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NASDAQ:IMKTA

Ingles Markets (IMKTA) Stock Price, News & Analysis

Ingles Markets logo
$72.41 +0.71 (+0.99%)
(As of 11/13/2024 ET)

About Ingles Markets Stock (NASDAQ:IMKTA)

Key Stats

Today's Range
$71.52
$72.80
50-Day Range
$60.85
$74.60
52-Week Range
$59.73
$89.59
Volume
92,658 shs
Average Volume
101,582 shs
Market Capitalization
$1.38 billion
P/E Ratio
8.62
Dividend Yield
0.91%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. The company operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.

Ingles Markets Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
72nd Percentile Overall Score

IMKTA MarketRank™: 

Ingles Markets scored higher than 72% of companies evaluated by MarketBeat, and ranked 113th out of 218 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Ingles Markets.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ingles Markets is 8.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.46.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ingles Markets is 8.62, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 129.34.

  • Price to Book Value per Share Ratio

    Ingles Markets has a P/B Ratio of 0.94. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Ingles Markets' valuation and earnings.
  • Percentage of Shares Shorted

    3.10% of the outstanding shares of Ingles Markets have been sold short.
  • Short Interest Ratio / Days to Cover

    Ingles Markets has a short interest ratio ("days to cover") of 4.2.
  • Change versus previous month

    Short interest in Ingles Markets has recently decreased by 7.96%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Ingles Markets has a dividend yield of 0.92%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Ingles Markets does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ingles Markets is 7.86%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Ingles Markets' dividend.
  • Percentage of Shares Shorted

    3.10% of the outstanding shares of Ingles Markets have been sold short.
  • Short Interest Ratio / Days to Cover

    Ingles Markets has a short interest ratio ("days to cover") of 4.2.
  • Change versus previous month

    Short interest in Ingles Markets has recently decreased by 7.96%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Ingles Markets has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Ingles Markets this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for IMKTA on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ingles Markets insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    23.10% of the stock of Ingles Markets is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    62.54% of the stock of Ingles Markets is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ingles Markets' insider trading history.
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IMKTA Stock News Headlines

Ingles Markets, Incorporated (IMKTA): A Bull Case Theory
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Ingles Markets: Hurricane Helene Won't Make Things Easy
See More Headlines

IMKTA Stock Analysis - Frequently Asked Questions

Ingles Markets' stock was trading at $86.37 on January 1st, 2024. Since then, IMKTA shares have decreased by 16.2% and is now trading at $72.41.
View the best growth stocks for 2024 here
.

Ingles Markets, Incorporated (NASDAQ:IMKTA) announced its quarterly earnings data on Wednesday, May, 8th. The company reported $0.74 earnings per share for the quarter. The company earned $1 billion during the quarter. Ingles Markets had a net margin of 2.74% and a trailing twelve-month return on equity of 10.58%.

Top institutional investors of Ingles Markets include River Road Asset Management LLC (5.11%), Royce & Associates LP (2.29%), Charles Schwab Investment Management Inc. (2.14%) and Empowered Funds LLC (0.49%). Insiders that own company stock include James W Lanning and Sharp Laura Ingle.
View institutional ownership trends
.

Shares of IMKTA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

Last Earnings
5/08/2019
Ex-Dividend for 10/17 Dividend
10/10/2024
Dividend Payable
10/17/2024
Today
11/13/2024
Next Earnings (Estimated)
12/04/2024
Fiscal Year End
9/30/2025

Industry, Sector and Symbol

Industry
Grocery stores
Sub-Industry
Food Retail
Current Symbol
NASDAQ:IMKTA
CUSIP
45703010
Employees
26,420
Year Founded
1963

Profitability

Net Income
$210.81 million
Pretax Margin
3.62%

Debt

Sales & Book Value

Annual Sales
$5.89 billion
Cash Flow
$17.36 per share
Book Value
$76.81 per share

Miscellaneous

Free Float
14,606,000
Market Cap
$1.38 billion
Optionable
Optionable
Beta
0.72

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This page (NASDAQ:IMKTA) was last updated on 11/14/2024 by MarketBeat.com Staff
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