Ingles Markets Stock News

We are revising our model after stellar December quarter results. Our new target price of $120 represents a 42% upside potential.

Ingles Markets ( IMKTA , Financial) is different than most other grocery stores chains because it owns (rather than leases or rents) its properties. Ideally, as the business inside continues to be goo

December Quarter +31% YoY EPS, +17% net sales. Increase our target price to $110 from $90 earlier which represents a 34% upside potential.

Ingles Markets press release (IMKTA): FQ1 GAAP EPS of $3.48.Revenue of $1.39B (+16.8% Y/Y).Shares -1.8% PM.

Ingles Markets continues to grow its top and bottom lines at a nice clip despite not growing its store count to any material degree.

Some of the stocks that may grab investor focus today are: Wall Street expects Cal-Maine Foods, Inc. (NASDAQ: CALM) to report quarterly earnings at $0.27 per share on revenue of $390.20 million afte

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(RTTNews) - Ingles Markets, Incorporated (IMKTA), an American grocer, reported a rise in its net income for the fourth quarter, driven by a rise revenue and decline in interest expenses. For the 13-week period ended in September, the Black Mountain-headquartered company posted a net income of $71.74 million or $3.78 per Class A share, compared

Millennium Management LLC raised its holdings in shares of Ingles Markets, Incorporated (NASDAQ:IMKTA) by 11.5% during the second quarter, HoldingsChannel.com reports. The firm owned 86,909 shares of the companys stock after buying an additional 8,992 shares during the period. Millennium Management LLCs holdings in Ingles Markets were worth $5,064,000 as of its most recent SEC []

Shares of Ingles Markets, Incorporated (NASDAQ:IMKTA) reached a new 52-week high during trading on Monday . The company traded as high as $78.42 and last traded at $78.42, with a volume of 1 shares trading hands. The stock had previously closed at $77.61. The businesss 50-day moving average price is $68.44 and its 200 day []

Balyasny Asset Management LLC cut its position in shares of Ingles Markets, Incorporated (NASDAQ:IMKTA) by 5.3% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 12,551 shares of the companys stock after selling 701 shares during the period. Balyasny Asset Management LLCs holdings in Ingles Markets were worth $731,000 at the end of the most []

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents

June Quarter +22% EPS, record quarterly revenue and earnings. We see a 42% upside from current stock price, with stock already having appreciated 80% since our initial recommendation.

ASHEVILLE, N.C.--(BUSINESS WIRE)---- $IMKTA--Ingles Markets, Incorporated (NASDAQ: IMKTA) today announced that its Board of Directors has declared a cash dividend of $0.165 (sixteen and one-half cents