Ingram Micro (NYSE:INGM) Updates Q1 2025 Earnings Guidance

Ingram Micro (NYSE:INGM - Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 0.510-0.610 for the period, compared to the consensus earnings per share estimate of 0.690. The company issued revenue guidance of $11.4 billion-$11.8 billion, compared to the consensus revenue estimate of $11.6 billion.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on INGM. Melius began coverage on shares of Ingram Micro in a research report on Tuesday, November 26th. They set a "hold" rating and a $26.00 target price for the company. Stifel Nicolaus began coverage on shares of Ingram Micro in a research report on Monday, November 18th. They set a "buy" rating and a $28.00 target price for the company. Jefferies Financial Group began coverage on shares of Ingram Micro in a research report on Monday, November 18th. They set a "buy" rating and a $28.00 target price for the company. Loop Capital began coverage on shares of Ingram Micro in a research report on Monday, November 18th. They set a "buy" rating and a $30.00 target price for the company. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Ingram Micro in a research report on Monday, November 18th. They set a "buy" rating and a $26.00 target price for the company. Six analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $27.29.

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Ingram Micro Stock Performance

Shares of Ingram Micro stock traded up $0.13 on Friday, hitting $19.59. 494,395 shares of the company's stock traded hands, compared to its average volume of 419,111. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.93. The business's 50-day simple moving average is $21.96. Ingram Micro has a 52-week low of $18.90 and a 52-week high of $25.69.

Ingram Micro (NYSE:INGM - Get Free Report) last announced its quarterly earnings data on Tuesday, March 4th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.91 by $0.01. The firm had revenue of $13.34 billion for the quarter, compared to the consensus estimate of $13.21 billion. On average, analysts expect that Ingram Micro will post 2.71 EPS for the current fiscal year.

Ingram Micro Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be paid a dividend of $0.074 per share. This represents a $0.30 annualized dividend and a yield of 1.51%. The ex-dividend date is Tuesday, March 11th.

Ingram Micro declared that its Board of Directors has initiated a stock buyback program on Tuesday, March 4th that permits the company to buyback $75.00 million in outstanding shares. This buyback authorization permits the company to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

About Ingram Micro

Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world's leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve.