Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Ingles Markets Inc (NASDAQ: IMKTA) weakened during the last several trading days. IMKTA’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Ingles Markets Inc (NASDAQ: IMKTA) stock closed at $62.86 on 3/7/25 after a large increase of 2.2%. NORMAL trading volume accompanied the advance. The stock has risen 1.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Ingles Markets has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Ingles Markets has a good Appreciation Score of 84 but a slightly negative Power Rating of 40, triggering the High Neutral Value Trend Rating.
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