While Ingram Micro Holding Corp has overperformed by 3.73%, investors are advised to look at stock chart patterns for technical insight.
On January 16, 2025, Morgan Stanley Upgraded Ingram Micro Holding Corp (NYSE: INGM) to Overweight. A report published by Melius on November 26, 2024, Initiated its previous ‘Hold’ rating for INGM. JP Morgan also rated INGM shares as ‘Neutral’, setting a target price of $28 on the company’s shares in an initiating report dated November 20, 2024. Stifel initiated its ‘Buy’ rating for INGM, as published in its report on November 18, 2024. Redburn Atlantic’s report from November 18, 2024 suggests a price prediction of $30 for INGM shares, giving the stock a ‘Buy’ rating. RBC Capital Mkts also rated the stock as ‘Outperform’.
Analysis of Ingram Micro Holding Corp (INGM)
Further, the quarter-over-quarter decrease in sales is -1.36%, showing a negative trend in the upcoming months.
Ingram Micro Holding Corp’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 9.28% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.96, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and INGM has an average volume of 483.92K. On a monthly basis, the volatility of the stock is set at 4.47%, whereas on a weekly basis, it is put at 5.19%, with a gain of 10.19% over the past seven days. Furthermore, long-term investors anticipate a median target price of $27.62, showing growth from the present price of $22.82, which can serve as yet another indication of whether INGM is worth investing in or should be passed over.
How Do You Analyze Ingram Micro Holding Corp Shares?
Information Technology Services giant Ingram Micro Holding Corp (INGM) is based in the USA and is one of the largest companies in the market. When comparing Ingram Micro Holding Corp shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 16.87, there is a growth in quarterly earnings of -11.31%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 90.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 0.00% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
INGM shares are owned by institutional investors to the tune of 0.00% at present.
