Ingevity Corporation is a manufacturer of specialty chemicals and high performance carbon materials. The Company is also a manufacturer of activated carbon used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Company operates through two segments: Performance Materials and Performance Chemicals. The Performance Materials segment primarily produces automotive carbon products used in gasoline vapor emission control systems in cars, trucks, motorcycles and boats. The Performance Chemicals segment develops, manufactures and sells a range of specialty chemicals primarily derived from co-products of the Kraft pulping process. Its products are used in a range of applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks and automotive components that reduce gasoline vapor emissions.
Industry, Sector and Symbol:
- Sector: Basic Materials
- Industry: Commodity Chemicals - NEC
- Sub-Industry: N/A
- Symbol: NASDAQ:NGVT
- CUSIP: N/A
- Web: www.ingevity.com/
- Market Cap: $2.46 billion
- Outstanding Shares: 42,141,000
- 50 Day Moving Avg: $57.16
- 200 Day Moving Avg: $57.75
- 52 Week Range: $37.32 - $65.02
Sales & Book Value:
- Trailing P/E Ratio: 53.69
- Foreward P/E Ratio: 21.75
- P/E Growth: 2.21
- Annual Revenue: $927.2 million
- Price / Sales: 2.65
- Book Value: $3.56 per share
- Price / Book: 16.37
- EBIDTA: $204.6 million
- Net Margins: 10.53%
- Return on Equity: 55.06%
- Return on Assets: 10.89%
- Average Volume: 222,317 shs.
- Short Ratio: 1.85
Frequently Asked Questions for Ingevity Corp (NASDAQ:NGVT)
What is Ingevity Corp's stock symbol?
Ingevity Corp trades on the NASDAQ under the ticker symbol "NGVT."
How were Ingevity Corp's earnings last quarter?
Ingevity Corp (NASDAQ:NGVT) announced its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.02. The firm earned $218.50 million during the quarter, compared to the consensus estimate of $206.90 million. Ingevity Corp had a return on equity of 55.06% and a net margin of 10.53%. View Ingevity Corp's Earnings History.
Where is Ingevity Corp's stock going? Where will Ingevity Corp's stock price be in 2017?
5 brokers have issued twelve-month target prices for Ingevity Corp's shares. Their predictions range from $60.00 to $68.00. On average, they expect Ingevity Corp's share price to reach $65.00 in the next twelve months. View Analyst Ratings for Ingevity Corp.
What are analysts saying about Ingevity Corp stock?
Here are some recent quotes from research analysts about Ingevity Corp stock:
- 1. According to Zacks Investment Research, "Ingevity Corporation provides specialty chemicals, carbon materials and technologies. The Company's operating segments consists of Performance Materials and Performance Chemicals. Performance Chemicals segment products consists of asphalt paving, adhesives, agrochemical dispersants, printing inks, lubricants, petroleum and other diverse industries. Performance Materials segment engineers, manufactures and sells wood-based chemically activated carbon products. Ingevity Corporation is based in North Charleston, SC. " (7/8/2017)
- 2. Jefferies Group LLC analysts commented, "The introduction of a tighter fuel vapor emission standard by the European Union, and the likely tightening of standards in China, should accelerate activated carbon in 2019-2020. Near-term, the US shift to a near-zero standard will support Performance Materials revenue. Industrial specialties pricing remains weak, but a rebound in energy sales and strength in pavement technologies should support Performance Chemicals sales. Q4 results: Q4 EPS of $0.34 was $0.04 above consensus but $0.02 below our projections." (2/25/2017)
Who are some of Ingevity Corp's key competitors?
Some companies that are related to Ingevity Corp include Methanex Corporation (MEOH), Quaker Chemical Corporation (KWR), Innophos Holdings (IPHS), Calgon Carbon Corporation (CCC), Koppers Holdings (KOP), A. Schulman (SHLM), Westlake Chemical Partners LP (WLKP), CSW Industrials (CSWI), Trecora Resources (TREC), UFP Technologies (UFPT), Enzymotec (ENZY), Zotefoams plc (ZTF), Applied Graphene Materials PLC (AGM), Airgas (ARG), Axiall Corp (AXLL), Axiall Corp (GGC) and Braskem S.A. (BAK).
Who are Ingevity Corp's key executives?
Ingevity Corp's management team includes the folowing people:
- Richard B. Kelson, Independent Chairman of the Board
- D. Michael Wilson, President, Chief Executive Officer, Director
- John C. Fortson, Chief Financial Officer, Executive Vice President, Treasurer
- Katherine Pryor Burgeson J.D., Executive Vice President, General Counsel, Secretary
- Michael P, Smith, Executive Vice President and President, Performance Chemicals, Strategy and Business Development
- S. Edward Woodcock Jr., Senior Vice President and President of Performance Materials
- Dan Gallagher, Vice President, Financial Planning & Analysis and Investor Relations
- Jean S. Blackwell, Independent Director
- Luis Fernandez-Moreno, Independent Director
- J. Michael Fitzpatrick, Independent Director
Who owns Ingevity Corp stock?
Ingevity Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Patten & Patten Inc. TN (0.75%), Bank of Montreal Can (0.18%), DAVENPORT & Co LLC (0.06%), Gateway Investment Advisers LLC (0.06%), Mitsubishi UFJ Asset Management UK Ltd. (0.05%) and Aperio Group LLC (0.05%). View Institutional Ownership Trends for Ingevity Corp.
Who sold Ingevity Corp stock? Who is selling Ingevity Corp stock?
Ingevity Corp's stock was sold by a variety of institutional investors in the last quarter, including Patten & Patten Inc. TN, Russell Investments Group Ltd., Wright Investors Service Inc., Capstone Asset Management Co., US Bancorp DE and Fruth Investment Management. View Insider Buying and Selling for Ingevity Corp.
Who bought Ingevity Corp stock? Who is buying Ingevity Corp stock?
Ingevity Corp's stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Mitsubishi UFJ Asset Management UK Ltd., Gateway Investment Advisers LLC, Breton Hill Capital Ltd., State of Alaska Department of Revenue and Aperio Group LLC. View Insider Buying and Selling for Ingevity Corp.
How do I buy Ingevity Corp stock?
Shares of Ingevity Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Ingevity Corp's stock price today?
MarketBeat Community Rating for Ingevity Corp (NASDAQ NGVT)MarketBeat's community ratings are surveys of what our community members think about Ingevity Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Ingevity Corp stock can currently be purchased for approximately $58.29.
Consensus Ratings for Ingevity Corp (NASDAQ:NGVT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Hold Rating, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.80)|
|Consensus Price Target: ||$65.00 (11.51% upside)|
Analysts' Ratings History for Ingevity Corp (NASDAQ:NGVT)
(Data available from 7/25/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/19/2017||Jefferies Group LLC||Set Price Target||Buy||$68.00||Low|
|12/15/2016||Oppenheimer Holdings, Inc.||Reiterated Rating||Outperform||$50.00 -> $60.00||N/A|
|9/23/2016||Buckingham Research||Initiated Coverage||Neutral||N/A|
|8/6/2016||SunTrust Banks, Inc.||Reiterated Rating||Buy||N/A|
|6/10/2016||BB&T Corporation||Initiated Coverage||Buy||$44.00||N/A|
Earnings History for Ingevity Corp (NASDAQ:NGVT)Earnings History by Quarter for Ingevity Corp (NASDAQ NGVT)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/3/2017||Q1 2017||$0.47||$0.49||$206.90 million||$218.50 million||View||Listen|
|2/22/2017||Q416||$0.30||$0.34||$201.96 million||$210.90 million||View||N/A|
|11/2/2016||Q316||$0.61||$0.64||$247.60 million||$252.00 million||View||N/A|
|8/3/2016||Q216||$0.49||$0.66||$246.70 million||$248.70 million||View||N/A|
Earnings Estimates for Ingevity Corp (NASDAQ:NGVT)
2017 EPS Consensus Estimate: $2.32
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Ingevity Corp (NASDAQ:NGVT)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Ingevity Corp (NASDAQ:NGVT)Insider Trades by Quarter for Ingevity Corp (NASDAQ:NGVT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/15/2017||Jean S Blackwell||Director||Buy||1,500||$58.38||$87,570.00|| |
Headline Trends for Ingevity Corp (NASDAQ:NGVT)
Latest Headlines for Ingevity Corp (NASDAQ:NGVT)
|Jefferies Group LLC Analysts Give Ingevity Corp (NGVT) a $68.00 Price Target|
www.americanbankingnews.com - July 20 at 12:58 AM
|Ingevity Corp. breached its 50 day moving average in a Bullish Manner : NGVT-US : July 18, 2017|
finance.yahoo.com - July 18 at 4:05 PM
|Ingevity Corp (NGVT) Given Average Rating of "Buy" by Brokerages|
www.americanbankingnews.com - July 17 at 8:28 PM
|ETFs with exposure to Ingevity Corp. : July 13, 2017|
finance.yahoo.com - July 14 at 6:52 AM
|Ingevity Corp (NGVT) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - July 9 at 10:58 PM
|Ingevity’s Michael Wilson to present at the CJS Securities 17th Annual “New Ideas” Summer Conference on July 11, 2017|
finance.yahoo.com - July 8 at 12:59 PM
|Ingevity Corp (NASDAQ:NGVT) Expected to Post Quarterly Sales of $257.65 Million|
www.americanbankingnews.com - July 8 at 8:38 AM
|Zacks Investment Research Lowers Ingevity Corp (NGVT) to Hold|
www.americanbankingnews.com - July 8 at 7:26 AM
|Ingevity announces dates for second quarter earnings release and conference call|
finance.yahoo.com - July 6 at 8:49 PM
|Ingevity Corp (NASDAQ:NGVT) Expected to Announce Earnings of $0.71 Per Share|
www.americanbankingnews.com - July 6 at 6:20 PM
|Ingevity Corp (NASDAQ:NGVT) Rating Reiterated by Jefferies Group LLC|
www.americanbankingnews.com - July 5 at 11:00 AM
|Aegis Reaffirms Buy Rating for Ingevity Corp (NASDAQ:NGVT)|
www.americanbankingnews.com - July 4 at 10:58 PM
|Ingevity to construct new activated carbon extrusion plant in Changshu, China|
finance.yahoo.com - June 28 at 12:36 PM
|Ingevity Enters Oversold Territory (NGVT)|
www.nasdaq.com - June 27 at 6:36 AM
|ETFs with exposure to Ingevity Corp. : June 26, 2017|
finance.yahoo.com - June 27 at 6:36 AM
|Ingevity Corp (NGVT) Receives Consensus Rating of "Buy" from Analysts|
www.americanbankingnews.com - June 20 at 8:52 PM
|Ingevity Corp. :NGVT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 20, 2017|
finance.yahoo.com - June 20 at 7:54 PM
|ETFs with exposure to Ingevity Corp. : June 15, 2017|
finance.yahoo.com - June 16 at 8:07 AM
|Zacks: Brokerages Anticipate Ingevity Corp (NGVT) Will Post Quarterly Sales of $257.65 Million|
www.americanbankingnews.com - June 14 at 10:12 AM
|Ingevity Corp (NGVT) Expected to Post Earnings of $0.71 Per Share|
www.americanbankingnews.com - June 12 at 6:16 PM
|Ingevity Corp. breached its 50 day moving average in a Bullish Manner : NGVT-US : June 12, 2017|
finance.yahoo.com - June 12 at 4:11 PM
|Ingevity Corp (NGVT) Given Consensus Recommendation of "Buy" by Analysts|
www.americanbankingnews.com - May 26 at 9:04 PM
|Ingevity (NGVT) Presents At Houlihan Lokey 12th Annual Global Industrials Conference|
seekingalpha.com - May 23 at 10:15 AM
|Ingevity Corp (NGVT) Expected to Post Quarterly Sales of $257.65 Million|
www.americanbankingnews.com - May 21 at 6:16 PM
|Ingevity Corp (NGVT) Director Acquires $87,570.00 in Stock|
www.americanbankingnews.com - May 16 at 8:22 PM
| Brokerages Expect Ingevity Corp (NGVT) Will Announce Earnings of $0.71 Per Share|
www.americanbankingnews.com - May 16 at 9:20 AM
|Ingevity Corporation: High Risk, High Reward|
seekingalpha.com - May 14 at 10:37 AM
|Ingevity’s Michael Wilson to present at the Houlihan Lokey 12th Annual Global Industrials Conference on May 18, 2017|
finance.yahoo.com - May 12 at 7:28 PM
|Ingevity Corp (NGVT) Expected to Post Q2 2017 Earnings of $0.69 Per Share|
www.americanbankingnews.com - May 10 at 8:12 AM
|Brokers Set Expectations for Ingevity Corp's Q3 2017 Earnings (NGVT)|
www.americanbankingnews.com - May 9 at 7:32 AM
|Ingevity Corp (NGVT) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - May 9 at 7:14 AM
|Ingevity Corp. – Value Analysis (NYSE:NGVT) : May 8, 2017|
finance.yahoo.com - May 8 at 6:18 PM
|FY2017 EPS Estimates for Ingevity Corp (NGVT) Cut by Analyst|
www.americanbankingnews.com - May 8 at 9:44 AM
|Q2 2017 Earnings Estimate for Ingevity Corp (NGVT) Issued By SunTrust Banks|
www.americanbankingnews.com - May 8 at 8:26 AM
|Q2 2017 EPS Estimates for Ingevity Corp Lowered by KeyCorp (NGVT)|
www.americanbankingnews.com - May 8 at 8:19 AM
|Ingevity Corp. breached its 50 day moving average in a Bearish Manner : NGVT-US : May 5, 2017|
finance.yahoo.com - May 5 at 9:13 AM
|Q2 2017 Earnings Forecast for Ingevity Corp (NGVT) Issued By Oppenheimer Holdings|
www.americanbankingnews.com - May 5 at 7:16 AM
|Edited Transcript of NGVT earnings conference call or presentation 4-May-17 2:00pm GMT|
finance.yahoo.com - May 4 at 11:58 PM
|Ingevity reports first quarter 2017 financial results|
finance.yahoo.com - May 3 at 5:50 PM
|Ingevity’s Michael Wilson to present at Oppenheimer 12th Annual Industrial Growth Conference on May 9, 2017|
finance.yahoo.com - May 2 at 7:17 PM
|Ingevity Corp (NGVT) Given Consensus Recommendation of "Buy" by Brokerages|
www.americanbankingnews.com - May 1 at 10:44 PM
|Ingevity Corp (NGVT) Expected to Announce Quarterly Sales of $206.9 Million|
www.americanbankingnews.com - April 27 at 12:24 PM
|Ingevity Corp (NGVT) Expected to Post Earnings of $0.48 Per Share|
www.americanbankingnews.com - April 25 at 2:16 PM
|Jefferies Group LLC Reaffirms "Buy" Rating for Ingevity Corp (NGVT)|
www.americanbankingnews.com - April 19 at 3:42 PM
|Ingevity Shares Caught In The Crosshairs Of Domestic Auto Sales Concern -- Maybe Incorrectly|
finance.yahoo.com - April 7 at 11:27 AM
|ETFs with exposure to Ingevity Corp. : April 5, 2017|
finance.yahoo.com - April 7 at 11:27 AM
|Ingevity announces dates for first quarter earnings release and conference call|
finance.yahoo.com - April 7 at 11:27 AM
|Ingevity Corp. breached its 50 day moving average in a Bullish Manner : NGVT-US : April 7, 2017|
finance.yahoo.com - April 7 at 11:27 AM
|Ingevity Corp (NGVT) Stock Rating Reaffirmed by Aegis|
www.americanbankingnews.com - April 6 at 4:52 PM
|Ingevity Corp (NGVT) Given Consensus Rating of "Buy" by Analysts|
www.americanbankingnews.com - April 4 at 6:27 PM
Ingevity Corp (NGVT) Chart for Tuesday, July, 25, 2017