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As of close of business last night, Ingram Micro Holding Corp’s stock clocked out at $18.88, down -1.82% from its previous closing price of $19.23. In other words, the price has decreased by -$1.82 from its previous closing price. On the day, 0.9 million shares were traded. INGM stock price reached its highest trading level at $19.265 during the session, while it also had its lowest trading level at $18.47.
Ratios:
To gain a deeper understanding of INGM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.80. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.88.
On January 16, 2025, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $25 to $27.
On November 26, 2024, Melius started tracking the stock assigning a Hold rating and target price of $26.Melius initiated its Hold rating on November 26, 2024, with a $26 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 04 ’24 when PLATINUM EQUITY, LLC sold 2,790,000 shares for $22.00 per share. The transaction valued at 61,380,000 led to the insider holds 210,952,854 shares of the business.
PLATINUM EQUITY, LLC sold 7,000,000 shares of INGM for $154,000,000 on Oct 25 ’24. The 10% Owner now owns 213,742,854 shares after completing the transaction at $22.00 per share. On Oct 25 ’24, another insider, COOK CHRISTIAN B, who serves as the Director of the company, bought 46,000 shares for $22.00 each. As a result, the insider paid 1,012,000 and bolstered with 46,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INGM now has a Market Capitalization of 4515907072 and an Enterprise Value of 7513706496. As of this moment, Ingram’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.87, and their Forward P/E ratio for the next fiscal year is 5.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 1.15. Its current Enterprise Value per Revenue stands at 0.154 whereas that against EBITDA is 7.088.
Stock Price History:
Over the past 52 weeks, INGM has reached a high of $25.69, while it has fallen to a 52-week low of $14.25. The 50-Day Moving Average of the stock is -6.45%, while the 200-Day Moving Average is calculated to be -8.50%.
Shares Statistics:
It appears that INGM traded 378.11K shares on average per day over the past three months and 454630 shares per day over the past ten days. A total of 234.83M shares are outstanding, with a floating share count of 21.31M. Insiders hold about 90.92% of the company’s shares, while institutions hold 11.47% stake in the company. Shares short for INGM as of 1752537600 were 1791853 with a Short Ratio of 4.74, compared to 1749772800 on 1442661. Therefore, it implies a Short% of Shares Outstanding of 1791853 and a Short% of Float of 8.05.
Dividends & Splits
With its trailing 12-month dividend rate of 0.074, INGM has a forward annual dividend rate of 0.15. Against a Trailing Annual Dividend Yield of 0.003848154
Earnings Estimates
Currently, 11.0 analysts are dedicated to thoroughly evaluating and rating the performance of Ingram Micro Holding Corp (INGM) in the stock market.The consensus estimate for the next quarter is $0.92, with high estimates of $1.01 and low estimates of $0.87.
Analysts are recommending an EPS of between $3.1 and $2.75 for the fiscal current year, implying an average EPS of $2.83. EPS for the following year is $3.28, with 12.0 analysts recommending between $3.65 and $3.09.
Revenue Estimates
In the current quarter, 12 analysts expect revenue to total $12.21B. It ranges from a high estimate of $12.45B to a low estimate of $12.1B. As of the current estimate, Ingram Micro Holding Corp’s year-ago sales were $11.76BFor the next quarter, 12 analysts are estimating revenue of $13.62B. There is a high estimate of $14.08B for the next quarter, whereas the lowest estimate is $13.15B.
A total of 14 analysts have provided revenue estimates for INGM’s current fiscal year. The highest revenue estimate was $51.07B, while the lowest revenue estimate was $49.68B, resulting in an average revenue estimate of $50.26B. In the same quarter a year ago, actual revenue was $47.98BBased on 14 analysts’ estimates, the company’s revenue will be $51.77B in the next fiscal year. The high estimate is $53.86B and the low estimate is $50.53B.
