One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like Integer Holdings Corp before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell Integer Holdings Corp’s stock is to have the right tools and resources as well as a clear monitoring process.

In this article, we go over a few key elements for understanding Integer Holdings Corp’s stock price such as:

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• Stock price momentum as measured by its relative strength

About Integer Holdings Corp (ITGR)

Before we jump into Integer Holdings Corp’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Integer Holdings Corporation is a medical device outsource (MDO) manufacturer, which serves the cardiac, neuromodulation, vascular, orthopedics, advanced surgical and portable medical markets. The Company’s segments include Medical and Non-Medical. The Medical segment includes the Cardio and Vascular, Cardiac and Neuromodulation and Advanced Surgical, Orthopedics and Portable Medical product lines. The Non-Medical segment comprises the Electrochem product line. The Company provides medical technologies and develops batteries for various applications in the non-medical energy, military, and environmental markets. Its brands include Greatbatch Medical, Lake Region Medical and Electrochem. Its primary customers include large, multi-national original equipment manufacturers and their affiliated subsidiaries. It operates approximately 18 facilities in the United States, five in Europe, three in Mexico, two in Asia, one in the Dominican Republic, one in South America, and one in Israel.

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Integer Holdings Corp’s Stock Price as of Market Close

As of January 31, 2023 9:32 AM CST, Integer Holdings Corp’s stock price was $63.31.

Integer Holdings Corp is down 10.5% from its previous closing price of $70.74.

During the last market session, Integer Holdings Corp’s stock traded between $70.05 and $71.36. Currently, there are 33.15 million shares of Integer Holdings Corp stock available for purchase.

Integer Holdings Corp’s price-earnings (P/E) ratio is currently at 34.5, which is high compared to the Advanced Medical Equipment & Technology industry median of 30.3. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Integer Holdings Corp Stock Price History

Integer Holdings Corp’s (ITGR) price is currently down 7.52% so far this month.

During the month of January, Integer Holdings Corp’s stock price has reached a high of $75.39 and a low of $63.10.

Over the last year, Integer Holdings Corp has hit prices as high as $88.58 and as low as $50.05. Year to date, Integer Holdings Corp’s stock is down -7.52%.

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What Caused Integer Holdings Corp Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of January 30, 2023,, no analysts have changed their rating of Integer Holdings Corp’s stock over the last month.

Additionally, you'll want to evaluate Integer Holdings Corp’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

Integer Holdings Corp’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Integer Holdings Corp (ITGR) by visiting AAII Stock Evaluator.

Relative Price Strength of Integer Holdings Corp

Relative price strength addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of January 30, 2023, Integer Holdings Corp has a relative price strength of 56%, which translates to a Momentum Score of 56 and is considered to be Average.

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Integer Holdings Corp Stock Price: Bottom Line

As of January 31, 2023, Integer Holdings Corp’s stock price is $63.31, which is down 10.5% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell Integer Holdings Corp’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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