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Upturn AI SWOT - About
IMKTA 
Ingles Markets Incorporated (IMKTA)
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Upturn Advisory Summary
04/01/2025: IMKTA (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -23.01% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.24B USD | Price to earnings Ratio 15.7 | 1Y Target Price - |
Price to earnings Ratio 15.7 | 1Y Target Price - | ||
Volume (30-day avg) 119682 | Beta 0.7 | 52 Weeks Range 58.92 - 81.57 | Updated Date 04/1/2025 |
52 Weeks Range 58.92 - 81.57 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 1.01% | Basic EPS (TTM) 4.15 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 1.45% | Operating Margin (TTM) 1.93% |
Management Effectiveness
Return on Assets (TTM) 3.5% | Return on Equity (TTM) 5.15% |
Valuation
Trailing PE 15.7 | Forward PE 9.03 | Enterprise Value 1526392635 | Price to Sales(TTM) 0.23 |
Enterprise Value 1526392635 | Price to Sales(TTM) 0.23 | ||
Enterprise Value to Revenue 0.28 | Enterprise Value to EBITDA 6.14 | Shares Outstanding 14545800 | Shares Floating 13553057 |
Shares Outstanding 14545800 | Shares Floating 13553057 | ||
Percent Insiders 0.6 | Percent Institutions 90.91 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Ingles Markets Incorporated
Company Overview
History and Background
Ingles Markets Incorporated was founded in 1963 by Robert P. Ingle in Asheville, North Carolina. It began as a single supermarket and has grown to become a regional supermarket chain operating primarily in the southeastern United States. Ingles has focused on providing a broad range of grocery and other products, as well as real estate development related to its store locations.
Core Business Areas
- Retail Grocery: The core business segment involves operating supermarkets that offer a variety of food and non-food products, including groceries, meat and dairy products, produce, frozen foods, bakery items, and general merchandise.
- Shopping Center Development: Ingles owns and develops shopping centers, primarily adjacent to its supermarket locations. These shopping centers provide rental income and contribute to the overall profitability of the company.
- Fluid Milk and Other Dairy Products: Ingles operates a fluid milk and dairy processing plant that supplies its stores with various dairy products. This vertical integration helps control costs and ensure product quality.
Leadership and Structure
Robert P. Ingle II serves as the Chairman of the Board. Ronald B. Freeman serves as Chief Financial Officer. The company operates with a traditional hierarchical structure, with regional managers overseeing individual store operations. It is publicly traded on the NASDAQ under the ticker symbol IMKTA and IMKBB.
Top Products and Market Share
Key Offerings
- Grocery Items: Includes a wide range of food products like canned goods, snacks, beverages, and staples. Market share is difficult to pinpoint precisely but Ingles competes with national chains in this area. Competitors include Kroger, Walmart, and Publix.
- Fresh Produce: Offers a variety of fresh fruits and vegetables. Ingles aims to provide high-quality produce to attract health-conscious consumers. Competitors include Kroger, Publix, and regional farmers markets.
- Meat and Seafood: Provides a selection of fresh meat and seafood products. Ingles focuses on providing high-quality cuts and variety. Competitors include Kroger, Publix, and local butcher shops.
- Dairy Products: Offers a full range of dairy products, many of which are sourced from their own dairy. Competitors include Kroger, Publix and national dairy brands.
Market Dynamics
Industry Overview
The supermarket industry is highly competitive and characterized by low profit margins and increasing consolidation. Consumer preferences are shifting towards healthier and more convenient food options. E-commerce and online grocery delivery are also growing trends impacting the industry.
Positioning
Ingles Markets Incorporated is a regional supermarket chain focused on providing a broad range of products and services. Its strengths lie in its vertical integration (dairy processing), real estate holdings, and strong regional presence. It competes primarily with larger national chains and other regional supermarkets.
Total Addressable Market (TAM)
The US Grocery market is estimated at over $800 billion annually. Ingles, with its regional focus, is capturing a portion of this large TAM with opportunities to expand further within its existing footprint.
Upturn SWOT Analysis
Strengths
- Strong regional presence in the Southeast
- Vertical integration with dairy processing
- Real estate holdings and development
- Loyal customer base
- Solid brand recognition
Weaknesses
- Limited geographic reach compared to national chains
- Higher debt levels compared to competitors
- Dependence on the Southeast market
- Vulnerable to economic downturns in the region
Opportunities
- Expansion into new markets within the Southeast
- Increased focus on private label brands
- Enhancement of online ordering and delivery services
- Development of new store formats to cater to evolving consumer needs
- Acquisition of smaller regional chains
Threats
- Increased competition from national supermarket chains
- Growing popularity of discount retailers and warehouse clubs
- Rising operating costs (labor, fuel, supplies)
- Changes in consumer preferences and buying habits
- Economic downturns and inflation
Competitors and Market Share
Key Competitors
- KR
- WMT
- Ahold Delhaize (ADR)
- GO
Competitive Landscape
Ingles faces intense competition from larger national chains like Kroger and Walmart, as well as regional players like Publix. Ingles' advantages include its strong regional presence, vertical integration, and real estate holdings. However, it is challenged by the larger scale and resources of its competitors.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends should be sourced from official financial reports to provide accurate numbers here.
Future Projections: Future projections should be sourced from official financial reports or reputed analyst reports to provide accurate numbers here.
Recent Initiatives: Ingles has been focused on remodeling existing stores, opening new locations, and expanding its private label offerings to drive growth. Investments in technology and online services are also part of its growth strategy.
Summary
Ingles Markets is a well-established regional supermarket chain with a solid presence in the Southeast. Its vertical integration and real estate holdings provide advantages, but it faces intense competition from national chains. Ingles needs to focus on strategic expansion and innovation to maintain its market position and manage debt.
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Sources and Disclaimers
Data Sources:
- Company SEC Filings (10-K, 10-Q)
- Company Website
- Market Research Reports
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on independent research and consultation with a qualified financial advisor. Market share data is approximate and subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Ingles Markets Incorporated
Exchange NASDAQ | Headquaters Asheville, NC, United States | ||
IPO Launch date 1990-03-26 | CEO, COO, President & Director Mr. James W. Lanning | ||
Sector Consumer Defensive | Industry Grocery Stores | Full time employees 11072 | Website https://www.ingles-markets.com |
Full time employees 11072 | Website https://www.ingles-markets.com | ||
Ingles Markets, Incorporated, together with its subsidiaries, operates a chain of supermarkets in the southeast United States. It offers food products, including grocery, meat, and dairy products, produce, frozen food, 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 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. The company operates under the Ingles and Sav-Mor brand names. Ingles Markets, Incorporated was founded in 1963 and is headquartered in Asheville, North Carolina.
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