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
- Sub-Industry: N/A
- Symbol: NASDAQ:NGVT
- CUSIP: N/A
- Web: www.ingevity.com/
- Market Cap: $2.61 billion
- Outstanding Shares: 42,140,000
- 50 Day Moving Avg: $59.86
- 200 Day Moving Avg: $59.86
- 52 Week Range: $40.24 - $62.00
Sales & Book Value:
- Trailing P/E Ratio: 49.38
- Foreward P/E Ratio: 21.39
- P/E Growth: 2.06
- Annual Revenue: $942.1 million
- Price / Sales: 2.77
- Book Value: $4.40 per share
- Price / Book: 14.05
- EBIDTA: $216.9 million
- Net Margins: 13.75%
- Return on Equity: 76.78%
- Return on Assets: 16.55%
- Average Volume: 283,800 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) posted its earnings results on Wednesday, August, 2nd. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.70 by $0.08. The firm had revenue of $260.30 million for the quarter, compared to analyst estimates of $259.56 million. Ingevity Corp had a return on equity of 76.78% and a net margin of 13.75%. The business's revenue was up 2.3% on a year-over-year basis. View Ingevity Corp's Earnings History.
When will Ingevity Corp make its next earnings announcement?
Where is Ingevity Corp's stock going? Where will Ingevity Corp's stock price be in 2017?
4 brokerages have issued 1 year target prices for Ingevity Corp's stock. Their forecasts range from $60.00 to $71.00. On average, they anticipate Ingevity Corp's share price to reach $67.00 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. " (8/8/2017)
- 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 NewMarket Corporation (NEU), Methanex Corporation (MEOH), Quaker Chemical Corporation (KWR), Calgon Carbon Corporation (CCC), A. Schulman (SHLM), Innophos Holdings (IPHS), Koppers Holdings (KOP), CSW Industrials (CSWI), Westlake Chemical Partners LP (WLKP), Trecora Resources (TREC), Enzymotec (ENZY), UFP Technologies (UFPT), Zotefoams plc (ZTF), Applied Graphene Materials PLC (AGM), Airgas (ARG), Axiall Corp (AXLL) and Axiall Corp (GGC).
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 number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.93%), Vanguard Group Inc. (9.11%), Franklin Resources Inc. (6.34%), State Street Corp (2.56%), Chilton Investment Co. LLC (2.53%) and Capital World Investors (2.29%). 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 Capital World Investors, FMR LLC, Alliancebernstein L.P., Columbus Circle Investors, Ameriprise Financial Inc., Dimensional Fund Advisors LP, Lazard Asset Management LLC and BlackRock Inc.. View Insider Buying and Selling for Ingevity Corp.
Who bought Ingevity Corp stock? Who is buying Ingevity Corp stock?
Ingevity Corp's stock was acquired by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Marshall Wace North America L.P., Wells Fargo & Company MN, TPG Group Holdings SBS Advisors Inc., Chilton Investment Co. LLC, Franklin Resources Inc., Federated Investors Inc. PA and Bank of Montreal Can. 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 $61.82.
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: ||4 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$67.00 (8.38% upside)|
Analysts' Ratings History for Ingevity Corp (NASDAQ:NGVT)
(Data available from 9/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/24/2017||Jefferies Group LLC||Set Price Target||Buy||$71.00||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|
|11/1/2017|| || || || || || || || |
|8/2/2017||Q2 2017||$0.70||$0.78||$259.56 million||$260.30 million||View||N/A|
|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: $2.31
(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)
Ingevity Corp (NGVT) Chart for Sunday, September, 24, 2017