Back to top

Greatbatch, Inc. (GB)

Read MoreHide Full Article

Greatbatch (GB) is a leading producer and supplier of batteries, capacitors and components used in implantable medical devices. The company has been acquiring several businesses over the last few years to revive top-line growth, which has been declining over the past few quarters.

Total revenues in the fourth quarter declined 14% year over year. The decline was broad-based across all sub-segments.

We continue to rate the stock an Underperform with a target price of $18. This is based on a P/E of 10.9x our fiscal 2010 EPS estimate.

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Integer Holdings Corporation (ITGR) - free report >>

More from Zacks Bear of the Day

You May Like