Integer Holdings Corporation is a medical device outsource manufacturer serving the cardiac, neuromodulation, orthopedics, vascular, advanced surgical and power solutions markets.
ITGR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Integer Holdings Corp. To summarize, we found that Integer Holdings Corp ranked in the 42th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Integer Holdings Corp, consider:
The business' balance sheet suggests that 32% of the company's capital is sourced from debt; this is greater than 55.85% of the free cash flow producing stocks we're observing.
Integer Holdings Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 2.83. This coverage rate is greater than that of 52.19% of stocks we're observing for the purpose of forecasting via discounted cash flows.
The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than 53.38% of stocks in its sector (Healthcare).
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Integer Holdings Corp? See FONR, AMGN, PRAH, IART, and PAHC.
Integer Holdings Corporation (ITGR) Q2 2020 Results Earnings Conference Call July 30, 2020, 9:00 am ET Company Participants Tony Borowicz - Senior Vice President of Strategy, Business Development and Investor Relations Joe Dziedzic - President, Chief Executive Officer Jason Garland - Executive Vice President, Chief Financial Officer Conference Call Participants...
PLANO, Texas, July 30, 2020 (GLOBE NEWSWIRE) -- Integer Holdings Corporation (NYSE:ITGR), a leading medical device outsource manufacturer, today announced results for the three months ended July 3, 2020. Unless otherwise stated, all results and comparisons are from continuing operations. Leading through the “new normal” of COVID-19 * COVID-19 safety measures are in place for Integer associates, who continue to deliver critical products that customers and patients rely on every day. * Integer is treating the current environment as the “new normal” by increasing its agility to respond to changing customer demand and adjusting costs related to the expected temporary volume decline. * Integer continues to execute its operational strategic imperatives to create long-term value. * Integ...