For its first fiscal quarter (ending December 31), Ingles Markets Inc (NASDAQ: IMKTA) has reported a -62% decline in E.P.S. from $2.28 a year ago to $0.87 in the current quarter. For the latest four quarters through December 31, E.P.S. were $4.14 compared to $9.72 a year ago — a decline of -57%.
Recent Price Action
Ingles Markets Inc (NASDAQ: IMKTA) stock closed at $66.47 on 2/6/25 after a modest decline of -1.5%. However, trading volume in this decline was below average at 78% of normal. The stock has declined -1.2% 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 C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Ingles Markets has a good Appreciation Score of 84 but a neutral Power Rating of 42, resulting in the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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