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Ingram Micro (IM) Preview For Upcoming Quarterly Earnings

Robert Weinstein's picture

Ingram Micro Inc. (NYSE:IM) is expected to report earnings for last fiscal quarter after the closing bell on February 08, 2012.
 

Ingram Micro Inc. distributes information technology (IT) products and supply chain solutions worldwide. The company was founded in 1979 and is headquartered in Santa Ana, California. Ingram Micro trades an average of 769,000 shares per day and has a marketcap of $3 Billion.

52 Week High: $21.63
52 Week Low:  $15.45
Book Value:    $21.29
Float Short:    &nbsp&nbsp1.56%

Analysts are expecting an improvement of $0.22 in earnings per share compared to last quarter's results of $0.33. Wall Street is expecting $0.55 per share based on earnings estimates. Analyst estimates range between $0.51 and $0.60 per share.
The current trailing twelve months P/E ratio is 11. The forward P/E ratio is 9.85.
From a month ago, the stock has increased in price 5.82%, with a one year change of -3.65%.
With a modest gain compared to stocks in general, the stock is close to the same as the overall stock market. When comparing to the S&P 500, the year up to date change is 0.46%.

For the same fiscal period year-over-year, revenue has improved to $34.59 billion for 2010 vs. $29.52 billion for 2009. The bottom line has rising earnings year-over-year of $318.06 million for 2010 vs. $202.14 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $484.43 million for 2010 vs. $295.94 million for 2009. Rising revenue along with rising earnings is a very good sign and what we want to see with our companies. Be sure to check the margins in the earnings release to make sure that the bottom line is keeping up with the top line.
The short interest is relatively low at 1.56%%. Be sure to look over the chart below with the short interet in both total shares shorted and number of days to cover short interest based on daily volume. This will give you an idea of the trend.

Here is a look at the fiscal year revenue.
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Here is the last few quarters to get an idea how well they perform compared to estimates
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Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for IM
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The number of days to cover short interest based on average daily trading volume for IM
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Thank you for reading my article. Please also feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Robert Weinstein Google+

Tags: 
IM
Ingram Micro Inc.
Earnings Release Date
Ingram Micro (NYSE:IM) Earnings Preview with Paid2Trade
Date Of Event: 
Wednesday, February 8, 2012