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.

Several price targets were given for IMKTA by the analysts covering the stock. The highest price target was , which equates to a potential upside of -100 percent. The most pessimistic price target was , which equates to a potential downside of -100 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of IMKTA to grow at a rate of 2.64 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. IMKTA has a PEG ratio of 4.56.

In the trailing 52-weeks, IMKTA hit 52.40 at the highest peak, while it's lowest trading point was 28.42. Currently the stock is 5.21 percent higher than its 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.