Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Ingles Markets Inc (NASDAQ: IMKTA) improved during the last several trading days. IMKTA’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
Ingles Markets Inc (NASDAQ: IMKTA) stock closed at $62.38 on 1/10/25 after a decline of -2.5%. NORMAL trading volume accompanied the decline. The stock has declined -3.2% during the last week and 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 B (Positive). This VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Ingles Markets has a good Appreciation Score of 84 but a neutral Power Rating of 43, with the Positive Value Trend Rating the result.
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