For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, Ingram Micro Holding Corp (NYSE: INGM) closed at $15.31 down -6.76% from its previous closing price of $16.42. In other words, the price has decreased by -$6.76 from its previous closing price. On the day, 1.01 million shares were traded. INGM stock price reached its highest trading level at $15.735 during the session, while it also had its lowest trading level at $14.94.
Ratios:
For a deeper understanding of Ingram Micro Holding Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 0.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on January 16, 2025, Upgraded its rating to Overweight and sets its target price to $27 from $25 previously.
On November 26, 2024, Melius started tracking the stock assigning a Hold rating and target price of $26.
On November 20, 2024, JP Morgan started tracking the stock assigning a Neutral rating and target price of $28.JP Morgan initiated its Neutral rating on November 20, 2024, with a $28 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 3595186176 and an Enterprise Value of 6606017024. As of this moment, Ingram’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.61, and their Forward P/E ratio for the next fiscal year is 4.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.07 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 0.138 whereas that against EBITDA is 6.318.
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 -25.24%, while the 200-Day Moving Average is calculated to be -28.54%.
Shares Statistics:
For the past three months, INGM has traded an average of 381.73K shares per day and 623000 over the past ten days. A total of 234.83M shares are outstanding, with a floating share count of 21.19M. Insiders hold about 90.98% of the company’s shares, while institutions hold 10.21% stake in the company. Shares short for INGM as of 1741910400 were 1373431 with a Short Ratio of 4.56, compared to 1739491200 on 1046685. Therefore, it implies a Short% of Shares Outstanding of 1373431 and a Short% of Float of 6.17.
Dividends & Splits
According to the company, the forward annual dividend rate for INGM is 0.07, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0
