Ingram Micro (NYSE:INGM) Research Coverage Started at William Blair

William Blair initiated coverage on shares of Ingram Micro (NYSE:INGM) in a research report sent to investors on Monday, Marketbeat.com reports. The brokerage issued an outperform rating on the stock. William Blair also issued estimates for Ingram Micro’s Q4 2024 earnings at $0.86 EPS, FY2024 earnings at $2.73 EPS, Q1 2025 earnings at $0.72 EPS, Q2 2025 earnings at $0.70 EPS, Q3 2025 earnings at $0.81 EPS, Q4 2025 earnings at $0.92 EPS, FY2025 earnings at $3.15 EPS and FY2026 earnings at $3.34 EPS.

Several other research analysts also recently issued reports on the stock. Evercore ISI started coverage on shares of Ingram Micro in a research report on Monday. They set an “inline” rating and a $27.00 price target on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Ingram Micro in a research note on Monday. They set a “buy” rating and a $26.00 price target on the stock. Royal Bank of Canada assumed coverage on shares of Ingram Micro in a research report on Monday. They issued an “outperform” rating and a $26.00 price objective for the company. Raymond James initiated coverage on Ingram Micro in a research report on Monday. They issued an “outperform” rating and a $28.00 price objective on the stock. Finally, Northcoast Research assumed coverage on Ingram Micro in a research report on Friday, November 8th. They set a “neutral” rating for the company. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.92.

Ingram Micro Price Performance

Shares of Ingram Micro stock opened at $21.91 on Monday. Ingram Micro has a 1-year low of $21.84 and a 1-year high of $25.69. The company has a current ratio of 1.40, a quick ratio of 0.96 and a debt-to-equity ratio of 0.93.

Ingram Micro (NYSE:INGM) last released its quarterly earnings results on Tuesday, November 12th. The company reported $0.72 earnings per share for the quarter. The business had revenue of $11.76 billion for the quarter.

Ingram Micro Company Profile

Ingram Micro is a leading solutions provider by revenue for the global information technology (“IT”) ecosystem helping power the world’s leading technology brands. With our vast infrastructure and focus on client and endpoint solutions (formerly referred to as commercial & consumer, as described elsewhere in this prospectus), advanced solutions offerings and cloud-based solutions, we enable our business partners to scale and operate more efficiently in the markets they serve.