Powerpack

Unlock full stockrow access for only $7.9/month and boost yourself as an investor.

Watchlist

Keep track of companies that you follow and research.

10 Years of Data

Full access to our data with predictions and indicators that we calculate daily.

Screener

Full access to our screener with tons of custom values and customizable email notifications.

XLS Exports

Excel export of financials and screeners you define and save.

Ingles Markets, Incorporated IMKTA

Growth Flags show if company had growth for consecutive years ,
Insider Buys alert about insiders buying in the last 12 month

We limit data available in the Overview Report for users who do not have Powerpack

Get access to target analyst prices, predictions, compound annual growth rates and more than four years of historical data.

Insider Decisions

Total buys
0.04
in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy 1
Sell
Insider Ownership
23.88%

Capital & Financial Ratios

Market Cap
1,540.00
Revenue
5,417.59
Net Income
103.99
Free Cash Flow
150.31
Net Debt
47.10
Current Ratio
3.21
Debt/Equity
0.30
P/E ratio
14.80
P/S ratio
0.29
P/B ratio
0.93
Past 5Y EPS Growth
6.65%
This Y EPS Growth
Next Y EPS Growth
Next 5Y EPS Growth
14.50%
in millions of $

Dividends

Payout Ratio
0.05
Annual Dividend Rate
0.66
Annual Dividend Yield
0.81%
total individual payouts
2026 0.50
2025 0.66
2024 0.66
2023 0.66
2022 0.66
2021 0.66
2020 0.66
2019 0.66
2018 0.66
2017 0.66
2016 0.66
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 328.54 353.69 366.25 455.09
Receivables 107.57 78.27 106.36 102.68
Inventory 493.86 462.08 482.98 479.65
Other 22.59 31.51 19.98 19.34
952.56 925.55 975.56 1,056.76
2023 2024 2025 Q'26
Payables 204.04 198.33 179.23 189.92
ST’ Debt 17.53 17.52 17.48 17.48
Other 101.00
330.53 320.62 302.90 329.21
in millions of $

Compound Annual Growth

10y 5y 3y
Sales ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Cash Flow ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Earnings ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡
Book Value ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡

Revenue

Dec Mar Jun Sep Year
’26 1,372.98 1,307.86 1,368.32
’25 1,288.12 1,331.27 1,346.22 1,368.42
5,334.03
’24 1,481.06 1,367.48 1,393.54 1,397.53
5,639.61
’23 1,493.31 1,380.60 1,433.87 1,585.00
5,892.78
’22 1,391.53 1,377.12 1,458.17 1,452.02
5,678.84
’21 1,190.44 1,184.56 1,277.47 1,335.46
4,987.92
’20 1,078.36 1,145.48 1,189.60 1,197.17
4,610.61
in millions of $

Operating Cash Flow

Dec Mar Jun Sep Year
’26 38.41 83.80 66.98
’25 (43.65) 63.06 74.79 59.90
154.10
’24 15.54 70.43 103.28 73.26
262.52
’23 57.26 37.15 82.56 89.43
266.41
’22 94.98 60.50 106.12 77.90
339.50
’21 57.77 56.91 99.24 92.37
306.30
’20 16.25 159.11 53.60 121.16
350.12
in millions of $

Free Cash Flow

Dec Mar Jun Sep Year
’26 2.12 67.53 43.79
’25 (77.51) 39.02 45.77 36.88
44.16
’24 (46.85) 38.18 59.41 5.60
56.33
’23 (0.93) 5.76 36.94 54.54
96.32
’22 73.86 49.03 67.15 32.46
222.51
’21 24.13 22.47 65.88 70.83
183.31
’20 (9.63) 133.49 33.48 75.43
232.76
in millions of $

EPS

Dec Mar Jun Sep Year
’26 1.48 1.28 1.36
’25 0.87 0.80 1.38 1.35
4.40
’24 2.28 1.68 1.67 (0.08)
5.56
’23 3.65 2.13 2.54 2.77
11.10
’22 3.48 3.61 3.57 3.69
14.36
’21 2.66 2.58 3.79 3.78
12.73
’20 0.87 1.99 3.10 2.86
8.82

Target Price Range

High
Average
Low

Recommendation Rating

1
Buy
2
3
Hold
4
5
Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 74.63 73.38 59.73 58.92
Low Price
‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 102.99 99.65 89.59 78.59
High Price
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 26,000 26,420 26,360 25,551
Employees
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.22 0.22 0.21 0.21
Revenue/Emp
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5,678.84 5,892.78 5,639.61 5,334.03
Revenue
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 24.93% 23.84% 23.05% 23.89%
Gross Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 361.27 278.50 139.50 109.94
EBT
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 6.36% 4.73% 2.47% 2.06%
EBT Margin
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 272.76 210.81 105.54 83.59
Net Income
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 117.80 115.98 121.62 122.89
Depreciation
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 298.97 310.24 296.92 280.81
Revenue/Sh
‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡ ‡‡‡‡‡ 14.69 11.35 5.68 4.50
Earnings/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 17.87 14.03 13.82 8.11
Cash Flow/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (6.16) (8.96) (10.86) (5.79)
Capex/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 11.71 5.07 2.97 2.32
Free CF/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 66.31 76.81 81.38 85.07
Book Value/Sh
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 18.99 18.99 18.99 19.00
Shares
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 5.39 6.64 13.13 15.49
PE Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.26 0.24 0.25 0.25
PS Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1.19 0.98 0.92 0.82
PB Ratio
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 0.32 0.28 0.28 0.28
EV/Sales
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 8.13 17.18 28.37 33.32
EV/FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 339.50 266.41 262.52 154.10
Op' Cash Flow
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ (116.99) (170.10) (206.18) (109.94)
Capex
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 222.51 96.32 56.33 44.16
FCF
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 504.35 622.02 604.93 672.65
Working Cap'
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 571.91 553.22 535.01 516.44
Total Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 304.71 224.68 181.32 150.19
Net Debt
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 1,259.59 1,458.97 1,545.75 1,615.93
Sh' Equity
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 12.65% 8.84% 4.22% 3.28%
ROA
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 15.06% 10.85% 5.32% 4.16%
ROIC
‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ ‡‡‡‡‡ 24.32% 15.51% 7.03% 5.29%
ROE
predictions in italic, sparklines do not include predictions

Analyst Commentary (Summary)

Ingles Markets (IMKTA), a low-profile Southeast U.S. grocer with over 200 stores, rode a pandemic-fueled revenue boom—surging 55% to $5.89 billion in 2023—but has since stalled sharply, with 2024 sales down 4% to $5.64 billion and analysts forecasting another 5% drop in 2025. Revenue per share and per employee have reversed from peaks, signaling operational bloat amid post-COVID thrift, intensified competition from Walmart and Aldi, and softening same-store sales, while stock prices have decoupled downward only modestly from 2022 highs.

Profitability tells a grimmer tale: EBT margins halved to 2.5% in 2024 with a 62% plunge, EPS cratering 56% to $5.68, and gross margins eroding to 23.1% under sticky labor and supply costs. Despite a fortress-like balance sheet—debt slashed 39%, net debt down 79%, and equity up 227%—free cash flow per share has halved to $2.97, starving growth as capex intensifies and ROIC halves to 5.3%.

Trading at seemingly cheap multiples like 0.92x book value and 15x forward PE amid a 44-year dividend streak, Ingles appears undervalued versus peers—yet this masks a value trap in a consolidating industry facing Sun Belt consumer weakness, hurricane risks, and no insider action. Analysts see further EPS erosion to $4.50 in 2025; the contrarian verdict: structural headwinds prevail over cyclical recovery, warranting a sell on the dip.

Ingles Markets, Incorporated (IMKTA) Latest News

News by impact score

Fine-tune

6 Aug

3 , 7:30 AM
Ingles Markets reported financial results for the third quarter and first nine months of fiscal 2026. Quarterly earnings releases update financial performance metrics that can shift near-term investor views without guaranteeing major strategic shifts.

7 May

4 Business Wire, 7:30 AM
Ingles Markets, Incorporated reported financial results for the second quarter and first six months of fiscal 2026. Quarterly earnings releases directly shape investor sentiment, stock valuation, and future performance expectations for IMKTA.

3 May

4 Simply Wall St., 1:07 PM
Ingles Markets (IMKTA) prevailed in its proxy fight, electing its full slate of directors and defeating activist challengers, ensuring board continuity to pursue growth strategies and enhance shareholder value. Proxy fight victory secures management control, averting disruptive changes and bolstering strategic stability for improved market performance.

30 Apr

3 www.grocerydive.com, 7:56 AM
Ingles Markets, Incorporated lost a proxy fight over a board seat, allowing opponents to gain influence on the board. Proxy fight loss alters board composition, potentially affecting governance and strategic decisions with moderate influence on performance.

28 Apr

4 www.grocerydive.com, 7:23 AM
Ingles Markets faces a heated proxy fight where its extensive real estate holdings, valued far above market cap, draw sharp investor scrutiny and calls for potential sales or spin-offs to unlock shareholder value. Proxy fight spotlighting undervalued real estate assets could trigger major strategic divestitures or governance changes, significantly impacting valuation and trajectory.

27 Apr

4 Business Wire, 6:30 AM
Summer Road issued its final letter to Ingles Markets shareholders ahead of the April 30th annual meeting. Activist investor's final pre-meeting letter signals potential proxy battle or strategic overhaul influencing governance and stock performance.

20 Apr

3 , 6:55 AM
Ingles Markets, Incorporated (IMKTA) issued an open letter to shareholders addressing key company matters. Open letter to shareholders indicates moderately noticeable influence on investor sentiment and financial performance.

3 , 6:30 AM
All three independent proxy advisors recommend Ingles Markets (IMKTA) shareholders vote for Rory A. Held. Unanimous proxy advisor support for Rory A. Held likely influences shareholder votes and board composition at Ingles Markets.

19 Apr

4 Simply Wall St., 2:03 AM
Activist investor intensifies board fight at Ingles Markets (IMKTA), prompting valuation analysis amid governance tensions and potential strategic shifts. Activist board fight escalation threatens major governance changes that could reshape strategy, valuation, and market performance.

17 Apr

3 PR Newswire, 11:07 AM
Egan-Jones recommends Ingles Markets shareholders vote for Rory A. Held on the board to improve capital allocation and growth oversight. Proxy advisory endorsement targets board change for better capital allocation, potentially influencing governance and financial strategy.

13 Apr

4 Simply Wall St., 5:06 PM
Ingles Markets (IMKTA) faces a proxy fight over board seats that could reframe its investment narrative amid debates on strategy, governance, and shareholder value. Proxy fight challenges board control and strategy, likely altering governance and investor perceptions significantly.

4 www.grocerydive.com, 7:48 AM
Ingles Markets, Incorporated (IMKTA) intensifies its battle with activist investor Spencer Capital Management, which owns 9.7% stake and pushes for sale or strategic changes amid criticism of stagnant growth and governance. Activist investor escalation signals potential board shakeups, asset sales, or governance reforms that could significantly reshape IMKTA's strategy and boost investor sentiment.

3 Business Wire, 8:00 AM
Ingles Markets promotes two new highly-qualified director candidates while emphasizing strong shareholder returns. New directors and highlighted shareholder returns may boost investor sentiment and governance quality.

10 Apr

4 , 1:45 PM
Summer Road issues a response accusing Ingles Markets of error-filled and deliberately misleading presentations. Activist investor's accusations of deliberate misleading in company presentations threaten management credibility and could drive strategic shifts or shareholder actions.

4 Business Wire, 8:00 AM
Ingles Markets releases presentation exposing material information Summer Road and Rory Held failed to disclose to shareholders, including risks from their prior involvement at Peak Resorts. Presentation revealing nondisclosures by activist nominees poses significant risk to proxy fight outcome, board control, and investor confidence.

6 Apr

4 Business Wire, 4:45 PM
Summer Road released a presentation on Ingles Markets stressing the urgent need for independent Class A shareholder representation on the board. Activist push for board representation changes could significantly alter governance, strategy, and investor sentiment.

2 Apr

3 www.grocerydive.com, 7:36 AM
Ingles Markets, Incorporated (IMKTA) is resisting demands from an activist investment firm seeking strategic changes at the regional supermarket chain. Resistance to activist investor demands may spark short-term proxy battles or governance shifts with moderate effects on market sentiment and performance.

1 Apr

4 Business Wire, 8:00 AM
Summer Road filed definitive proxy materials and mailed a letter to Ingles Markets Class A shareholders, urging them to elect an independent director to better represent their interests. Proxy battle by Summer Road for an independent director at Ingles Markets could trigger board changes, governance reforms, and shifts in strategic direction.

3 Business Wire, 8:30 AM
Ingles Markets, Incorporated (IMKTA) filed definitive proxy materials with the SEC and mailed a letter to shareholders urging votes for its board nominees against an activist investor's alternative slate ahead of the annual meeting. Proxy contest for board control could moderately influence governance and strategic direction but faces counterbalancing shareholder dynamics.

9 Feb

4 Simply Wall St., 6:33 AM
Ingles Markets, Incorporated (IMKTA) is highlighted as a promising investment opportunity in February 2026, showcasing its strong market position and growth potential. The company has demonstrated resilience and adaptability in a competitive landscape, making it an attractive option for investors seeking undervalued stocks. Analysts emphasize its solid financial performance and strategic initiatives aimed at expanding market share. The article suggests that IMKTA's focus on customer satisfaction and community engagement further enhances its appeal, positioning it well for future growth amid evolving market dynamics. Ingles Markets is expected to experience significant growth due to its strategic initiatives and strong market positioning.

5 Feb

4 Associated Press FinanceAssociated Press FinanceAssociated Press FinanceMT NewswiresAssociated Press FinanceAssociated Press FinanceAssociated Press FinanceAssociated Press Finance, 7:42 AM
Ingles Markets, Incorporated reported its fiscal Q1 earnings, showcasing a notable increase in revenue and net income compared to the previous year. The company attributed this growth to strong sales performance and effective cost management strategies. Additionally, Ingles highlighted its ongoing commitment to enhancing customer experience and expanding its product offerings. The results reflect a positive trend in the company's financial health, positioning it favorably in the competitive grocery market. Significant revenue growth and strategic initiatives indicate a strong potential for future performance improvements.

4 , 7:30 AM
Ingles Markets, Incorporated reported its financial results for the first quarter of fiscal 2026, highlighting a notable increase in sales and net income compared to the previous year. The company attributed this growth to strong customer demand and effective cost management strategies. Additionally, Ingles announced plans for further expansion and investment in its store network, aiming to enhance customer experience and market presence. Overall, the results reflect a positive trajectory for the company amidst a competitive retail landscape. The reported financial growth and expansion plans indicate significant strategic moves that could alter the company's market positioning.

8 Jan

3 www.marketbeat.com, 5:23 PM
Albertsons is being evaluated as a potential investment opportunity, with analysts suggesting it may be undervalued despite challenges in the grocery sector. The company's recent performance, strategic initiatives, and market positioning are examined, highlighting both risks and potential rewards for investors. The analysis indicates that while there are concerns regarding competition and market dynamics, there may be underlying value that could benefit shareholders in the long run. The evaluation of Albertsons' market position and potential undervaluation suggests a moderate influence on investor sentiment and competitive dynamics.

1 Dec

4 Simply Wall St., 6:51 AM
Ingles Markets, Incorporated (NASDAQ:IMKTA) has delivered impressive returns of 115% to its investors over the past five years, reflecting strong performance in the grocery sector. The company's strategic initiatives and market positioning have contributed to this growth, attracting attention from both current and potential investors. Strong returns indicate significant market confidence and potential for continued growth in the grocery sector.

26 Nov

4 Business Wire, 7:30 AM
Ingles Markets, Incorporated reported its financial results for the fourth quarter and fiscal year 2025, highlighting significant revenue growth and improved profitability. The company experienced an increase in same-store sales and expanded its market presence through strategic initiatives. Management expressed optimism about future performance, citing ongoing investments in technology and customer experience enhancements. Overall, the results reflect a strong operational performance amid a competitive retail landscape. The reported financial growth and strategic initiatives indicate a significant impact on future performance and market positioning.

3 Associated Press Finance, 7:51 AM
Ingles Markets, Incorporated reported its fiscal Q4 earnings, showcasing a solid performance with increased sales and profits compared to the previous year. The company highlighted growth in various product categories and emphasized its commitment to enhancing customer experience. Management expressed optimism about future prospects, citing strategic initiatives aimed at expanding market presence and improving operational efficiency. Overall, the earnings report reflects a positive trajectory for Ingles, positioning it well in the competitive grocery sector. The earnings report indicates moderate growth and strategic initiatives that may positively influence financial performance.

4 Nov

3 Simply Wall St., 5:22 AM
Ingles Markets, Incorporated (IMKTA) shows strong stock performance, but its fundamentals present uncertainties that could affect future growth. Analysts are concerned about various factors, including market competition and economic conditions, which may impact the company's trajectory. Investors are advised to monitor these developments closely as they could influence market sentiment and operational strategies. Uncertainties in fundamentals and market conditions may moderately influence the company's financial performance and competitive positioning.

6 Oct

4 Insider Monkey, 10:22 AM
Ingles Markets, Incorporated (IMKTA) is positioned for growth due to its strategic expansion plans, including new store openings and enhancements in its supply chain. The company is focusing on improving customer experience and increasing its market share in the grocery sector. Financial performance indicators suggest a positive trajectory, with potential for increased profitability driven by operational efficiencies and a strong brand presence in its regions. Analysts are optimistic about the company's ability to navigate market challenges and capitalize on emerging opportunities. Strategic expansion and operational improvements are likely to significantly impact future performance and investor sentiment.

19 Sep

3 , 6:02 AM
Ingles Markets, Incorporated (IMKTA) is reportedly facing challenges in effectively utilizing its capital, which may hinder its growth and operational efficiency. Concerns have been raised regarding the company's investment strategies and overall financial management, potentially impacting its competitive position in the market. Analysts suggest that without significant improvements in capital allocation, Ingles may struggle to enhance shareholder value and maintain its market standing. Ineffective capital utilization could moderately influence financial performance and competitive positioning.

19 Aug

3 Insider Monkey, 8:20 AM
FPA Queens Road Small Cap Value Fund has added Ingles Markets, Incorporated (IMKTA) to its portfolio in the second quarter of 2023. This move indicates a positive outlook on the company's potential for growth and value in the small-cap sector. The fund's decision reflects confidence in Ingles Markets' performance and market position. The addition of IMKTA to a notable fund suggests a moderately noticeable influence on market sentiment and potential financial performance.