Here's Why Integer (ITGR) is a Strong Value Stock
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Why Investors Should Pay Attention to This Value Stock
Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.
Integer (ITGR)
Plano, TX-based Integer Holdings Corporation manufactures and develops medical devices and components primarily for original equipment manufacturers (OEMs).
ITGR is a Zacks Rank #2 (Buy) stock, with a Value Style Score of B and VGM Score of B. Shares are currently trading at a forward P/E of 18.6X for the current fiscal year compared to the Medical - Instruments industry's P/E of 27.2X. Additionally, ITGR has a PEG Ratio of 1.2 and a Price/Cash Flow ratio of 14.6X. Value investors should also note ITGR's Price/Sales ratio of 2.1X.
A company's earnings performance is important for value investors as well. For fiscal 2023, one analyst revised their earnings estimate higher in the last 60 days for ITGR, while the Zacks Consensus Estimate has increased $0.09 to $4.60 per share. ITGR also holds an average earnings surprise of 12%.
With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly think about adding ITGR to their portfolios.
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Integer Holdings Corporation (ITGR) : Free Stock Analysis Report
