Ingles Markets (IMKTA) Announces Earnings Results

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

NASDAQ:IMKTA opened at $28.82 on Friday. The firm has a market cap of $569.28 million, a PE ratio of 10.83, a PEG ratio of 0.92 and a beta of 0.47. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.96 and a quick ratio of 0.50. Ingles Markets has a 52-week low of $26.51 and a 52-week high of $37.65.

A number of equities research analysts have commented on the company. BidaskClub downgraded Ingles Markets from a “buy” rating to a “hold” rating in a report on Friday, September 7th. Zacks Investment Research downgraded Ingles Markets from a “hold” rating to a “sell” rating in a report on Wednesday, August 15th.

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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.

Further Reading: Risk Tolerance and Your Investment Decisions

Earnings History for Ingles Markets (NASDAQ:IMKTA)

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