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Ingles Markets, Incorporated is currently in a long term uptrend where the price is trading 13.7% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Consumer Defensive sector with a price to sales ratio of 0.3.
Ingles Markets, Incorporated's total revenue rose by 10.4% to $1B since the same quarter in the previous year.
Its net income has increased by 204.3% to $54M since the same quarter in the previous year.
Finally, its free cash flow grew by 485.0% to $57M since the same quarter in the previous year.
Based on the above factors, Ingles Markets, Incorporated gets an overall score of 5/5.
CurrencyCode | USD |
---|---|
Exchange | NASDAQ |
Industry | Grocery Stores |
Sector | Consumer Defensive |
ISIN | US4570301048 |
Dividend Yield | 0.7% |
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PE Ratio | 6.21 |
Market Cap | 2B |
Target Price | None |
Beta | 0.64 |
Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat and dairy products, produce, frozen foods, and other perishables; and non-food products, which include fuel centers, pharmacies, health and beauty care products, and general merchandise, as well as private label items. The company also owns and operates a milk processing and packaging plant that supplies organic milk, fruit juices, and bottled water products to other retailers, food service distributors, and grocery warehouses. In addition, it provides home meal replacement items, delicatessens, bakeries, floral departments, and greeting cards, as well as broad selections of local organic, beverage, and health-related items. It operates under the brand names Ingles, Sav-Mor, as well as pharmacies and fuel stations. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.
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