Ingles Markets Incorporated
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $75.12
- Today's High:
- $76.045
- Open Price:
- $75.28
- 52W Low:
- $73.38
- 52W High:
- $102.4222
- Prev. Close:
- $75
- Volume:
- 77093
Company Statistics
- Market Cap.:
- $1.43 billion
- Book Value:
- 74.091
- Revenue TTM:
- $5.76 billion
- Operating Margin TTM:
- 5.49%
- Gross Profit TTM:
- $1.42 billion
- Profit Margin:
- 3.96%
- Return on Assets TTM:
- 8.54%
- Return on Equity TTM:
- 17.59%
Company Profile
Ingles Markets Incorporated had its IPO on 1990-03-26 under the ticker symbol IMKTA.
The company operates in the Consumer Defensive sector and Grocery Stores industry. Ingles Markets Incorporated has a staff strength of 10,920 employees.
Stock update
Shares of Ingles Markets Incorporated opened at $75.28 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $75.12 - $76.05, and closed at $75.17.
This is a +0.23% increase from the previous day's closing price.
A total volume of 77,093 shares were traded at the close of the day’s session.
In the last one week, shares of Ingles Markets Incorporated have slipped by -3.53%.
Ingles Markets Incorporated's Key Ratios
Ingles Markets Incorporated has a market cap of $1.43 billion, indicating a price to book ratio of 1.4947 and a price to sales ratio of 0.3154.
In the last 12-months Ingles Markets Incorporated’s revenue was $5.76 billion with a gross profit of $1.42 billion and an EBITDA of $432.07 million. The EBITDA ratio measures Ingles Markets Incorporated's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Ingles Markets Incorporated’s operating margin was 5.49% while its return on assets stood at 8.54% with a return of equity of 17.59%.
In Q2, Ingles Markets Incorporated’s quarterly earnings growth was a negative -28.8% while revenue growth was a negative 1.7%.
Ingles Markets Incorporated’s PE and PEG Ratio
- Forward PE
- 9.0253
- Trailing PE
- 6.2741
- PEG
- 0.8851
Its diluted EPS in the last 12-months stands at $12.02 per share while it has a forward price to earnings multiple of 9.0253 and a PEG multiple of 0.8851. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Ingles Markets Incorporated’s profitability.
Ingles Markets Incorporated stock is trading at a EV to sales ratio of 0.3923 and a EV to EBITDA ratio of 4.4509. Its price to sales ratio in the trailing 12-months stood at 0.3154.
Ingles Markets Incorporated stock pays annual dividends of $0.66 per share, indicating a yield of 0.88% and a payout ratio of 5.46%.
Balance sheet and cash flow metrics
- Total Assets
- $2.41 billion
- Total Liabilities
- $313.19 million
- Operating Cash Flow
- $-45620337.00
- Capital Expenditure
- $45.74 million
- Dividend Payout Ratio
- 5.46%
Ingles Markets Incorporated ended 2024 with $2.41 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.41 billion while shareholder equity stood at $1.41 billion.
Ingles Markets Incorporated ended 2024 with $69.27 million in deferred long-term liabilities, $313.19 million in other current liabilities, 949719.00 in common stock, $1.40 billion in retained earnings and $0 in goodwill. Its cash balance stood at $280.75 million and cash and short-term investments were $280.75 million. The company’s total short-term debt was $17,529,000 while long-term debt stood at $535.91 million.
Ingles Markets Incorporated’s total current assets stands at $896.70 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $100.82 million compared to accounts payable of $203.83 million and inventory worth $481.96 million.
In 2024, Ingles Markets Incorporated's operating cash flow was $-45620337.00 while its capital expenditure stood at $45.74 million.
Comparatively, Ingles Markets Incorporated paid $0.05 in dividends in 2024.
Other key metrics
- Current Trading Price
- $75.17
- 52-Week High
- $102.4222
- 52-Week Low
- $73.38
- Analyst Target Price
- $
Ingles Markets Incorporated stock is currently trading at $75.17 per share. It touched a 52-week high of $102.4222 and a 52-week low of $102.4222. Analysts tracking the stock have a 12-month average target price of $.
Its 50-day moving average was $81.79 and 200-day moving average was $88.48 The short ratio stood at 3.58 indicating a short percent outstanding of 0%.
Around 130.1% of the company’s stock are held by insiders while 8357.2% are held by institutions.
Frequently Asked Questions About Ingles Markets Incorporated
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About
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. It operates under the brand names Ingles, Sav-Mor, as well as pharmacies and fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.