Ingles Markets, Incorporated Stock Price and Value Analysis

Should you buy Ingles Markets, Incorporated stock? (NasdaqGS:IMKTA). Let's see how it does in our automated value investing analysis system.

AdvantagesDisadvantages
  • This company has fluctuating growth.
  • This stock is on sale.
  • This company is solid.
  • This company has a low dividend yield.
  • This company is making money at a modest rate.

Inside the IMKTA Numbers

IMKTA Price
(Ingles Markets, Incorporated stock price per share)
$78.36
[?] IMKTA Fair Price
(based on intrinsic value)
$119.36
[?] IMKTA Safety Price (based on a variable margin of safety) $77.58
[?] PE Ratio versus Sector 49% lower than other Consumer Goods stocks
[?] PE Ratio versus Industry 58% lower than other Grocery Stores stocks
[?] Cash Yield 10.21%
[?] Free Cash Flow Jitter 34%
[?] Dividend Yield 1%
Shares Shorted 1,323,424

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 1,323,424 shares shorted. With 14,218,620 shares available for purchase and an average trading volume over the past 10 trading days of 114,520, it would take at least 11.556 days for all of the short holders to cover their shorts.

What does this mean to you? At this volume, it'll take more than two trading weeks for shorts to cover. This may indicate a short squeeze play would work! If this stock has good fundamentals and it'll take a while for the short holders to cover, buying now could net you bigger short-term technical gains if and as the price rises.

Is Ingles Markets, Incorporated Stock on Sale?

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.

Should You Buy IMKTA Stock?

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.