A new trading day began on Monday, with Ingram Micro Holding Corp (NYSE: INGM) stock price down -7.51% from the previous day of trading, before settling in for the closing price of $21.84. INGM’s price has ranged from $14.25 to $25.69 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Technology sector has dropped its sales by -11.33% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 1.31%. With a float of $21.14 million, this company’s outstanding shares have now reached $234.83 million.
In an organization with 23500 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 7.02%, operating margin of 1.72%, and the pretax margin is 0.95%.
Ingram Micro Holding Corp (INGM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Information Technology Services Industry. The insider ownership of Ingram Micro Holding Corp is 91.00%, while institutional ownership is 10.91%. The most recent insider transaction that took place on Nov 04 ’24, was worth 61,380,000. In this transaction 10% Owner of this company sold 2,790,000 shares at a rate of $22.00, taking the stock ownership to the 210,952,854 shares. Before that another transaction happened on Oct 25 ’24, when Company’s 10% Owner sold 7,000,000 for $22.00, making the entire transaction worth $154,000,000. This insider now owns 213,742,854 shares in total.
Ingram Micro Holding Corp (INGM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 1.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.20% during the next five years compared to -11.33% drop over the previous five years of trading.
Ingram Micro Holding Corp (NYSE: INGM) Trading Performance Indicators
Here are Ingram Micro Holding Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.95. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.10. Likewise, its price to free cash flow for the trailing twelve months is 49.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.19, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 3.19 in one year’s time.
Technical Analysis of Ingram Micro Holding Corp (INGM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.36 million. That was inferior than the volume of 0.38 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.52%.
During the past 100 days, Ingram Micro Holding Corp’s (INGM) raw stochastic average was set at 59.98%, which indicates a significant increase from 41.02% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.35% in the past 14 days, which was lower than the 46.56% volatility it showed in the past 100 days.
However, in the short run, Ingram Micro Holding Corp’s stock first resistance to watch stands at $20.90. Second resistance stands at $21.60. The third major resistance level sits at $22.01. If the price goes on to break the first support level at $19.78, it is likely to go to the next support level at $19.37. Assuming the price breaks the second support level, the third support level stands at $18.67.
Ingram Micro Holding Corp (NYSE: INGM) Key Stats
With a market capitalization of 4.74 billion, the company has a total of 234,826K Shares Outstanding. Currently, annual sales are 47,984 M while annual income is 264,220 K. The company’s previous quarter sales were 12,281 M while its latest quarter income was 69,190 K.
