NGVT vs. OLN, ASH, BCPC, HUN, CC, IOSP, HWKN, PRM, ECVT, and SLI
Should you be buying Ingevity stock or one of its competitors? The main competitors of Ingevity include Olin (OLN), Ashland (ASH), Balchem (BCPC), Huntsman (HUN), Chemours (CC), Innospec (IOSP), Hawkins (HWKN), Perimeter Solutions (PRM), Ecovyst (ECVT), and Standard Lithium (SLI). These companies are all part of the "chemicals & allied products" industry.
Olin (NYSE:OLN) and Ingevity (NYSE:NGVT) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, risk, profitability, institutional ownership, community ranking, analyst recommendations, dividends, media sentiment and earnings.
88.7% of Olin shares are owned by institutional investors. Comparatively, 91.6% of Ingevity shares are owned by institutional investors. 1.8% of Olin shares are owned by insiders. Comparatively, 1.1% of Ingevity shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Olin has higher revenue and earnings than Ingevity. Ingevity is trading at a lower price-to-earnings ratio than Olin, indicating that it is currently the more affordable of the two stocks.
Olin currently has a consensus target price of $60.00, suggesting a potential upside of 11.63%. Ingevity has a consensus target price of $55.00, suggesting a potential upside of 14.92%. Given Olin's stronger consensus rating and higher probable upside, analysts clearly believe Ingevity is more favorable than Olin.
Olin has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500. Comparatively, Ingevity has a beta of 1.79, indicating that its stock price is 79% more volatile than the S&P 500.
In the previous week, Olin had 4 more articles in the media than Ingevity. MarketBeat recorded 6 mentions for Olin and 2 mentions for Ingevity. Olin's average media sentiment score of 1.28 beat Ingevity's score of 0.68 indicating that Ingevity is being referred to more favorably in the news media.
Olin received 106 more outperform votes than Ingevity when rated by MarketBeat users. However, 65.39% of users gave Ingevity an outperform vote while only 59.65% of users gave Olin an outperform vote.
Olin has a net margin of 5.32% compared to Olin's net margin of -6.84%. Olin's return on equity of 18.65% beat Ingevity's return on equity.
Summary
Olin and Ingevity tied by winning 9 of the 18 factors compared between the two stocks.
Get Ingevity News Delivered to You Automatically
Sign up to receive the latest news and ratings for NGVT and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding NGVT and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Ingevity Competitors List
Related Companies and Tools
