Why Integer (ITGR) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
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 #3 (Hold) stock, with a Value Style Score of B and VGM Score of A. Shares are currently trading at a forward P/E of 19.1X for the current fiscal year compared to the Medical - Instruments industry's P/E of 27.5X. Additionally, ITGR has a PEG Ratio of 1.3 and a Price/Cash Flow ratio of 13X. Value investors should also note ITGR's Price/Sales ratio of 2.2X.
Many value investors pay close attention to a company's earnings as well. For ITGR, two analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.12 to $5.41 per share for 2024. Per share ITGR boasts an average earnings surprise of 11.5%.
Investors should take the time to consider ITGR for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Integer Holdings Corporation (ITGR) : Free Stock Analysis Report
