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 analyst gave a price target of , implying a possible profit of -100 percent. The most pessimistic price target was , implying a possible loss 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.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is 0 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of IMKTA's earnings is estimated by analysts to be 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, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of IMKTA is 4.56.

In the last 52-weeks, IMKTA has achieved a high of 52.40 and a low of 28.42. Currently the stock is 5.21 percent higher than its low, and 42.94 percent below the high. IMKTA has a P/E 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's next earnings release will be on 0000-00-00, which is days away.