At the time of writing, Ingram Micro Holding Corp [INGM] stock is trading at $21.85, down -3.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The INGM shares have gain 10.69% over the last week, with a monthly amount glided 3.80%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Ingram Micro Holding Corp [NYSE: INGM] stock has seen the most recent analyst activity on January 16, 2025, when Morgan Stanley upgraded its rating to a Overweight and also boosted its price target to $27 from $25. Previously, Melius started tracking the stock with Hold rating on November 26, 2024, and set its price target to $26. On November 20, 2024, JP Morgan initiated with a Neutral rating and assigned a price target of $28 on the stock. William Blair started tracking the stock assigning a Outperform rating. Stifel initiated its recommendation with a Buy and recommended $28 as its price target on November 18, 2024. Redburn Atlantic started tracking with a Buy rating for this stock on November 18, 2024, and assigned it a price target of $30. In a note dated November 18, 2024, RBC Capital Mkts initiated an Outperform rating and provided a target price of $26 on this stock.
For the past year, the stock price of Ingram Micro Holding Corp fluctuated between $18.90 and $25.69. Currently, Wall Street analysts expect the stock to reach $27.5 within the next 12 months. Ingram Micro Holding Corp [NYSE: INGM] shares were valued at $21.85 at the most recent close of the market. An investor can expect a potential return of 25.86% based on the average INGM price forecast.
Analyzing the INGM fundamentals
According to Ingram Micro Holding Corp [NYSE:INGM], the company’s sales were 47.66B for trailing twelve months, which represents an -1.36% plunge. Gross Profit Margin for this corporation currently stands at 0.07% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.09 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.19.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 21.36 points at the first support level, and at 20.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.68, and for the 2nd resistance point, it is at 23.52.
Ratios To Look Out For
It is important to note that Ingram Micro Holding Corp [NYSE:INGM] has a current ratio of 1.40. On the other hand, the Quick Ratio is 0.96, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 1.42 and price to earnings (TTM) ratio is 16.15.
Transactions by insiders
Recent insider trading involved PLATINUM EQUITY, LLC, 10% Owner, that happened on Nov 04 ’24 when 2.79 million shares were sold. 10% Owner, PLATINUM EQUITY, LLC completed a deal on Oct 25 ’24 to sell 7.0 million shares. Meanwhile, Director COOK CHRISTIAN B bought 46000.0 shares on Oct 25 ’24.
