becomes a reality. After $0.56 actual EPS reported by Integer Holdings Corporation for the previous quarter, Wall Street now forecasts 44.64% EPS growth.

According to Zacks Investment Research, “Integer Holdings Corporation is a medical device outsource manufacturer. The company serving the cardiac, neuromodulation, orthopedics, vascular, advanced surgical and power solutions markets. It also develops batteries for high-end niche applications in energy, military, and environmental markets. The company’s brands include Greatbatch Medical, Lake Region Medical and Electrochem. Integer Holdings Corporation, formerly known as Greatbatch Inc., is based in Frisco, United States.”

More notable recent Integer Holdings Corporation (NYSE:ITGR) news were published by: Streetinsider.com which released: “Integer Holdings Corp (ITGR) Names Jeremy Friedman COO” on October 10, 2016, also Globenewswire.com with their article: “Greatbatch, Inc. Renamed Integer Holdings Corporation” published on June 27, 2016, Globenewswire.com published: “Integer Holdings Corporation Reports 2016 Second Quarter Results” on July 28, 2016. More interesting news about Integer Holdings Corporation (NYSE:ITGR) were released by: Streetinsider.com and their article: “Integer Holdings Corp (ITGR) CFO Dinkins Resigns” published on September 14, 2016 as well as Reuters.com‘s news article titled: “BRIEF-Integer Holdings Corp says Q2 adj EPS $0.56” with publication date: July 28, 2016.

ITGR Company Profile

Integer Holdings Corporation, formerly Greatbatch, Inc., incorporated on June 13, 1997, makes and develops medical devices and components primarily for original equipment manufacturers (OEMs), which depend on it to design, develop and produce intellectual property protected medical device technologies. The Firm owns Lake Region Medical Holdings, Inc. (Lake Region Medical), which is a medical device outsource (MDO) maker serving the cardiac, neuromodulation, orthopedics, cardio and vascular, advanced surgical, portable medical, energy, environmental and military markets. The Firm operates through three divisions: Greatbatch Medical, QiG and Lake Region Medical. The Company’s brands include Greatbatch Medical, Lake Region Medical and Electrochem.

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