Analyst Ratings for Ingles Markets Inc. Cl A (IMKTA)

Updated: 2017-07-28

Shares of Ingles Markets Inc. Cl A (NASDAQ:IMKTA) have received a consensus rating of Buy from Wall Street analysts. IMKTA had previously received a consensus rating of Buy a month ago.

1 analysts declared IMKTA a buy, 0 issued an overweight rating, 0 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has increased by 0.

A number of analysts gave price targets for IMKTA. The most optimistic price target was , implying a possible profit of -100 percent. The lowest price target was , implying potential capital losses of -100 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

IMKTA has an estimated earnings growth rate of 2.64 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. IMKTA has a PEG ratio of 4.56.

IMKTA has a 52-week high of 52.40 and a 52-week low of 28.42. Today's price is 5.21 percent above the 52-week low, and 42.94 percent below the high. IMKTA has a price/earnings ratio of 12.04. Investors typically compare the P/E ratio to a company's peers in the industry. The IMKTA value stock report compares IMKTA to some of its peers using value stock charts. The stock has a market capitalization of $0.58882 billion. IMKTA will post this quarters earnings in days, on 0000-00-00.