Ingredion (NYSE:INGR) Updates FY 2025 Earnings Guidance

Ingredion (NYSE:INGR - Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 10.900-11.60 for the period, compared to the consensus earnings per share estimate of 11.040. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

INGR has been the subject of several recent analyst reports. StockNews.com lowered shares of Ingredion from a "strong-buy" rating to a "buy" rating in a research note on Thursday, February 6th. UBS Group set a $155.00 price objective on shares of Ingredion in a research note on Tuesday, April 22nd. Oppenheimer cut their target price on Ingredion from $167.00 to $155.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 22nd. Stephens dropped their price target on Ingredion from $155.00 to $150.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. Finally, BMO Capital Markets reduced their price objective on Ingredion from $147.00 to $133.00 and set a "market perform" rating for the company in a research note on Wednesday, February 5th. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, Ingredion has a consensus rating of "Moderate Buy" and a consensus target price of $152.20.

Ingredion Stock Performance

INGR traded down $0.18 during trading hours on Friday, hitting $137.05. The stock had a trading volume of 394,931 shares, compared to its average volume of 469,167. The stock has a market cap of $8.81 billion, a PE ratio of 14.11, a price-to-earnings-growth ratio of 1.03 and a beta of 0.73. Ingredion has a 1 year low of $111.54 and a 1 year high of $155.44. The company has a quick ratio of 1.69, a current ratio of 2.62 and a debt-to-equity ratio of 0.47. The company's fifty day simple moving average is $131.72 and its 200 day simple moving average is $135.59.

Ingredion (NYSE:INGR - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported $2.97 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.53. The firm had revenue of $1.81 billion for the quarter, compared to analysts' expectations of $1.84 billion. Ingredion had a return on equity of 18.62% and a net margin of 8.71%. The company's revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the firm posted $2.08 EPS. Equities analysts anticipate that Ingredion will post 11.14 earnings per share for the current year.

Ingredion Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 22nd. Investors of record on Tuesday, April 1st were paid a $0.80 dividend. The ex-dividend date was Tuesday, April 1st. This represents a $3.20 dividend on an annualized basis and a yield of 2.33%. Ingredion's dividend payout ratio is presently 33.76%.

Insider Buying and Selling

In related news, CEO James P. Zallie sold 10,815 shares of the firm's stock in a transaction that occurred on Wednesday, February 19th. The stock was sold at an average price of $125.88, for a total transaction of $1,361,392.20. Following the transaction, the chief executive officer now directly owns 34,127 shares in the company, valued at $4,295,906.76. This trade represents a 24.06 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Larry Fernandes sold 2,400 shares of the business's stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $135.82, for a total value of $325,968.00. Following the completion of the sale, the senior vice president now owns 31,996 shares of the company's stock, valued at $4,345,696.72. The trade was a 6.98 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,215 shares of company stock worth $1,687,360 in the last quarter. 2.30% of the stock is owned by insiders.

Ingredion Company Profile

Ingredion Incorporated, together with its subsidiaries, manufactures and sells sweeteners, starches, nutrition ingredients, and biomaterial solutions derived from wet milling and processing corn, and other starch-based materials to a range of industries in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa.