Integer Holdings Corporation (ITGR, Financial) has projected that the ongoing trade tariffs will have a significant financial impact on its operations this year. According to a recent statement from the company, the tariffs could reduce its adjusted operating income by between $1 million and $5 million by year-end.
This forecast aligns with previous predictions shared by the company and takes into account both existing tariffs and newly announced tariffs from April 2. These additional tariffs are set to be implemented after a 90-day delay. The company has also factored in both ongoing and planned strategies to mitigate these effects.
Joseph Dziedzic, President and CEO of Integer, emphasized these considerations in the company's latest disclosure. Integer Holdings is actively working to address the challenges posed by the current trade environment.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 7 analysts, the average target price for Integer Holdings Corp (ITGR, Financial) is $153.29 with a high estimate of $163.00 and a low estimate of $133.00. The average target implies an upside of 34.66% from the current price of $113.83. More detailed estimate data can be found on the Integer Holdings Corp (ITGR) Forecast page.
Based on the consensus recommendation from 10 brokerage firms, Integer Holdings Corp's (ITGR, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Integer Holdings Corp (ITGR, Financial) in one year is $109.35, suggesting a downside of 3.94% from the current price of $113.83. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Integer Holdings Corp (ITGR) Summary page.
