14 Analysts Have This To Say About Ingram Micro Holding

Comments
Loading...

Across the recent three months, 14 analysts have shared their insights on Ingram Micro Holding INGM, expressing a variety of opinions spanning from bullish to bearish.

The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 3 5 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 6 2 5 0 0
3M Ago 0 0 0 0 0

Analysts have recently evaluated Ingram Micro Holding and provided 12-month price targets. The average target is $27.29, accompanied by a high estimate of $30.00 and a low estimate of $24.00. This upward trend is evident, with the current average reflecting a 11.39% increase from the previous average price target of $24.50.

price target chart

Decoding Analyst Ratings: A Detailed Look

An in-depth analysis of recent analyst actions unveils how financial experts perceive Ingram Micro Holding. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Erik Woodring Morgan Stanley Raises Overweight $27.00 $25.00
Erik Woodring Morgan Stanley Raises Equal-Weight $25.00 $24.00
Samik Chatterjee JP Morgan Announces Neutral $28.00 -
Ashish Sabadra RBC Capital Announces Outperform $26.00 -
Matthew Sheerin Stifel Announces Buy $28.00 -
Adam Tindle Raymond James Announces Outperform $28.00 -
Erik Woodring Morgan Stanley Announces Equal-Weight $24.00 -
Ananda Barush Loop Capital Announces Buy $30.00 -
Karl Ackerman Exane BNP Paribas Announces Neutral $25.00 -
Amit Daryanani Evercore ISI Group Announces In-Line $27.00 -
Matthew Niknam Deutsche Bank Announces Buy $26.00 -
Ruplu Bhattacharya B of A Securities Announces Buy $30.00 -
Surinder Thind Jefferies Announces Buy $28.00 -
Richard Radbourne Redburn Atlantic Announces Buy $30.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Ingram Micro Holding. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of Ingram Micro Holding compared to the broader market.
  • Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Ingram Micro Holding's stock. This examination reveals shifts in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Ingram Micro Holding's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Ingram Micro Holding analyst ratings.

Get to Know Ingram Micro Holding Better

Ingram Micro Holding Corp is a technology company for the global information technology ecosystem. It plays a vital role in the IT sales channel, bringing products and services from technology manufacturers and cloud providers to business-to-business technology experts. The company also provide a broad range of technology services, including financing, specialized marketing, and lifecycle management, as well as technical pre- and post-sales professional support.

Financial Milestones: Ingram Micro Holding's Journey

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Challenges: Ingram Micro Holding's revenue growth over 3 months faced difficulties. As of 30 September, 2024, the company experienced a decline of approximately -1.36%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Ingram Micro Holding's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 0.65%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Ingram Micro Holding's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.17%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Ingram Micro Holding's ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of 0.43%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Ingram Micro Holding's debt-to-equity ratio stands notably higher than the industry average, reaching 1.19. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.

The Basics of Analyst Ratings

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Overview Rating:
Speculative
50%
Technicals Analysis
66
0100
Financials Analysis
40
0100
Overview
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!