Ingram Micro (NYSE:INGM – Get Free Report) updated its first quarter 2025 earnings guidance on Tuesday. The company provided EPS guidance of 0.510-0.610 for the period, compared to the consensus EPS estimate of 0.690. The company issued revenue guidance of $11.4 billion-$11.8 billion, compared to the consensus revenue estimate of $11.6 billion.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on INGM. Evercore ISI began coverage on Ingram Micro in a research report on Monday, November 18th. They issued an “inline” rating and a $27.00 price target on the stock. Northcoast Research assumed coverage on Ingram Micro in a research report on Friday, November 8th. They issued a “neutral” rating on the stock. Loop Capital assumed coverage on Ingram Micro in a report on Monday, November 18th. They set a “buy” rating and a $30.00 target price on the stock. JPMorgan Chase & Co. assumed coverage on Ingram Micro in a report on Wednesday, November 20th. They set a “neutral” rating and a $28.00 target price on the stock. Finally, Redburn Atlantic assumed coverage on Ingram Micro in a report on Monday, November 18th. They set a “buy” rating and a $30.00 target price on the stock. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Ingram Micro has a consensus rating of “Moderate Buy” and a consensus price target of $28.14.
Read Our Latest Research Report on INGM
Ingram Micro Price Performance
Ingram Micro (NYSE:INGM – Get Free Report) last released its earnings results on Tuesday, March 4th. The company reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. As a group, sell-side analysts forecast that Ingram Micro will post 2.71 EPS for the current fiscal year.
Ingram Micro Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Tuesday, March 11th will be given a $0.074 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.42%.
About Ingram Micro
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.
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