Ingram Micro Updates Q1 2025 Earnings Guidance

Ingram Micro (NYSE:INGM) released an update regarding its earnings guidance for the first quarter of 2025. The company expects its earnings per share (EPS) to fall between $0.510 and $0.610. This estimate is lower than the consensus EPS expectation, which stands at $0.690. Additionally, Ingram Micro has projected its revenue for the same period to be in the range of $11.4 billion to $11.8 billion, slightly below the consensus revenue estimate of $11.6 billion.

Market Response

During midday trading on Tuesday, shares of Ingram Micro rose by 0.6%, increasing by $0.13 to reach a price of $20.87. A total of 645,863 shares changed hands, which is higher than the average trading volume of 411,492 shares. Financial metrics for the company reveal a quick ratio of 0.96, a current ratio of 1.40, and a debt-to-equity ratio of 0.93. Over the past year, the stock has seen a low of $18.90 and a high of $25.69, with a 50-day moving average at $21.98.

Ingram Micro's previous earnings report was published on March 4th, where the company reported earnings of $0.92 per share for the preceding quarter. This result was above the consensus estimate of $0.89, surpassing expectations by $0.03. Analysts anticipate that Ingram Micro will achieve an EPS of $2.71 for the current financial year.

Dividend Information

Furthermore, Ingram Micro has announced a quarterly dividend that will be distributed on March 25th. Shareholders recorded as of March 11th will receive a dividend payment of $0.074 per share, equating to an annual dividend of $0.30 and a yield of 1.42%.

Analyst Opinions

Recent evaluations from research analysts indicate various outlooks on Ingram Micro’s stock. Jefferies Financial Group initiated coverage on November 18th, providing a "buy" rating and setting a target price of $28.00. Similarly, Stifel Nicolaus and The Goldman Sachs Group began coverage on the same day, both offering "buy" ratings with target prices of $28.00 and $33.00, respectively. Redburn Atlantic also established a "buy" rating with a price objective of $30.00. Raymond James reported an "outperform" rating with a target price of $28.00. Overall, five analysts rated the stock as a hold, while eleven suggested a buy rating. An average rating from MarketBeat.com reflects a "Moderate Buy" sentiment with an average target price of $28.14.

About Ingram Micro

Ingram Micro is recognized as a leading global provider of technology solutions. The company plays a crucial role in the IT ecosystem, supporting major technology brands with its extensive infrastructure. Ingram Micro focuses on enhancing operational efficiency for business partners through its client solutions, advanced offerings, and cloud-based services.

Earnings, Guidance, Stocks