With 0.68 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.35 million shares. During the session, the Information Technology Services company that operates in wider Technology sector, reached to the highest price of $19.45 whereas the lowest price it dropped to was $18.815. The 52-week range on INGM shows that it touched its highest point at $25.69 and its lowest point at $18.40 during that stretch. It currently has a 1-year price target of $26.38. With its current market cap of 4.45 billion, INGM has annualized dividend of $0.07 while the current yield stands at 0.39%. INGM paid its most recent dividend on 1741651200, while the ex-dividend date for that was 1741651200.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of INGM was down-trending over the past week, with a drop of -4.29%, but this was down by -21.32% over a month. A look at the trailing 12-month EPS for INGM yields 1.13 with Next year EPS estimates of 3.32. For the next quarter, that number is 0.57. This implies an EPS growth rate of 4.59% for this year and 13.90% for next year. EPS is expected to grow by 8.80% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -11.33%.
Float and Shares Shorts:
At present, 234.83 million INGM shares are outstanding with a float of 21.19 million shares on hand for trading. On 2025-02-28, short shares totaled 1.13 million, which was 47.999998000000005 higher than short shares on 1738281600. In addition to Mr. Paul D. Bay as the firm’s CEO & Director, Mr. Michael Zilis serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 1.01502 of INGM’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-12-28, INGM reported revenue of $13344670000.0 and operating income of $264836000.0. The EBITDA in the recently reported quarter was $337250000.0 and diluted EPS was $nan.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With INGM analysts setting a high price target of 30.0 and a low target of 22.0, the average target price over the next 12 months is 26.38462. Based on these targets, INGM could surge 58.14% to reach the target high and rise by 15.97% to reach the target low. Reaching the average price target will result in a growth of 39.09% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $2.91454 being high and $2.27602 being low. For INGM, this leads to a yearly average estimate of $2.79096. Based on analyst estimates, the high estimate for the next quarter is $0.82 and the low estimate is $0.55. The average estimate for the next quarter is thus $0.65.