Ingram Micro Holding Corp. (NYSE:INGM - Free Report) - Research analysts at William Blair lowered their Q1 2025 earnings per share estimates for Ingram Micro in a note issued to investors on Wednesday, March 5th. William Blair analyst M. Nolan now forecasts that the company will post earnings of $0.56 per share for the quarter, down from their previous estimate of $0.72. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for Ingram Micro's current full-year earnings is $2.71 per share. William Blair also issued estimates for Ingram Micro's Q2 2025 earnings at $0.69 EPS, Q3 2025 earnings at $0.79 EPS, Q4 2025 earnings at $0.89 EPS, FY2025 earnings at $2.92 EPS, Q1 2026 earnings at $0.77 EPS, Q2 2026 earnings at $0.78 EPS, Q3 2026 earnings at $0.83 EPS, Q4 2026 earnings at $0.93 EPS and FY2026 earnings at $3.32 EPS.
Several other analysts have also recently weighed in on the stock. 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 price objective on the stock. Redburn Atlantic started coverage on Ingram Micro in a research report on Monday, November 18th. They set a "buy" rating and a $30.00 price target on the stock. Melius Research upgraded Ingram Micro to a "hold" rating in a report on Tuesday, November 26th. Raymond James decreased their price objective on Ingram Micro from $28.00 to $26.00 and set an "outperform" rating on the stock in a report on Wednesday, March 5th. Finally, Stifel Nicolaus assumed coverage on Ingram Micro in a research note on Monday, November 18th. They issued a "buy" rating and a $28.00 target price for the company. Six analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $26.93.
Read Our Latest Report on Ingram Micro
Ingram Micro Stock Performance
Shares of NYSE:INGM traded up $0.16 on Friday, hitting $19.08. The company's stock had a trading volume of 456,064 shares, compared to its average volume of 420,251. The company has a quick ratio of 0.96, a current ratio of 1.40 and a debt-to-equity ratio of 0.93. The firm's 50-day moving average price is $21.94. Ingram Micro has a 1 year low of $18.40 and a 1 year high of $25.69.
Ingram Micro (NYSE:INGM - Get Free Report) last announced its quarterly earnings results on Tuesday, March 4th. The company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.01. The company had revenue of $13.34 billion for the quarter, compared to the consensus estimate of $13.21 billion.
Institutional Investors Weigh In On Ingram Micro
Several hedge funds have recently made changes to their positions in INGM. Wells Fargo & Company MN purchased a new position in Ingram Micro during the fourth quarter valued at $45,000. Cohen & Steers Inc. purchased a new position in Ingram Micro during the 4th quarter valued at about $48,000. Tower Research Capital LLC TRC purchased a new position in Ingram Micro during the 4th quarter valued at about $52,000. Cubist Systematic Strategies LLC bought a new stake in Ingram Micro during the fourth quarter worth about $80,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Ingram Micro in the fourth quarter worth about $118,000.
Ingram Micro Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Tuesday, March 11th will be given a $0.074 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.55%. The ex-dividend date of this dividend is Tuesday, March 11th.
Ingram Micro announced that its Board of Directors has approved a share repurchase program on Tuesday, March 4th that authorizes the company to repurchase $75.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.
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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