ITGR official logo ITGR
ITGR 2-star rating from Upturn Advisory
Integer Holdings Corp (ITGR) company logo

Integer Holdings Corp (ITGR)

Integer Holdings Corp (ITGR) 2-star rating from Upturn Advisory
$68.14
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Upturn Advisory Summary

11/05/2025: ITGR (2-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

Upturn 2 star rating for performance

Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Number of Analysts

3 star rating from financial analysts

10 Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $84.86

1 Year Target Price $84.86

Analysts Price Target For last 52 week
$84.86 Target price
52w Low $62
Current$68.14
52w High $146.36

Analysis of Past Performance

Type Stock
Historic Profit 23.8%
Avg. Invested days 76
Today’s Advisory PASS
Upturn Star Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/05/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.39B USD
Price to earnings Ratio 28.04
1Y Target Price 84.86
Price to earnings Ratio 28.04
1Y Target Price 84.86
Volume (30-day avg) 10
Beta 0.83
52 Weeks Range 62.00 - 146.36
Updated Date 11/6/2025
52 Weeks Range 62.00 - 146.36
Updated Date 11/6/2025
Dividends yield (FY) -
Basic EPS (TTM) 2.43

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2025-10-23
When -
Estimate 1.67
Actual 1.79

Profitability

Profit Margin 4.75%
Operating Margin (TTM) 14.28%

Management Effectiveness

Return on Assets (TTM) 4.67%
Return on Equity (TTM) 5.18%

Valuation

Trailing PE 28.04
Forward PE 16.56
Enterprise Value 4909714284
Price to Sales(TTM) 1.3
Enterprise Value 4909714284
Price to Sales(TTM) 1.3
Enterprise Value to Revenue 2.74
Enterprise Value to EBITDA 17.44
Shares Outstanding 35038426
Shares Floating 34636185
Shares Outstanding 35038426
Shares Floating 34636185
Percent Insiders 1.2
Percent Institutions 116.42

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

Integer Holdings Corp

Integer Holdings Corp(ITGR) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

Integer Holdings Corp, formerly Greatbatch Inc., was founded in 1970 by Wilson Greatbatch. Initially focused on battery technology for implantable medical devices, the company has evolved through organic growth and acquisitions to become a leading medical device outsource (MDO) manufacturer.

Company business area logo Core Business Areas

  • Medical: Manufactures medical devices and components for cardiac rhythm management, neuromodulation, vascular, and other medical specialties. Includes batteries, leads, and delivery systems.
  • Cardio & Vascular: Offers products for cardiovascular and vascular applications, including catheters, guidewires, and balloons.
  • Neuromodulation: Creates components and devices used in neurological applications, such as spinal cord stimulation and deep brain stimulation.

leadership logo Leadership and Structure

Payman Khales is the President and CEO. The company has a board of directors overseeing its operations and is structured into various business units aligned with its core business areas.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Medical Device Batteries: Power sources for implantable medical devices. Integer is a key player in this market. Competitors include EaglePicher Technologies and Electrochem.
  • Catheters and Delivery Systems: Used in various cardiovascular procedures. This market is highly competitive with players like Boston Scientific, Medtronic, and Abbott.
  • Leads for Cardiac Rhythm Management: Connect implantable pulse generators to the heart. Competitors include Medtronic, Abbott, and Boston Scientific.

Market Dynamics

industry overview logo Industry Overview

The medical device outsource (MDO) industry is growing, driven by increasing demand for medical devices, regulatory complexities, and cost pressures on original equipment manufacturers (OEMs).

Positioning

Integer is a leading MDO provider, focusing on complex manufacturing and technical expertise. Its competitive advantages include its scale, breadth of capabilities, and long-standing relationships with major medical device OEMs.

Total Addressable Market (TAM)

The medical device market is estimated to be in the hundreds of billions of dollars. Integer is positioned to capture a portion of the MDO market, estimated to be in the tens of billions.

Upturn SWOT Analysis

Strengths

  • Strong market position
  • Broad product portfolio
  • Long-standing customer relationships
  • Technical expertise
  • Global manufacturing footprint

Weaknesses

  • Customer concentration
  • Dependence on key suppliers
  • Exposure to regulatory changes
  • Integration risks from acquisitions

Opportunities

  • Expanding market for medical devices
  • Increasing outsourcing trend
  • Acquisitions of complementary businesses
  • New product development

Threats

  • Competition from other MDO providers
  • Pricing pressures from OEMs
  • Technological obsolescence
  • Economic downturns
  • Product liability claims

Competitors and Market Share

Key competitor logo Key Competitors

  • Medtronic (MDT)
  • Boston Scientific (BSX)
  • TE Connectivity (TEL)

Competitive Landscape

Integer competes on its ability to provide a broad range of services, technical expertise, and global scale. It faces competition from larger medical device OEMs with internal manufacturing capabilities and other specialized MDO providers. Integer differentiates itself by focusing on complex, high-value manufacturing.

Major Acquisitions

Lake Region Medical

  • Year: 2015
  • Acquisition Price (USD millions): 764
  • Strategic Rationale: Expanded Integer's product portfolio and customer base in the cardiovascular market.

Growth Trajectory and Initiatives

Historical Growth: Integer's growth has been driven by a combination of organic expansion and strategic acquisitions.

Future Projections: Analyst estimates for Integer's future growth are unavailable at the current time.

Recent Initiatives: Recent initiatives for Integer Holdings are unavailable at this time.

Summary

Integer Holdings Corp. is a leading medical device outsource manufacturer with a strong market position and broad product portfolio. While customer concentration poses a risk, the increasing demand for medical devices provides opportunities for growth. Integration of acquisitions and managing pricing pressures are critical for Integer to navigate effectively. Overall, Integer seems reasonably strong but should monitor competition.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company Website
  • SEC Filings
  • Industry Reports
  • Analyst Reports (where available)

Disclaimers:

This analysis is based on publicly available information and is intended for informational purposes only. It does not constitute financial advice.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

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About Integer Holdings Corp

Exchange NYSE
Headquaters Plano, TX, United States
IPO Launch date 2000-09-29
CEO, President & Director Mr. Payman Khales
Sector Healthcare
Industry Medical Devices
Full time employees 11000
Full time employees 11000

Integer Holdings Corporation operates as a medical device contract development and manufacturing company in the United States, Puerto Rico, Costa Rica, and internationally. 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. It also provides cardiac rhythm management products, including implantable pacemakers, implantable cardioverter defibrillators, insertable cardiac monitors, implantable cardiac pacing and defibrillation leads, and heart failure therapies; neuromodulation products, such as implantable spinal cord stimulators; and non-rechargeable batteries, feedthroughs, device enclosures, machined components, and lead components and sub-assemblies. In addition, the company offers rechargeable batteries and chargers; orthopedics, minimally invasive surgery, and general surgery devices; and portable medical devices, including patient monitoring, ventilators, portable defibrillators, portable ultrasound, and X-Ray machines. Furthermore, the company provides medical technologies. It serves multi-national original equipment manufacturers and their affiliated subsidiaries in the cardiac rhythm management, neuromodulation, orthopedics, vascular, and advanced surgical and portable medical markets. Integer Holdings Corporation was formerly known as Greatbatch, Inc. and changed its name to Integer Holdings Corporation in July 2016. The company was founded in 1970 and is headquartered in Plano, Texas.