The Technical Analyst
Ingles Markets Inc [IMKTA]
Exchange: NASDAQ Sector: Consumer Defensive Industry: Grocery Stores
Ingles Markets Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
Current Signal: SELL (auto-tracking)
-0.18% $72.73
America/New_York / 26 apr 2024 @ 11:51
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 1 352.01 mill |
| EPS: | 9.73 |
| P/E: | 7.47 |
| Earnings Date: | May 02, 2024 |
| SharesOutstanding: | 18.59 mill |
| Avg Daily Volume: | 0.0850 mill |
| RATING 2024-04-25 |
|---|
| A- |
| Buy |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Buy | |
| Return On Equity: | Neutral | |
| Return On Asset: | Buy | |
| DE: | Neutral | |
| P/E: | Neutral | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.76x |
| Company: PE 7.47 | sector: PE 9.79 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE 7.47 | industry: PE -1.887 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$160.59 (120.81%) $87.86 |
| Date: 2024-04-26 |
| Expected Trading Range (DAY) |
|---|
|
$ 71.29 - 74.09 ( +/- 1.93%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-03-28 | Ingle Sharp Laura | Sell | 4 000 | Class A Common Stock |
| 2024-03-25 | Ingle Sharp Laura | Sell | 2 000 | Class A Common Stock |
| 2024-03-21 | Ingle Sharp Laura | Sell | 2 000 | Class A Common Stock |
| 2024-03-20 | Ingle Sharp Laura | Sell | 2 000 | Class A Common Stock |
| 2024-03-04 | Ingle Sharp Laura | Sell | 4 000 | Class A Common Stock |
| INSIDER POWER |
|---|
| -34.82 |
| Last 96 transactions |
| Buy: 1 585 609 | Sell: 2 038 214 |
Forecast:
13:30 - $72.40
Live Trading Signals (every 1 min)
Forecast
1: 12:00 - $72.67
Forecast 2: 12:50 - $72.56
Forecast 3: 13:30 - $72.40
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $72.73 (-0.18% ) |
| Volume | 0.0158 mill |
| Avg. Vol. | 0.0850 mill |
| % of Avg. Vol | 18.60 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For IMKTA
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % | Feb 8 - 15:35 | sell | $81.35 | N/A | Active |
|---|
IMKTA
Ingles Markets, Incorporated 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 also 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. As of September 25, 2021, the company operated 189 supermarkets under the brand name Ingles, and nine supermarkets under the brand name Sav-Mor in western North Carolina, western South Carolina, northern Georgia, eastern Tennessee, southwestern Virginia, and northeastern Alabama, as well as 111 pharmacies and 107 fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.
Latest Press Releases
2024-02-08 07:30:00 - Press Release
Ingles Markets, Incorporated Reports Results For First Quarter Fiscal 2024
Asheville, n.c.--(business wire)---- $imkta--ingles markets, incorporated (nasdaq: imkta) today reported results for the three months ended december 30, 2023. robert p. ingle ii, chairman of the board, stated, “during the quarter, we remained focused on providing service and value to our customers. we are grateful to our associates for their continued dedication and service.” first quarter 2024 results net sales totaled $1.48 billion for the quarter ended december 30, 2023, a decrease of 0.8% compared wit.
2024-01-02 11:00:00 - Press Release
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Asheville, n.c.--(business wire)---- $imkta--ingles markets, incorporated (nasdaq: imkta) today announced that its board of directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its class a common stock and $0.15 (fifteen cents) per share on all its class b common stock. this is an annual rate of $0.66 and $0.60 per share, respectively. dividends on both the class a and class b common stock are payable january 19, 2024, to all shareholders of record on january 12,.
2023-11-29 07:30:00 - Press Release
Ingles Markets, Incorporated Reports Results For Fourth Quarter And Fiscal Year 2023
Asheville, n.c.--(business wire)---- $imkta--ingles markets, incorporated (nasdaq: imkta) today reported results for the three and twelve months ended september 30, 2023. robert p. ingle ii, chairman of the board, stated, “we are happy to report results for the quarter and year-end. we continue to thank our associates for the dedication and hard work they provide to serve our customers.” fourth quarter results net sales totaled $1.58 billion for the quarter ended september 30, 2023, compared with $1.45 bi.
2023-10-02 11:00:00 - Press Release
Ingles Markets, Incorporated Declares Quarterly Cash Dividend
Asheville, n.c.--(business wire)---- $imkta--ingles markets, incorporated (nasdaq: imkta) today announced that its board of directors has declared a cash dividend of $0.165 (sixteen and one-half cents) per share on all its class a common stock and $0.15 (fifteen cents) per share on all its class b common stock. this is an annual rate of $0.66 and $0.60 per share, respectively. dividends on both the class a and class b common stock are payable october 19, 2023, to all shareholders of record on october 12,.
2023-08-03 07:30:00 - Press Release
Ingles Markets, Incorporated Reports Results For Third Quarter And First Nine Months Of Fiscal 2023
Asheville, n.c.--(business wire)---- $imkta--ingles markets, incorporated (nasdaq: imkta) today reported results for the three and nine months ended june 24, 2023. robert p. ingle ii, chairman of the board, stated, “it is our goal to provide the best customer experience with fresh quality products at affordable prices. we appreciate our customers and associates for their continued dedication and loyalty.” third quarter results net sales totaled $1.43 billion for the quarter ended june 24, 2023, compared w.
Latest News
2024-03-28 06:45:00 - InvestorPlace
7 Value Stocks to Buy at a 52-Week Low in March
When it comes to finding the best value stocks to buy, sometimes you have to go against the grain. That is, dive into stocks that have fallen out of favor with the market, to assess whether investor sentiment is on the money, or an overreaction.
2024-01-04 00:16:33 - Seeking Alpha
Ingles Markets: Store Renovation And Undervalued Supermarket Business
Ingles Markets reports merchandising activities financed by vendors and a decrease in net debt/EBITDA ratio. The company's expansion plan, growth in the prepared food market, loyalty programs, and apps could bring new sales growth. The apps promoted in Google Play and the Apple Store could also enhance the shopping experience of clients.
2024-01-03 01:46:00 - Seeking Alpha
Ingles Markets: Still Low-Risk And Cheap
Ingles Markets' H2/FY2023 results show solid performance, as margins have been sustained at a great level with mostly stable revenues. After my previous write-up, the stock has remained relatively flat despite earnings above my expectations. The stock still seems to have a great undervaluation, as my DCF model estimates a very good amount of upside.
2023-08-01 10:50:14 - Seeking Alpha
Ingles Markets Seems Like A Low-Risk Pick
Ingles Markets is a United States-based company operating supermarkets as well as pharmacies and fuel stations. The company has maintained minimally growing revenues with steady margin, although the company's operating margin is currently above a sustainable level. Ingles Markets is a low-risk stock, as supermarket revenues are highly recession-proof.
2023-07-18 16:32:24 - InvestorPlace
Bargain Hunting: 7 Value Stocks That Are Priced to Buy Now
While it's not hard to find scorching hot enterprises in relevant sectors (such as artificial intelligence), their rich premiums tend to incentivize a contrarian pivot toward the top value stocks to buy. According to Investopedia, a value stock represents shares of an enterprise that seemingly trade at a lower price relative to fundamental metrics, typically earnings or sales.
2023-05-13 06:02:16 - Seeking Alpha
Ingles Markets: Hidden Quality In This Regional Grocer
IMKTA is a regional grocer that has seen a new level of operating quality since the pandemic. The company won't be growing store count at all, but you don't need that in order to make money from the stock right now.
2023-05-08 01:26:34 - Seeking Alpha
Ingles Markets: Still Attractive Despite Recent Weakness
Recently, shares of Ingles Markets came under pressure, in large part because of bottom line weakness. This may deter some investors from buying into the retail chain, but shares still look cheap even if we assume this weakness will continue.
2023-04-25 12:58:12 - GuruFocus
3 Consumer Defensive Stocks That Fit Graham's Lost Formula
With all the uncertainty in the market due to high inflation, rising interest rates and a potential recession, not to mention ongoing geopolitical conflicts and the recent banking scare, many investors are looking for stocks that perform well in all types of economic environments.
2023-01-08 04:42:52 - Seeking Alpha
Ingles Markets Still Has Room To Run
Ingles Markets has been a solid play relative to the broader market, with sales and cash flows increasing. Profits have struggled a bit, but the overall health of the company looks to be intact.
2022-10-27 13:33:46 - Seeking Alpha
Ingles Markets: Still Drastically Undervalued
Ingles Markets continues to fare well compared to the broader market, but this doesn't change the fact that the business appears robust. Growth continues, but we have seen a bit of weakness on the bottom line.