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Ingevity (NGVT)
NYSE:NGVT
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NGVT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$32.21 - $56.30
Previous Close$38.82
Volume296.10K
Average Volume (3M)260.20K
Market Cap
$1.41B
Enterprise Value$2.87B
Total Cash (Recent Filing)$107.40M
Total Debt (Recent Filing)$1.56B
Price to Earnings (P/E)―
Beta1.35
Next Earnings
Oct 30, 2024EPS Estimate
$0.9Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-11.89
Shares Outstanding36,345,110
10 Day Avg. Volume277,850
30 Day Avg. Volume260,198
Standard Deviation0.14
R-Squared0.37
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)4.95
Price to Sales (P/S)0.89
Price to Cash Flow (P/CF)11.80
P/FCF Ratio30.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.85
Enterprise Value/Gross Profit6.08
Enterprise Value/Ebitda-10.00
Forecast
1Y Price Target
$47.50Price Target Upside20.71% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering4
Ingevity News
PremiumCompany Announcements
Ingevity Announces Crossett Plant Closure and Restructuring Plans
Bulls Say, Bears Say
Bulls Say
Business GrowthManagement expects oleo-based products to be 10% of the business by year-end.
Corporate StrategyNGVT's termination of its CTO agreement with Georgia-Pacific marks another milestone in the company's transition to alternative feedstock.
Market OpportunityAs hybrids are becoming a more attractive option over pure BEVs, NGVT stands to gain as it has comparable content/vehicle on ICE/hybrid vehicles.
Bears Say
CostsThe $100MM in associated costs is a concern.
EarningsPotential earnings pressure due to continued CTO headwinds and a conservative outlook.
Market StrategySelling excess CTO into the market at a loss.
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Ownership Overview
1.67% Insiders
41.27% Mutual Funds
53.05% Other Institutional Investors
4.02% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NGVT FAQ
What was Ingevity’s price range in the past 12 months?
Ingevity lowest stock price was $32.21 and its highest was $56.30 in the past 12 months.
What is Ingevity’s market cap?
Currently, no data Available
When is Ingevity’s upcoming earnings report date?
Ingevity’s upcoming earnings report date is Oct 30, 2024 which is in 41 days.
How were Ingevity’s earnings last quarter?
Ingevity released its earnings results on Jul 31, 2024. The company reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.054 by -$0.044.
Is Ingevity overvalued?
According to Wall Street analysts Ingevity’s price is currently Undervalued.
Does Ingevity pay dividends?
Ingevity does not currently pay dividends.
What is Ingevity’s EPS estimate?
Ingevity’s EPS estimate is $0.9.
How many shares outstanding does Ingevity have?
Ingevity has 36,345,110 shares outstanding.
What happened to Ingevity’s price movement after its last earnings report?
Ingevity reported an EPS of $1.01 in its last earnings report, missing expectations of $1.054. Following the earnings report the stock price went down -7.082%.
Which hedge fund is a major shareholder of Ingevity?
Among the largest hedge funds holding Ingevity’s share is Royce & Associates LLC. It holds Ingevity’s shares valued at 33M.
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Ingevity Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$47.50 (20.71% Upside)
$47.50 (20.71% Upside)
Blogger Sentiment
Bullish
NGVT Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 21.9K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-23.41%
12-Months-Change
Fundamentals
Return on Equity
-86.35%
Trailing 12-Months
Asset Growth
-19.52%
Trailing 12-Months
Company Description
Ingevity
Ingevity Corp engages in the manufacture of specialty chemicals and carbon materials. It operates through the following segments: Performance Chemicals and Performance Materials. The Performance Materials segment consists of automotive technologies and process purifications product families. Automotive technologies produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. Process purifications produce a number of activated carbon products for food, water, beverage and chemical purification applications. The Performance Chemicals segment primarily addresses applications in three product families: pavement technologies, oilfield technologies, and industrial specialties. The company was founded on March 27, 2015 and is headquartered in North Charleston, SC.
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NGVT Company Deck
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NGVT Earnings Call
Q2 2024
0:00 / 0:00
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NGVT Net sales Breakdown
53.31% Performance Chemicals
34.63% Performance Materials
12.06% Advanced Polymer Technologies
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NGVT Stock 12 Month Forecast
Average Price Target
$47.50
▲(20.71% Upside)
Technical Analysis
Best Analysts Covering NGVT
1 Year
1 Year Success Rate
14/27 ratings generated profit
1 Year Average Return
+5.20%
reiterated a buy rating 2 months ago
Copying Ian Zaffino's trades and holding each position for 1 Year would result in 51.85% of your transactions generating a profit, with an average return of +5.20% per trade.
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