Ingles Markets (IMKTA) Posts Earnings Results

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Ingles Markets (NASDAQ:IMKTA) released its quarterly earnings data on Friday. The company reported $0.91 EPS for the quarter, MarketWatch Earnings reports. Ingles Markets had a net margin of 2.38% and a return on equity of 16.76%.

Ingles Markets stock opened at $28.82 on Friday. Ingles Markets has a one year low of $26.51 and a one year high of $37.65. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.96 and a quick ratio of 0.50. The stock has a market cap of $569.28 million, a PE ratio of 10.83, a price-to-earnings-growth ratio of 0.92 and a beta of 0.47.

A number of research firms have issued reports on IMKTA. Zacks Investment Research cut Ingles Markets from a “hold” rating to a “sell” rating in a report on Wednesday, August 15th. BidaskClub upgraded Ingles Markets from a “hold” rating to a “buy” rating in a report on Friday, August 24th.

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Ingles Markets Company Profile

Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. Its supermarkets offer various food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, such as fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items.

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Earnings History for Ingles Markets (NASDAQ:IMKTA)

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