Ingram Micro Holding Corporation (INGM) AI Stock Analysis

• Market Cap: $4.71B
• Dividend Yield: N/A
• Average Volume (3M): 314.16K
• Price to Earnings (P/E): 16.8
• Beta (1Y): 1.19
• Revenue Growth: 2.31%
• EPS Growth: -18.77%
• Country: US
• Employees: 23,500
• Sector: Technology
• Sector Strength: 82
• Industry: Information Technology Services
• EPS (TTM): 0.61
• Shares Outstanding: 234,837,000
• 10 Day Avg. Volume: 254,015
• 30 Day Avg. Volume: 314,158
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.17
• Enterprise Value/Revenue: <0.01
• Enterprise Value/Gross Profit: 0.24
• Enterprise Value/Ebitda: 0.18
• 1Y Price Target: $23.17
• Price Target Upside: 14.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 70 Outperform
• Price Target: $21.00 ▲(3.45%Upside)

Ingram Micro's overall score is driven by its robust revenue growth and strategic investments in cloud and AI solutions, contributing positively to its earnings call and technical analysis scores. However, challenges such as financial leverage risks, declining revenue, and inconsistent profitability weigh down its financial performance score. The stock is fairly valued, though a lack of a dividend yield may deter some investors. Overall, the company has potential for growth, provided it addresses its financial challenges and leverages its strategic initiatives effectively.

Positive Factors

Client Growth

Management remains encouraged by the number of dormant clients coming back to Ingram, who are on average leveraging Xvantage at much higher volumes than beforehand.

Operational Efficiency

Xvantage brings significant operating efficiencies, and has enabled the company to eliminate tedious tasks like order status calls, resulting in over $200 million in operating expense savings over the last nine quarters.

Negative Factors

Gross Margins

Refresh strength and higher mix of low margin enterprise sales led to softer-than-expected gross margins in the first quarter.

Market Conditions

INGM guided a weaker F2Q outlook on tariffs and macro environment.

Ingram Micro Holding Corporation Business Overview & Revenue Model

Company Description

Ingram Micro Holding Corporation (INGM) operates as a global leader in technology and supply chain services. The company provides a comprehensive range of IT solutions and services to businesses of all sizes, including IT distribution, logistics services, and cloud solutions. Ingram Micro serves a diverse clientele that spans various sectors such as technology, retail, and finance, offering products ranging from hardware and software to advanced digital solutions.

How the Company Makes Money

Ingram Micro makes money primarily through its IT distribution and supply chain services. The company acts as an intermediary between technology manufacturers and resellers, purchasing products in bulk from manufacturers and selling them to businesses and retailers. This distribution model allows Ingram Micro to benefit from economies of scale. Additionally, the company generates revenue from value-added services, including logistics and warehousing, cloud services, and IT support. Ingram Micro's strategic partnerships with leading technology companies enhance its product offerings and market reach, further contributing to its revenue streams.

Ingram Micro Holding Corporation Financial Statement Overview

Summary

Ingram Micro displays stable gross margins but struggles with declining revenue and net profitability. The high debt-to-equity ratio on the balance sheet signals financial leverage risks. Cash flow improvements are evident, yet free cash flow inconsistency affects financial flexibility. A focus on revenue growth and consistent profitability is necessary for better financial health.

Income Statement

The company shows a mixed performance in recent years. Gross profit margins have remained stable, suggesting efficient cost management. However, net profit margins have decreased significantly, indicating challenges in converting revenue into profit. Revenue has been declining, which is a concern for growth. While EBIT and EBITDA margins are reasonable, they are not showing strong upward trends.

Balance Sheet

The balance sheet indicates a relatively high debt-to-equity ratio, which poses potential risks regarding financial leverage. The return on equity has been inconsistent, reflecting variable profitability. The equity ratio indicates that a significant portion of assets is financed by liabilities, which could affect financial stability.

Cash Flow

Cash flow from operations has improved recently, but free cash flow has been inconsistent. The company has managed to improve its operating cash flow to net income ratio, indicating better cash generation from operations. However, free cash flow growth remains a concern, impacting long-term financial flexibility.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2019
Income Statement		Total Revenue
48.92B	47.98B	48.04B	50.82B	54.46B	47.20B
	Gross Profit
3.43B	3.44B	3.55B	3.69B	4.11B	3.35B
	EBIT
842.28M	817.92M	944.35M	3.25B	788.95M	697.77M
	EBITDA
1.06B	1.10B	1.19B	3.43B	1.15B	892.50M
	Net Income Common Stockholders
279.48M	264.22M	352.71M	2.39B	366.11M	503.62M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
671.82M	918.40M	948.49M	1.32B	1.23B	671.82M
	Total Assets
15.47B	18.78B	18.42B	19.09B	19.80B	15.47B
	Total Debt
1.48B	3.82B	4.40B	4.79B	5.16B	1.48B
	Net Debt
808.40M	2.90B	3.45B	3.47B	3.93B	808.40M
	Total Liabilities
10.80B	15.05B	14.91B	16.03B	17.10B	10.80B
	Stockholders Equity
4.67B	3.73B	3.51B	3.06B	2.69B	4.67B
Cash Flow		Free Cash Flow
297.23M	191.14M	-142.71M	-496.89M	-1.29B	392.89M
	Operating Cash Flow
434.09M	333.84M	58.82M	-361.11M	-1.16B	561.67M
	Investing Cash Flow
139.72M	105.54M	-17.71M	3.03B	-111.88M	-173.40M
	Financing Cash Flow
-298.04M	-391.30M	-477.94M	-2.47B	1.58B	-252.43M

Ingram Micro Holding Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CNXC	76 Outperform	$3.62B	14.17	6.34%	2.33%	21.67%	-17.91%
WNS	75 Outperform	$2.77B	15.35	21.21%	―	-0.64%	30.96%
INGM	70 Outperform	$4.71B	16.82	7.61%	―	2.31%	-18.77%
SAIC	68 Neutral	$4.86B	14.51	21.63%	1.43%	3.39%	-16.78%
Sector *	62 Neutral	$11.90B	10.64	-7.50%	2.90%	7.41%	-8.19%
KD	52 Neutral	$9.28B	39.42	22.47%	―	-8.20%	―
DXC	46 Neutral	$2.90B	7.57	12.88%	―	-5.65%	78.20%

Ingram Micro Holding Corporation Corporate Events

Ingram Micro’s Virtual Annual Stockholders’ Meeting Results

On June 4, 2025, Ingram Micro Holding Corporation conducted its annual stockholders’ meeting virtually, where four key proposals were voted upon. The stockholders elected four directors to serve until 2028, approved the executive compensation on an advisory basis, decided on an annual frequency for future advisory votes on executive compensation, and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for fiscal year 2025.

The most recent analyst rating on (INGM) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Ingram Micro Holding Corporation stock, see the INGM Stock Forecast page.

Ingram Micro Announces Dividend Increase and Strong Q1 Results

On May 8, 2025, Ingram Micro announced a cash dividend increase and reported strong fiscal first-quarter results, with net sales of $12.3 billion, an 8.3% increase over the previous year. Despite a decrease in gross margin due to a shift in sales mix, the company achieved a net income of $69.2 million and a non-GAAP net income of $144.2 million. The company repaid $125 million of term loans and used $200.4 million in operations. Ingram Micro’s strategic investments in innovation and automation are expected to drive future growth, with a focus on leveraging its Xvantage platform to enhance partner capabilities.