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Ingevity (NGVT)
NYSE:NGVT
Ingevity (NGVT) Stock Price & Analysis
203 Followers
NGVT Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$36.66 - $66.18
Previous Close$55.12
Volume52.48K
Average Volume (3M)228.26K
Market Cap
$2.02B
Enterprise Value$3.46B
Total Cash (Recent Filing)$84.50M
Total Debt (Recent Filing)$1.54B
Price to Earnings (P/E)-17.7
Beta1.17
Next Earnings
Jul 31, 2024EPS Estimate
$1.11Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.11
Shares Outstanding36,329,455
10 Day Avg. Volume257,996
30 Day Avg. Volume228,257
Standard Deviation0.15
R-Squared0.43
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-8.54
Price to Sales (P/S)5.10
Price to Cash Flow (P/CF)11.10
P/FCF Ratio3.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.03
Enterprise Value/Gross Profit6.07
Enterprise Value/Ebitda14.34
Forecast
1Y Price Target
$62.00Price Target Upside11.63% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Ingevity News
PremiumThe Fly
Ingevity rises 7.8%
Bulls Say, Bears Say
Bulls Say
Financial PerformanceFree cash flow to sales ratio jumping from 9% to 16% signals significant growth in the company's free cash flow relative to sales.
Market TrendNGVT stands to gain as hybrids become increasingly popular, with a comparable content value per vehicle as in ICE/hybrid vehicles.
Product TransitionManagement is focused on transitioning to AFA/oleo solutions, expecting a 10% business contribution from these by year-end, enhancing long-term business sustainability.
Bears Say
Earnings PressureContinued CTO headwinds are expected to create earnings pressure for NGVT.
Financial OutlookGuidance for 2024 implies further declines on a year-over-year basis for sales & EBITDA.
Product Ramp UncertaintyVisibility on the ramp-up of AFA/OLEO-based products is limited, posing risks to performance.
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Ownership Overview
1.63% Insiders
37.42% Mutual Funds
44.58% Other Institutional Investors
16.37% 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 $36.66 and its highest was $66.18 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 Jul 31, 2024 which is in 76 days.
How were Ingevity’s earnings last quarter?
Ingevity released its earnings results on May 01, 2024. The company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.338 by $0.182.
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 $1.11.
How many shares outstanding does Ingevity have?
Ingevity has 36,329,456 shares outstanding.
What happened to Ingevity’s price movement after its last earnings report?
Ingevity reported an EPS of $0.52 in its last earnings report, beating expectations of $0.338. Following the earnings report the stock price went up 5.608%.
Which hedge fund is a major shareholder of Ingevity?
Among the largest hedge funds holding Ingevity’s share is Southernsun Asset Management, Llc. It holds Ingevity’s shares valued at 35M.
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Ingevity Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$62.00 (11.63% Upside)
$62.00 (11.63% Upside)
Blogger Sentiment
Bullish
NGVT Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 203.3K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
1.13%
12-Months-Change
Fundamentals
Return on Equity
-17.33%
Trailing 12-Months
Asset Growth
-7.41%
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
Q1 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
$62.00
▲(11.63% Upside)
Technical Analysis
Best Analysts Covering NGVT
1 Year
1 Year Success Rate
16/26 ratings generated profit
1 Year Average Return
+7.80%
reiterated a buy rating 14 days ago
Copying Ian Zaffino's trades and holding each position for 1 Year would result in 61.54% of your transactions generating a profit, with an average return of +7.80% per trade.
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