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IMKTA Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
86.895
Open
85.780
VWAP
86.04
Vol
98.64K
Mkt Cap
1.64B
Low
84.610
Amount
8.49M
EV/EBITDA(TTM)
7.02
Total Shares
18.99M
EV
1.80B
EV/OCF(TTM)
7.61
P/S(TTM)
0.30
Ingles Markets, Incorporated is a grocer with operations in six southeastern states. The Company, in conjunction with its supermarket operations, operates neighborhood shopping centers, most of which contain an Ingles supermarket. It owns a fluid dairy facility that supplies its supermarkets and unaffiliated customers. Its supermarkets offer customers a variety of nationally advertised food products, including grocery, meat and dairy products, produce, frozen foods and other perishables and non-food products. Its non-food products include fuel centers, pharmacies, health/beauty/cosmetic products and general merchandise, and quality private label items. It focuses on selling products to its customers through the development of certified organic products, bakery departments and prepared foods, including delicatessen sections. It operates a total of approximately 194 supermarkets in North Carolina (72), Georgia (64), South Carolina (35), Tennessee (21), Virginia (one) and Alabama (one).
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Events Timeline

(ET)
2026-05-07
07:40:00
Company Reports Q2 Revenue of $1.31B
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2026-04-30 (ET)
2026-04-30
10:20:00
Summer Road Nominee Elected to Ingles Markets Board
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2026-04-20 (ET)
2026-04-20
06:40:00
Summer Road Nominates Rory A. Held to Ingles Markets Board
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2026-04-17 (ET)
2026-04-17
06:50:00
Summer Road Responds to Ingles Markets' Misleading Statements
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2026-04-16 (ET)
2026-04-16
08:20:00
Ingles Markets Responds to Misleading Claims by Summer Road
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2026-04-13 (ET)
2026-04-13
08:10:00
Ingles Markets Urges Shareholders to Vote for Director Nominations
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2026-04-10 (ET)
2026-04-10
08:11:00
Ingles Markets Releases Shareholder Meeting Materials Revealing Sackler Family's Concealed Information
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2026-04-01 (ET)
2026-04-01
08:10:00
Summer Road Nominates Rory A. Held to Ingles Markets Board
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News

seekingalpha
9.5
05-07seekingalpha
Ingles Markets Reports Strong Q2 Earnings with Increased Revenue and Profit
  • Profitability Improvement: Ingles Markets reported a GAAP EPS of $1.28 for Q2, indicating a significant enhancement in profitability, reflecting the company's robust performance in a competitive market environment.
  • Revenue Growth: The company achieved revenue of $1.31 billion in Q2, demonstrating continued sales growth compared to the previous year, further solidifying its market position.
  • Gross Margin Improvement: Gross profit reached $325.3 million, or 24.9% of sales, an increase from 23.4% in the same quarter last year, indicating success in cost control and pricing strategies.
  • Stable Expense Management: Operating and administrative expenses were relatively flat at $291.2 million, compared to $289.1 million last year, showcasing effective spending management that contributes to overall profitability.
Newsfilter
9.5
05-07Newsfilter
Ingles Markets Reports Strong Q2 Financial Results
  • Slight Sales Decline: Net sales for Q2 2026 totaled $1.31 billion, a 1.8% decrease from $1.33 billion in Q2 2025, indicating increased market competition, yet overall sales remain robust.
  • Gross Margin Improvement: The gross profit for Q2 reached $325.3 million, representing 24.9% of sales, up from 23.4% in Q2 2025, demonstrating effective cost control and pricing strategies.
  • Significant Net Income Growth: Net income for Q2 2026 was $24.3 million, a 61.5% increase from $15.1 million in Q2 2025, reflecting a substantial improvement in profitability and boosting investor confidence.
  • Reduced Capital Expenditures: Capital expenditures for the first half of 2026 totaled $53 million, down from $62 million in the same period of 2025, possibly indicating a cautious approach to expansion strategies.
seekingalpha
5.0
04-30seekingalpha
Ingles Markets Elects New Board Member Amid Proxy Battle
  • Shareholder Vote Outcome: Preliminary voting results indicate that Summer Road's nominee, Rory A. Held, was elected to the Ingles Markets board with approximately 62% support from outstanding shares, reflecting shareholder expectations for governance reform.
  • Shareholder Structure Change: With a ~3% stake in Class A common stock, Summer Road's influence in corporate governance is increasing, potentially driving strategic restructuring aimed at enhancing shareholder value.
  • Strategic Restructuring Advocacy: Held is expected to advocate for the separation of Ingles Markets into a standalone grocery company and a grocery-anchored real estate firm, which could significantly impact the company's long-term strategic direction and capital allocation.
  • Management Response: The Ingles Markets board has committed to serving the best interests of all stakeholders, emphasizing transparency and oversight of capital allocation in response to shareholder concerns about the company's future.
Newsfilter
5.0
04-30Newsfilter
Ingles Markets Announces Election Results from 2026 Annual Meeting
  • Board Election Results: At the 2026 Annual Meeting, Dwight Jacobs and Rory Held were elected as Class A directors, while Fred D. Ayers and six others were elected as Class B directors, indicating strong shareholder engagement in corporate governance.
  • Executive Compensation Approved: Shareholders approved the executive compensation plan on an advisory basis, reflecting trust in management and potentially enhancing operational efficiency and company performance.
  • Emphasis on Shareholder Engagement: The Ingles Board expressed appreciation for shareholder input, underscoring their commitment to serving all stakeholders, which indicates a focus on stakeholder relations and future growth.
  • Future Transparency: The company will report the final voting results certified by the Independent Inspector of Elections on Form 8-K to the SEC, ensuring transparency and maintaining shareholder trust, highlighting the company's commitment to compliance and transparent operations.
Newsfilter
5.0
04-30Newsfilter
Summer Road's Nominee Elected to Ingles Board with Strong Support
  • Shareholder Meeting Outcome: Summer Road LLC, holding approximately 3% of Ingles Markets' shares, announced that its nominee Rory A. Held was elected with about 62% support at the 2026 Annual Meeting, indicating a strong shareholder mandate for change.
  • Election Impact: Held's election not only reflects shareholder expectations for the company's future direction but also highlights the urgent need for improved transparency and oversight of capital allocation, potentially leading to enhanced governance structures.
  • Shareholder Support: Approximately 70% of the voting power participated in the election, demonstrating broad support for the transformative proposals put forth by Summer Road, thereby strengthening the decision-making capacity of the board.
  • Future Outlook: Held expressed commitment to collaborating with other board members to enhance governance, indicating a strong focus on improving operational efficiency and transparency within the company.
Newsfilter
9.0
04-27Newsfilter
Shareholders Urged to Support Rory A. Held for Board Election
  • Lack of Board Independence: The Ingles Board lacks a truly independent Class A shareholder representative, with half of its members being family or company executives, which undermines transparency and accountability in governance and fails to represent shareholder interests effectively.
  • Poor Capital Expenditure Decisions: The Board approved $1.5 billion in capital expenditures without meaningful improvements in operating income, reflecting a disregard for shareholder interests and exacerbating the trust crisis between shareholders and management.
  • Underperformance Metrics: Ingles has achieved only 4% EBITDA growth over the past decade and has consistently lagged behind peers, with Q1 2026 sales down 7.3% compared to two years ago, indicating persistent underperformance in market expansion and financial results.
  • Transparency Issues: Ingles has failed to meet the information needs of Class A shareholders, having ceased earnings calls since 2016, resulting in a disclosure level that is significantly lower than its peers, which has led to declining confidence in the company's strategy and capital allocation.

Valuation Metrics

The current forward P/E ratio for Ingles Markets Inc (IMKTA.O) is 8.64, compared to its 5-year average forward P/E of 8.04. For a more detailed relative valuation and DCF analysis to assess Ingles Markets Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
8.04
Current PE
8.64
Overvalued PE
8.76
Undervalued PE
7.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
Current EV/EBITDA
0.00
Overvalued EV/EBITDA
Undervalued EV/EBITDA

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PS
Current PS
0.00
Overvalued PS
Undervalued PS

Financials

AI Analysis
Annual
Quarterly

Whales Holding IMKTA

B
Bragg Financial Advisors, Inc.
Holding
IMKTA
+6.00%
3M Return
R
River Road Asset Management, LLC
Holding
IMKTA
-0.33%
3M Return

Trading Trends

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Frequently Asked Questions

What is Ingles Markets Inc (IMKTA) stock price today?

The current price of IMKTA is 86.6 USD — it has increased 0.96

What is Ingles Markets Inc (IMKTA)'s business?

Ingles Markets, Incorporated is a grocer with operations in six southeastern states. The Company, in conjunction with its supermarket operations, operates neighborhood shopping centers, most of which contain an Ingles supermarket. It owns a fluid dairy facility that supplies its supermarkets and unaffiliated customers. Its supermarkets offer customers a variety of nationally advertised food products, including grocery, meat and dairy products, produce, frozen foods and other perishables and non-food products. Its non-food products include fuel centers, pharmacies, health/beauty/cosmetic products and general merchandise, and quality private label items. It focuses on selling products to its customers through the development of certified organic products, bakery departments and prepared foods, including delicatessen sections. It operates a total of approximately 194 supermarkets in North Carolina (72), Georgia (64), South Carolina (35), Tennessee (21), Virginia (one) and Alabama (one).

What is the price predicton of IMKTA Stock?

Wall Street analysts forecast IMKTA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for IMKTA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Ingles Markets Inc (IMKTA)'s revenue for the last quarter?

Ingles Markets Inc revenue for the last quarter amounts to 1.37B USD, increased 6.59

What is Ingles Markets Inc (IMKTA)'s earnings per share (EPS) for the last quarter?

Ingles Markets Inc. EPS for the last quarter amounts to 1.48 USD, increased 70.11

How many employees does Ingles Markets Inc (IMKTA). have?

Ingles Markets Inc (IMKTA) has 25551 emplpoyees as of May 11 2026.

What is Ingles Markets Inc (IMKTA) market cap?

Today IMKTA has the market capitalization of 1.64B USD.