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Ingredion (INGR)
NYSE:INGR
Holding INGR?
Track your performance easily
INGR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$89.54 - $137.21
Previous Close$136.16
Volume1.29M
Average Volume (3M)380.90K
Market Cap
$8.86B
Enterprise Value$10.22B
Total Cash (Recent Filing)$510.00M
Total Debt (Recent Filing)$1.85B
Price to Earnings (P/E)13.9
Beta0.23
Next Earnings
Oct 31, 2024EPS Estimate
$2.58Next Dividend Ex-Date
Oct 01, 2024Dividend Yield2.3%
Share Statistics
EPS (TTM)9.78
Shares Outstanding65,061,430
10 Day Avg. Volume303,135
30 Day Avg. Volume380,901
Standard Deviation0.06
R-Squared0.38
Alpha0.00454
Financial Highlights & Ratios
Price to Book (P/B)2.39
Price to Sales (P/S)2.35
Price to Cash Flow (P/CF)7.10
P/FCF Ratio8.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.28
Enterprise Value/Gross Profit5.84
Enterprise Value/Ebitda8.12
Forecast
1Y Price Target
$141.20Price Target Upside4.61% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Ingredion News
PremiumPre-Earnings
Is INGR a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
EarningsINGR reported adjusted 2Q24 EPS of $2.87, well above GSe/Refinitiv Consensus of $2.50 / $2.49.
ProfitabilityImproving volumes, lower corn costs, and greater fixed cost absorption create an increasingly profitable environment for INGR.
Volume GrowthHealthy volume growth is seen across the company's three main segments, with demand pickup from packaged food distributors and stronger packaging and paper solutions in North America.
Bears Say
RevenuesRevenues of $1.878bn were 5.4% below our forecast, with lower price/mix on a larger flow-through of lower corn prices a larger sales headwind versus our forecast.
SalesLower corn prices created a larger sales headwind than expected.
ValuationMarket Perform rating is reiterated owing to valuation sensitivity.
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Ownership Overview
6.90% Insiders
27.25% Mutual Funds
53.64% Other Institutional Investors
12.21% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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INGR FAQ
What was Ingredion ’s price range in the past 12 months?
Ingredion lowest stock price was $89.54 and its highest was $137.21 in the past 12 months.
What is Ingredion ’s market cap?
Currently, no data Available
When is Ingredion ’s upcoming earnings report date?
Ingredion ’s upcoming earnings report date is Oct 31, 2024 which is in 41 days.
How were Ingredion ’s earnings last quarter?
Ingredion released its earnings results on Aug 06, 2024. The company reported $2.87 earnings per share for the quarter, beating the consensus estimate of $2.499 by $0.371.
Is Ingredion overvalued?
According to Wall Street analysts Ingredion ’s price is currently Undervalued.
Does Ingredion pay dividends?
Ingredion pays a Quarterly dividend of $0.8 which represents an annual dividend yield of 2.3%. See more information on Ingredion dividends here
What is Ingredion ’s EPS estimate?
Ingredion ’s EPS estimate is $2.58.
How many shares outstanding does Ingredion have?
Ingredion has 65,061,430 shares outstanding.
What happened to Ingredion ’s price movement after its last earnings report?
Ingredion reported an EPS of $2.87 in its last earnings report, beating expectations of $2.499. Following the earnings report the stock price went up 6.616%.
Which hedge fund is a major shareholder of Ingredion ?
Among the largest hedge funds holding Ingredion ’s share is Yacktman Asset Management LP. It holds Ingredion ’s shares valued at 248M.
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Ingredion Stock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$141.20 (4.61% Upside)
$141.20 (4.61% Upside)
Blogger Sentiment
Bullish
INGR Sentiment 93%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 64.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $290.9K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.1%
Last 30 Days ▲ 7.2%
Last 30 Days ▲ 7.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
40.68%
12-Months-Change
Fundamentals
Return on Equity
18.44%
Trailing 12-Months
Asset Growth
-4.99%
Trailing 12-Months
Company Description
Ingredion
Ingredion, Inc. manufactures and sells sweetener, starches, nutrition ingredients, and biomaterial solutions derived from the wet milling and processing of corn and other starch based materials. Its activities include turning corn, tapioca, potatoes and other vegetables and fruits into value added ingredients and biomaterials for the food, beverage, paper and corrugating, brewing, and other industries. The company was founded in 1906 and is headquartered in Westchester, IL.
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INGR Company Deck
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INGR Earnings Call
Q2 2024
0:00 / 0:00
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INGR Net sales Breakdown
63.58% North America
13.35% APAC
13.01% South America
10.06% EMEA
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INGR Stock 12 Month Forecast
Average Price Target
$141.20
▲(4.61% Upside)
Technical Analysis
Best Analysts Covering INGR
1 Year
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