Should you buy Ingles Markets, Incorporated stock? (NasdaqGS:IMKTA). Let's see how it does in our automated value investing analysis system.
(Ingles Markets, Incorporated stock price per share)
||IMKTA Fair Price
(based on intrinsic value)
|IMKTA Safety Price (based on a variable margin of safety)||$77.58|
|PE Ratio versus Sector||36% lower than other Consumer Goods stocks|
|PE Ratio versus Industry||47% lower than other Grocery Stores stocks|
|Free Cash Flow Jitter||34%|
|Dividend Yield||1%||Shares Shorted||462,726|
This stock has short interest! This means that people have shorted it.
Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.
As of the latest analysis, there are 462,726 shares shorted. With 14,348,732 shares available for purchase and an average trading volume over the past 10 trading days of 68,220, it would take at least 6.783 days for all of the short holders to cover their shorts.
We believe that Ingles Markets, Incorporated may be worth examining further. It's making money, which is a very positive sign. Is it on sale?
Ingles Markets, Incorporated looks like a price in the fair value range. Based on our analysis—if the company keeps making money the way it has been—you could be looking at a good stock. See Before You Buy for your next steps.
Does Ingles Markets, Incorporated have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.
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