Ingram Micro Holding Corp. (NYSE:INGM - Free Report) - Investment analysts at William Blair issued their FY2024 EPS estimates for shares of Ingram Micro in a note issued to investors on Monday, November 18th. William Blair analyst M. Nolan anticipates that the company will earn $2.73 per share for the year. William Blair has a "Outperform" rating on the stock. William Blair also issued estimates for Ingram Micro's Q4 2024 earnings at $0.86 EPS, Q1 2025 earnings at $0.72 EPS, Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.81 EPS, Q4 2025 earnings at $0.92 EPS, FY2025 earnings at $3.15 EPS and FY2026 earnings at $3.34 EPS.
Ingram Micro (NYSE:INGM - Get Free Report) last issued its quarterly earnings data on Tuesday, November 12th. The company reported $0.72 EPS for the quarter. The firm had revenue of $11.76 billion during the quarter.
INGM has been the topic of a number of other research reports. Raymond James assumed coverage on shares of Ingram Micro in a research report on Monday. They set an "outperform" rating and a $28.00 target price on the stock. JPMorgan Chase & Co. started coverage on Ingram Micro in a research note on Wednesday. They set a "neutral" rating and a $28.00 price objective on the stock. Deutsche Bank Aktiengesellschaft started coverage on Ingram Micro in a research report on Monday. They set a "buy" rating and a $26.00 target price for the company. Morgan Stanley started coverage on Ingram Micro in a research note on Monday. They issued an "equal weight" rating and a $24.00 price target for the company. Finally, Stifel Nicolaus began coverage on shares of Ingram Micro in a report on Monday. They issued a "buy" rating and a $28.00 target price on the stock. Four analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $27.92.
View Our Latest Stock Analysis on INGM
Ingram Micro Price Performance
Shares of INGM stock traded down $0.39 on Wednesday, hitting $22.39. The company's stock had a trading volume of 36,092 shares, compared to its average volume of 325,063. Ingram Micro has a fifty-two week low of $22.01 and a fifty-two week high of $25.69. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.96 and a current ratio of 1.40.
About Ingram Micro
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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.
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