Ingles Markets Incorporated Stock Today
| IMKTA Stock | USD 73.36 0.26 0.36% |
Performance0 of 100
| Odds Of DistressLess than 1
|
Ingles Markets is trading at 73.36 as of the 19th of April 2024, a 0.36% increase since the beginning of the trading day. The stock's open price was 73.1. Ingles Markets has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ingles Markets Incorporated are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Consumer Staples Distribution & Retail | IPO Date 26th of March 1990 | Category Consumer Defensive | Classification Consumer Staples |
Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina. Ingles Markets operates under Grocery Stores classification in the United States and is traded on NASDAQ Exchange. The company has 14.54 M outstanding shares of which 303.98 K shares are currently shorted by private and institutional investors with about 3.4 days to cover all short positions. More on Ingles Markets Incorporated
Moving against Ingles Stock
| 0.89 | WMT | Walmart Financial Report 16th of May 2024 | PairCorr |
| 0.85 | BJ | BJs Wholesale Club Financial Report 28th of May 2024 | PairCorr |
| 0.8 | TGT | Target Financial Report 15th of May 2024 | PairCorr |
| 0.79 | CL | Colgate Palmolive Earnings Call This Week | PairCorr |
| 0.77 | CASY | Caseys General Stores Financial Report 4th of June 2024 | PairCorr |
| 0.76 | KR | Kroger Company Financial Report 20th of June 2024 | PairCorr |
| 0.75 | EL | Estee Lauder Companies Buyout Trend | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Ingles Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ingles Markets' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ingles Markets or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Robert Ingle | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Retail (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Staples Distribution & Retail, Consumer Defensive, NASDAQ Composite, NASDAQ Composite Total, Retail, Consumer Staples, Consumer Staples Distribution & Retail, Grocery Stores, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Ingles Markets report their recommendations after researching Ingles Markets' financial statements, talking to executives and customers, or listening in on Ingles Markets' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ingles Markets rporated. The Ingles consensus assessment is calculated by taking the average forecast from all of the analysts covering Ingles Markets. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Ingles Markets' liquidity, profitability, solvency, and operating efficiency, Ingles Markets Incorporated is performing exceptionally good at the moment. It has a great risk to report excellent financial results in May. Financial strength of Ingles Markets rporated is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ingles Markets' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ingles Markets' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. Ingles Markets' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Ingles Markets' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ingles Markets' financial leverage. It provides some insight into what part of Ingles Markets' total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Ingles Markets Incorporated (IMKTA) is traded on NASDAQ Exchange in USA. It is located in 2913 U.S. Hwy., Asheville, NC, United States, 28711 and employs 11,625 people. Ingles Markets is listed under Consumer Staples Distribution & Retail category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.39 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ingles Markets's market, we take the total number of its shares issued and multiply it by Ingles Markets's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Ingles Markets rporated classifies itself under Consumer Staples Distribution & Retail sector and is part of Consumer Staples industry. The entity has 14.54 M outstanding shares of which 303.98 K shares are currently shorted by private and institutional investors with about 3.4 days to cover all short positions.
Ingles Markets Incorporated has accumulated about 241.26 M in cash with 266.41 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 12.7.
Check Ingles Markets Probability Of Bankruptcy
Ownership AllocationThe market capitalization of Ingles Markets is $1.39 Billion. The majority of Ingles Markets rporated outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Ingles Markets to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Ingles Markets Incorporated. Please pay attention to any change in the institutional holdings of Ingles Markets rporated as this could imply that something significant has changed or is about to change at the company. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Ingles Ownership Details
Ingles Stock Price Odds Analysis
What are Ingles Markets' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Ingles Markets jumping above the current price in 90 days from now is about 86.28%. The Ingles Markets Incorporated probability density function shows the probability of Ingles Markets stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Ingles Markets has a beta of 0.3335. This usually indicates as returns on the market go up, Ingles Markets average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Ingles Markets Incorporated will be expected to be much smaller as well. Additionally, ingles Markets Incorporated has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ingles Markets to move above the current price in 90 days from now is about 86.28 (This Ingles Markets Incorporated probability density function shows the probability of Ingles Stock to fall within a particular range of prices over 90 days) .
Ingles Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Ingles Markets that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ingles Markets' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ingles Markets' value.| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 311.1 K | |
| American Century Companies Inc | 2023-12-31 | 286.8 K | |
| Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main | 2023-12-31 | 262.5 K | |
| Renaissance Technologies Corp | 2023-12-31 | 249 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 231.1 K | |
| Bridgeway Capital Management, Llc | 2023-12-31 | 225.1 K | |
| Northern Trust Corp | 2023-12-31 | 198.1 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 174.6 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 124.1 K | |
| Blackrock Inc | 2023-12-31 | 1.2 M | |
| Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.2 M |
Ingles Markets Historical Income Statement
Ingles Markets Incorporated Income Statement is one of the three primary financial statements used for reporting Ingles's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ingles Markets rporated revenue and expense. Ingles Markets Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Ingles Markets' Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.7 B, whereas Depreciation And Amortization is forecasted to decline to about 68.2 M. View More FundamentalsIngles Stock Against Markets
Picking the right benchmark for Ingles Markets stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ingles Markets stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ingles Markets is critical whether you are bullish or bearish towards Ingles Markets Incorporated at a given time. Please also check how Ingles Markets' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Ingles Markets without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
Ingles Markets Corporate Directors
Ingles Markets corporate directors refer to members of an Ingles Markets board of directors. The board of directors generally takes responsibility for the Ingles Markets' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ingles Markets' board members must vote for the resolution. The Ingles Markets board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Fred Ayers | Independent Director | Profile | |
| Ernest Ferguson | Director | Profile | |
| Brenda Tudor | Director | Profile | |
| Laura Sharp | Director | Profile |
How to buy Ingles Stock?
Before investing in Ingles Markets, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ingles Markets. To buy Ingles Markets stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ingles Markets. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ingles Markets stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ingles Markets Incorporated stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ingles Markets Incorporated stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ingles Markets Incorporated, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ingles Stock please use our How to Invest in Ingles Markets guide.
Already Invested in Ingles Markets Incorporated?
The danger of trading Ingles Markets Incorporated is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ingles Markets is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ingles Markets. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ingles Markets rporated is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ingles Markets rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ingles Markets' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ingles Markets Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ingles Markets Incorporated Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Ingles Markets Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Ingles Stock analysis
When running Ingles Markets' price analysis, check to measure Ingles Markets' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ingles Markets is operating at the current time. Most of Ingles Markets' value examination focuses on studying past and present price action to predict the probability of Ingles Markets' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingles Markets' price. Additionally, you may evaluate how the addition of Ingles Markets to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency |
Is Ingles Markets' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ingles Markets. If investors know Ingles will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ingles Markets listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Dividend Share 0.66 | Earnings Share 9.73 | Revenue Per Share 309.593 | Quarterly Revenue Growth (0.01) |
The market value of Ingles Markets rporated is measured differently than its book value, which is the value of Ingles that is recorded on the company's balance sheet. Investors also form their own opinion of Ingles Markets' value that differs from its market value or its book value, called intrinsic value, which is Ingles Markets' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ingles Markets' market value can be influenced by many factors that don't directly affect Ingles Markets' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ingles Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingles Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingles Markets' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.